S. Korea to develop solar-powered drone that could carry 20 kgs to stratosphere
Sep 16, 2021 22:54 pm UTC| Science Economy
South Korea will invest 37.47 billion won in developing a solar-powered drone that could carry over 20 kilograms in the stratosphere and with natural disaster monitoring capability by 2025. The drone will serve as an...
Hyundai Motor aims reusing spent-up EV batteries as energy storage systems in Texas
Sep 16, 2021 22:49 pm UTC| Economy Business
Hyundai Motor Group has collaborated with Texas-based groups CPS Energy and OCI Solar Power to test whether spent-up electric vehicle batteries could be reused as energy storage systems. ESS stores leftover electricity...
S. Korea to invest 2.6 trillion won in hyperconnectivity
Sep 16, 2021 22:42 pm UTC| Digital Currency Economy
South Korea will invest 2.6 trillion won in hyperconnectivity and related technologies for newly emerging services by 2025. The Ministry of Science and ICT identified the emerging services as metaverse, blockchain, and...
Countless chicken meat buyers eligible to share in $181 million price-fixing settlement
Sep 16, 2021 21:57 pm UTC| Law Economy
A $181 million class-action price-fixing lawsuit settlement allows anyone who purchased chicken from a grocery store in the last decade-plus to be eligible for a share in the payments. Law firms Hagens Berman Sobol...
Morgan Stanley establishes dedicated cryptocurrency research team
Sep 16, 2021 21:50 pm UTC| Digital Currency Economy
Global investment bank Morgan Stanley is establishing a team dedicated to researching cryptocurrencies impact on both equities and fixed income in recognition of the growing significance of digital assets. The firms top...
State Bank of India blocks payments to crypto exchanges on its platform
Sep 16, 2021 21:45 pm UTC| Digital Currency Economy
The State Bank of India (SBI) has blocked payments to cryptocurrency exchanges using its Unified Payments Interface (UPI). Consequently, SBI bank customers cannot transfer funds via UPI to crypto exchanges to buy...
PepsiCo to launch plant-based products in collaboration with Beyond Meat in 2022
Sep 16, 2021 10:00 am UTC| Business Economy
PepsiCo is one of the latest companies to be venturing into the plant-based business. It was reported that it will be releasing vegan snacks and beverages in partnership with Beyond Meat and these will be available early...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects