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GM unveils more affordable supercar in limited edition Corvette Stingray

Jun 11, 2021 15:51 pm UTC| Economy Business

General Motors has unveiled the 2022 IMSA GTLM Championship Edition Stingray, which could compete with its more expensive rivals but with a base price starting at a more affordable $87,085 for the coupe and $94,085 for the...

DoorDash begins Asian expansion via Japan

Jun 11, 2021 15:34 pm UTC| Economy Business

San Francisco-based DoorDash Inc., the biggest food-delivery company in the US, is bringing its on-demand delivery to Asia with its first stopover in Sendai, Japan, one of the worlds most restaurant-dense...

Approval of Kakao's digital insurance unit to boost innovation: experts

Jun 11, 2021 12:20 pm UTC| Economy Technology Business

The Financial Services Commissions preliminary approval of Kakao Pays insurance subsidiary as an online-only insurance firm and of three peer-to-peer companies is expected by industry experts to pave the way for the...

Barogo to use 80 billion won funding in putting up storage facilities

Jun 11, 2021 11:28 am UTC| Economy Business

Delivery platform operator Barogo has secured 80 billion won through its series C funding round, surpassing the firms initial target of 50 billion won. Barogo will use the amount to establish storage facilities to...

Sam's Club dives into the home improvement biz to compete with Home Depot

Jun 11, 2021 10:07 am UTC| Business Economy

Sams Club is one of the popular retail warehouse clubs in the United States. It is owned by Walmart, but they are slightly different. Now, Fox Business reported that Sams Club is getting into a new game in the retail...

Gary Jones, former UAW president, received imprisonment sentence for union funds embezzlement

Jun 11, 2021 09:44 am UTC| Business Economy

Gary Jones, the former president of the United Auto Workers, was sentenced to jail on Thursday, June 10. The executive was given a 28-month imprisonment term for misappropriating the unions funds. Gary Jones case is...

Amazon facing $425 million fine over EU privacy law

Jun 11, 2021 09:16 am UTC| Business Economy

Amazon may be facing a $425 million fine under the European Unions privacy law, according to reports. A source that has knowledge of the issue has shared this information on Thursday, July 10. Why Amazon could be fined...

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Economy

Asian Markets Mixed as Fed Decision, Iran Tensions, and Inflation Data Weigh on Sentiment

Asian stock markets showed mixed performance on Wednesday as investors remained cautious ahead of the U.S. Federal Reserves policy decision and ongoing geopolitical tensions between the United States and Iran. Market...

Trump Signals Prolonged Blockade Strategy Against Iran Amid Rising Tensions

U.S. President Donald Trump has reportedly directed his advisers to prepare for a long-term blockade of Iran, marking a strategic shift toward sustained economic pressure as Washington evaluates its next moves in the...

Australia Inflation Surges in March as Fuel Prices Spike Amid Middle East Conflict

Australias consumer price index (CPI) rose sharply in March, driven largely by higher fuel costs linked to geopolitical tensions in the Middle East. According to data released by the Australian Bureau of Statistics (ABS),...

Gold Prices Fall as Strong Dollar and Rising Oil Prices Pressure Markets

Gold prices dropped sharply on Tuesday, reaching their lowest level in nearly a month as a stronger U.S. dollar and rising oil prices weighed on investor sentiment. Spot gold declined 1.8% to $4,597.06 per ounce, while...

Oil Prices Slip Amid UAE’s OPEC Exit and Ongoing Iran Conflict Concerns

Oil prices edged lower on Wednesday after reaching a three-week high, as global markets reacted to the United Arab Emirates decision to exit the OPEC alliance. Despite the dip, continued geopolitical tensions surrounding...

Politics

King Charles Reaffirms UK-US Alliance Amid Global Tensions

King Charles III delivered a historic speech to the U.S. Congress, emphasizing the enduring strength of the UK-US alliance during a period marked by geopolitical uncertainty and strained relations. Addressing lawmakers,...

White House Defends Trump’s FIFA Peace Prize Amid Global Criticism

The White House has strongly defended the decision to award U.S. President Donald Trump the inaugural FIFA Peace Prize, pushing back against growing criticism from human rights organizations, athletes, and international...

Trump Meets King Charles: “Two Kings” Moment Sparks Debate on Presidential Power

U.S. President Donald Trump drew attention during a White House event welcoming King Charles and Queen Camilla, making remarks that blended history, symbolism, and political messaging. Reflecting on the shared heritage of...

U.S. Envoy Julie Davis to Retire Amid Ukraine War Diplomacy Challenges

Acting U.S. Ambassador to Ukraine Julie Davis is set to step down from her role in Kyiv and retire from the State Department in June 2026, according to U.S. officials. Her departure comes at a critical moment, as...

Trump-Iran Conflict Escalates as Nuclear Talks Stall and Oil Prices Surge

Efforts to resolve the ongoing Iran conflict have reached a critical deadlock, with U.S. President Donald Trump rejecting Tehrans latest proposal aimed at ending the two-month war. The geopolitical tensions between the...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

TSMC Exits Arm Holdings with $231 Million Share Sale Amid Strategic Portfolio Shift

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has officially divested its remaining stake in Arm Holdings, marking the end of its investment in the UK-based chip designer....

T-Mobile Beats Q1 Earnings Expectations on Strong Postpaid Growth

T-Mobile US Inc. (NASDAQ: TMUS) delivered a strong first-quarter performance, surpassing analyst expectations thanks to robust postpaid subscriber growth and rising service revenues. The wireless carrier reported adjusted...

Seagate Stock Surges After Strong Q3 Earnings Beat and Bullish Outlook

Seagate Technology PLC (NASDAQ: STX) delivered impressive third-quarter results that surpassed Wall Street expectations, driving a sharp rise in its stock price. The data storage leader reported adjusted earnings per share...

Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal

The Australian government has announced a new plan that could impose multimillion-dollar charges on major tech platforms like Meta, Google, and TikTok if they fail to compensate local media companies for news content...

Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand

Shares of Lightelligence, the Shanghai-based optical computing company formerly known as Shanghai Xizhi Technology, delivered an explosive performance during their Hong Kong stock market debut, underscoring strong investor...