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Tue, Dec 23, 2025 01:27 AM All times are UTC

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Amazon to Shut Down Two Style Stores, Shifts Focus Back Online

Nov 03, 2023 11:12 am UTC| Business

Amazon Inc. is closing two of its brick-and-mortar clothing stores less than two years after the launch of the first location. The decision comes as the company appeared to have failed in its bid to shift to physical...

Marriott Posts Profit Surge; RevPar Climbs Amid Travel Demand

Nov 03, 2023 10:55 am UTC| Business

Marriott International has reported a rise in quarterly profit, attributing it to higher room prices and resilient travel demand. The company registered an impressive 8.8% global revenue increase per available room...

Uber, Lyft Settle NY Wage Dispute for $328M; Drivers to Benefit

Nov 03, 2023 10:40 am UTC| Business

Uber Technologies, Inc. and Lyft, Inc. agreed to settle the dispute over alleged wage theft involving drivers in New York. The ride-hailing companies will pay a combined total of $328 million to settle the case. New...

Paris Baguette Kicks Off Global Promotion with Paris Saint-Germain

Nov 03, 2023 10:38 am UTC| Business Sports Life

Paris Baguette, a multinational bakery chain, has recently announced a strategic collaboration with the renowned French soccer club Paris Saint-Germain. The partnership aims to promote the bakery brand to millions of...

McDonald’s, Coca-Cola Expand Reach with Brag House Esports Deal

Nov 03, 2023 10:29 am UTC| Business

McDonalds and Coca-Cola have renewed their partnership deal with Brag House esports and gaming platforms. This is a strategic move for the companies to reach the Gen Z gaming community, which is said to be difficult to...

Hugo Boss Q3 Sales Surge 15%, Defying Luxury Market Slowdown

Nov 03, 2023 10:17 am UTC| Business Life

Hugo Boss has confirmed its full-year outlook after reporting third-quarter results that meet analysts expectations. Despite a downturn in the luxury sector, it posted a 15% rise in sales to 1.03 billion euros ($1.09...

Boeing Probes Cyber Incident, Lockbit Ransomware Gang Claims Attack

Nov 03, 2023 07:01 am UTC| Business Technology

Boeing, one of the largest defense and space contractors globally, announced on Wednesday that it is currently investigating a cyber incident. The incident has impacted certain aspects of Boeings parts and distribution...

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Economy

Platinum Price Surges Past $2,000 as Demand and Supply Dynamics Tighten

Platinum prices surged sharply at the start of the week, rallying more than 4.6% on Monday to break above the $2,000 per ounce level for the first time since 2008. The move marks a 17-year high for the precious metal and...

U.S. Dollar Slips as Yen Finds Support on Intervention Signals and Geopolitical Risks Rise

The U.S. dollar edged lower on Monday after posting modest gains last week, as cautious market sentiment and rising geopolitical tensions weighed on risk appetite. Currency markets remained largely subdued in Asia, showing...

Why U.S. Coffee Prices Are Staying High Despite Trump’s Tariff Rollbacks

U.S. coffee drinkers hoping for cheaper coffee after President Donald Trump rolled back key import tariffs are likely to be disappointed. While the tariff reductions removed duties on hundreds of food items, including...

UK Economy Grows 0.1% in Q3 2025 as Outlook Remains Fragile

The British economy recorded modest growth in the third quarter of 2025, expanding by 0.1% between July and September, according to the latest confirmation from the Office for National Statistics (ONS). The final GDP...

German Exports to the U.S. Decline Sharply as Tariffs Reshape Trade in 2025

German exports to the United States recorded a significant downturn in 2025, underscoring the lasting impact of U.S. trade policies on Europes largest economy. According to a study cited by Reuters, German car exports to...

Politics

Australia Moves Toward Tougher Gun Laws After Bondi Shooting

Australias most populous state, New South Wales, is set to introduce significantly tougher gun laws alongside new measures targeting terrorism and public protests, following a deadly mass shooting in Sydneys Bondi area....

Trump Announces Ambitious Plan for New U.S. Navy Super Battleships

U.S. President Donald Trump announced on Monday an ambitious proposal for the United States Navy to begin building a new class of advanced battleships, a move that could significantly reshape the future of American naval...

China’s Nuclear Expansion Raises Arms Control Concerns as Pentagon Report Warns of Growing Military Ambitions

China is rapidly expanding and modernizing its nuclear weapons arsenal, with a draft Pentagon report warning that Beijing may have loaded more than 100 intercontinental ballistic missiles (ICBMs) across three newly...

Kremlin Downplays U.S.-Russia Talks on Ukraine as Ongoing Process

Russia has played down expectations surrounding recent discussions with the United States on the Ukraine conflict, emphasizing that the talks should not be interpreted as a major diplomatic breakthrough. Kremlin spokesman...

Zelenskiy Says Ukraine Peace Talks With U.S. and Europe Near Breakthrough

Ukrainian President Volodymyr Zelenskiy said negotiations involving Ukraine, the United States, and European nations aimed at ending the nearly four-year war with Russia are approaching a decisive outcome, signaling...

Science

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...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...