LG Innotek, Tesla sign a $746M deal for supply of camera modules
Aug 29, 2022 08:09 am UTC| Business Economy
LG Innotek Co., the electronic materials and component manufacturing arm of the LG Group, has struck a deal with Elon Musks Tesla company for the supply of camera modules. Sources said that the deal is worth $746 million...
Krispy Kreme launches special Artemis Moon doughnut to honor NASA’s unmanned mission
Aug 29, 2022 07:49 am UTC| Business Economy
Krispy Kreme is releasing a special doughnut on Monday, Aug. 29, to honor NASAs rocket launch to the moon. The treat has been named after the Artemis 1 mission project, and it is called the Artemis Moon doughnut. Krispy...
Moderna sues Pfizer and BioNTech for patent infringement over mRNA COVID-19 vaccines
Aug 29, 2022 07:47 am UTC| Business Economy
Moderna has filed a lawsuit against Pfizer and BionNTech over its mRNA technology that was used to produce COVID-19 vaccines. The American pharmaceutical and biotechnology company based in Cambridge, Massachusetts, is...
Foreign banks are absent in Nigeria. We tracked down why
Aug 29, 2022 06:47 am UTC| Economy Business
Privately owned Nigerian banks hold 94% of Nigerian banking assets. Only one other country in the world Israel has a higher share of ownership by local banks. The share of banking assets is the most reliable way to...
Will the UK experience blackouts? Three scenarios for this coming winter
Aug 29, 2022 06:46 am UTC| Insights & Views Economy Life
The UK could experience its first large scale blackout in decades this winter, if gas shortages combine with particularly cold weather. Thats according to the governments reasonable worst case scenario, a warning which was...
A £15 national minimum wage won't tackle the cost of living crisis — an economist explains why
Aug 29, 2022 06:45 am UTC| Insights & Views Economy
Since it was introduced 23 years ago, the national minimum wage has raised the incomes of millions of Britons and reduced inequality. Everyone loves it. For Labour politicians its a tool to reduce inequality, while for...
Researchers from S. Korea's Wonkwang University develop insect-based meat-flavored seasoning
Aug 28, 2022 23:59 pm UTC| Life Science Economy Business
South Korean researchers from Wonkwang University have developed a new process that uses edible insects to create meat-flavored seasoning. The research team came up with 98 volatile compounds with varying amounts of...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects