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Global Business News

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Global Business / The Economic Times

90 million years ago, Antarctica had a temperate forest just 900 kilometers from the South Pole despite months of darkness. 90 million years later, scientists found its roots, pollen and spores preserved in seafloor sediment beneath today's frozen continent

Ancient West Antarctica hosted a temperate rainforest approximately ninety million years ago. Fossil roots and pollen indicate dense vegetation grew near the South Pole. This forest experienced months of darkness annually, unlike modern rainforests. Scientists reconstructed a warm climate with high carbon dioxide levels.

14 Aug 2026 2:47 am
In 2019, an international team began monitoring Greenland's Petermann Glacier's floating ice tongue from space. 7 years later, 76.4 sq km broke away, creating a Manhattan-sized ice island, while two more could reduce the tongue by 254 sq km

Greenland's Petermann Glacier lost a large iceberg, its biggest since 2012. Scientists have monitored this glacier's floating ice tongue for seven years. Two more large ice islands are expected to break away soon. This calving event offers a rare chance to study Arctic ice formations. The detached ice mass could also create hazards for shipping operations.

14 Aug 2026 2:12 am
In 2017, Lancet scientists forecast life expectancy across 35 industrialized countries using 21 statistical models. 13 years later, South Korean women are projected to average about 90.8 years, potentially setting a historic human longevity record

South Korean women are projected to surpass ninety years of life expectancy by 2030. This milestone is driven by widespread healthcare access and improved cardiovascular health. Decades of consistent, cumulative improvements have led to this remarkable demographic shift. These factors have created an environment where maintaining health is the easiest option. This demonstrates that longevity is a systems issue, not solely individual discipline.

14 Aug 2026 1:46 am
Social Security Payment alert: Social Security Administration updates key list, major points you need to know

Social Security payments play an important role in the financial lives of millions of Americans, providing a source of income for retirees, disabled workers and eligible family members.

14 Aug 2026 1:45 am
In 2023, Wyoming proposed a 972-megawatt renewable-energy battery beneath its mountains, with water pumped to a reservoir 1,000 feet higher. 3 years later, the project reached final federal environmental review, bringing the giant water battery closer

Wyoming is proposing a 972-megawatt pumped-storage energy project at Seminoe Reservoir that would use water as a giant rechargeable battery. The plan calls for a new reservoir about 1,000 feet above the existing basin, connected by underground tunnels to a powerhouse inside the surrounding granite.

14 Aug 2026 12:55 am
A decade after his fateful fight with Terrel Williams, former boxer Prichard Coln dies at 33

Former boxer Prichard Coln has died at age thirty-three after a long battle. He sustained severe brain injuries during a 2015 boxing match which tragically ended his career. His injury led to significant safety reforms and a new rule named in his honor. Coln's resilience and family's dedication were widely recognized by the boxing community. He is remembered as a warrior whose spirit inspired many.

14 Aug 2026 12:46 am
Japanese proverb of the day: 'Thirty-six plans of how to win the battle are not so good as one plan to...' - this inspirational Japanese saying teaches life lessons on strategy, knowing when to quit, hidden strength in stepping back and why not every battle is worth fighting

Japanese proverb of the day: A Japanese saying highlights the wisdom of knowing when to step back from conflict. It suggests that withdrawing strategically can protect valuable time and energy. Persistence is important, but continuing a losing battle can worsen the situation. Good judgment involves recognizing which efforts are truly worthwhile.

14 Aug 2026 12:42 am
Quote of the Day by the Dalai Lama: Happiness is not something ready-made. It comes from... Inspiring life lessons on happiness, positivity, self-growth, gratitude, mindfulness, and inner peace and why taking small daily actions may be the real key to building a happier, more meaningful life

Quote of the Day by the Dalai Lama: Happiness is not something ready-made. It comes from your own actions. The thought offers a simple but demanding view of happiness. It suggests that lasting happiness is not something we simply discover after getting the right job, money, relationship or recognition.

14 Aug 2026 12:40 am
HBO originally approached this top actor to play the role of Joel in The Last of Us

Matthew McConaughey has officially passed on the opportunity to portray Joel Miller in HBO's adaptation of The Last of Us. Known for his iconic role in True Detective, which earned him an Emmy nomination, McConaughey shared that the romantic comedy How to Lose a Guy in 10 Days, released in 2003, surprisingly continues to be a source of income, illustrating his transition from rom-coms to gripping dramatic roles.

