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Fri, Sep 11, 2026 06:28 AM All times are UTC

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J.M. Smucker Acquires Twinkies Maker Hostess Brands for $5.6 Billion

Sep 12, 2023 03:56 am UTC| Economy Investing Business

J.M. Smucker acquires iconic Twinkies maker Hostess Brands in a monumental $5.6 billion deal, merging two major American snack titans and reshaping the landscape of the U.S. packaged food industry. The purchase price,...

Digital Currency Revolution

Coinbase Clarifies Reports of Ending Services in India Amidst User Concerns

Sep 12, 2023 03:37 am UTC| Business Investing Digital Currency Economy

Coinbase Global Inc. refuted recent claims of discontinuing its entire service in India. Users reportedly received an email suggesting withdrawals, triggering widespread speculation about the platforms future in the...

Honda Joins Automakers in Adopting Tesla's Charging Standard for North American EVs

Sep 11, 2023 09:37 am UTC| Economy Business Technology

Honda joins major automakers in adopting Teslas EV charging standards from 2025, signaling a shift towards simplifying and standardizing North Americas electric vehicle charging landscape. Honda will incorporate Teslas...

Gatorade Introduces Eco-Friendly 100% Recycled Plastic Bottles for New Unflavored Water in 2024

Sep 11, 2023 08:36 am UTC| Business Economy Life

Gatorade, a top-tier brand under PepsiCo, is set to release a purified, unflavored Gatorade Water in early 2024, distinctive for its packaging in 100% recycled plastic bottles, catering to environmentally-conscious...

Walmart Eyes Major Stake in ChenMed, Signaling Push into Multi-Billion Dollar Healthcare Sector

Sep 11, 2023 08:26 am UTC| Business Economy

Walmart Inc. is in discussions to acquire a significant stake in ChenMed LLC, marking a strategic push into the multi-billion-dollar U.S. healthcare sector. This potential acquisition underscores a broader retail trend of...

Daniel Zhang Steps Down from Alibaba Cloud Leadership After Just Two Months

Sep 11, 2023 06:47 am UTC| Business Economy

Daniel Zhang has unexpectedly resigned as head of Alibabas cloud division after just two months. Zhang, who recently shifted focus from his CEO role, will be replaced by Eddie Wu amid the companys larger restructuring...

German EV Surge in South Korea: Mercedes-Benz, BMW Lead the Charge, Outpacing Tesla

Sep 11, 2023 06:40 am UTC| Economy Life Business

German automakers lead South Koreas import EV market, selling 15,084 unitsa stark rise from 9,744 in 2020. Data from KAIDA unveils impressive growth despite a decline in imported gasoline and diesel vehicle sales. Brands...

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Economy

Treasury Buyback Fails to Cool Long-Term Yields

The U.S. Treasurys decision to triple its long-dated bond buyback failed to ease investor concerns over rising government debt, persistent deficits and elevated Treasury yields. The Treasury said it would repurchase up to...

Gulf Ministers to Meet Iran in Oman Over Hormuz Shipping Deal

Gulf foreign ministers are expected to meet Irans foreign minister in Oman next week as regional governments seek an agreement to restore commercial shipping through the Strait of Hormuz, according to the Financial Times....

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...

Politics

Russian Strikes Hit Kyiv as Ukraine Targets Russian Cities

Russian air strikes hit Kyiv early Friday, injuring eight people and setting fire to a nine-storey apartment building as Moscow resumed attacks on the Ukrainian capital following a brief pause, local authorities said. Kyiv...

Volkswagen Job Cuts Put Lower Saxony Leader Under Political Pressure

Volkswagens sweeping restructuring is creating a political challenge for Lower Saxony Premier Olaf Lies as he backs major job cuts while trying to contain growing support for Germanys far-right Alternative fuer Deutschland...

Trump Rejects Saudi Request for U.S. Strikes on Houthis

Saudi Crown Prince Mohammed bin Salman urged U.S. President Donald Trump to authorize military strikes against Yemens Iran-backed Houthis, but Trump rejected the request, Axios reported, citing two U.S. officials. The...

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...

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...