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Mon, Jul 06, 2026 07:40 AM All times are UTC

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Hershey basing its Halloween ad on COVID-19

Sep 08, 2020 11:46 am UTC| Business

Candymaker Hershey Co will come up with a COVID-19-based Halloween marketing strategy in partnership with Google that will tailor digital ads to households. A key part of the marketing strategy is convincing people that...

S. Korea ranks 3rd globally in social media penetration rate

Sep 08, 2020 10:13 am UTC| Business

South Korea posted a social media penetration rate of 87 percent in the first quarter to rank the third-highest globally based on a report by economic research institute Digieco and DMC media. The social media...

HHI teams up with GIG, Total for offshore wind project in Ulsan

Sep 08, 2020 09:34 am UTC| Business

Hyundai Heavy Industries (HHI) will develop 1.5 gigawatts of offshore wind power farms near Ulsan in cooperation with Green Investment Group (GIG) and Total. Top executives of the three firms joined a webinar hosted by...

Emirates refunds $1.4 billion to pandemic-affected customers

Sep 08, 2020 09:18 am UTC| Business

Emirates has refunded $1.4 billion to customers affected by COVID-19 travel restrictions covering 1.4 million refund requests since March, representing 90 percent of the backlog. All requests received from around the...

SK Innovation denies it has plans to put up 3rd EV battery plant in Hungary

Sep 08, 2020 07:57 am UTC| Business

SK Innovation Co denies reports by insiders that it has plans to put up a third battery plant in Hungary and that it has begun the process of selecting subcontractors for its construction. The company insists that no...

New Rolls-Royce Ghost marks Asia-Pacific debut in S. Korea

Sep 07, 2020 09:59 am UTC| Business

Rolls-Royce Motor Cars chose to mark the debut of the all-new Ghost sedan in Asia-Pacific via South Korea due to the countrys importance to the carmakers business. Paul Harris, Asia-Pacific regional director of...

Amazon bans sale of imported seeds to US due to mystery packets from China

Sep 07, 2020 08:56 am UTC| Business

Amazon has barred foreign sales of seeds to the US after it found that mystery packets, mostly from China, were being shipped to Americans. The retail giants updated policy on plant and seed products prohibits the sale...

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Economy

Oil Prices Slip as OPEC+ Boosts August Output, Oversupply Concerns Weigh on Crude Market

Oil prices edged lower in early Asian trading on Monday after OPEC+ agreed to increase production targets for August, adding to expectations of stronger global crude supplies and easing concerns over disruptions in the...

US Stock Futures Rise as Investors Eye Fed Minutes, AI Stocks, and Q2 Earnings

U.S. stock index futures moved higher on Sunday evening as investors prepared for a key week featuring the release of the Federal Reserves June meeting minutes and the unofficial start of the second-quarter earnings...

Gold Price Rises as Softer Dollar and Fed Rate Expectations Boost Bullion Demand

Gold prices climbed during Asian trading on Monday as a weaker U.S. dollar and fading expectations of another Federal Reserve interest rate hike this year supported demand for the precious metal. The recovery extended...

Asian Markets Slip as AI Earnings Season Looms, Oil Prices Fall Ahead of Key Fed Signals

Asian stock markets traded lower on Monday as investors turned cautious ahead of a critical earnings season expected to highlight the strength of artificial intelligence (AI) demand. At the same time, falling oil prices...

Japan Defense Stocks Rally on Report of New Defense Ministry Bureau for Global Cooperation

Japanese defense-related stocks rallied sharply on Monday after a report by the Yomiuri newspaper said the government is preparing to establish a new bureau within the Ministry of Defense to strengthen international...

Politics

Australian PM Anthony Albanese Apologizes After Kylie Minogue Podcast Remarks Spark Backlash

Australian Prime Minister Anthony Albanese issued a public apology on Monday after making controversial remarks about pop icon Kylie Minogue during a comedy podcast interview, drawing criticism from opposition lawmakers...

Iran Begins Oil Sale Talks With Japan Under U.S. Sanctions Waiver Amid Shipping Risks

Iran has opened preliminary discussions with Japanese companies about resuming crude oil exports under a temporary U.S. sanctions waiver, although potential buyers are seeking a longer exemption and stronger assurances...

Trump to Meet Zelenskiy at NATO Summit in Turkey to Push Ukraine Peace Efforts

U.S. President Donald Trump is set to meet Ukrainian President Volodymyr Zelenskiy during this weeks NATO summit in Turkey as part of a renewed diplomatic effort to end the war in Ukraine, according to a senior U.S....

Israel Cabinet Rejects Supreme Court Ruling, Sparking Constitutional Crisis Fears

Israels cabinet has voted to reject a Supreme Court ruling involving the countrys broadcast regulator, triggering fresh concerns over a potential constitutional crisis and deepening tensions between Prime Minister Benjamin...

Israeli Airstrike Kills Two in Gaza City as Ceasefire Violations and Truce Talks Persist

At least two Palestinians were killed and several others were wounded in an Israeli airstrike in central Gaza City on Sunday, according to Palestinian health officials, as violence continued despite an October ceasefire...

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

Foxconn Q2 Revenue Surges Nearly 40% on Strong AI Server Demand

Foxconn, officially known as Hon Hai Precision Industry, reported a sharp rise in second-quarter revenue as booming demand for artificial intelligence infrastructure continued to drive growth across its cloud and...

Citi Raises TSMC Price Target as AI Chip Demand Strengthens Growth Outlook

Citi has raised its target price for Taiwan Semiconductor Manufacturing Co. (TSMC) to NT$3,800 from NT$2,875, while maintaining its Buy rating, citing stronger confidence in the chipmakers long-term growth as demand for...

AI Memory Chip Shortage Likely to Persist Despite Korea Investment Boom, Nomura Says

Concerns that a new wave of investment announcements by South Korean memory chipmakers could trigger another memory chip oversupply cycle may be exaggerated, according to Nomura analysts, who believe strong artificial...

Samsung Q2 Profit Seen Soaring as AI Memory Demand Keeps Chip Prices Elevated

Samsung Electronics is expected to report another record-breaking quarter as booming artificial intelligence (AI) demand continues to fuel higher memory chip prices and tighten global supply. Analysts estimate the South...

Meta Cloud Ambitions Could Challenge AWS, Azure, and Google Cloud, Says Morgan Stanley

Meta Platforms (NASDAQ: META) is preparing to expand into the cloud computing market, a move that could position the company as a future rival to Amazon Web Services (AWS), Microsoft Azure, and Google Cloud. According to...