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Thu, Jan 08, 2026 08:57 AM All times are UTC

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New Putin law mandates that only Russian-made wines may carry Champagne label

Jul 06, 2021 23:46 pm UTC| Economy Business

President Vladimir Putin signed a new law decreeing that only Russian-made sparkling wine made can be labeled as Champagne in Russia. Imports from France must now bear the words sparkling wine. Consequently, Mot...

Burger King Singapore launches burger in fried vegetable patties instead of buns

Jul 06, 2021 12:35 pm UTC| Business Economy

Burger King Singapore is offering something really new to its customers and most vegetable lovers will surely love this. Kentucky Fried Chicken may have introduced a sandwich with the chicken serving as its bun and this...

Taco Bell, NBA bring back favorite menu item in time for the game finals

Jul 06, 2021 11:54 am UTC| Business Economy

Taco Bell and the NBA team up again to bring back the fans flaming favorite menu item. In time for the NBA finals, the fast-food chain will start offering the Flamin Hot Doritos Locos Taco again. WSPA News7 reported...

Samsung Display finally reach an agreement with the labor union

Jul 06, 2021 11:28 am UTC| Business Economy

Samsung Display finally reached an agreement with the companys labor union regarding wages. With the development, the workers will now end their planned two-week strike. The union officials shared on Monday, July 5,...

Cathay Pacific introduces lifestyle brand to offset losses in its travel business

Jul 06, 2021 10:26 am UTC| Business Economy

Cathay Pacific Airways announced on Monday, July 5, that it had launched its lifestyle brand that will provide various offers in shopping and hospitality. It was said that the airline is looking for other ways to gain...

General Motors expands design studio in China for advanced EV productions

Jul 06, 2021 10:16 am UTC| Business Economy

General Motors revealed early this week that it has widened its design studio in China. The American carmaker will be focusing on the development of electric cars as it will not design and produce vehicles that run on gas...

Facebook, Google, Twitter threaten to withdraw service in Hong Kong over proposed data laws: Report

Jul 06, 2021 10:13 am UTC| Business Economy

Facebook, Google, and Twitter reportedly warned Hong Kong that they will discontinue services if the government proceeds with its plans to implement new data protection laws. The three leading social media companies were...

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Economy

Japanese Chemical Stocks Slide as China Launches Anti-Dumping Probe into Chipmaking Material

Shares of major Japanese chemical manufacturers declined sharply on Thursday after China announced the launch of an anti-dumping investigation into imports of dichlorosilane, a critical material used in semiconductor and...

Trump Proposes $1.5 Trillion U.S. Military Budget for 2027, Fueling Defense Stock Rally and Fiscal Concerns

President Donald Trump said Wednesday that he wants the 2027 U.S. military budget to reach $1.5 trillion, a dramatic increase from the $901 billion defense budget approved by Congress for 2026. The proposal immediately...

Asian Currencies Trade Mixed as Dollar Firms Ahead of Key U.S. Jobs Data

Asian currencies traded in a narrow, mostly weaker range on Thursday as the U.S. dollar found modest support ahead of a closely watched U.S. labor market report due later this week. Investors across the foreign exchange...

Asian Stock Markets Slip as Wall Street Weakness Weighs, South Korea Hits Record on Samsung Rally

Most Asian stock markets moved lower on Thursday, tracking a weaker overnight close on Wall Street, as investors engaged in profit-taking after recent global equity record highs. However, South Korean equities stood out,...

RBA Deputy Governor Says November Inflation Slowdown Helpful but Still Above Target

A senior official at the Reserve Bank of Australia (RBA) has said the recent slowdown in consumer price inflation is a positive development, but stressed that inflation remains uncomfortably high and above the central...

Politics

Steny Hoyer Announces Retirement, Ending Historic Career in U.S. House

Democratic Congressman Steny Hoyer has announced that he will not seek reelection, bringing an end to a distinguished career in the U.S. House of Representatives that has spanned more than four decades. The Washington Post...

Trump to Attend World Economic Forum in Davos with Senior U.S. Officials

U.S. President Donald Trump is set to attend the 2026 World Economic Forum (WEF) in Davos, Switzerland, marking his first in-person appearance at the annual global gathering since returning to the White House for a second...

Chevron Seeks Expanded U.S. License to Boost Venezuelan Oil Exports Amid Sanctions Talks

U.S. oil major Chevron is reportedly in discussions with the U.S. government to expand a crucial license that would allow it to increase crude oil exports from Venezuela, according to sources close to the negotiations. The...

U.S. DOT Withholds $160 Million From California Over Commercial Driver’s License Dispute

The U.S. Department of Transportation (USDOT) announced it is withholding $160 million in federal transportation funding from California, citing the states failure to cancel more than 17,000 improperly issued commercial...

Trump Administration Eyes Control of Venezuela’s Oil Industry to Push Prices Toward $50 a Barrel

The Trump administration is reportedly developing a far-reaching plan to exert long-term influence over Venezuelas oil industry, with the strategic goal of lowering global crude prices to around $50 per barrel, according...

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

SK Hynix Shares Hit Record High as AI Memory Demand Fuels Semiconductor Rally

Shares of South Korean memory chip giant SK Hynix surged to a fresh all-time high on Thursday, reflecting growing investor optimism around booming demand for artificial intelligence (AI) memory products and a strengthening...

OpenAI Sets $50 Billion Stock Grant Pool, Boosting Employee Equity and Valuation Outlook

OpenAI has reportedly established a massive $50 billion employee stock grant pool, a move that underscores the companys aggressive strategy to attract, retain, and reward top talent as it continues to scale its artificial...

Ford Targets Level 3 Autonomous Driving by 2028 with New EV Platform and AI Innovations

Ford Motor Company has announced plans to bring Level 3 driver-assistance technology to market by 2028, marking a significant step toward hands-free and eyes-off driving on select highways. The advanced system will allow...

Samsung Forecasts Strong Q4 Profit on AI-Driven Memory Chip Boom

Samsung Electronics Co Ltd (KS:005930) surprised markets by forecasting a stronger-than-expected fourth-quarter operating profit, driven by surging global demand for memory chips fueled by artificial intelligence. The...

FCC Exempts Select Foreign-Made Drones From U.S. Import Ban Until 2026

The U.S. Federal Communications Commission (FCC) announced on Wednesday that it will exempt certain foreign-made drones and critical drone components from a broad import ban that was adopted in December, easing concerns...