Nike, Adidas agree to settle infringement lawsuit over Flyknit shoe technology
Aug 22, 2022 09:59 am UTC| Business Economy
Nike Inc. and Adidas AG have entered into a settlement agreement related to their infringement lawsuit for the formers Flyknit shoe technology. The world-famous footwear brands resolved their legal battle months since the...
Hyundai Mobis unveils built-in sterilization system that sterilizes and purifies air in cars
Aug 22, 2022 09:29 am UTC| Business Economy
Hyundai Mobis has developed something that can be considered a necessity today. It has unveiled its new technology that can purify and sterilize the air in vehicles. As per Aju Business Daily, Hyundai Mobis created this...
Samsung to build semiconductor R&D facility as Lee Jae Yong starts activities after pardon
Aug 22, 2022 09:22 am UTC| Business Economy
Samsung Electronics Co. is investing KRW20 trillion, or around $15.1 billion, to build its research and development facility for semiconductor products. The company is said to have a goal of catching up with Taiwanese...
Wendy's linked to E.coli outbreak in four US states
Aug 22, 2022 08:43 am UTC| Business Economy
Wendys restaurants are being probed by the U.S. Centers for Disease Control and Prevention (CDC) for the E.coli outbreak in the United States. It was reported that at least 37 customers have fallen ill after consuming...
Rivian discards its lowest-priced option for R1T and R1S electric vehicle models
Aug 22, 2022 08:18 am UTC| Business Economy
Rivian, an American electric vehicle carmaker and automotive technology firm headquartered in Irvine, California, has discontinued its cheapest package option for its electric pickup truck and sports utility vehicle (SUV)....
Beyond GDP: changing how we measure progress is key to tackling a world in crisis
Aug 21, 2022 17:36 pm UTC| Economy
Its an odd quirk of history that, on the first day of his ill-fated presidential campaign in March 1968, Robert F Kennedy chose to talk to his audience about the limitations of gross domestic product* (GDP) the worlds...
An economist explains: What you need to know about inflation
Aug 21, 2022 17:35 pm UTC| Economy
Inflation is one of the most pressing political and economic issues of the moment, but there are many misconceptions about how inflation is measured, where it comes from and how it impacts the average person. In June,...
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