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Sun, Feb 08, 2026 04:16 AM All times are UTC

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Hyundai signs MOU to build EV assembly plant and improve Saudi Arabia’s vehicle industry

Jan 02, 2023 10:11 am UTC| Business Economy

Hyundai Motor recently signed a memorandum of understanding to help improve the vehicle industry in Saudi Arabia. There are also plans to set up its assembly plant for electric vehicles there. Hyundai Motor and the...

Pony.ai gets approval for deployment of fully driverless vehicles in Beijing

Jan 02, 2023 10:08 am UTC| Business Economy

Pony.ai has been granted permission to deploy its driverless robotaxi in Beijing. The company is one of the first batches of companies to obtain such a type of permit to test autonomous vehicles in the country. As per...

Twitter facing eviction from its San Francisco office after it was sued for not paying rent, Seattle office is closing

Jan 02, 2023 09:56 am UTC| Business Economy

Twitter may be evicted from its office in San Francisco for its failure to pay rent. The social media firm is also facing a lawsuit related to its non-payment of rental fees, which has now reached a total of...

Volvo Cars fully acquires Zenseact driving software company

Jan 02, 2023 09:47 am UTC| Business Economy

Volvo Cars has taken over Zenseact driving software company after acquiring a 13.5% stake which increased its ownership to 100%. The deal effectively made the Swedish multinational manufacturer of luxury vehicles the new...

Hyundai Motor recruiting new technical employees for the first time in a decade

Jan 02, 2023 08:25 am UTC| Business Economy

Hyundai Motor is reportedly planning to hire new technical workers, and the recruitment will take place in the span of two years starting this year. In total, the South Korean automaker is looking to add a total of 700 new...

中 제로코로나 폐기에도 '제조업' 못 살아나...3개월 연속 감소세

Jan 02, 2023 07:25 am UTC| Economy

원본 기사 : Chinas manufacturing activity drops for third straight month in December 중국이 제로코로나 정책을 해제했지만 제조업 부문은 3개월 연속 위축된 모습을 보이고 있다. 중국 제조업 부문 경기 동향을 나타내는...

Fidelity marks down value of its Twitter stake by 56% to $8.63 million

Dec 31, 2022 23:58 pm UTC| Business Technology Economy

Fidelity Blue Chip Growth Fund slashed the value of their Twitter stake by 56 percent $8.63 million in November 30, following Elon Musks $44 billion buyout. The value of the funds Twitter stake was $19.66 million at the...

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Economy

South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom

South Africa is keen to make use of potential new European Central Bank (ECB) repo liquidity lines, according to central bank governor Lesetja Kganyago, as the country continues to navigate easing inflation and a gradual...

Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength

Russian stocks finished the latest trading session on a mixed note, with the MOEX Russia Index closing flat as gains in select blue-chip shares were offset by losses in others. At the close of trading in Moscow, the...

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal

President Donald Trump has signed a landmark executive order removing the 25% penalty tariff on Indian goods, signaling a major shift in U.S.India trade relations and global geopolitical alignment. The move functions as...

Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran

U.S. President Donald Trump has signed a new executive order that could impose tariffs of up to 25% on countries that continue to do business with Iran, marking a significant escalation in Washingtons pressure campaign...

Politics

Ohio Man Indicted for Alleged Threat Against Vice President JD Vance, Faces Additional Federal Charges

A federal grand jury has returned an indictment against a 33-year-old Ohio man accused of threatening to kill U.S. Vice President JD Vance during the vice presidents visit to the Ohio region in January, according to the...

New York Legalizes Medical Aid in Dying for Terminally Ill Patients

New York has officially joined a growing number of U.S. states allowing medical aid in dying after Governor Kathy Hochul signed landmark legislation into law on Friday. The new New York medical aid in dying law permits...

Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

U.S. President Donald Trump said on Friday that very good talks are ongoing regarding Russias war in Ukraine, signaling potential movement in long-running diplomatic efforts to end the conflict. Speaking briefly to...

China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

China has issued a strong warning to the United States, signaling that any additional arms sales to Taiwan could seriously jeopardize U.S. President Donald Trumps planned visit to China in April. According to a report...

Trump Allows Commercial Fishing in Protected New England Waters

U.S. President Donald Trump has signed a proclamation permitting commercial fishing in a previously restricted marine protected area off the coast of New England, a move that has sparked renewed debate over ocean...

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....