SEOUL: South Korea is poised to implement regulations governing cross-border transactions of virtual assets, including cryptocurrencies. The finance ministry announced that new registration and reporting requirements will take effect in the second half of 2025.
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LONGMONT, Colorado: In response to a recent E. coli outbreak linked to McDonald's, several fast food chains are temporarily removing fresh onions from their menus. The outbreak has reportedly affected 49 individuals and resulted in one fatality.
Restaurant Brands International,...
Supernal, a division of Hyundai Motor, has announced strategic partnerships aimed at enhancing its air taxi infrastructure as it prepares to launch its innovative five-seat, battery-powered electric vertical take-off and landing (eVTOL) aircraft by 2028. This exciting development is...
In a significant move, the European Commission has issued a request for information (RFI) to the online shopping platform Temu, urging the company to detail its actions to combat the sale of illegal products on its site. This request...
Japan's inflation-adjusted wages experienced a decline in August, following two months of increases during the summer bonus season, according to recent government data. This drop in real wages could affect the Bank of Japan's plans to raise interest rates...
In a significant move to enhance economic growth, Britain has announced the establishment of a new Regulatory Innovation Office (RIO). This initiative aims to expedite the approval process for emerging technologies, including artificial intelligence, within critical sectors such as...
Two prominent Democratic lawmakers are calling out major food and beverage companies for allegedly engaging in "shrinkflation," a practice where product sizes are reduced while prices remain the same or increase. Senators Elizabeth Warren and Representative Madeline Dean have...
Europe's Hera asteroid probe successfully launched from Florida on a SpaceX Falcon 9 rocket, embarking on a two-year mission to study the asteroid Dimorphos. This mission follows the historic collision of NASA's DART spacecraft with Dimorphos in 2022, marking...
Saudi Arabia's Public Investment Fund (PIF) is reportedly looking into acquiring a minority stake in the sports streaming platform DAZN, with potential bids hovering around $1 billion. This move could significantly bolster PIF’s foothold in the European football landscape,...
In light of robust employment figures, strategists are cautioning against additional large interest rate cuts by the Federal Reserve. Recent nonfarm payroll data revealed that the U.S. economy added 254,000 jobs in September, significantly surpassing economists' expectations of 150,000....
