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Jeju Beer gets Korea Exchange's nod for Kosdaq listing

Feb 27, 2021 01:34 am UTC| Business

Jeju Beer Co. is set to go public in the first half of this year after securing Korea Exchanges approval of its preliminary listing application filed last November. Despite being unable to fulfill Kosdaqs market listing...

Beyond Meat expands deals with McDonald's, Yum Brands!

Feb 27, 2021 00:38 am UTC| Business

Beyond Meat has signed a three-year global agreement with McDonalds to be the preferred supplier for the patty in the McPlant and to co-develop other plant-based menu items such as pork, chicken, and egg...

Louis Vuitton Moët Hennessy buys half-share in Jay-Z’s Champagne

Feb 27, 2021 00:02 am UTC| Business

Louis Vuitton Mot Hennessy (LVMH) has bought a half-share in a Champagne company Armand de Brignac owned by rapper and businessman Jay-Z. Started by Jay-Z in 2006, Armand de Brignac claims to have sold half a million...

How universities can support local businesses and communities

Feb 26, 2021 14:23 pm UTC| Business

The pandemic has provided an urgent lesson in the value of cooperation and partnership. The state, the private sector and voluntary groups all rely on the success of the others to prosper. Collaboration will be more...

8 ways business managers can use fiction to prepare for the uncertain reality of coronavirus

Feb 26, 2021 14:19 pm UTC| Business

Reading fiction has always been, for many, a source of pleasure and a means to be transported to other worlds. But thats not all. Businesses can use novels to consider possible future scenarios, study sensitive workplace...

After Disney closed one of its major studios, animation is under pressure in pandemic Hollywood

Feb 26, 2021 14:15 pm UTC| Business

Last years computer-animated feature Trolls World Tour served as an early test case for movie releases during the pandemic. The film appeared on video-on-demand streaming services the same day as its limited theatrical run...

Climate: The Physical Science and the Social Science According to Chuck Hinckley

Feb 26, 2021 09:31 am UTC| Business

If it feels like climate catastrophes are popping up more often in the news, youre not imagining it, says Chuck Hinckley, a financial advisor from New York City, New York, with a history in the green energy industry....

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Economy

Goldman Sachs Flags 3 Key Risks Ahead of Europe’s Earnings Season

Goldman Sachs has outlined three major themes investors should watch as Europes corporate earnings season approaches, warning that elevated market expectations could lead to stronger share-price swings if companies...

Goldman Sachs Raises USD/JPY Forecast, Sees Yen Weakness Persist Through 2027

Goldman Sachs has raised its USD/JPY exchange rate forecasts, predicting the Japanese yen will remain under pressure as elevated U.S. Treasury yields, limited recession risks in the United States, Japans fiscal concerns,...

JPMorgan Cuts Gold Price Forecast, Sees Bullion Reaching $4,500 by End of 2026

JPMorgan has sharply lowered its near-term gold price outlook, citing weaker-than-expected demand from major buying sectors and growing uncertainty over U.S. monetary policy. The bank now expects gold prices to average...

Oil Prices Steady as U.S.-Iran Peace Talks Ease Strait of Hormuz Supply Fears

Oil prices ended the week largely unchanged as investors weighed improving prospects for a lasting U.S.-Iran peace agreement against rising crude supply from the Middle East. Brent crude futures settled up 14 cents, or...

Asian Currencies Rise as Dollar Weakens; Yen Holds Steady Amid Japan Intervention Watch

Most Asian currencies edged higher on Friday after the U.S. dollar retreated from a 13-month high following weaker-than-expected U.S. nonfarm payrolls data, raising fresh questions about the Federal Reserves interest rate...

Politics

Trump Marks America’s 250th Anniversary With National Mall Rally Amid Political Divide

U.S. President Donald Trump is set to headline a major rally at Washingtons National Mall on Saturday as part of Americas 250th anniversary celebrations, concluding weeks of events that have sparked debate over the growing...

Trump Administration Proposes Repeal of 702 Federal Regulations in Major Deregulation Push

The Trump administration is moving forward with one of its largest deregulation efforts, proposing to eliminate 702 federal regulations across multiple government agencies as part of its latest semiannual regulatory...

Iran Holds State Funeral for Ali Khamenei as Security Fears Shape Succession

Millions of Iranians gathered in Tehran on Saturday for the state funeral of slain Supreme Leader Ali Khamenei, while authorities confirmed that his son and successor, Ayatollah Mojtaba Khamenei, would not lead funeral...

Trump Offers to Help Advance Ukraine Peace Talks in Call With Putin

U.S. President Donald Trump told Russian President Vladimir Putin that Washington remains ready to help advance efforts to end the war in Ukraine during a phone call that lasted nearly 90 minutes, according to Kremlin aide...

Kim Jong Un Oversees North Korea Destroyer Missile Tests, Orders Rapid Naval Deployment

North Korean leader Kim Jong Un supervised a series of weapons tests aboard the newly built naval destroyer Kang Kon, reinforcing Pyongyangs push to strengthen its maritime military capabilities, according to the Korean...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

Anthropic Tightens AI Access Controls After Reports of China-Based Workarounds

Anthropic is strengthening measures to prevent unauthorized access to its artificial intelligence services from China after discovering that several Chinese companies had allegedly bypassed its restrictions, according to a...

Kuaishou Stock Jumps as Kling AI Secures $2 Billion Funding Round

Hong Kong-listed shares of Kuaishou Technology (HK:1024) climbed more than 6% on Thursday after its spun-off artificial intelligence business, Kling AI, secured an initial $2 billion in venture capital funding to...

Meta CEO Zuckerberg Says AI Agent Development Has Slowed Despite Massive AI Investment

Meta Platforms (NASDAQ: META) CEO Mark Zuckerberg has acknowledged that the companys progress in developing artificial intelligence (AI) agents has been slower than expected, despite Metas aggressive investment in AI...

Kioxia Bets on AI Memory Boom With Next-Gen NAND Production in Japan

Kioxia is set to mark a major milestone on Friday with a ceremony at its manufacturing facility in northern Japan as the company prepares to begin mass production of its next-generation NAND flash memory chips. The move...

OpenAI Proposes 5% U.S. Government Stake Amid AI Policy Talks

OpenAI has reportedly proposed granting the U.S. government a 5% ownership stake in the artificial intelligence company as it seeks to strengthen ties with Washington and address growing political scrutiny over the rapidly...