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Thu, Apr 25, 2024 08:08 AM All times are UTC

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General Motors issues recall on Chevy Bold EVs citing fire risks

Dec 22, 2022 10:16 am UTC| Business Economy

General Motors is recalling about 140,000 units of its Chevrolet Bolt electric vehicles in North America. The automaker said the affected units need to be fixed as the installed carpet may catch fire following a...

Microsoft, Activision Blizzard deal facing new hurdle as gamers sue to stop merger

Dec 22, 2022 10:13 am UTC| Business Economy

Microsoft Corporation is trying to acquire Activision Blizzard video game company but the deal hit another roadblock after it was revealed that gamers have marched to a US court to file a lawsuit with the aim of stopping...

Wells Fargo to settle US illegal activity charges with $3.7B payout

Dec 22, 2022 08:00 am UTC| Business Economy

Wells Fargo, an American multinational financial services company headquartered in San Francisco, California, was charged by the consumer watchdog in the United States with various offenses that allegedly harmed customers....

포르쉐, 휘발유 대안 'e퓨얼' 생산한다...칠레 공장 정식 가동

Dec 22, 2022 07:50 am UTC| Economy

원본 기사 : Porsche starts e-fuel production, a gas alternative made from water 독일 고성능 스포츠카 제조업체 포르쉐가 e퓨얼(eFuel, 전자 연료) 생산에 들어간다. 포르쉐와 협력업체들은 휘발유 대체를 목표하는 기후...

Burger King, McDonald’s vie for upper hand in S. Korean breakfast market

Dec 21, 2022 23:06 pm UTC| Life Economy Business

Numerous hamburger chains, including Burger King and McDonalds, are jumping into the South Korean breakfast market with the increasing number of morning diners due to the loosening of pandemic restrictions. Burger Kings...

Stellantis confirms third Takata airbag death

Dec 21, 2022 23:04 pm UTC| Health Economy Business

Stellantis and the National Highway Traffic Safety Administration (NHTSA) have confirmed that an exploding Takata airbag inflator has killed another driver. Warnings have been made to stop driving the 274,000 Dodge...

Unilever claims it has resolved legal dispute with Ben & Jerry’s

Dec 21, 2022 23:04 pm UTC| Law Economy Business

Unilever announced that it has resolved its litigation with Ben Jerrys independent board over the sale of its Israeli ice cream business. However, Unilever has not detailed how the litigation was resolved. Ben ...

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Economy

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

What if the Reserve Bank itself has been feeding inflation? An economist explains

Heres something for the board of the Reserve Bank of Australia to ponder as it meets next month to set interest rates. It has pushed up rates on 13 occasions since it began its attempt to restrain inflation in May...

China’s new world order: looking for clues from Xi’s recent meetings with foreign leaders

There is broad consensus that Chinese foreign policy has become more assertive and more centralised in the decade since Xi Jinping has ascended to the top of Chinas leadership. This has also meant that Chinese foreign...

How India’s economy has fared under ten years of Narendra Modi

More than 960 million Indians will head to the polls in the worlds biggest election between April 19 and early June. The ruling Bharatiya Janata Party (BJP), which is led by Prime Minister Narendra Modi, is seeking a third...

EU enlargement: What does the future hold?

To widen or to deepen. This has been one of the longstanding dilemmas throughout European Union (EU) history, and a perennial sticking point in the unending process of European integration. In its time, the UK...

Politics

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

Joe Biden Proposes Record 44.6% Capital Gains Tax in Latest Budget Plan That May Favor Cryptocurrencies

President Joe Biden has proposed raising the capital gains tax to an unprecedented 44.6% in a bold fiscal move, targeting the wealthiest Americans. This hike is part of his 2025 budget proposal to reduce income...

Georgia is sliding towards autocracy after government moves to force through bill on ‘foreign agents’

Georgias ruling party attempted to pass a controversial bill on foreign agents in March 2023. The law would have required civil society groups and the media to register as being under foreign influence if they receive...

Opening statements are the most important part of a trial – as lawyers in Trump’s hush money case know well

Though Hollywood movies about courtroom dramas often glamorize the closing arguments given by lawyers, in reality the opening statement is likely the most important single event of a trial. Such was the case in the hush...

South Korean President Yoon faces foreign policy challenges after the National Assembly election

South Koreas parliamentary election of April 10, 2024, was widely seen as a referendum on President Yoon Suk Yeols first two years in office. That being the case, the nation collectively expressed its strong...

Science

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

If life exists on Jupiter’s moon Europa, scientists might soon be able to detect it

Europa is one of the largest of more than 90 moons in orbit around the planet Jupiter. It is also one of the best places to look for alien life. Often termed an ocean world by scientists, observations to date strongly...

Exploding stars are rare but emit torrents of radiation − if one happened close enough to Earth, it could threaten life on the planet

Stars like the Sun are remarkably constant. They vary in brightness by only 0.1% over years and decades, thanks to the fusion of hydrogen into helium that powers them. This process will keep the Sun shining steadily for...

Technology

Elon Musk vs Australia: global content take-down orders can harm the internet if adopted widely

Do Australian courts have the right to decide what foreign citizens, located overseas, view online on a foreign-owned platform? Anyone inclined to answer yes to this question should perhaps also ask themselves whether...

BlackRock Bitcoin ETF Sees Zero Inflows; SEC Delays Ether ETF Decision

BlackRocks Bitcoin ETF registered zero daily inflows for the first time since its inception. At the same time, the SEC delayed its decision on a major Ether ETF, highlighting uncertainty in the cryptocurrency...

Samourai Wallet Founders Arrested, Crypto Markets Tumble Amid Regulatory Heat

The cryptocurrency market dipped significantly after the U.S. Department of Justice arrested Samourai Wallets CEO and CTO, exacerbating volatility amid geopolitical tensions and the recent Bitcoin halving. Bitcoin and...

Post-Halving Surge: Standard Chartered Predicts Bitcoin to Hit $150K on Reduced Market Leverage

Geoff Kendrick, Standard Chartered Banks analyst and head of digital assets research, believes bitcoin (BTC) would likely trend upward following the halving due to lower leveraged market positions. In an interview with...

Tesla Cybertruck Hits 1,000-Unit Weekly Production Amid Q1 Financial Shortfalls

Tesla announced a milestone in Cybertruck production, achieving 1,000 units per week concurrently with reporting lower-than-expected financial results for Q1 2024. Despite missing revenue and earnings estimates, Teslas...