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Mon, Jan 05, 2026 01:53 PM All times are UTC

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Nestle is permanently shutting down its plant in Ontario

Jul 19, 2021 10:33 am UTC| Business Economy

Nestle is shutting down another one of its overseas plants, and this time, its foodservice processing facility in Ontario. It was reported that the Trenton plant will officially cease operations in mid-2022. Reason for...

Korea’s Nexon recruits former Disney executive to be its VP and CSO

Jul 19, 2021 09:37 am UTC| Business Economy

Nexon, a South Korean game developer, has recruited Nick van Dyk, a former Walt Disney Company executive who worked with its Activision Blizzard Studios division. He is now part of Nexon as its vice president and chief...

Emart24 launching AI-based alcohol vending machine in unmanned convenience stores

Jul 19, 2021 09:23 am UTC| Business Economy

Emart24 is set to launch its unmanned alcohol vending machine that can be found in its convenience stores. This artificial intelligence machine will be part of the totally unmanned operation of store outlets. How the...

SK Innovation: EU grants Korean company €90 million subsidy for its second EV battery plant in Hungary

Jul 19, 2021 08:48 am UTC| Business Economy

SK Innovation received 90 million or around $106.2 million subsidy grant from the government of Hungary so it can build its second electric vehicle battery factory in the country. The grant was approved by the European...

Renault Samsung halts Korean plant operations over chip shortage

Jul 19, 2021 08:04 am UTC| Business Economy

Renault Samsung Motors Corp. announced on Monday, July 19, that it would be suspending its plant operations in South Korea. The halt is temporary, and the company will resume production once it has enough parts to use for...

LG Electronics revealed plans to transition to 100% renewable energy by 2050

Jul 19, 2021 06:46 am UTC| Business Economy

LG Electronics announced on Sunday, July 18, that it has plans to shift to renewable energy by the year 2050. The South Korean company said that its target is a full transition to sourcing power generated from natural...

Impossible Foods to launch plant-based chicken nuggets and may fuel chicken sandwich wars with the vegan option

Jul 19, 2021 05:35 am UTC| Business Economy

Impossible Foods is expanding its plant-based meat line with the addition of chicken nuggets. The American company that develops plant-based substitutes for meat products will be releasing its new product via a trade show...

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Economy

Chinese EV Stocks Slide as December Sales Growth Slows, Raising Demand Concerns

Chinese electric vehicle (EV) stocks declined sharply on Monday after new data revealed a slowdown in sales growth for December, heightening concerns about cooling demand in the worlds largest EV market. The...

Saudi Arabia’s Non-Oil Private Sector Growth Slows but Remains Resilient in December PMI Survey

Saudi Arabias non-oil private business sector continued to show solid growth momentum in December, although the pace of expansion moderated to its slowest level in four months, according to the latest Purchasing Managers...

China Rejects U.S. Role as “World’s Judge” After Maduro’s Arrest

Chinas Foreign Minister Wang Yi has pushed back against the United States handling of Venezuelan President Nicolas Maduros capture, saying Beijing rejects any nation acting as the worlds police or worlds judge. Speaking in...

South Korea Vows Action to Stabilize Won as Currency Weakens Despite Strong Fundamentals

South Koreas top economic policymakers have pledged stronger measures to stabilize the currency market as the Korean won continues to weaken, a trend they say does not reflect the countrys economic fundamentals. The...

US Warns of Higher Tariffs on India Over Russian Oil Imports as Trade Tensions Persist

The United States could impose even higher tariffs on Indian goods if New Delhi fails to meet Washingtons demands to significantly curb its purchases of Russian oil, US President Donald Trump warned recently. Speaking to...

Politics

Trump Doubts Russian Claims of Ukrainian Drone Strike on Putin’s Residence

U.S. President Donald Trump has publicly questioned Russias claims that Ukraine attempted to strike a residence belonging to Russian President Vladimir Putin, adding a new dimension to the ongoing information war...

Cuba Declares National Mourning After Citizens Killed in U.S. Raid Targeting Venezuela’s Nicolas Maduro

The Cuban government announced on Sunday that 32 Cuban citizens were killed during a U.S. military raid in Venezuela that resulted in the capture of President Nicolas Maduro and his wife, Cilia Flores. Havana declared two...

Trump Signals Potential U.S. Action Against Colombia and Iran After Venezuela Operation

U.S. President Donald Trump said on Sunday evening that his administration is considering potential action against Colombia and Iran, following a dramatic U.S. military operation in Venezuela that resulted in the capture...

Trump Signals Potential U.S. Action Against Colombia and Iran After Venezuela Operation

Maduro Set for U.S. Court Appearance After Dramatic Capture as Trump Signals Tougher Venezuela Stance

Venezuelan President Nicolás Maduro is expected to appear before a U.S. federal court in New York following his dramatic capture by American forces over the weekend, an event that has sharply escalated tensions in...

Science

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...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Technology

SMIC Shares Climb as China Boosts Chipmaking Support Amid AI Optimism

Shares of Semiconductor Manufacturing International Corp (SMIC), listed in Hong Kong under ticker 0981, moved higher on Monday as China stepped up its support for domestic chipmaking, while broader optimism surrounding...

TSMC Shares Hit Record High as Goldman Sachs Raises Price Target on AI Demand Outlook

Taiwan Semiconductor Manufacturing Co. (TSMC) shares surged to a fresh all-time high after Goldman Sachs significantly raised its price target on the worlds largest contract chipmaker, citing sustained capacity tightness...

Samsung to Double AI-Powered Mobile Devices with Google Gemini in Global AI Race

Samsung Electronics is accelerating its push into artificial intelligence, announcing plans to double the number of its mobile devices powered by Googles Gemini AI platform. The South Korean tech giant aims to expand from...

Samsung Electronics Hits Record High as AI Momentum Fuels Investor Optimism

Samsung Electronics Co Ltd (KS:005930) shares surged to a record high on Monday, extending a strong rally fueled by growing optimism around the companys artificial intelligence strategy and semiconductor outlook. The South...

Grok AI Controversy on X Sparks Global Outrage Over Nonconsensual Images

A growing controversy surrounding Grok, the artificial intelligence chatbot built into Elon Musks social media platform X, has triggered international concern over the misuse of AI-generated images and the failure to...