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Vietcombank, JBIC ink $300 million renewables funding deal in Vietnam

Mar 31, 2023 23:51 pm UTC| Nature Economy Business

Viet​combank and The Japan Bank for International Cooperation (JBIC) will co-finance $300 million worth of renewable energy projects in Vietnam. JBIC will cover a USD-165-million portion of the overall amount, while...

Nestlé, Cargill invest $15 million to support US regenerative practices

Mar 31, 2023 23:44 pm UTC| Nature Economy Business

Nestlé, Cargill will invest a combined $15 million to scale the adoption of conservation practices that help fight climate change in collaboration with the National Fish and Wildlife Foundation (NFWF). The...

PepsiCo launches Crop Intelligence Model for India in collaboration with Cropin

Mar 31, 2023 20:56 pm UTC| Nature Economy Business

PepsiCo India will utilize a crop and plot-level predictive intelligence model to help farmers maximize potato yields and improve their quality via functional dashboards on user-friendly mobile apps. Launched in...

LG Chem breaks ground on ₩310 billion supercritical pyrolysis plant

Mar 30, 2023 23:55 pm UTC| Nature Economy Business

LG Chem Ltd. has broke ground on a 310 billion won plant in a 240,000 square-meter site in Dangjin for pyrolysis and aerogel, a material for next-generation insulation in boosting its plastic recycling businesses. It...

Allbirds creates the world’s first zero-carbon shoe

Mar 30, 2023 23:18 pm UTC| Nature Life Economy Business

Apparel and footwear brand, Allbirds, has designed what is dubbed the worlds first zero-carbon shoe, called M0.0nShot. The shoe is made from carbon-negative materials such as merino wool, sugarcane-based foam, and...

POSCO International undertakes bioplastic recycling biz

Mar 29, 2023 23:20 pm UTC| Economy Business Nature

POSCO International Corp. will start recycling biodegradable plastic as part of its bid to expand its green portfolio. The company has signed deals with TotalEnergies Corbion, a Netherlands-based bioplastic company, and...

SK Chemicals launches recycled fiber fabrics made of 100% polyester and spandex blend

Mar 28, 2023 23:58 pm UTC| Nature Economy Business Science

SK Chemicals has launched recycled fiber fabrics made of 100 percent polyester and spandex blend, developed jointly with eco-friendly social enterprises, Art Impact and Project 1907. The fabrics are made of materials...

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Economy

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...

Why is the London Stock Exchange losing out to the US

London Stock Exchange (LSE), which can trace its heritage to the coffee houses of the 17th century, is failing. The volume of shares traded is sharply declining, and some UK companies are swiftly moving to the US...

Why Germany ditched nuclear before coal – and why it won’t go back

One year ago, Germany took its last three nuclear power stations offline. When it comes to energy, few events have baffled outsiders more. In the face of climate change, calls to expedite the transition away from fossil...

Politics

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...

History for sale: what does South Africa’s struggle heritage mean after 30 years of democracy?

One of my favourite statues is the one of Nelson Mandela at the Sandton City shopping centre in Johannesburg. Larger than life, its oversized bronze shoes shimmer in the evening light, polished by the hands of many...

Sudan: civil war stretches into a second year with no end in sight

In the early hours of April 15 2023, the Rapid Support Forces (RSF) a Sudanese paramilitary force attacked the military airstrip in the town of Merowe and deployed troops across strategic locations in Sudans capital,...

Joe Biden Proposes Record 44.6% Capital Gains Tax in Latest Budget Plan That May Favor Cryptocurrencies

President Joe Biden has proposed raising the capital gains tax to an unprecedented 44.6% in a bold fiscal move, targeting the wealthiest Americans. This hike is part of his 2025 budget proposal to reduce income...

Turkey’s suppression of the Kurdish political movement continues to fuel a deadly armed conflict

The world has 91 democracies and 88 autocracies. Yet 71% of the worlds population (some 5.7 billion people) are living under autocratic rule, a big jump from 48% ten years ago. This trend towards authoritarianism can...

Science

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...

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

Technology

MicroStrategy's Bold Strategy Pays Off: Stock Skyrockets Amid Bitcoin Fluctuations

Despite the cryptocurrencys volatility, MicroStrategys stock soared by an impressive 461.7% over the past year, buoyed by strategic investments in Bitcoin and innovative debt management. MicroStrategy Triumphs: Stock...

Elon Musk in Beijing to Propel Tesla's Self-Driving Tech in China

Tesla CEO Elon Musk unexpectedly visited Beijing on Sunday to discuss launching Teslas Full Self-Driving technology in China and navigate data transfer policies amidst heightened US-China trade collaborations. Elon Musk...

Bitcoin Miners See Sharp Drop in Fee Revenue Following Halving Event

Following the recent Bitcoin halving, transaction fees, which once soared, now represent just 35% of miner revenue, significantly impacting their earnings amidst stable network conditions. Bitcoin Halving Sees Miner...

Adidas and Stepn Unveil NFT Sneakers in Trailblazing Web3 Partnership

Adidas has partnered with the Solana-based fitness app Stepn to launch an exclusive NFT sneaker collection, signaling the sports giants further dive into the Web3 space. Adidas Steps Into Web3 with Stepn Collaboration,...
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