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Hyundai, Kia penalized $210 million for failing to timely implement recall order

Nov 28, 2020 23:00 pm UTC| Business

The US units of Hyundai Motor Co and Kia Motors agreed to a record $210 million civil penalty after failing to timely recall 1.6 million vehicles in 2015 and 2017 for manufacturing issues that could lead to bearing wear...

Canada blocks bulk importation by US of prescription drugs

Nov 28, 2020 22:50 pm UTC| Business

Canada blocked bulk exports of prescription drugs to the US as it would cause or worsen a drug shortage at home. The said importation from Canada is President Donald Trumps strategy of lowering some drug prices in the...

Establishing US biz center among LG Electronics' restructuring agenda

Nov 28, 2020 00:18 am UTC| Business

South Korean home appliance maker LG Electronics Inc will set up a new business unit in Silicon Valley, California to explore new business opportunities and cooperate with leading tech firms there. Rhee Sokwoo, who...

S. Korea's Daesang to sell foodstuffs in more Middle Eastern countries

Nov 27, 2020 23:46 pm UTC| Business

South Korean general foods company Daesang is branching out in other countries into the Middle East, including Saudi Arabia and Israel, with popular food products such as halal-certified kimchi and tofu. Daesang is...

Engineering in Society: Why Engineers are Important in the Modern World

Nov 27, 2020 08:56 am UTC| Business

Engineers are curious-minded people focused on solving problems and finding solutions to the worlds most complex challenges. Furthermore, we owe most of todays technological advancements and comforts to the ingenuity of...

Angular Developer Salary: A Look Under The Covers

Nov 27, 2020 08:53 am UTC| Business

As a business leader, you must have come across a popular proverb that says You never get a second chance to make an impression. It may not be true in the long run, but positive impressions do make users interact with a...

5 Frequently Asked Questions About Trademark Registration in Singapore

Nov 27, 2020 08:51 am UTC| Business

If you are looking for a place to register a trademark, then you have probably thought about doing so in Singapore. Singapore is well-known all over the world as a location that is incredibly favorable to businesses of all...

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Economy

Wall Street Surges to Record Highs Amid Strong Earnings and Economic Stability

U.S. stock markets closed sharply higher on Thursday, driven by solid corporate earnings, easing oil prices, and steady economic data that boosted investor confidence. The SP 500 rose 1% to a record-breaking 7,210.24,...

Oil Prices Surge Amid U.S.-Iran Tensions and Supply Disruption Fears

Global oil prices climbed sharply on Thursday as escalating geopolitical tensions between the United States and Iran fueled concerns about further supply disruptions in the Middle East. Brent crude oil prices surged by as...

Asian Stocks Slip as Oil Prices Surge and Fed Signals Inflation Risks

Asian stock markets declined on Thursday as investors reacted to a sharp rise in oil prices, mixed corporate earnings, and a cautious outlook from the U.S. Federal Reserve. The combination of geopolitical tensions, energy...

Dollar Holds Near Two-Week High as Fed Hawkish Shift Lifts Yields, Yen Near Intervention Zone

The U.S. dollar remained close to its strongest level in more than two weeks on Thursday, supported by a hawkish shift from Federal Reserve policymakers that pushed Treasury yields to a one-month high. Currency markets are...

US Stock Futures Mixed as Fed Holds Rates, Oil Prices Surge, and Big Tech Earnings Drive Market Moves

U.S. stock index futures traded mixed on Wednesday evening as investors reacted to the Federal Reserves latest policy decision, rising oil prices, and a fresh round of earnings from major technology companies. Market...

Politics

King Charles Wraps U.S. Visit with Trump Meeting and Virginia Tour

Britains King Charles III and Queen Camilla concluded their four-day state visit to the United States with a brief stop at the White House, where they said goodbye to U.S. President Donald Trump. The visit, which...

US Adds European Union to Section 301 Watchlist Amid Trade Concerns

The United States Trade Representative (USTR) has added the European Union (EU) to its Section 301 watchlist, signaling rising concerns over trade practices and intellectual property protections. The decision, announced...

Comey Faces Charges Over Instagram Post as Free Speech Debate Intensifies

Former FBI Director James Comey is facing new criminal charges tied to a controversial Instagram post, but legal experts argue the case is unlikely to succeed due to strong First Amendment protections. The charges stem...

Aung San Suu Kyi Moved to House Arrest Amid Myanmar Political Crisis

Myanmars detained former leader Aung San Suu Kyi is set to be transferred to house arrest, according to state media reports, marking a significant development more than five years after the military coup that removed her...

Israel Expands Gaza Restricted Zones, Raising Concerns for Civilians and Aid Access

Israels newly updated Gaza maps have significantly expanded restricted military zones, placing thousands of displaced Palestinians at increased risk and limiting humanitarian access. The revised maps, quietly shared with...

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

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 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

Taiwan Activates Backup Communications After Undersea Cable Break on Dongyin Island

Taiwan has activated emergency backup communications for Dongyin, its northernmost and strategically important island, after an undersea cable was damaged due to shifting shipwreck debris caused by severe weather. The...

Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings

Meta Platforms has increased its full-year capital expenditure guidance for 2026, signaling continued aggressive investment in artificial intelligence infrastructure despite rising costs and market concerns. The company...

Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges

Amazon (AMZN) shares slipped 2.6% in after-hours trading on Wednesday, even after the company delivered record-breaking quarterly earnings that exceeded Wall Street expectations. The decline reflects investor concerns over...

Alphabet Earnings Surge on AI Growth, Cloud Revenue, and Strong Search Performance

Alphabet Inc. delivered an impressive first-quarter performance, surpassing Wall Street expectations with strong growth driven by its Cloud division and core Search business. The tech giant reported adjusted earnings per...

Qualcomm Stock Surges Despite Weak Guidance After Q2 2026 Earnings Beat

Qualcomm Inc. (NASDAQ: QCOM) shares climbed sharply on Wednesday, closing up 9% after a volatile trading session triggered by its fiscal second-quarter 2026 earnings report and softer-than-expected forward guidance. The...
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