Ofcom, the UK's independent online safety watchdog, announced Monday it has opened a formal investigation into Elon Musk's social media platform X. The investigation will determine whether X has complied with its legal obligations to protect users in the UK from illegal content, including non-consensual intimate images and child sexual abuse material.
Toy maker Mattel, Inc. announced the launch of its first-ever autistic Barbie doll, developed in partnership with The Autistic Self Advocacy Network or ASAN, a non-profit disability rights organization run by and for autistic individuals. The new doll is now available on Mattel Shop and from major retailers. The new doll aims to provide more children the opportunity to see themselves represented
Elon Musk's artificial intelligence firm xAI announced that it has raised $20 billion in upsized Series E funding round, exceeding the $15 billion targeted round size, with backing from AI chip major Nvidia Corp. and Qatar. The company, which aims to rapidly accelerating its progress in building advanced AI, expects the financing to support infrastructure buildout, and to enable the rapid develop
Eurozone investor confidence improved to a six-month high in January, a survey conducted by the behavioral research institute Sentix showed on Monday. The Sentix investor confidence rose more-than-expected to -1.8 in January from -6.2 in December. The score was forecast to rise moderately to -5.1. The improvement was driven by expectations, which rose to 10.0 from 4.8.
Indonesia will on Monday release November numbers for retail sales, highlighting a light day for Asia-Pacific economic activity. In October, sales were up 4.3 percent on year. Australia will see December figures for job advertisements from ANZ Bank; in November, job ads were down 0.8 percent on month. Finally,...
The US decision to withdraw from the key global climate treaty is a blow to global climate cooperation, says UNFCCC Executive Secretary Simon Stiell. Responding to the U.S. decision to withdraw from UNFCCC, Stiell said, "The United States was instrumental in creating the UN Framework Convention on...
Russia says it attacked Ukraine with hypersonic Oreshnik ballistic missile, one of its most advanced weapons. The attack in Kyiv on Thursday night with the rarely-used intermediate-range ballistic missile killed four and injured 25 others, reports quoting authorities said. It is only the second time in the nearly four-year-old war that Russia has deployed the Oreshnik, which is equipped with six
Two decades after a shaky political transition, Iraq today is a country "at peace, with increased security and a clear determination to win the battle of development," says the UN resident coordinator for Iraq. At a news conference in New York Wednesday, Ghulam Isaczai spoke about the transition from the long-running UN Assistance Mission for Iraq (UNAMI), which ended its mandate in Decemb
After coming under pressure early in the session, stocks have regained some ground over the course of the trading day on Monday. The major averages have climbed well off their lows of the session but are currently all in negative territory. The Dow is down 108.34 points or 0.2 percent at 49,395.73,...
European stocks are turning in a mixed performance in cautious trading on Monday, amid concerns over rising tensions in the Middle East and the independence of the Federal Reserve. With some key economic data from Europe and the U.S. due this week, investors appear reluctant to make big moves.
Major stock markets in Asia closed on a positive note on Monday as a rally in Chinese AI stocks boosted sentiment.
A new ban enforced by the Advertising Standards Authority has started to limit junk food advertising in the UK to help reduce childhood obesity. Under the rules, junk food ads are not allowed on TV before 9pm and are completely banned online. The ban covers 13 types of foods that are high in fat,...
New research suggested that injecting colored ink into the skin through tattoos may cause health problems later in life, causing risks such as allergic reactions, especially during tattoo removal, and possibly a higher risk of cancer. Tattoo ink is made of many chemicals. It contains color pigments,...
Stocks moved mostly higher during trading on Monday, regaining ground following the slump seen during holiday-interrupted previous week. The major averages all moved to the upside, with the Dow reaching a new record closing high. The major averages finished the day off their highs of the session but...
Wegmans Food Markets has started using facial and voice recognition tech to keep an eye on customers at its two locations in New York City, as reported in the news.