14 Aug 2026 12:36 am
In 2008, Danish scientists followed strange white trails behind offshore wind turbines to understand what caused them. 18 years later, the research showed that blade-driven air mixing can contribute to shallow fog formation in winter

Offshore wind turbines can stir air layers, influencing fog formation and clearing. Specific winter conditions at Danish wind farms showed turbines creating and dispersing fog. These atmospheric mixers' effects depend on various environmental factors. Shipping authorities are examining potential hazards and improving vessel safety measures. Expanding wind farms require better understanding of local microclimates for safe navigation.

14 Aug 2026 12:19 am
Quote of the Day by David Cassidy: All I had done for five years was Inspiring lessons on work-life balance, pressure, stress, mental health and why you should know when to slow down by the American actor known for his powerful performances and deep insights on career and healthy boundaries

Quote of the Day by David Cassidy: David Cassidys quote, All I had done for five years was work 18 hours a day all over the world. I needed to step back and distance myself from it, explores the importance of balance, rest, self-awareness, and knowing when to step away from a demanding lifestyle. The quote suggests that constant work and pressure can become overwhelming, making it important to create space for reflection, personal well-being, and a healthier perspective on life.

14 Aug 2026 12:16 am
Passenger train derails and 11 people injured after carriages overturn in southern England

A passenger train derailed in southern England, injuring eleven people. Three carriages overturned on the Southern Rail service from London to Eastbourne. Passengers described the train rocking violently before it jumped and brakes engaged. Aerial footage showed emergency services treating injured individuals in a field. The cause of the derailment is currently under investigation by authorities.

14 Aug 2026 12:14 am
Selena Gomez accused of fraud, sued by investors over collapse of mental health startup 'Wondermind'

Investors have filed a lawsuit against Selena Gomez and Wondermind co-founders. They allege misrepresentation of the mental health startup's prospects and unmet promises. The company was presented as focused on mental fitness and developing new products. Investors claim the promised app was never developed and financial problems were hidden. They seek to recover the millions of dollars they invested in the venture.

14 Aug 2026 12:12 am
IRS announces new rules Trump Accounts for contribution towards employees dependent children. All you need to know

Employers can now contribute $2,500 each year to Trump Accounts designed for children's savings. Alongside this, employees have the option to make pre-tax payroll contributions to these accounts. Known as Invest America accounts, the initiative seeks to boost awareness and encourage responsible savings for the future. Additionally, Michael Dell's foundation has pledged a whopping $6.25 billion to enhance savings programs for children across the U.S.

14 Aug 2026 12:06 am
The female breadwinner era is here: Why millions more women are working while younger men are quietly leaving the labor force

US women now hold more jobs than men, a significant economic shift. This trend is driven by long-term structural forces, not a recession. Fewer men are entering the workforce, with some relying on family support. Fastest-growing jobs are in female-dominated sectors like healthcare and social assistance. Educational pathways also increasingly favor women for these growing professions.

13 Aug 2026 11:50 pm
Quote of the day by Ashanti: 'When I'm not performing? I'm looking for the...' - motivational quote by singer of Foolish, Only U and Happy teaches life lessons on ambition, staying driven after success, why reaching your goal shouldnt be the end and why you shouldn't stop looking for opportunities

Quote of the day by Ashanti: Singer Ashanti emphasizes always seeking new opportunities beyond current achievements. Her career includes hit songs like Foolish and successful acting roles. Ashanti's debut album achieved triple platinum status in the United States. She cites Ella Fitzgerald and Whitney Houston as key musical influences.

13 Aug 2026 11:37 pm
International Left-Handers Day 2026: History, significance and why August 13 is celebrated

Every year on August 13, International Left-Handers Day shines a spotlight on the unique experiences and hurdles faced by left-handed individuals. This day serves to remind society of the right-handed bias in design and encourages a more inclusive perspective. Left-handers take pride in celebrating this day as they embrace their identity and accomplishments, fostering a greater appreciation for their lived experiences.

