Amazon brings its ‘Astro’ home robot to the market
Sep 29, 2021 05:55 am UTC| Business Economy
Amazon finally unveiled its first home robot this week, and the company named it Astro. The unit is part of the Day 1 Edition, which means it will be initially sold to a limited number of people. As per CNBC, interested...
S. Korea seeks to introduce drone taxis by 2025
Sep 28, 2021 23:47 pm UTC| Life Economy
South Korea aims to commercialize urban air mobility (UAM) vehicles as drone taxis as early as the end of 2025. The introduction of drone taxis is meant to ease traffic congestion on Seouls roads, said the Ministry of...
Hyundai Steel to use Samsung Electronics' recycled wastewater sludge for steelmaking
Sep 28, 2021 23:44 pm UTC| Science Economy
Hyundai Steel Co. and Samsung Electronics Co. have developed technology to utilize calcium fluoride (CaF2) from recycled wastewater sludge as supplementary material in steelmaking. The CaF2 is similar to fluorite, a...
AAK, Nestlé, and Musim collaborate to tackle deforestation
Sep 28, 2021 23:41 pm UTC| Nature Economy
Swedish vegetable oils and fats producer AAK has collaborated with Nestlé and palm oil corporation Musim Mas in a 5-year program to address deforestation outside of palm oil concession areas in Aceh,...
Korea Zinc to expand biz from smelter to hydrogen, battery materials manufacturing
Sep 28, 2021 23:37 pm UTC| Economy Business
Korea Zinc Co. plans to add green hydrogen and battery materials sectors to the list of its new growth drivers. Officials said that Korea Zinc, the worlds largest lead and zinc smelter, aims to make 2021 its first year...
India accelerates talks with Taiwan on bringing $7.5 billion chip plant to its shores
Sep 28, 2021 23:26 pm UTC| Economy Business
Indian and Taiwanese officials are negotiating to bring a $7.5 billion chip plant to India with tariff reductions on components for producing semiconductors by the end of the year. The plant could supply everything from...
UFC owner Endeavor acquires sports-betting firm OpenBet
Sep 28, 2021 23:22 pm UTC| Sports Economy Business
Endeavor Group Holdings Inc acquired OpenBet for $1.2 billion, consisting of $1 billion in cash and $200 million in shares, to further diversify its business and help it monetize its assets. Endeavor, which owns the...
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
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight