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Fri, May 03, 2024 06:49 PM All times are UTC

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S. Koreans enjoy more non-alcoholic beer during the pandemic

Jan 20, 2022 23:30 pm UTC| Economy Business Life

South Koreas non-alcoholic beer market is growing at a rapid pace during the pandemic due to an increase in health-conscious consumers and the growth of the drinking-at-home culture. The size of South Koreas...

Animoca Brands raises $358 million to fund open metaverse project

Jan 20, 2022 23:13 pm UTC| Economy Digital Currency

Animoca Brands has raised an additional US$358 million to push its total funding to US$600 million as it bids to create a blockchain technology-based open metaverse. The amount would help fund more acquisitions, aid...

Thrill One inks 8-figure, multi-year A Shoc sponsorship deal

Jan 20, 2022 22:26 pm UTC| Sports Economy

Action sports entertainment company Thrill One Sports Entertainment closed an eight-figure, multi-year deal with energy drink brand A Shoc, which it describes as the largest partnership in action sports history. The...

S. Korea's KT collaborates with Russia’s Yandex on developing delivery robots

Jan 20, 2022 20:43 pm UTC| Economy

Major South Korean telecom operator KT Corp. has partnered with Yandex Self-Driving Group to jointly develop an autonomous delivery robot. KT and Yandex Self-Driving Group, an affiliate of Russian tech giant Yandex...

Unilever may exit food business to expand in health, beauty, and hygiene

Jan 20, 2022 19:08 pm UTC| Economy Business

Unilever is looking to sell or de-emphasize its food beverage units as it eyes the consumer healthcare division of GlaxoSmithKline, whose products include Advil pain reliever and Aquafresh and Sensodyne toothpaste. The...

LG Electronics planning to build regional HQ in Riyadh

Jan 20, 2022 10:00 am UTC| Business Economy

LG Electronics is said to be mulling on setting up its regional headquarters in Saudi Arabias capital city, Riyadh. This means that the company may relocate and build its Middle East HQ in the said location. According...

Coca-Cola debuts new Coffee Mocha drink flavor

Jan 20, 2022 09:51 am UTC| Business Economy

Coca-Cola announced the release of a new drink, and it was added to its line of coffee and coke blends. The Atlanta, Georgia-headquartered beverage company unveiled the Coffee Mocha on Wednesday, Jan. 19. This is...

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Economy

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI

Australias inflation rate has fallen for the fifth successive quarter, and its now less than half of what it was back in late 2022. The annual rate peaked at 7.8% in the December quarter of 2022 and is now just 3.6%, in...

Politics

US Urges China, Russia to Reject AI Control in Nuclear Arms, Align with Global Norms

Paul Dean, a senior U.S. arms control official, emphasized the critical need for China and Russia to join the U.S. in declaring that humans will always decide on the deployment of nuclear weapons, not artificial...

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

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...

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,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Technology

Kraken Pro Boosts Shiba Inu with New Margin Trading Option

Kraken Pros announcement of Shiba Inus (SHIB) inclusion in its margin trading pairs signifies a significant milestone for the meme-inspired cryptocurrency. This move underscores SHIBs growing prominence within the crypto...

Hong Kong Firm Dominates BlackRock's Bitcoin ETF, Surges to Top Holder

In a significant development for the cryptocurrency market, Hong Kong-based Yong Rong HK Asset Management Ltd has secured its position as the largest holder in the BlackRock iShares Bitcoin ETF (IBIT), according to recent...

Nintendo's Next-Gen: Switch 2 Could Hit 240FPS, Leaks Suggest

Leaked by data miner OatmealDome, Nintendos updated NintendoWare Bezel Engine reportedly supports frame rates potentially as high as 240FPS, a massive leap from the current 60FPS limit on the Nintendo Switch. The...

Shiba Inu Dead Cat Bounce: Price Rebound or Bearish Omen?

Investors in the cryptocurrency world are eyeing Shiba Inu (SHIB) with cautious optimism as the meme coin shows signs of a potential dead cat bounce, a dubious reversal often seen in volatile markets. With SHIB struggling...

PEPE Price Surges 7% Amid 4 Trillion Pepe Coin Accumulation by Whale

A monumental 4 trillion Pepe coin accumulation by a crypto whale on May 3 has sparked a significant 7% surge in PEPEs price. This surge, observed amid bullish market sentiments, follows a week of price consolidation,...