Jack Ma to step down and hand over control of Ant Group: Report
Jul 29, 2022 07:49 am UTC| Business Economy
Jack Ma, the Chinese business magnate, investor and philanthropist, is reportedly planning to give up his control of Ant Group. This plan is said to be under consideration for a long time now as it is one way to reduce...
Southwest Airlines cancels expiration dates for its flight credits
Jul 29, 2022 07:43 am UTC| Business Economy
Southwest Airlines announced on Thursday, July 28, that flight credits of its customers would no longer have an expiration date. The worlds largest low-cost carrier headquartered in Dallas, Texas, has scrapped the expiry...
Wemade game publisher reveals ₩31.6B loss in Q2
Jul 29, 2022 07:15 am UTC| Business Economy
Wemade, a South Korean video game developer headquartered in Seongnam, revealed it incurred a hefty ₩31.6 billion loss or $24 million in the second quarter of this year. The creator of the Legend of Mir massively...
Nestle Toll House brings back two fall-inspired cookies in August
Jul 29, 2022 04:09 am UTC| Business Life Economy
Nestle Toll House announced the return of Pumpkin Spice and Ghouls Mix Sugar Cookie Dough, two favorites in their ready-to-bake seasonal cookie dough line in August. The first cookie dough consists of a pumpkin spice...
ANA becomes Boeing's first 737 MAX customer in Japan
Jul 28, 2022 23:47 pm UTC| Business Economy Life
ANA has formalized an order for 20 737-8 airplanes with 10 options, making it the first 737 MAX customer in Japan. Additionally, ANA is also the first Asian carrier to choose the 777-8 Freighter. The 737-8, which is...
PepsiCo partners blockchain startup Security Matters for plastic recycling
Jul 28, 2022 23:41 pm UTC| Nature Technology Economy Business
PepsiCo Labs will collaborate with six startups, including Security Matters, which uses blockchain technology to identify, sort, and pack waste, in promoting sustainability in its European supply chain. Using Security...
Tesco to remove plastic wrapping from its multipack drinks
Jul 28, 2022 23:33 pm UTC| Nature Economy Business
Tesco is ditching plastic wrapping of its own-label multipack drinks in the UK, in a move to save 45 million pieces of plastic a year. To be initially removed are those from its own fizzy drinks brand, saving 12...
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’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects