Jul 24, 2021 06:00 am UTC| Economy
At the end of June 2021, 43 million borrowers or about 14% of all adults in the U.S. owed approximately US$1.59 trillion in outstanding federal student loans. Although in many cases the media has focused on borrowers...
How the rollout of South Africa's renewable energy plan is failing communities
Jul 24, 2021 05:56 am UTC| Economy
South Africas over-reliance on coal-fired power plants places the country among the worlds top carbon emitters and does huge damage to the health of its citizens. The country has also struggled to maintain a stable energy...
Why America has a debt ceiling: 5 questions answered
Jul 24, 2021 05:16 am UTC| Economy
Another big fight is brewing over the U.S. debt ceiling, which is a statutory limit on how much the government can borrow to pay its bills. In an interview, Senate Minority Leader Mitch McConnell said Republicans wont...
Toyota halts Thai plants due to COVID-19 induced parts supply crunch
Jul 23, 2021 23:56 pm UTC| Economy Business
Toyota Motor Corp suspended operations at all three Thai plants through next Wednesday due to a coronavirus outbreak-triggered shortage of parts. The companys three Thai plants, all located in Bangkok, have a combined...
Wavve to air Olympics to catch up with Netflix in S.Korea
Jul 23, 2021 23:53 pm UTC| Economy Sports
South Korean video streaming service Wavve is eyeing to boost its user base this summer by airing the Tokyo Olympics and catch up to market leader Netflix Inc. The Tokyo Olympics, which officially kick off Friday, may...
Crocs sues Walmart, 19 others for alleged trademark infringment
Jul 23, 2021 23:50 pm UTC| Economy Law
Crocs filed four trademark infringement lawsuits in several US district courts against about 20 companies, including Walmart and Hobby Lobby. In one of the lawsuits filed in Colorado, Crocs alleges that Walmart is...
Volkswagen cuts prices for latest SUVs to become accessible for S. Koreans
Jul 23, 2021 23:45 pm UTC| Economy Business
Volkswagen will lower the prices of its latest SUVs to become the most accessible and affordable premium brand among imported cars for South Korean customers. Volkswagen Koreas Managing Director Stefan Krapp, who dubbed...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects