science and technology

Kia sees near-term market challenges but sticks to 1.6 mln annual EV sales target by 2030

South Korean car maker Kia expects challenging market conditions in the near term due in part to governments' policies but will stick to its target of selling 1.6 million electric vehicles annually by 2030, a senior executive said.




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Thailand Set to Reap $2 Billion ‘Rainbow Tourism’ Boon With Same-Sex Marriage Law




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China's Zeekr to take control of sister brand Lynk, sources say

Chinese premium electric vehicle maker Zeekr plans to take control of Lynk & Co, a sister brand owned by Geely and Volvo Cars, two sources with direct knowledge of the matter said.




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Geely to Integrate Zeekr, Lynk&Co Brands to Streamline Costs




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Food aid interventions can curb climate change-induced hardship. But should they do more?

The United States foreign food aid program can be a big help when extreme weather fueled by climate change hammers communities




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Seven & i Receives $58B Management Buyout Offer




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Australia regulator to ramp up focus on protecting consumer savings




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Argentina wants regional trade pact with Japan: official

TOKYO -- Argentina would support an economic partnership agreement between the South American trade bloc Mercosur and Japan, an official at the Economy Ministry said, touting the South American country as an investment destination for energy and other industries. "Japan is one of the biggest…




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Yuan Funding Demand Rises on Bearish Bets, Intervention Fear




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Just Eat Takeaway sells Grubhub for $650 million, just 3 years after buying the app for $7.3 billion

Just Eat Takeaway sells Grubhub for $650 million, just 3 years after buying the app for $7.3 billion NEW YORK (AP) — European food delivery giant Just Eat Takeaway.com is selling Grubhub for $650 million, a fraction of the billions it spent to buy the U.S. platform just three years ago. Wonder…




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Exclusive-Ben & Jerry's says parent Unilever silenced it over Gaza stance

By Jessica DiNapoli NEW YORK (Reuters) - Ice cream brand Ben & Jerry's said in a lawsuit filed Wednesday that parent company Unilever has silenced its attempts to express support for Palestinian refugees, and threatened to dismantle its board and sue its members over the issue. The lawsuit is the…




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Exclusive-China's Zeekr to take control of sister brand Lynk, sources say

In This Article: HONG KONG/SHANGHAI (Reuters) - Chinese premium electric vehicle maker Zeekr plans to take control of Lynk & Co, a sister brand owned by Geely and Volvo Cars, two sources with direct knowledge of the matter said. The move is part of efforts by Geely Holding, which is the parent…




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Typhoon Usagi to Hit the Philippines, Latest in String of Storms




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French prosecutors demand Marine Le Pen be barred from office in fake jobs trial

If granted by the court, the ban would exclude the leader of National Rally from running in France's 2027 presidential election.




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Russia downs two drones over Kursk, Belgorod regions

Russian air defense systems shot down two Ukrainian unmanned aerial vehicles (UAVs) overnight on Thursday, TASS reported, citing the country's defense ministry. "One Ukrainian unmanned aeria...




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China's president will unveil a megaport in Peru, but locals say they're being left out

A remote fishing town on the edge of Peru’s coastal desert is the site for a $1.3 billion megaport majority-owned by the Chinese shipping giant Cosco




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VanEck launches exchange-traded Sui offering in Europe




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TSMC confirms 'unexploded ordnance' removed from wafer fab construction site

TSMC confirms 'unexploded ordnance' removed from wafer fab construction site Probably a relic of a Japanese WWII naval site TSMC has confirmed that workers were evacuated from one of its construction sites in Taiwan after discovery of an unexploded bomb. "Regarding the suspected unexploded…




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Russia Has High Inflation and a Shrinking GDP. How Ukraine Fits In




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Aussie law firm takes Woolworths, Coles to court over discount claims

Australian law firm Gerard Malouf & Partners on Thursday said it had filed class action lawsuits against the country's top two retailers, Woolworths and Coles , for allegedly encouraging misleading discount claims on everyday products.




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EUROPE No end in sight for Trump-fuelled trade

A look at the day ahead in European and global markets from Rae Wee




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Poland's Allegro sees earnings growing 4-7% at home in Q4




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Trump’s Department of Government Efficiency will ironically require two men to run it

The incoming Trump administration’s solution to government spending is a new Department of Government Efficiency led by co-department chiefs: the world’s richest man and Trump’s former political opponent. But while on the surface the plan to cut government spending seems simple, the “department,”…




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France furious as Azerbaijan leader accuses it of colonial ‘crimes’ at COP29

President Ilham Aliyev, who is hosting the COP29 UN climate talks, drew loud applause from delegates of some Pacific island nations after a combative speech targeting France's handling of its overseas territories.




