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Thu, Aug 20, 2026 05:26 AM All times are UTC

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China slaps Australian wine with anti-dumping duties

Mar 27, 2021 00:55 am UTC| Business

China will impose anti-dumping duties measures ranging from 116.2 percent to 218.4 percent on some Australian wine imports from March 28 for five years. According to Chinas commerce ministry, an investigation found...

Pepsi announces newest Peeps' marshmallow flavor soda

Mar 26, 2021 10:36 am UTC| Business

Pepsi just unveiled the new flavor it created with Peeps. This is surely exciting news for marshmallow fans that also enjoy colas. Pepsi is distributing the Peeps flavored soda cans soon, ahead of Easter time. The...

Flynn Group acquires Pizza Hut and Wendy’s

Mar 26, 2021 09:59 am UTC| Business

Pizza Hut and Wendys has a new owner, and it was revealed to be Flynn Restaurant Group. The franchise empire recently completed the acquisition of the said famous restaurant brands that effectively expanded its...

Ford phasing out its Mondeo cars in Europe

Mar 26, 2021 09:43 am UTC| Business

Ford Motor revealed this week that it is planning to phase out the production of its Mondeo car units in Europe. The automaker will stop making this model in early 2022. As per Reuters, Ford made the decision to be able...

Stellantis considering the closure of production line in its Melfi plant in Italy

Mar 26, 2021 08:15 am UTC| Business

Stellantis is reportedly mulling on shutting down one of its production facilities in its Melfi plant located in Italy. This information was revealed by the head of FIM CISL, an Italian Federation of Metal Mechanics trade...

H&M, Nike, Adidas boycotted in China over Xinjiang labor

Mar 26, 2021 07:57 am UTC| Business

HM, Nike and Adidas are facing huge backlash in China and the public is now cutting them off. The Chineses rejection of the popular brands was the result after they have issued statements on where they stand against the...

Shinhan, Hana: South Korean premiere banks allegedly funding Myanmar military businesses

Mar 26, 2021 06:16 am UTC| Business

Shinhan Bank is the first bank in the history of South Korea, while Hana Bank is the fifth largest financial institution that is also the countrys largest foreign exchange bank. Apparently, both are reputable and important...

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Economy

Asian Currencies Steady as Dollar Weakens After Treasury Bond Buybacks

Asian currencies stabilized on Thursday following strong gains in the previous session, while the U.S. dollar remained under pressure as investors assessed Washingtons efforts to ease volatility in the Treasury bond...

Asian Stocks Rally as KOSPI, Nikkei Surge on Bond Market Relief

Asian stocks rallied Thursday as easing pressure in U.S. bond markets and renewed strength in semiconductor shares lifted major regional indexes, with South Koreas KOSPI and Japans Nikkei leading gains. Investor sentiment...

US Treasury Buybacks Ease Global Bond Yield Surge

A surprise increase in U.S. Treasury buybacks helped cool a global surge in long-term bond yields on Thursday, offering markets temporary relief as concerns over inflation, government debt and fiscal deficits continued to...

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...

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

Samsung Eyes $72 Billion Shareholder Return Plan as AI Chip Boom Fuels Profits

Samsung Electronics is reportedly preparing a new shareholder return policy worth more than 100 trillion won ($71.75 billion), as booming demand for artificial intelligence chips drives expectations of record profits at...

SK Hynix Shares Surge on Record $28.6 Billion Buyback

SK Hynix shares staged a strong rebound on Thursday after the South Korean memory-chip giant announced a record 40 trillion won ($28.6 billion) share buyback and cancellation plan, providing fresh confidence to investors...

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...