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Wed, May 15, 2024 03:08 AM All times are UTC

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Toyota may overhaul EV strategy to better compete with Tesla

Oct 25, 2022 23:32 pm UTC| Business Economy Nature

Toyota may overhaul its electric vehicle strategy to better compete in a booming market and has halted some work on existing EV projects. If the proposals are adopted, it would rewrite the $38 billion EV rollout plan...

BMW supplier European Lithium to merge with Sizzle SPAC

Oct 25, 2022 23:32 pm UTC| Business Economy Nature

European Lithium Ltd. agreed to merge with Sizzle Acquisition Corp., in a deal that could value the combined entity at more than $500 million. Australia-based European Lithium requested a trading halt pending...

Ford, Hyundai eye EV investments in Indonesia

Oct 25, 2022 23:32 pm UTC| Nature Economy Business

Ford Motor Co and Hyundai Motor Co are discussing with Indonesia how to establish operations related to electric vehicles there, according to Indonesia Coordinating Minister for Economic Affairs, Airlangga Hartarto, told...

Vancouver Canucks taps TD Bank as new home jersey patch partner

Oct 25, 2022 23:27 pm UTC| Sports Economy Business

The Vancouver Canucks have signed a multi-year deal to incorporate the Toronto-Dominion (TD) Bank logo into their home and practice jerseys. TD bank also secured an enhanced package of the Canucksteam sponsorship...

Burger King Israel serves Israeli-made vegan burgers, nuggets

Oct 25, 2022 23:24 pm UTC| Life Economy Business

Burger Kings Israel is serving plant-based Whopper and vegetarian chicken nuggets developed specifically for them by the Israeli startup, Meat. The End (MTE) starting this week at its Tel-Aviv pop-up branch. The startup...

Daewoo Shipbuilding adds smart ship solution to wind turbine installation vessel

Oct 25, 2022 23:19 pm UTC| Business Economy Technology

Daewoo Shipbuilding Marine Engineering Co. is building an eco-friendly wind turbine installation vessel (WTIV) that is equipped with smart ship features of Monacobaseded maritime player Eneti Inc. The two firms signed...

Fonterra to invest NZD 51 million to improve wastewater processing

Oct 25, 2022 23:15 pm UTC| Nature Economy Business

Dairy giant Fonterra will invest NZD 51 million to improve wastewater processing at its Te Awamutu site in the Waikato region of New Zealand. The wastewater upgrade is said to be key to Fonterras long-term...

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Economy

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Some experts say the US economy is on the up, but here’s why voters don’t think so

Many Americans are gloomy about the economy, despite some data saying it is improving. The Economist even took this discussion to TikTok. When its US editor John Prideaux examined inflation, wage and employment numbers,...

Electric air taxis are on the way – quiet eVTOLs may be flying passengers as early as 2025

Imagine a future with nearly silent air taxis flying above traffic jams and navigating between skyscrapers and suburban droneports. Transportation arrives at the touch of your smartphone and with minimal environmental...

Electricity from farm waste: how biogas could help Malawians with no power

In sub-Saharan Africa, over 600 million people (more than 50% of the population) are without access to electricity. Malawi has one of the worlds lowest electricity access rates just 14.1% of the total population have...

High interest rates aren’t going away anytime soon – a business economist explains why

The Federal Reserve held interest rates steady at its May 1, 2024, policy meeting, dashing the hopes of potential homebuyers and others who were hoping for a cut. Not only will rates remain at their current level a...

Politics

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

Taiwan is experiencing millions of cyberattacks every day

Taiwan stands out as a beacon of democracy, innovation and resilience in an increasingly autocratic region. But this is under growing threat. In recent years, China has used a variety of grey zone tactics to pressure...

What the Supreme Court is doing right in considering Trump’s immunity case

Following the nearly three-hour oral argument about presidential immunity in the Supreme Court on April 25, 2024, many commentators were aghast. The general theme, among legal and political experts alike, was a...

US student Gaza protests: five things that have been missed

Coverage of the recent student encampments at more than 50 universities across the United States has focused on confrontations between opposing groups of protesters or between protesters and police. The spectacle of...

Will Solomon Islands’ new leader stay close to China?

Former foreign minister Jeremiah Manele has been elected the next prime minister of Solomon Islands, defeating the opposition leader, Matthew Wale, in a vote in parliament. The result is a mixed bag for former prime...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

GPT-4o Isn't Going to Kill Teaching or Customer Service, Experts Say

On May 13, OpenAI unveiled GPT-4o, showcasing its advanced speech and emotion detection, stirring debates on AIs impact on jobs. OpenAIs GPT-4o Uses Real-Time Cameras, Raising Concerns About Job Security in Various...

Joe Biden Hikes Tariffs on Chinese EVs, Solar Cells, Steel, Aluminum, and Snipes at Donald Trump

On May 14, President Joe Biden announced new tariffs on Chinese EVs, solar cells, and steel, intensifying U.S.-China trade tensions and taking a jab at Donald Trump. Biden Criticizes Chinese Government Subsidies,...

Pepe Coin Reaches New ATH as Smart Money Moves 250.5B PEPE Tokens

Pepe currency has emerged as one of the most promising cryptocurrencies in the meme coin industry this year, recently reaching a new all-time high. Despite the turmoil in the broader crypto market, the coin has defied...

Analysts Predict Bitcoin (BTC) Surge to $70K Soon, Here’s Why

Despite a rise beyond $63,000 on May 13, Bitcoins price has fallen to $61,500 today (May 14). One cause for the drop could be Coinbases operating troubles. System Outage on US-Based Exchange Repairs, Analysts Predict...

1.5 Trillion Shiba Inu (SHIB) Transacted in 24 Hours: Is a Comeback Imminent?

Shiba Inu has seen 1.5 trillion SHIB tokens move in huge deals over the previous 24 hours. These whale-tier transactions take place during a significant volume rise in the market over the last 48 hours. Shiba Inu may...