13 Aug 2026 11:33 pm
Japanese proverb of the day: Even a small fire should be extinguished quickly Powerful life lessons on emotional control, patience, wisdom, resilience, relationships, and why ignoring tiny problems today can turn resentment, conflict, bad habits, and mistakes into fires far harder to put out tomorrow

Japanese proverb of the day: Even a small fire should be extinguished quickly. It carries a warning many of us learn too late. Small arguments can become deep resentment. Tiny bad habits can grow into serious problems. This timeless Japanese wisdom is about emotional control, patience, self-discipline and acting earlybefore a manageable problem becomes a fire that is much harder to stop.

13 Aug 2026 11:31 pm
In 1859, the Carrington storm caused spectacular auroras and electrical disturbances in telegraph networks as far south as Cuba. 167 years later, a repeat could cripple key infrastructure while leaving some electronic devices surprisingly unaffected

The Carrington storm of 1859 highlighted our planet's susceptibility to solar flares. If a similar phenomenon occurred today, it could cause major disruptions in power grids and satellite operations. While contemporary systems may not experience total electronic failure, they could face selective issues. Adequate warning systems can prepare us for such eventualities. Thus, understanding and prepping our electrical infrastructure is essential for enhancing resilience.

13 Aug 2026 11:31 pm
Poland says it thwarted a Russian plot to kill an American citizen in Warsaw

Poland has thwarted a Russian plot to assassinate a Ukrainian American citizen in Warsaw. This incident marks the first time Moscow has been accused of targeting a U.S. citizen on NATO soil. Polish authorities detained a suspect allegedly recruited by Russian secret services on August seventh. The operation was conducted in cooperation with American intelligence services, which have warned of increased Russian activity.

13 Aug 2026 11:28 pm
In 1818, British prisons adopted William Cubitt's treadmill as a tool of hard labor. 208 years later, the machine is a fitness staple, but its modern medical and exercise history evolved separately from the original punishment device

The treadmill has an unsettling place in the history of exercise: its story includes Victorian prisons, forced labor, physiological research and modern cardiac medicine. In the early 19th century, engineer William Cubitt adapted an older treadwheel into a machine that required prisoners to climb continuously, sometimes generating useful power and sometimes simply increasing exhaustion.

13 Aug 2026 11:23 pm
US power outages are rising, but homeowners may not need a huge generator to keep the AC, refrigerator and essentials running

As power outages become a growing concern across the US, homeowners are looking for reliable ways to keep essential appliances running during blackouts. A massive generator may not always be necessary. By focusing on essentials such as air conditioning, refrigerators, lights and phones, households can choose a smaller and potentially more affordable backup power solution.

13 Aug 2026 11:17 pm
Instagram refreshes its wordmark, nearly a decade after last redesign

Instagram has updated its wordmark, replacing the decade-old text-based logo. The new design features a sharper and more modern typeface with flowing, curved forms. This visual change has elicited mixed reactions from users across social media platforms. The refresh focuses solely on the wordmark, not the app's iconic gradient icon. Instagram's last major visual overhaul occurred nearly ten years ago in 2016.

13 Aug 2026 11:16 pm
Several homes catch fire in central England, Sky News footage shows

Firefighters battled a large grass fire near a golf course in Stourbridge. Several homes were on fire as the blaze spread close to properties. Around sixty firefighters worked to control the significant incident on Thursday. Aerial footage showed at least three houses engulfed in flames. There was no immediate information regarding injuries or the full extent of damage.

13 Aug 2026 10:50 pm
Cars were once a New Terror of Locomotion in America, and almost anyone could drive one. Then Drivers Licenses arrived, but tests were still not required

In the early days of automobiles, there were virtually no regulations governing their use, prompting the eventual requirement for driver's licenses. Massachusetts and Missouri took the lead in 1903, mandating licenses without any testing. Over time, these licenses transformed into secure IDs featuring photographs and intricate security elements. Today, digital licenses are available, with some states even offering online testing.

13 Aug 2026 10:50 pm
Life Lesson of the Day: Even a hut feels like paradise when youre with your loved one Russian proverb offers a timeless reminder about love, happiness and finding joy in lifes simplest moments

Life Lesson of the Day: The Life Lesson of the Day comes from the Russian proverb Even a hut feels like paradise when youre with your loved one, offering a timeless reminder that true happiness is not always found in wealth, luxury or material comforts. The saying celebrates love, companionship and the simple moments that can make an ordinary life feel extraordinary.

