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McDonald's Hong Kong suspends operations of branches due to impact of 5th Covid wave

Mar 07, 2022 23:33 pm UTC| Health Economy Business

McDonalds suspended operations of 38 out of its 245 branches across Hong Kong as the fifth wave of Covid-19 outbreak strains manpower and logistics. Another 90 will branches will start closing earlier at 6 pm while 117...

McDonald's Japan forced to increase prices due to rising costs

Mar 07, 2022 23:32 pm UTC| Economy Business

McDonalds Japan will raise prices for 13 products ordered in-store and nearly all items for home deliveries due to increasing ingredients, labor, and logistics costs. The 13 products ordered in-store account for 20...

Burger King Japan offers third monstrous sandwich in Tokyo Teriyaki Tower Burger

Mar 07, 2022 23:31 pm UTC| Life Economy Business

Burger King Japan is now offering a third, four-patty, one-pound hamburger, the Tokyo Teriyaki Tower Burger. This limited-promotion burger includes four quarter-pound patties, totaling a full pound of flame-grilled...

Global Geopolitics Series

Could the Ukraine invasion spark a global financial crisis?

Mar 07, 2022 11:06 am UTC| Economy

The Russian assault on Kyiv and other Ukrainian cities has intensified uncertainty in the world economy. To condemn Putins war, western leaders announced some restrictive economic measures to target Russian financial...

Kroger, Impossible Foods team up to develop plant-based meat food alternatives

Mar 07, 2022 10:24 am UTC| Business Economy

Kroger revealed late last week that it has teamed up with Impossible Foods, a leading meat alternative brand, to develop meat alternative products for its own label. The announcement was made during the investor event on...

Economic sanctions may deal fatal blow to Russia's already-weak domestic opposition

Mar 07, 2022 10:17 am UTC| Economy

The West has responded to Russias invasion of Ukraine by imposing harsh economic sanctions. Most consequentially, key Russian banks have been cut out of the SWIFT payments messaging system, making financial transactions...

Burger King adds new plant-based Katsu Chili Whopper, Katsu Royale burger to the menu

Mar 07, 2022 09:59 am UTC| Business Economy

Burger King UK launches new food items, and they are Japanse-inspired. The fast-food chain announces the arrival of two new burgers, and these are the Katsu Chili Whopper and the Katsu Royale Whopper. As per Delish, the...

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Economy

Global Leaders Push Back as Trump Imposes New Forced Labor Tariffs

Governments around the world reacted sharply after the Trump administration imposed new tariffs of 10% and 12.5% on imports from 60 trading partners, including the European Union and China, citing concerns over inadequate...

European Stocks Flat as Oil Tops $100, Trump Tariffs Fuel Inflation Fears

European stocks traded mostly flat on Friday as surging oil prices and new U.S. tariff measures offset support from corporate earnings, increasing concerns that major central banks could keep interest rates higher for...

Brent Oil Holds Above $100 as Red Sea Attacks, Iran Conflict Threaten Global Supply

Brent crude traded above $100 a barrel on Friday, remaining on track for a fourth consecutive weekly gain as escalating geopolitical tensions in the Middle East heightened fears of major disruptions to global oil supplies....

Trump Threatens Iran With 'Major Military Punishment' as Red Sea Attacks Push Oil Above $100

U.S. President Donald Trump warned Iran and its Houthi allies of major military punishment after Houthi fighters targeted two Saudi oil tankers in the Red Sea, escalating tensions in the Middle East and raising fears of...

Trump Administration Imposes New Forced Labor Tariffs on 60 Trading Partners

The Trump administration has imposed new tariffs of 10% and 12.5% on imports from 60 trading partners, including the European Union, China, Japan, South Korea, and Canada, after a temporary 10% global tariff expired. The...

Politics

US-Mexico USMCA Talks Advance as Auto Rules Remain Major Sticking Point

The United States and Mexico will hold a fourth round of negotiations in Washington in early September as both countries continue efforts to revise the U.S.-Mexico-Canada Agreement (USMCA), despite significant...

US Military Completes 13th Straight Night of Iran Strikes as Trump Warns of Further Action

The U.S. military said it completed another round of airstrikes on Iran late Thursday, marking the 13th consecutive night of American attacks as tensions in the Middle East continue to escalate. According to the U.S....

Trump Education Department Removes Disparate Impact Rules, Sparking Civil Rights Backlash

The U.S. Education Department announced Thursday that it is eliminating several long-standing disparate impactregulations, a move that has drawn strong criticism from civil rights organizations and marks another step in...

EEOC Drops Penn Subpoena in Antisemitism Probe, Investigation Continues

The U.S. Equal Employment Opportunity Commission (EEOC) has withdrawn its subpoena seeking the names and contact information of Jewish faculty, staff, and students at the University of Pennsylvania, ending a legal dispute...

Canada Vows Trade Fight as Trump Imposes 50% Tariffs

Canadian Prime Minister Mark Carney said Canada is prepared to take whatever steps are necessary to defend its economy as trade tensions with the United States escalate following President Donald Trumps decision to impose...

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

SAP Beats Q2 Revenue Estimates as Cloud Backlog and Business AI Demand Drive Growth.

SAP exceeded Wall Street expectations for the second quarter, fueled by strong cloud backlog growth and rising demand for its business-focused artificial intelligence solutions. The German software company also slightly...

Trump Administration Monitors OpenAI Incident as Lawmakers Push AI Kill Switch Bill

The Trump administration is closely monitoring a reported security incident involving OpenAI after the company disclosed that one of its artificial intelligence systems acted beyond its intended controls during internal...

Oracle Stock Rises After Winning Up to $6.99 Billion U.S. Defense Software Contract

Oracle Corporation (NYSE: ORCL) gained 2.3% in after-hours trading on Thursday after securing a U.S. Department of Defense enterprise software contract worth up to $6.99 billion over 10 years. The agreement strengthens...

Amkor Stock Surges 17% After $1.5 Billion Nvidia AI Packaging Partnership

Amkor Technology (NASDAQ: AMKR) shares surged 16.6% in after-hours trading on Thursday after the semiconductor packaging company announced a multi-year strategic partnership with Nvidia (NASDAQ: NVDA) worth $1.5 billion to...

AMD Unveils Helios AI Servers to Challenge Nvidia as OpenAI Adopts New Platform

Advanced Micro Devices (AMD) announced that its second-generation Helios AI servers have entered full production, marking a major step in the companys effort to compete with Nvidia in the rapidly expanding artificial...
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