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Sun, Sep 13, 2026 12:19 AM All times are UTC

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Korea’s GS Retail to open its first stores in Malaysia after signing MOU with KK Group

Jul 12, 2022 08:00 am UTC| Business Economy

GS Retail, a South Korean supermarket chain company, is set to enter the Malaysian convenience store market. For this business expansion, it has signed a memorandum of understanding (MOU) with KK Group, a Malaysian firm...

Uber’s secret link to top politicians revealed via leaked documents

Jul 12, 2022 07:16 am UTC| Business Economy

Uber Technologies Inc. is in a hot seat after it was revealed that some top politicians had been secretly helping it in unfair ways. The companys hush-hush relationship with some lawmakers was uncovered after leaked...

7-Eleven speeding up merger deal with MInistop

Jul 11, 2022 10:18 am UTC| Business Economy

7-Eleven operator, Lotte Groups Korea Seven, is picking up speed with the completion of its merger and acquisition (MA) deal with Ministop so it can start the take over of the stores in South Korea. As per Pulse News,...

Ford issues new recall for 100,000 vehicles in the US over fire risks

Jul 11, 2022 09:40 am UTC| Business Economy

Ford Motor Co. has issued another recall for its vehicle models, but this time, the number is higher. The company recalls 100,000 units of its hybrid vehicles due to the risk of catching fire. This new Ford Motor recall...

Twitter hires Wachtell law firm as it vows to fight Elon Musk for scrapping $44 billion acquisition deal

Jul 11, 2022 09:31 am UTC| Business Economy

Twitter Inc. is suing Elon Musk for terminating their $44 billion acquisition deal. The social media platform vowed to legally fight the 51-year-old billionaire, so it reportedly hired Wachtell, Lipton, Rosen Katz LLP law...

South Korea slashing tariffs on beef, chicken and others to alleviate inflation

Jul 11, 2022 09:08 am UTC| Business Economy

South Korea is removing tariffs on some daily necessities, including chicken, beef, coffee beans, green onions, and powdered milk. The Korean government is slashing the duties on the said items in an effort to help ease...

Coupang reportedly gets into financing business, adds loan service to its offerings

Jul 11, 2022 08:12 am UTC| Business Economy

Coupang is a known e-commerce company in South Korea but will soon offer a new service to expand its portfolio. It is reportedly considering getting into the financing business by opening an online loan market. As per...

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Economy

EUR/USD Eyes 1.17 as Fed Decision Could Weigh on Dollar

EUR/USD could climb back toward its summer highs near 1.17 if next weeks Federal Reserve decision sparks a sell the news reaction in the U.S. dollar, according to Citi strategists. However, geopolitical tensions and...

Central Banks Could Buy 20,000 Tonnes of Gold: BofA

Central banks may have significant capacity to continue buying gold even after several years of record demand, according to Bank of America (BofA). The bank estimates that institutions currently underweight in gold could...

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...

Politics

Iran-Oman Talks Lay Groundwork for Hormuz Reopening

An understanding between Iran and Oman could pave the way for reopening the Strait of Hormuz, although any immediate resumption of shipping remains unlikely, an Iranian source told Tasnim news agency. The source said the...

Chinese Satellite Images Linked to Iran Strike on US Base

U.S. officials have connected high-resolution satellite imagery supplied to Iran by Chinese entities to a July missile attack on an American military base in Jordan that killed three U.S. troops, according to a Wall Street...

Trump Calls for Five-Year George Washington Smithsonian Exhibit

President Donald Trump called on the Smithsonian Institution to create a five-year exhibition honoring George Washington, while renewing criticism of the museum organizations approach to U.S. history. In a Truth Social...

Saudi Arabia Shuts East-West Oil Pipeline After Drone Attack

Saudi Arabia has temporarily shut its strategic East-West oil pipeline following a drone attack, adding fresh pressure to global energy supplies as the U.S.-Iran war disrupts major Middle East shipping routes. The...

Trump Open to Chinese Automakers Building Cars in US

President Donald Trump said Friday that he would be open to Chinese automakers establishing manufacturing plants in the United States, despite strong opposition from U.S. lawmakers and major auto companies. Speaking on Fox...

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

Meta’s AI Shopping Push Grows as Agentic Commerce Remains Below 1%

Agentic commerce still accounts for less than 1% of overall e-commerce activity, despite a wave of new AI shopping agents from Meta, Anthropic and other technology companies. Meta this week launched Muse, a personal AI...

OpenAI Rules Out 2026 IPO as Altman Prioritizes AI Safety

OpenAI will not pursue an initial public offering in 2026 as the artificial intelligence company focuses on mounting safety and alignment challenges, CEO Sam Altman said in an interview with Fortune published Saturday....

OpenAI Agents Linked to RubyGems Cyberattack

OpenAIs AI agents were involved in a previously undisclosed cyber incident that disrupted RubyGems, a widely used software package distribution service, in May, according to a Wall Street Journal report. OpenAI confirmed...

Nvidia Eyes $10 Billion Investment in Anthropic IPO

Nvidia is reportedly in discussions to become an anchor investor in Anthropics planned initial public offering, with the AI chip giant potentially committing up to $10 billion to what could become the largest IPO in...

Optus Apologises After Network Outage Disrupts Emergency Calls

Optus has apologised to customers after a network outage disrupted voice services across several Australian states and affected some emergency calls, raising fresh concerns about the reliability of the countrys...