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China's bitcoin mining slumped even before crackdown: research

Jul 16, 2021 23:33 pm UTC| Economy Digital Currency

Chinas share of global bitcoin production has dropped sharply even before its authorities cryptocurrency mining crackdown in late May, a University of Cambridge research revealed. With cryptocurrency mining being an...

Dollar General is planning to recruit 50,000 workers by Labor Day

Jul 16, 2021 10:10 am UTC| Business Economy

Dollar General announced its intention to hire 50,000 new workers by Labor Day in the United States, which is on Sept. 6. This American chain of variety stores latest push to recruit so it can fill out the job vacancies in...

McCormick is hiring someone to eat tacos; Company’s very first ‘Director of Taco Relations’ will receive 100k salary

Jul 16, 2021 09:47 am UTC| Business Economy

McCormick has introduced a new job position, and it is called the Director of Taco Relations. This is the first time that this kind of work was added to the company, so whoever will be hired will be its very first employee...

Starbucks, Fila collaborate to launch limited edition products in the Asia Pacific

Jul 16, 2021 09:26 am UTC| Business Economy

Starbucks and Fila team up to release items that their customers would surely like. The companies have designed and launched some bags, drinkware, apparel and more limited edition items. Through Starbucks and Filas...

Beyond Meat is now on JD.com despite China's low interest in plant-based meat alternatives

Jul 16, 2021 09:10 am UTC| Business Economy

Beyond Meat is now on Chinas leading e-commerce platform, JD.com. The American producer of plant-based meat has opened its store on the said site despite the fact that the Chinese are said to be not very interested in meat...

Mastercard barred from issuing new cards to customers in India

Jul 16, 2021 08:22 am UTC| Business Economy

Mastercard was ordered by the Indian authorities to stop issuing new cards to customers in India. The ban was announced by the officials on Wednesday, July 14. Why India banned Mastercard from taking in new...

Amazon sued by the US regulator and ordered to recall hazardous products

Jul 16, 2021 07:23 am UTC| Business Economy

Amazon is facing a lawsuit after the U.S. Consumer Product Safety Commission (CPSC) filed a complaint against it. The countrys regulator revealed on Wednesday, July 14, that it had sued Jeff Bezos company to force it to...

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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

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...

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...
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