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Fri, Sep 11, 2026 04:47 PM All times are UTC

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McDonald's Franchisee Loses Court Battle With German City Over Tax On Packaging

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

McDonalds franchisee Susanne Heppert lost an appeal against Tbingen, Germany over tax legislation regarding disposable packaging and cutlery. The law imposes a tax of approximately $.50 on disposable packaging, $.20 on...

Moxion To Build Energy Storage Gigafactory in US

May 28, 2023 22:49 pm UTC| Economy Business Nature

Moxion Power will build an energy storage gigafactory in the US, which is designed to have a battery manufacturing capacity of more than 7 GWh. or around 10,000 mobile energy storage products, per year. The...

Centrica Inks 5-Year Deal To Supply Wind Power To Frankfurt Airport

May 28, 2023 22:46 pm UTC| Nature Economy Business

Centrica PLC has signed a power purchase agreement (PPA) to supply Frankfurt Airports owner, Fraport AG, with electricity from a northern Germany wind farm. Under the five-year contract, which starts in July 2023,...

ProAmpac Launches PE-Based Recyclable Film That Makes Snacking Hassle-Free

May 28, 2023 22:40 pm UTC| Economy Business Nature

ProAmpac has introduced the ProActive Recyclable R-2200D Easy-Peel Open packaging, a new PE-based recyclable film that makes snacking a hassle-free experience due to its easy-peel and easy-to-open sealant...

Marriott Opens First Sheraton Hotel in Japan at Kagoshima

May 28, 2023 22:35 pm UTC| Life Economy Business

Marriott has opened a Sheraton on a picturesque bay with a backdrop of Mount Sakurajima in Kagoshima, the brands 150th property in Asia-Pacific and the first Sheraton in Japan. The Sheraton Kagoshima is located on...

Fifa Renews Top-Tier Hyundai Sponsorship Deal Until 2030

May 28, 2023 22:22 pm UTC| Sports Economy Business

Hyundai Group has renewed its top-tier sponsorship deal with Fifa until 2030, retaining Hyundai and Kias designation as soccers global governing bodys official mobility partners. The new agreement lets the Korean car...

PepsiCo To Trial ‘Bagless’ Multipacks For Walkers Crisps That Reduces Plastic Use By 86%

May 28, 2023 22:20 pm UTC| Nature Life Economy Business

PepsiCos Walkers is trialing bagless multipack packaging with a recyclable, tape-like strip expected to reduce plastic use by 86% from the previous outer packaging design for its Snack A Jacks range. The outer tape,...

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Economy

UK Businesses Urge Government to Cut Electricity Levies

British businesses are pressing the government to remove levies from electricity bills as high energy costs put increasing pressure on energy-intensive sectors such as steel, chemicals and manufacturing, Bloomberg reported...

UK Economy Grows 0.4% in July, Beating Forecasts

Britains economy expanded by a stronger-than-expected 0.4% in July, maintaining solid momentum from the first half of 2026 despite economic pressures linked to the U.S.-Iran war, according to data released Friday by the...

US Treasury Yields Near 5% as Oil Fuels Inflation Fears

Global bond markets came under heavy selling pressure on Friday, pushing the U.S. 10-year Treasury yield close to the critical 5% threshold as soaring oil prices and expectations for higher interest rates intensified...

Global Central Banks Brace for More Rate Hikes as Inflation Risks Rise

Major global central banks are facing renewed pressure to raise interest rates as persistent inflation, resilient economic growth and rising energy prices complicate the monetary policy outlook. The European Central Bank...

BOJ Set to Raise Rates to 1.25% as Inflation Risks Build

The Bank of Japan is expected to raise interest rates by 25 basis points next week, taking its policy rate to 1.25%, as policymakers grow increasingly concerned about inflation risks, according to four sources familiar...

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...

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....

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...

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...