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Fri, Dec 26, 2025 03:27 AM All times are UTC

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Ford Motor recalls 462,000 SUVs over defective rear camera display

Jan 29, 2023 10:53 am UTC| Business Economy

Ford Motor announced on Friday, Jan. 27, that it had issued a recall on some of its sports utility vehicle models. This affects a total of 462,000 units worldwide, and cited issues with the rear camera as the reason. As...

Salesforce named three new independent board directors

Jan 29, 2023 08:45 am UTC| Business Economy

Salesforce Inc., an American cloud-based software company headquartered in San Francisco, California, announced on Friday, Jan. 27, that it has appointed three new independent board directors. It was noted that the...

Hanwha, Microsoft announce strategic partnership for solar panel services

Jan 29, 2023 08:44 am UTC| Business Economy

Hanhwa Q Cells and Microsoft have signed a partnership deal for the supply of solar panels and the provision of related services. The companies revealed that this is for the upcoming projects of the American tech...

Thom Browne to inaugurate new company in South Korea

Jan 29, 2023 05:30 am UTC| Business Economy

Thom Browne luxury fashion brand based in New York City, will create its own firm in South Korea. It expressed its intention to establish a new company to get a bigger share of the countrys fashion market. Thom Brownes...

Court awards Burger King workers $2 million for unpaid wages, denial of breaks

Jan 28, 2023 22:54 pm UTC| Law Economy Business

California has ordered Golden Gate Restaurant Group Inc. to pay $2.2 million in wage theft citations to 230 people who worked at its Burger King stores between 2016 and 2019 . The corporation, which previously operated...

LVMH’s sales defy downturn as shoppers splurge

Jan 28, 2023 22:54 pm UTC| Life Economy Business

Luxury goods group LVMHs sales jumped 9 percent to $24.65 billion in the fourth quarter as shoppers in Europe and the US splurged over the holiday season, partly offsetting COVID disruptions in China. Analysts were only...

Lotte Duty Free awarded 10-year Melbourne Airport rights

Jan 28, 2023 22:54 pm UTC| Life Economy Business

Lotte Duty-Free has inked a 10-year concession to operate duty-free shops at Melbourne Airport and will begin operating its 592 square-meter store on June 1. The project marks the South Korean travel retail giants...

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Economy

China Revises 2024 GDP Lower After Final Review, Eyes Growth in 2025

Chinas economy in 2024 was officially revised downward following a final verification by the countrys statistics bureau, highlighting ongoing adjustments in the worlds second-largest economy. According to the latest...

U.S. Stock Futures Edge Higher as Holiday-Thinned Trading Persists

U.S. stock futures moved modestly higher on Thursday evening following the Christmas holiday, as subdued activity and thin trading volumes continued to shape market behavior ahead of a shortened New Years trading week....

Oil Prices Rise on Venezuela Sanctions and Nigeria Airstrikes Despite Annual Losses

Global oil prices edged higher on Friday as geopolitical tensions intensified following new U.S. actions targeting Venezuelan oil shipments and military airstrikes against Islamic State militants in Nigeria. These...

Japan Approves Record ¥122.3 Trillion Budget as Takaichi Seeks Fiscal Balance

Japans government, led by Prime Minister Sanae Takaichi, has approved a record-breaking budget worth 122.3 trillion yen ($785 billion) for the next fiscal year starting in April, underscoring its attempt to balance...

Tokyo Core Inflation Stays Above BOJ Target, Strengthening Case for Further Rate Hikes

Core consumer prices in Tokyo, Japans capital, rose 2.3% in December compared with the same period a year earlier, reinforcing expectations that the Bank of Japan (BOJ) may continue raising interest rates in the coming...

Politics

White House East Wing Ballroom Plans Face Scrutiny Ahead of January Hearing

The White House is set to reveal new details about President Donald Trumps proposed East Wing ballroom during a federal commission hearing scheduled for early next month, according to official notices. The project, which...

Zelenskiy Discusses Ukraine Peace Efforts With Trump Envoys

Ukrainian President Volodymyr Zelenskiy said on Thursday that he held an extensive discussion with U.S. President Donald Trumps special envoy Steve Witkoff and Trumps son-in-law Jared Kushner, focusing on possible ways to...

Kim Jong Un Signals Continued Missile Development as North Korea Plans Five-Year Military Modernization

North Korean leader Kim Jong Un has signaled that the country will continue to advance its missile capabilities over the next five years, underscoring Pyongyangs ongoing focus on strengthening its military deterrence....

US Airstrikes Target Islamic State Militants in Northwest Nigeria Amid Rising Security Concerns

The United States has carried out airstrikes against Islamic State militants operating in northwest Nigeria, according to a statement made by U.S. President Donald Trump on Thursday. The strikes were described as a direct...

U.S. Judge Blocks Deportation of British Anti-Disinformation Campaigner Imran Ahmed Amid Free Speech Dispute

A U.S. federal judge has temporarily blocked the Trump administration from detaining or deporting Imran Ahmed, a British anti-disinformation campaigner and U.S. permanent resident, following a legal challenge over an entry...

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

Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance

NVIDIA (NASDAQ: NVDA) has reportedly agreed to acquire Groq, a fast-growing designer of high-performance artificial intelligence accelerator chips, in a $20 billion all-cash transaction, according to a CNBC report. The...

Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling

A federal judge in Texas has blocked the enforcement of a new state law that would have required app stores and developers to verify users ages, marking a significant legal win for major technology companies and digital...

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

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...