13 Aug 2026 10:48 pm
Quote of the Day by Robert Pattinson: When you love someone, you want that person to know Inspiring lessons on appreciation, caring, trust, communication and why you should make the people you love feel valued by the actor known for his powerful performances and deep insights on relationships and human nature

Quote of the Day by Robert Pattinson: Robert Pattinsons quote, When you love someone, you want that person to know that shes your everything, explores the importance of love, emotional devotion, appreciation, and expressing deep feelings in relationships. The quote suggests that when someone truly loves another person, they want their partner to understand how deeply valued and important they are, rather than leaving those feelings unspoken or uncertain.

13 Aug 2026 10:41 pm
Not every decision will be right but: Blanches bold message in first speech as attorney general

Not every decision will be right but: Blanches bold message in first speech as attorney general

13 Aug 2026 10:38 pm
Svalbard polar bear woken by foghorn, triggering fine worth thousands of dollars for wildlife disturbance

A visitor in Svalbard received a substantial fine for using a foghorn to wake a polar bear. This action unnecessarily disturbed protected wildlife in the fragile Arctic environment. Polar bears have been protected species in Svalbard since 1972, with strict rules in place. Regulations prohibit unnecessary disturbance, attraction, or pursuit of these animals. The fine serves as a reminder of the consequences for interfering with Arctic wildlife.

13 Aug 2026 10:36 pm
In 2009, Monterey Bay scientists used live underwater footage to expose a surprising secret of a deep-sea fish. 13 years later, their ROVs had logged 5,600 dives, helping reveal why the ocean's strangest creatures can look radically different after collection

Deep Pacific creatures exhibit unique survival strategies in perpetual darkness. Some animals produce their own light, while others possess transparent bodies. Live observations revealed barreleye fish's transparent head and rotating eyes. Preserved specimens often provide an incomplete and altered view of these animals. Thousands of dives continue to uncover the ocean's vast and mysterious undiscovered species.

13 Aug 2026 10:31 pm
Quote of the day by Sofa Vergara: Never take 'no' personally. Sometimes people tell you 'no' for a... Inspiring life lessons on resilience, confidence, courage, perseverance, self-belief and emotional strength, and why rejection should never stop you from moving forward by the Colombian-American actress known for her remarkable rise to fame

Quote of the day by Sofa Vergara: Sofa Vergaras quote, Never take no personally. Sometimes people tell you no for a reason that has nothing to do with you. You must keep going, offer a timeless lesson about resilience, confidence and emotional strength. It is a lesson in self-belief. The Colombian-American actress knows what it means to keep moving forward. Her remarkable journey proves that one rejection should never stop you from chasing your goals, dreams, and success.

13 Aug 2026 10:30 pm
Britain and France swelter again as western Europe is hit by another heat wave

Britain recorded its hottest day of the year with temperatures reaching 38.1 degrees Celsius. Western Europe is experiencing its fifth heatwave of an exceptional summer season. Both Britain and France are ill-equipped to handle these extreme heat levels. Widespread drought conditions are spreading, shriveling crops and draining rivers. Authorities remain on high alert for wildfires as land remains parched.

13 Aug 2026 10:28 pm
Scientists uncover an impossible giant 'Red Dot' in deep spaceand what's inside is terrifying

Astronomers found an unusual object, MoM-BH*-1, in the early cosmos. This object is believed to be the universe's first identified 'black hole star'. It is a massive black hole within a dense hydrogen gas blanket. This discovery may resolve the 'Little Red Dots' enigma observed by JWST. The finding offers a missing link in how supermassive black holes grew quickly.

13 Aug 2026 10:14 pm
Trump White House says it's losing $19B-$26B a year in revenue as countries dodge tariffs

A new US report claims countries route exports through third nations to avoid tariffs. This practice, known as transshipping, costs the United States billions in lost tax revenue annually. China is specifically named as a country utilizing this method to circumvent import taxes. The Trump administration is implementing new measures and artificial intelligence to combat this trade evasion.

13 Aug 2026 10:14 pm
Leicester's Thai owners put troubled club up for sale: reports

Leicester City's Thai owners, King Power, have reportedly placed the club up for sale. This comes after successive relegations from the Premier League and Championship. The club was also docked six points for financial rule breaches last season. A US investment bank is assisting in finding a buyer for the club. The Foxes begin their League One campaign this Saturday.

13 Aug 2026 10:00 pm
Hogwarts Legacy 2 confirmed by Warner Bros. Here's all we know about the sequel

Warner Bros. officially announced that a sequel to Hogwarts Legacy is currently in the works. The first installment achieved remarkable success, selling over forty million copies globally. Anticipation is high for this new chapter, which is expected to enhance the company's profit outlook significantly. While fans eagerly await updates on gameplay and release schedules, a fresh television adaptation of the franchise is also being undertaken.

13 Aug 2026 9:59 pm
'This was my World Cup' says Somali ref after UEFA Super Cup

Somali referee Omar Artan officiated the UEFA Super Cup after missing the World Cup. He was denied entry to the United States due to alleged terrorist ties. UEFA offered him the Super Cup match after the Miami incident. Artan expressed gratitude to UEFA and the Confederation of African Football. This appointment also signifies a political gesture by UEFA towards FIFA.

13 Aug 2026 9:57 pm
US can keep naval blockade on Iranian ports indefinitely, Pentagon chief says

US Defense Secretary Pete Hegseth stated the Navy can maintain an indefinite blockade of Iran. Ships will be rotated in and out of the region as needed for sustained pressure. President Donald Trump asserted complete control over the Strait of Hormuz. The US Navy has redirected over fifty commercial vessels attempting to breach the blockade. Military forces have also disabled and boarded several ships during operations.

13 Aug 2026 9:54 pm
Israel sends troops into West Bank homes besieged by Jewish settlers

Israeli troops occupied Palestinian homes in Qusra village on Thursday. Settlers had trapped Palestinian families in a siege since the weekend. The United Nations reported some fifteen Palestinians were trapped without water or electricity. The Israeli military stated soldiers were deployed to protect residents and maintain security. The U.S. Ambassador called the settlers Israeli terrorists and their actions criminal.

13 Aug 2026 9:52 pm
An explosion strikes an ammunition plant near Rome; no injuries reported

An explosion struck an ammunition manufacturing plant in Colleferro near Rome on Thursday. Local authorities confirmed the incident at the former Simmel Difesa facility, now KNDS Ammo Italy. Initial reports indicated no injuries and all workers were safe following the blast. The explosion may have originated in the plant's powder-pressing department. Emergency crews responded to the site as the fire continued to burn.

13 Aug 2026 9:49 pm
Bangladesh orders malls and markets to shut by 8 pm as it faces 12-hour power cuts

Bangladesh has enforced earlier closing times for businesses to save electricity. Severe gas shortages are significantly impacting the nation's power generation capacity. Load-shedding now extends for up to twelve hours daily across several regions. Global energy market volatility, including the Iran crisis, exacerbates import challenges. The country faces a persistent gap between its energy demand and available supply.

13 Aug 2026 9:49 pm
Quote of the Day by Cher: If you really want something you can Inspiring lessons on determination, resilience, persistence, motivation and why you should never give up on what matters to you by the American singer known for her powerful performances and deep insights on human nature and lifes challenges

Quote of the Day by Cher: Chers quote, If you really want something you can figure out how to make it happen, explores the importance of determination, ambition, and persistence in achieving personal goals. The quote suggests that when a person genuinely wants something, they can look for solutions, overcome obstacles, and find ways to turn their dreams into reality rather than allowing difficulties or setbacks to stop them.

13 Aug 2026 9:47 pm
Quote of the day by Lewis Carroll: 'While the laughter of joy is in full harmony with our deeper life, the laughter of...' - inspiring quote by Through the Looking-Glass author teaches life lessons on laughter, joy, knowing when to joke and why some things should be taken seriously

Quote of the day by Lewis Carroll: Lewis Carroll's quote distinguishes genuine joy from mere amusement. He believed true happiness aligns with life's deeper aspects. Constant mockery can diminish the importance of serious matters. Finding a balance between humor and seriousness is a key life lesson.

13 Aug 2026 9:46 pm