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Scholz fields new European policy chief for upcoming summits

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Resolute Shares Suspended After Mali Demands $160 Million




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Lithium in Nascent Recovery, But Longer-Term Outlook Still Bleak




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Kansai Electric Shares Lead Drop in Sector on Planned Stock Sale




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Trump Whale Scores $85 Million Windfall on Election




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Aussie law firm takes Woolworths, Coles to court over dodgy discount claims

Australian law firm Gerard Malouf & Partners on Thursday said it had filed class action lawsuits against the country's top two retailers, Woolworths and Coles, for allegedly encouraging misleading discount claims on everyday products. The two supermarket giants are currently in court, sued by the…




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The founder-CEO of Xiaomi is taking a leaf out of Elon Musk's Tesla playbook, posting a picture of himself taking a nap on the factory floor

Xiaomi CEO Lei Jun said in an X post on Tuesday that the company had produced 100,000 Xiaomi SU7 electric vehicles in 230 days. Luna Lin/AFP via Getty Images Xiaomi CEO Lei Jun posted a photo of himself sleeping on the factory floor. Lei was celebrating an EV production milestone — 100,000 units…




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My Conversation with the excellent Neal Stephenson

Here is the audio, video, and transcript. Here is part of the episode summary: In Neal’s second appearance, Tyler asks him why he sometimes shifts from envisioning the future to illustrating the past, the rise of history autodidacts, the implications of leaked secrets from the atomic age to…




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Wounded Russian troops had their medical payouts cut back in one swift move from the Kremlin

Russian leader Vladimir Putin signed a decree on Wednesday limiting a $30,000 payout to injured soldiers based on the severity of their wounds. MIKHAIL METZEL/SPUTNIK/AFP via Getty Images Russia enacted a new decree on Wednesday that limits payouts for injured soldiers based on their…




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Israeli jets strike commercial district in southern Beirut

Israeli jets carried out strikes on the southern suburbs of Beirut on Thursday, after previously issuing evacuation orders for Lebanese civilians, Al Jazeera reported. The strikes hit the commercial ...




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No Politician Can Halt Wave of Climate Investment, Kerry Says




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S&D to block Fitto and Várhelyi, blaming Weber’s actions

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Taiwan Says TSMC’s US Investments Help with Trade Balance




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Germany instructs terminal to refuse Russian LNG shipment

The German Economy Ministry instructed the state-controlled Deutsche Energy Terminal to turn away any shipments of liquified natural gas (LNG) coming from Russia, the Financial Times reported on Thurs...




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Saudi Wealth Fund Ramps Up Stock Sales to Support Spending Plans

Saudi Arabia’s wealth fund sold part of its stake in the kingdom’s main mobile-phone operator for about $1 billion, the latest step in its efforts to raise cash for the government’s economic transformation plan. Most Read from Bloomberg The Public Investment Fund sold 100 million shares in Saudi…




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Asia shares wobble on China angst; long-end US bond yields rise with dollar




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The ASP of high-end AI chips from Nvidia and others is ~5x more than that of conventional memory chips, resulting in a winner-takes-all trend in the chip sector




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Swedish PM refuses ‘Trump-proofing’ talks with parties ahead of Trump call

“I don't understand what they mean. We have forums for this."




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Trump victory drives gold to near 2-month lows as investors pile into equities, cryptocurrencies

The recent slide — gold has declined in six of the seven sessions since Trump's victory — follows a series of record-breaking milestones for bullion over the past year.




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Theodore Olson (1940-2024)

I am deeply saddened by the passing of Theodore Olson. Ted, as he was known, was a giant in the conservative legal movement. Generations of law students will study his defeat in Morrison v. Olson, as well as his victories in Bush v. Gore and Citizens United. But Federalist Society members, in…




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How This Simple Tool Helped Jensen Huang Build Nvidia Into the King of AI




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EON Boosts Power-Grid Spending by 20% as Europe Electrifies




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Siemens Sees Data Center Boom Helping Offset Automation Slump




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Merck KGaA Beats Estimates on Boost From Life Science Unit




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Deutsche Telekom Earnings Boosted by Momentum in US and Germany




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Shell’s successful appeal will not end climate lawsuits against firms, say experts

Dutch appeal court ruled in favour of oil and gas company over judgment telling it to limit emissions A court ruling in favour of Shell does not spell the end of climate litigation against companies, legal experts have said. The oil and gas company celebrated on Tuesday when it won an appeal…