AppYea, Inc. (APYP), Monday announced the appointment of Ben Harris as Chief Technology Officer. Prior to this, Harris served as the primary technical architect behind the development of the blockchain platform at Techlott. The company believes that the appointment to both the executive team and...
January 09, 2026 15:02 ET U.S. external trade data and labor market figures were in focus this week as the news flow gained momentum in the new year. In Europe, inflation data for the euro area was the highlight. The single-currency bloc expanded to 21 countries this year with Bulgaria adopting the currency on January 1. News flow in Asia was dominated by the survey data on the Chinese services industry.
Global market sentiment remains tethered to the latest jobs data from the U.S. which is expected to determine the course of the Fed's monetary easing in 2026.
President Donald Trump has signed a Presidential Memorandum directing the withdrawal of the United States from a key global climate treaty and 66 international organizations saying that they no longer serve American interests. They include the UN Framework Convention on Climate Change; the UN's Intergovernmental Panel on Climate Change (IPCC), an expert body that assesses climate science globally
A pair of long-term studies has found that the consumption of common food preservatives is linked to cancer and type 2 diabetes. The NutriNet-Santé study in France was conducted among more than 100,000 participants without prevalent cancer over a period of 14 years. Researchers found that six of the 17 preservatives consumed by the participants were linked to cancer. The suspected carcinogenic
A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. has improved by slightly more than expected in the month of January. The University of Michigan said its consumer sentiment index rose to 54.0 in January after climbing to 52.9 in December. Economists had expected the index to inch up to 53.5.
New residential construction in the U.S. saw a steep drop in the month of October, according to a report released by the Commerce Department on Friday. The report said housing starts plunged by 4.6 percent to an annual rate of 1.246 million in October after jumping by 1.2 percent to an annual rate of 1.306 million in September.
The Labor Department released a closely watched report on Friday showing employment in the U.S. increased by less than expected in the month of December. The report said non-farm payroll employment rose by 50,000 jobs in December after climbing by a downwardly revised 56,000 jobs in November. Economists had expected employment to rise by 60,000 jobs.
Germany's industrial production grew unexpectedly in November, while exports registered its biggest fall since May 2024, official data revealed on Friday. Industrial output climbed 0.8 percent month-on-month in November, Destatis reported. Although it was weaker than the 2.0 percent increase in October, the increase confounded economists' forecast of 0.6 percent fall.
A research conducted at the International Space Station has yielded early insights regarding the structure and size of particles best suited for the development of a cancer medicine. In collaboration with scientists at Merck, protein crystal growth research in space gave input regarding the structure and size of particles ideal for developing a new formulation of the company's cancer medicine pem
Kids in the U.K. will be protected from exposure to junk food advertising on TV and online as new regulations come into force to help tackle childhood obesity. From Monday, adverts for less healthy food and drinks will be banned on television before 9 pm, and online at all times. This action by the government is expected to remove up to 7.2 billion calories from children's diets each year, reduc
In a year-end analysis, World Health Organization claimed that amidst major funding cuts and increasing threats to science and solidarity, 2025 delivered significant victories for disease control and elimination across the globe. WHO noted that Maldives became the first country to achieve "triple...
OpenAI has introduced a new range of products designed for healthcare professionals and plans to begin rolling them out this Thursday at leading medical institutions, according to Axios.
John Ternus is a senior leader at Apple with long experience in building the company's products. He is the senior vice president of hardware engineering and has worked at Apple since 2001. Over the years, he has become known as a steady executive who pays close attention to details.
General Motors has announced that it will take a $7.1 billion hit in special charges for the fourth quarter of last year.
General Motors has announced that its fourth-quarter results will reflect around $7.1 billion charges, mainly related to its pullback from electric vehicles or EVs amid the changes in U.S. policies, as well as restructuring costs related to China joint venture. The company expects to record charges of around $6.0 billion primarily in GM North America or GMNA primarily due to changes in EV...
The Canadian market may open on a positive note Monday morning with rising precious metals prices triggering some strong buying in the materials sector. Energy stocks may be under pressure as oil prices fell.