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Target joins the plant-based food trend by launching its own vegan line

May 12, 2021 09:36 am UTC| Business Economy

Target is joining the list of companies that are getting into the plant-based food business. The company that sells everything from groceries, essentials to clothing and electronics is set to launch its own brand of vegan...

S. Korea to offer shipping services to local exporters to ease freight cost woes

May 12, 2021 09:26 am UTC| Economy Business

South Korea plans to offer more scheduled shipping services to the Americas and Europe through June to ease the burden of freight cost hike among local exporters. Under the plan, six shipping schedules to the Americas...

Starbucks drops its newest summer Frappuccino flavor

May 12, 2021 09:26 am UTC| Business Economy

Starbucks has something new to offer this summer! The premiere coffee chain giant just introduced its newest flavor that will go best with the season, and it is called the Strawberry Funnel Cake Frappuccino. How the new...

Hite Jinro prepares to export top-selling Terra beer

May 12, 2021 09:21 am UTC| Economy Business

Hite Jinro Co. is set to export 1.2 million bottles of its popular lager beer brand Terra to Hong Kong this month and to the US and Singapore in the second half. Sales of Terra will likely hit store shelves in the US...

Yogiyo acquisition: Here are the companies that made it to the final round of bidding

May 12, 2021 08:56 am UTC| Business Economy

The race for the acquisition of Yogiyo, one of South Koreas leading food delivery companies, is still ongoing. The competition among the bidders is now in the final stage, and only a few companies were left in the...

McDonald's promotes COVID-19 vaccine through its new coffee cups design

May 12, 2021 07:46 am UTC| Business Economy

McDonalds has taken a step to help the White House spread awareness and promote COVID-19 vaccination to the public. The fast-food giant is doing this by releasing its newly-designed coffee cups that will be used in its...

Uptake In Vaccinations Shows Prudent Investment Opportunity In Biotech Industry

May 12, 2021 07:24 am UTC| Business

Over the past few decades, the rampant growth and expansion in the vaccination industry have yielded impressive results. From Polio vaccine in 1954, the MMR combination vaccine in 1971, the first recombinant vaccines for...

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Economy

Trump Eyes 15% Tariff on Canadian Auto Imports in New Trade Deal

The Trump administration is reportedly considering cutting tariffs on Canadian automobile imports to 15% from 25% as part of a broader U.S.-Canada trade agreement. In exchange, Canada would remove retaliatory trade...

US Treasury Doubles Long-Term Bond Buybacks as Yields Surge

The U.S. Treasury has doubled planned buybacks of long-duration government bonds in an effort to improve market liquidity after a sharp Treasury selloff pushed borrowing costs to multi-year highs. Under the revised...

Fed Minutes Signal Rate Hikes Remain Possible as Inflation Risks Persist

Federal Reserve officials indicated that additional interest rate hikes could be necessary if inflation fails to ease, according to minutes from the central banks July Federal Open Market Committee (FOMC) meeting. The Fed...

US Dollar Hits Three-Month Low as Treasury Yields Fall

The U.S. dollar dropped to its weakest level in more than three months on Wednesday as falling Treasury yields pressured the greenback, while investors assessed the Federal Reserves latest signals on inflation and interest...

Gold Tops $4,500 as Dollar Slides After Treasury Bond Move

Gold prices surged on Wednesday, breaking above $4,500 an ounce for the first time since early June as falling U.S. Treasury yields pressured the dollar and boosted demand for the precious metal. Spot gold climbed 4% to...

Politics

Prince Harry and Meghan Markle Reportedly Plan UK Move With Children

Prince Harry and Meghan Markle are reportedly preparing to relocate to Britain with their two children this month, marking a significant return to the UK six years after the couple stepped back from their roles as senior...

Ukraine Names Yevhenii Khmara Defence Minister Amid Election Row

Ukrainian lawmakers appointed Yevhenii Khmara as the countrys new defence minister on Wednesday, deepening a major political shake-up as President Volodymyr Zelenskiy faces pressure over wartime elections and a fresh...

Trump Administration Allocates $206 Million for Gaza Peacekeeping Force

President Donald Trumps administration is allocating more than $206 million to support a proposed Gaza peacekeeping force, marking the first major U.S. financial commitment to its stalled Gaza reconstruction and security...

Israel, Syria Discuss Turkey’s Military Presence Before Airstrike

Israels Mossad chief Roman Gofman held a rare phone call with Syrian Foreign Minister Asaad al-Shaibani on August 14, with Turkeys growing military presence in Syria dominating the discussion, according to three people...

UN Chief Raises Concern Over US Sanctions on ICC Officials

United Nations Secretary-General Antonio Guterres has expressed serious concern over the United States decision to impose sanctions on International Criminal Court President Tomoko Akane and senior trial lawyer Abdoulaye...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

OpenAI Revenue Rises 18% in Q2 as Losses Widen and Anthropic Surges Ahead

OpenAI reported an 18% increase in second-quarter revenue, but widening losses and rapid growth at rival Anthropic are adding pressure on the ChatGPT maker, according to The Wall Street Journal. OpenAI told investors that...

Unitree Robotics Shares Soar Over 600% in Shanghai Market Debut

Unitree Robotics shares skyrocketed in their Shanghai stock market debut on Wednesday, highlighting surging investor interest in Chinas robotics and artificial intelligence sectors. The Chinese humanoid robot maker saw its...

Goldman Sachs Names 9 Top Japanese Semiconductor and Electronics Stocks

Goldman Sachs has identified nine Japanese semiconductor and electronic components stocks it believes are well positioned for growth, particularly as artificial intelligence and data center demand accelerates. The bank...

Baidu Shares Sink to One-Year Low as Ad Weakness Overshadows AI Growth

Baidu shares plunged to a near one-year low on Wednesday after the Chinese technology giant reported weaker-than-expected second-quarter results, as declining advertising revenue overshadowed strong growth across its...

OpenAI Tightens AI Safety Monitoring After Security Incidents

OpenAI is strengthening oversight of its most advanced artificial intelligence models as the company works to prevent unexpected or potentially dangerous behavior from increasingly autonomous AI systems. The ChatGPT...