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Tue, Apr 07, 2026 05:06 AM All times are UTC

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Cannabis dispensary Budway ordered to pay sandwich chain Subway $32,000 for trademark infringement

Jun 17, 2021 08:46 am UTC| Law Economy Business

A US Federal Court has ordered Vancouver cannabis dispensary Budway to pay US$32,000 for infringing on the trademark of sandwich chain Subway through its logo and mascot. The Budway logo looks strikingly similar to...

Coca-Cola's market value drops by $4 billion after Ronaldo snub

Jun 17, 2021 08:20 am UTC| Sports Economy Business

Coca-Colas market value dropped by $4 billion, from $242 billion to $238 billion after soccer superstar Cristiano Ronaldos gesture in a press conference of rejecting the carbonated drink in favor of water. The drop in...

Samsung Display workers may go on strike next week

Jun 17, 2021 08:05 am UTC| Business Economy

Samsung Display is being threatened with a strike that could happen next week. The company shared on Wednesday, June 16, that its labor union is planning to go on strike as the management and the workers failed to reach an...

Kia, Uber team up to supply electric vehicles in Europe

Jun 17, 2021 08:01 am UTC| Business Economy

Kia announced on Wednesday, June 16, that it has teamed up with Uber to bring electric vehicles to Europe. The South Korean automaker signed a strategic partnership deal with the San Francisco-headquartered ride-hailing...

KT tests 5G-powered autonomous cruise ship

Jun 17, 2021 07:05 am UTC| Business Economy

KT Corporation, the largest telecom company in South Korea, revealed that it is testing an autonomous cruise ship powered by the 5G technology. The test is about the large ship being controlled remotely, hundreds of...

eBay Korea acquisition: Shinsegae, Naver likey winners to buy the e-commerce platform for $3.9 billion

Jun 17, 2021 05:51 am UTC| Business Economy

eBay Korea was put up for sale earlier this year, and it failed to find a buyer at that time. In April, companies started to take an interest in its acquisition and have submitted their bids. Major companies have...

Hyundai Heavy successfully test-runs autonomous ship

Jun 16, 2021 15:29 pm UTC| Economy Business

Hyundai Heavy Industries Group (HHIH) successfully conducted a test run of a fully autonomous cruise ship, which navigated through the narrow 10-kilometer Pohang Canal. However, an HHIH official clarified that the...

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Economy

U.S. Futures Slip as Iran Rejects Ceasefire and Trump Deadline Looms

U.S. stock index futures edged lower Monday evening as investors remained on edge over escalating tensions in the Middle East, with President Donald Trumps deadline for Iran to reopen the Strait of Hormuz fast approaching...

Gold Prices Drop for Third Consecutive Session Amid Iran Tensions and Inflation Fears

Gold prices continued their downward trend in Asian trading on Tuesday, marking a third straight session of losses as markets grappled with mounting inflation concerns and escalating geopolitical tensions tied to U.S....

Global Markets Waver as U.S.-Iran War Deadline Looms and Oil Prices Surge

Global financial markets remained cautious on Tuesday as investors braced for a critical deadline in the ongoing U.S.-Israel war against Iran, which has sent oil prices soaring and renewed fears of stagflation across the...

US Dollar Dips as Iran Rejects Ceasefire Amid Rising Middle East Tensions

The US dollar edged lower on Monday as geopolitical uncertainty intensified after Iran rejected a Pakistan-brokered ceasefire proposal, pushing the US Dollar Index down marginally to 99.98. The euro remained flat due to...

India's Central Bank Holds Rates Amid Iran War Energy Shock

Indias Reserve Bank of India (RBI) is widely expected to maintain its benchmark repo rate at 5.25% this Wednesday, as policymakers carefully monitor the economic ripple effects of the ongoing Iran war. The conflict has...

Politics

Iran-Israel War Escalates as Trump's Ceasefire Deadline Looms

Tensions in the Middle East reached a critical flashpoint as Iran and Israel continued exchanging strikes, with Tehran firmly rejecting a U.S.-brokered ceasefire proposal just hours before a deadline issued by President...

Vance Visits Hungary to Back Orban Ahead of Pivotal 2025 Elections

U.S. Vice President JD Vance is traveling to Hungary this week in a show of political solidarity with Prime Minister Viktor Orban, who faces his most difficult re-election battle since coming to power in 2010. The two-day...

China's Push to Steal Taiwan's Chip Technology and Talent Raises Security Alarms

Taiwans National Security Bureau has raised serious concerns about Beijings escalating efforts to infiltrate the islands world-class semiconductor industry. According to a report submitted to Taiwanese lawmakers, China is...

UN Security Council Votes on Watered-Down Strait of Hormuz Resolution Amid China Opposition

The United Nations Security Council is set to vote Tuesday on a resolution aimed at protecting commercial shipping through the Strait of Hormuz, though the proposal has been significantly weakened following resistance from...

Trump Administration Terminates Title IX Agreements Protecting Transgender Students

The Trump administration has officially ended six resolution agreements that previously protected transgender students under Title IX, marking another significant step in the administrations ongoing effort to roll back...

Science

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

Technology

Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand

Samsung Electronics delivered a stunning financial turnaround in the first quarter of 2025, projecting operating profit of approximately 57.2 trillion won (roughly $38 billion) a more than eightfold increase compared to...

Apple's Foldable iPhone Faces Engineering Setbacks, Mass Production Timeline at Risk

Apples highly anticipated foldable iPhone is running into significant engineering hurdles during its test phase, raising concerns about potential delays in both mass production and product shipments, according to a report...

Britain Courts Anthropic Amid US Defense Department Dispute

The United Kingdom is actively working to attract Anthropic, the company behind the popular Claude AI app, to expand its footprint in the country. This diplomatic push comes as Anthropic finds itself in the middle of a...

OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO

OpenAI is navigating a significant leadership restructuring at one of the most pivotal moments in its history. The AI powerhouse confirmed that Chief Operating Officer Brad Lightcap is transitioning into a newly created...

Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions

Elon Musk is reportedly making Grok subscriptions a prerequisite for banks and advisers involved in SpaceXs highly anticipated initial public offering. According to the New York Times, citing insiders familiar with the...