Author: Press Room

SEOUL: Samsung Electronics’ unionised workers in South Korea voted to approve a tentative wage deal, the union said on Wednesday (May 27), averting a strike that threatened to rattle global chip supplies and damage the South Korean economy.Nearly 74 per cent of the 62,616 workers who cast ballots backed the deal, the union said.The approval came after a bitter five-month dispute over performance bonuses tied to the company’s booming AI chip business that has created a deep division among workers at the tech conglomerate.Labour and management had initially reached a tentative agreement last Wednesday following last-minute mediation by South Korea’s…

High-performance blockchain infrastructure is attracting significant capital inflows as the broader cryptocurrency market undergoes a selective altcoin rotation. While major assets experience consolidation, Near Protocol (NEAR) and Hyperliquid (HYPE) have logged substantial gains, highlighting a broader market trend toward networks that offer high throughput and technical utility.Simultaneously, Bitcoin Hyper ($HYPER), an emerging Layer 2 scaling solution designed to bring Solana-level execution speeds to the Bitcoin network, has surpassed the $32 million milestone in its ongoing presale. This capital allocation underscores growing investor demand for infrastructure projects that can scale established networks without compromising base-layer security.Near Protocol has registered a 13%…

Steam cracker units at the BASF Zhanjiang Verbund site in Zhanjiang, Guangdong province, China, on Thursday, March 26, 2026.Bloomberg | Bloomberg | Getty ImagesBEIJING — More European companies are maintaining or expanding their supply chains in mainland China to remain competitive globally, according to a survey released Wednesday by the European Union Chamber of Commerce in China.Nearly one-third of respondents said they were onshoring further in China, while 37% said they had not changed their supply chain strategy over the last two years, the report said.The survey was based on responses from nearly 300 members collected from January to February…

Son of former President Jair Bolsonaro is fighting to recover from a scandal that has rocked his presidential campaign.Published On 27 May 202627 May 2026Brazilian Senator Flavio Bolsonaro has shared a photo that appears to show him meeting with US President Donald Trump at the White House, as he seeks to bolster his image amid a scandal that threatens to derail his presidential campaign in Brazil.Bolsonaro shared a photo on Tuesday of him standing by Trump’s side in the Oval Office, with a caption showing the thumbs-up emoji.Recommended Stories list of 3 itemsend of listFlavio is the son of former…

NEWYou can now listen to Fox News articles! Trump-backed Republican Jon Bonck won the GOP runoff Tuesday for Texas’ 38th Congressional District, putting him on track to succeed Rep. Wesley Hunt in a solidly Republican Houston-area seat.Bonck defeated Shelly deZevallos, a pilot and president of the West Houston Airport, after finishing far ahead of the March primary field but falling just short of the majority needed to win the nomination outright.He led the first round with 47.7% of the vote, while deZevallos advanced to the runoff with 18.6%, according to Ballotpedia’s results from the early-March primary contest.TRUMP’S SHADOW LOOMS OVER…

NEWYou can now listen to Fox News articles! A man dubbed the “Tesla Road Rage Driver” was sentenced to seven years in prison in connection with a violent road rage attack in Hawaii.Nathaniel Radimak was sentenced Thursday in connection with a 2025 attack involving a mother and her 18-year-old daughter in Honolulu.Radimak, who has prior convictions tied to road rage attacks against motorists, acknowledged his actions during sentencing.”I take accountability. I just feel bad about it,” Radimak said, according to Hawaii News Now. “It shouldn’t have happened, but I really need a certain kind of treatment that is being prolonged…

Researchers at the University of Saskatchewan’s Vaccine and Infectious Disease Organization (VIDO) say they are in the early stages of preclinical testing a hantavirus vaccine, with several years needed for rollout. “Right now we’re in early pre-clinical trials, so going into animal experiments just to look at the immune response and to look at whether these can protect against infection and disease,” said Bryce Warner, principal scientist at VIDO.A hantavirus outbreak on a luxury cruise ship earlier this month thrust the virus into the spotlight recently, after three people died after contracting the virus.But researchers at VIDO have already been…

Micron Technology (MU) was in the spotlight on May 26 as a UBS-driven rally in its shares drove its market cap into the coveted trillion-dollar club.The unprecedented demand for Micron’s memory chips as hyperscalers continue to build artificial intelligence (AI) infrastructure has already seen MU gain a remarkable 185% this year.Yet, UBS analysts led by Timothy Arcuri believe Micron stock isn’t out of juice just yet.Reiterating a “buy” rating, Arcuri more than tripled his price objective on the Boise-headquartered firm this morning to $1,625, indicating potential upside of another 80% from here.Here’s why UBS is bullish on Micron stockAccording to…

new video loaded: How Cannes Is Grappling With ChangesReporting from the Cannes Film Festival, our film critic Alissa Wilkinson describes how the event is both fending off and embracing aspects of artificial intelligence.By Alissa Wilkinson and Edward VegaMay 26, 2026

There were 12 new categories this year at the American Music Awards, which were held on Memorial Day. For the second time at the awards show, BTS took home the night’s biggest prize.