Pepsi to invest 160 million rupees in replenishing groundwater it uses in Pakistan
Sep 25, 2021 23:43 pm UTC| Nature Economy
PepsiCo would invest Rs160 million to replenish 343 million liters it uses at local watersheds near its food manufacturing plants in Lahore by 2023 According to a Memorandum of Understanding (MoU) signed with...
Dogecoin suffers an almost 10% price drop due to China’s crypto ban
Sep 25, 2021 23:37 pm UTC| Digital Currency Economy
Dogecoins price dropped almost 10 percent from $0.222 to $0.196 after China made illegal all crypto transactions and services in their country. The cryptocurrency has since recovered a bit to push its price to around...
China makes all cryptocurrency transactions illegal
Sep 25, 2021 23:31 pm UTC| Digital Currency Economy
Chinas central bank declared all transactions involving Bitcoin and other virtual currencies illegal because it disrupts the financial system and is used in money laundering and other crimes. While promoters of...
Top sports brand Nike cuts sales forecast due to supply chain woes
Sep 25, 2021 23:26 pm UTC| Sports Economy Business
Nike has cut its sales forecast from low double-digit growth to mid-single digits due to supply chain problems that threaten to crimp sales for the next few quarters. The giant sportswear group expects its supply chain...
S. Korea to stop funding overseas coal projects with public funds
Sep 25, 2021 23:16 pm UTC| Nature Economy
South Korea will refrain from investing in overseas coal projects using public funds beginning October, in line with the global initiatives to go carbon neutral by 2050. According to the Ministry of Trade, Industry, and...
10 S. Korean crypto exchanges apply for registration with KFIU
Sep 25, 2021 23:10 pm UTC| Digital Currency Economy
Ten South Korean cryptocurrency exchanges have applied for registration with the anti-money laundering body Korea Financial Intelligence Unit (KFIU) to continue operating. The exchanges also applied for real-name bank...
Blueberry NFT eyes raising 7 billion won via a stock sale to fund operations
Sep 25, 2021 23:05 pm UTC| Digital Currency Economy
Blueberry NFT Co. will sell some 3.26 million common shares at 2,145 won each to raise 7 billion won to be primarily used to finance its operations. The non-fungible token developer will designate the stocks...
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