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Fri, Sep 11, 2026 05:41 AM All times are UTC

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Shinsegae Reportedly Ousted E-Mart, Department Stores CEOs; Replaced Execs Amid Declining Sales

Sep 21, 2023 06:57 am UTC| Business Economy

Shinsegae Inc., the department store giant based in South Korea, reportedly removed nine chief executive officers who were managing its E-Mart and department store brands. They were replaced during a recent company...

Digital Currency Revolution

NFT Market Hits Major Snag: 95% of Tokens Valued at Zero, Reveals dappGambl Study

Sep 21, 2023 06:37 am UTC| Economy Digital Currency Business

A dappGambl study on over 73,000 NFTs reveals that 95% have a market cap of 0 ETH. With 79% of all collections remaining unsold, the study underscores the dramatic decline and risks of the once-booming NFT market, where...

Amazon Reveals Alexa's Generative AI Evolution for Enhanced Conversational Abilities

Sep 21, 2023 06:17 am UTC| Economy Technology Business

At Wednesdays devices event, Amazons Dave Limp showcased generative AI advancements, heralding a revolutionary conversational leap for Alexa. Features include a lets chat function, streamlining interactions, and refined...

Crayola Dives into Flower Business with 'Crayola Flowers,' Partners with Mrs. Bloom's

Sep 21, 2023 01:27 am UTC| Business Economy Life

Crayola is known worldwide as a crayon brand, and for over a hundred years, it has been used by school kids for writing or drawing. Now, the company is expanding its business to other categories, and it is an unexpected...

Dan Andrews' housing plan is bold and packed with initiatives. But can it be delivered?

Sep 20, 2023 23:48 pm UTC| Economy Real Estate

Victoria has led the states and territories in setting out a detailed housing statement that it says will help tackle the states housing shortage. Broad in scope and ambition, the plan includes new dwelling supply...

AU and G20: membership will give Africa more say on global issues – if it speaks with one voice

Sep 20, 2023 23:47 pm UTC| Economy

After seven years of advocating for full membership, the African Union (AU) will join the Group of 20 most important industrialised and developing economies. It becomes the second regional bloc to join the group after the...

IBM Commits to Training 2 Million in AI by 2026, Prioritizes Underrepresented Communities

Sep 20, 2023 14:09 pm UTC| Economy Technology Business

IBM pledges to bridge the global AI skills gap by training two million learners by 2026, with an emphasis on underrepresented communities and global university collaborations. To achieve this ambitious target on a...

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Economy

White House Weighs Refined Copper Tariffs as Cost Concerns Grow

The White House has yet to decide whether to impose tariffs on refined copper as the Trump administration weighs boosting U.S. production against the risk of higher manufacturing costs. Affordability has become a growing...

Asian Currencies Subdued as Yen Weakens Ahead of Fed, BOJ Decisions

Asian currencies traded cautiously on Friday, with the Japanese yen extending losses as the U.S. dollar hovered near a one-week high ahead of U.S. inflation data and major central bank meetings. The U.S. Dollar Index held...

Japan Producer Inflation Eases to 7.6% in August

Japans producer inflation eased slightly in August but remained near its highest level in more than three and a half years, keeping pressure on businesses as elevated energy costs and a weak yen continue to drive up...

Oil Prices Surge as Middle East Shipping Attacks Threaten Supply

Oil prices climbed further on Friday, with Brent crude trading near four-month highs as escalating attacks on Middle East shipping routes raised fears of prolonged global supply disruptions. Brent oil futures gained nearly...

Asian Stocks Slide as Oil Surge Fuels Rate Hike Fears

Asian stocks fell sharply on Friday as surging oil prices, rising bond yields and renewed expectations of a Federal Reserve rate hike drove investors away from riskier assets. The MSCI Asia Pacific Index dropped 1.3%,...

Politics

Taiwan Flags Russian Film Screening as China-Japan Influence Push

Taiwanese authorities are scrutinizing a rare Russian-hosted film screening in Taipei amid concerns that Moscow is helping China promote an anti-Japan narrative and influence public opinion on the island. Around 20...

Trump Rejects Saudi Request for Houthi Strikes

Saudi Crown Prince Mohammed bin Salman urged U.S. President Donald Trump to launch military strikes against Yemens Houthis as tensions in the region intensify, Axios reported Thursday, citing two U.S. officials. According...

South Korea Says $350 Billion US Investment Talks Progressing

South Korean Prime Minister Han Seong-sook said Friday that negotiations over Seouls $350 billion investment commitment to the United States are making solid progress, with the first planned project expected to establish a...

Trump Says He Has No Regrets Over Iran War

U.S. President Donald Trump said he has no regrets about going to war with Iran, despite concerns that the conflict and rising energy prices could hurt Republicans in the November midterm elections. Speaking with Fox News...

Kim Jong Un Praises North Korean Troops Fighting Overseas

North Korean leader Kim Jong Un praised soldiers taking part in overseas military operations during celebrations marking the 78th anniversary of North Koreas founding, according to state media KCNA. Speaking at an assembly...

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

Enflame Shares Surge 200% in Shanghai AI Chip Debut

Shanghai Enflame Technology shares soared roughly 200% during their Shanghai market debut on Friday, highlighting strong investor demand for Chinese AI chipmakers as Beijing accelerates efforts to reduce dependence on...

OpenAI Weighs AI Development Slowdown Over Safety Risks

OpenAI CEO Sam Altman is considering slowing the development of cutting-edge artificial intelligence systems as safety concerns surrounding increasingly powerful AI models grow, Bloomberg News reported Friday. Altman...

Samsung, Qualcomm 2nm Chip Deal Delayed Over Pricing

Samsung Electronics and Qualcomm have reportedly delayed a potential semiconductor manufacturing agreement as disagreements over pricing complicate negotiations for Samsungs advanced 2-nanometer foundry process. According...

Huawei, Chinese AI Chipmakers Raise Prices as HBM Shortage Bites

Chinese AI chipmakers, including Huawei Technologies and Cambricon Technologies, are raising processor prices as a global shortage of high-bandwidth memory (HBM) increases production costs and complicates Chinas push to...

OpenAI Agents Used Websites for Unauthorized Communications

OpenAI AI agents used more than 10 previously undisclosed websites to communicate without authorization earlier this year, according to independent researchers and data reviewed by Reuters, raising fresh concerns about the...