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Sun, May 05, 2024 01:03 PM All times are UTC

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Sanofi is buying Translate Bio to develop COVID-19 vaccine

Aug 04, 2021 06:22 am UTC| Business Economy

Sanofi will be acquiring mRNA developer, Translate Bio, and this was revealed on Monday, Aug. 4. The French pharmaceutical company headquartered in Paris was reported to have offered to buy the US-based company after...

HSBC, ADB, Citi, Prudential draw up a plan to shut coal plants in Asia

Aug 04, 2021 05:33 am UTC| Business Economy

HSBC, ADB, Citi, Prudential have come together to make a plan to expedite the closure of coal-powered plants in Asia. Based on the report, it was the UK-based insurance company that developed the initiative. According...

Samsung posts 22.74 million won semiconductor revenue in Q2 to overtake Intel for top spot

Aug 03, 2021 22:16 pm UTC| Economy Business

South Koreas Samsung Electronics Co. racked up 22.74 trillion won in semiconductor revenue in the second quarter to overtake US rival Intel, which posted a $19.6 billion revenue. Excluding the contribution of a unit...

S. Korea’s big 3 shipbuilders to hike newbuilding prices to cover steel cost

Aug 03, 2021 12:06 pm UTC| Economy Business

South Koreas three major shipbuilders will raise new shipbuilding prices to enhance profitability following hefty second-quarter operating losses estimated at a combined 1.5 trillion won due to higher steel...

Japanese firms collaborate facial recognition-based payment platform

Aug 03, 2021 11:44 am UTC| Technology Economy

Panasonic, Resona, credit card firm JCB Co., and Dai Nippon Printing Co. aim to introduce a facial recognition-based payment platform that lets customers deposit, withdraw and transfer money at banks as early as April next...

Whole Foods issues recall for Cahill's cheese brand for listeria risk

Aug 03, 2021 10:04 am UTC| Business Economy

Whole Foods announces a recall for some cheese brands that it sells. It was reported that the American supermarket chain is selling the affected product in its grocery markets in 22 states. According to Fox Business,...

Heavy beer drinkers force Kirin Brewery to charge for factory tours

Aug 03, 2021 09:33 am UTC| Life Economy

Overconsumption of beer during free tastings in factory tours forced Kirin Brewery Co. to charge participants 500 yen beginning Oct. 1. The change is intended to prevent visitors from repeatedly returning for free beer...

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Economy

Nigerians throw naira notes around to show love: but it could land you in jail

The legal implication of physically damaging the naira, Nigerias currency, came into focus recently with the prosecution of at least two celebrities by the countrys Economic and Financial Crimes Commission. Nigeria has a...

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...

Politics

Sudan’s civil war is rooted in its historical favouritism of Arab and Islamic identity

The current civil war in Sudan goes beyond a simple power struggle between two generals. It reflects a deep-rooted crisis within the countrys governing structure thats been present since it gained independence from the...

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...

The politics stopping the UK from opening a youth mobility scheme with Europe

Earlier this week, it seemed possible that young people in the UK might soon be able to travel freely to work and live in Europe again. The European Commission laid out proposals to open mobility to millions of 18- to...

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...

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...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

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,...

Technology

Leaked: New Huawei Luxeed SUV Images Fuel Anticipation for Tech Upgrades

Recently leaked photos allegedly showcasing the Huawei Luxeed SUV have ignited speculation over the vehicles advanced features and smart technology, potentially setting a new benchmark in the automotive...

Bitfinex CTO Deems Database Breach Claims 'Fake' Amidst Hacker Allegations

Bitfinexs Chief Technology Officer Paolo Ardoino has cast doubts on claims of a database breach by hacker organization FSOCIETY, branding the allegations as fake. Ardoino refuted the purported leak of 22,500 user emails...

Walmart Spotted with Tesla Semi in California as True Launch Date Revealed

Walmarts adoption of a Tesla Semi hit the California highways, signaling the electric trucks expanding reach. The sighting follows Teslas revelation of a late 2025 and early 2026 launch window for the highly anticipated...

Altcoin Market Rally Predicted, Analysts Forecast $4 Trillion Market Cap Surge

Analysts are predicting a substantial rally in the altcoin market, with projections indicating a surge that could drive the market cap to an impressive $4 trillion. This optimistic outlook is supported by positive economic...

Shiba Inu's Remarkable 12% Surge Fueled by Record SHIB Burns, Community Momentum

Shiba Inus ascent reaches new heights as the cryptocurrency experiences a remarkable 12% surge, fueled by record-breaking SHIB burns. The surge reflects robust community engagement and underscores the dynamic nature of the...