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Thu, Apr 18, 2024 11:13 AM All times are UTC

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Foot Locker to focus more on tripling sales of Adidas products as Nike lowers presence

May 07, 2022 23:41 pm UTC| Sports Economy Business

Foot Locker Inc is aiming to triple its sales of Adidas sneakers and other items at its stores to counter Nike Incs shrinking presence. Nikes direct-to-consumer (DTC) business will account for roughly 60% of total...

Coca-Cola targeting to use 50% recycled glass by 2030

May 07, 2022 23:41 pm UTC| Nature Economy Business

The Coca-Cola Bottling Co. United is aiming to use 50 percent recycled material in its glass bottles by 2030, through a partnership with Perrysburg, Ohio-based O-I Glass. Corey Tucker, warehouse and logistics manager...

Kevin Durant’s Thirty Five Ventures invests in Gotham FC

May 06, 2022 23:09 pm UTC| Sports Economy Business

Thirty Five Ventures, the investment vehicle co-founded by NBA star Kevin Durant and his manager Rich Kleiman, is now part of the ownership group of NJ/NY Gotham FC. The deal sees Thirty Five Ventures becomes the third...

Starbucks to launch NFT collection

May 06, 2022 23:09 pm UTC| Digital Currency Economy Business

Starbucks has confirmed that it will launch its first NFT (non-fungible token) collection later this year and that it will be based on the brands coffee art and storytelling. The Seattle-based coffee giant noted in a...

Seoul to host Formula E races in August

May 06, 2022 23:09 pm UTC| Sports Economy Business

Formula E Korea will host the Seoul E-Prix, the final Formula E competition of the 2021-2022 season, in Jamsil on August 13-14. Mercedes-Benz, Porsche, and BMW are expected to form teams to compete in the Seoul E-Prix...

GSK Consumer Healthcare Korea assigns new company chief

May 06, 2022 12:19 pm UTC| Business Economy

GSK Consumer Healthcare Korea was revealed to have appointed a new chief executive officer, and it was revealed to be Shin Dong Woo, a former CEO of the companys branch in Hong Kong. According to The Korea Times, GSK...

Hyundai Motor expands its presence in Indonesia with its electric vehicles

May 06, 2022 09:28 am UTC| Business Economy

Hyundai Motor is steadily expanding its presence in Indonesia, and it is doing well despite the country and the rest of the Southeast Asian market being dominated by Japanese carmakers. The South Korean automaker is...

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Economy

Impact of Iran-Israel conflict on Stocks, Gold and Bitcoin

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation,...

Japan Posts 7.7% Growth in Machinery Orders

In a striking development that looks set to invigorate Japans economic prospects, a key gauge of capital spending in the country has seen its most significant jump in over a year. According to Cabinet Office data released...

How cuts to marginal income tax could boost the UK’s stagnant economic growth

The British prime minister recently claimed the UK economy has turned a corner. Rishi Sunak said inflation figures were encouraging, and proclaimed that 2024 would be the year Britain bounces back. According to his...

A sustainable future begins at ground level

In 2015, the United Nations adopted the Sustainable Development Goals (SDGs) as a call to action in global partnership. By 2023 it appears that our progress has been far from satisfactory in achieving these...

Digital trade protocol for Africa: why it matters, what’s in it and what’s still missing

In February 2024, African heads of states adopted a draft protocol to regulate digital trade within the continent. This significant yet challenging course for Africas digital economy fits into the broader trade agreement,...

Politics

Nvidia RTX 4090D Embroiled in US-China Tech Rivalry; South Korea Navigates Chip Export Dilemma

The U.S. government has tightened export restrictions on high-performance semiconductor chips to China, including the Nvidia RTX 4090D, and is urging South Korea to enforce similar curbs, marking a significant escalation...

Canada needs a national strategy for homeless refugee claimants

One year after the federal government closed Roxham Road, refugee claims in Canada continue to increase: there were 143,785 in 2023 compared to 91,730 in 2022. The surprise announcement in March 2023 to modify Canadas...

Who will Trump pick as his running mate?

Being second in line for leadership of the most powerful country in the world is not an easy job. But for Mike Pence, vice president under Donald Trump, things were even harder than usual. As insurrectionists descended...

US and Japan Boost AI, Semiconductor Alliance; EU Eyes Reduction in China Dependence

Japan and the United States are poised to deepen ties in the high-tech sector, signaling a strategic move to enhance their global partnership with a focus on artificial intelligence and semiconductor...

US Finalizes Ban List for Chinese Chipmakers; Boosts Mexico Semiconductor Ties

The United States is finalizing a list of Chinese chip factories banned from receiving vital technology, aiming to curb Beijings tech advancements amid national security concerns. Concurrently, a US-Mexico semiconductor...

Science

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...

An eclipse for everyone – how visually impaired students can ‘get a feel for’ eclipses

Many people in the U.S. will have an opportunity to witness nearly four minutes of a total solar eclipse on Monday, April 8, 2024, as it moves from southern Texas to Maine. But in the U.S., over 7 million people are blind...

How do airplanes fly? An aerospace engineer explains the physics of flight

Airplane flight is one of the most significant technological achievements of the 20th century. The invention of the airplane allows people to travel from one side of the planet to the other in less than a day, compared...

The mystery of consciousness shows there may be a limit to what science alone can achieve

The progress of science in the last 400 years is mind-blowing. Who would have thought wed be able to trace the history of our universe to its origins 14 billion years ago? Science has increased the length and the quality...

Technology

Huawei Unveils Pura 70 Series to Rival Apple's Dominance in China's Smartphone Arena

Huawei Technologies Co., Ltd. rolled out a new line of advanced smartphones on Thursday, April 18. The company is starting to sell the new Pura 70 smartphone series to continue its resurgence in the Chinese market and step...

Shiba Inu Faces Downtrend, XRP Undervalued, Ethereum Eyes Market Comeback

Amidst fluctuating crypto markets, Shiba Inu signals a potential downtrend, XRP appears undervalued, and Ethereum might be gearing up for a market resurgence, suggesting a mixed outlook for these major...

Senators Push for Stablecoin Regulation to Protect US Dollar Dominance

U.S. Senators Kirsten Gillibrand and Cynthia Lummis have introduced the Lummis-Gillibrand Payment Stablecoin Act. This legislation establishes stringent guidelines for stablecoin issuers to enhance consumer protection and...

Tesla's Flood Resilience Tested by Dubai's Historic Rainfall

As Dubai experienced its heaviest rainfall in 75 years, Tesla vehicles were spotted expertly maneuvering through the citys severely flooded streets. Social media footage shows these electric vehicles crossing water-logged...

Volkswagen Unveils New EV Platform in China to Cut Costs, Challenge BYD

In a strategic move to undercut rivals and boost market share, Volkswagen announced a new cost-effective EV platform in China, developed in partnership with XPeng, to launch in 2026. Volkswagen Partners with XPeng to...