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Fri, Jun 14, 2024 12:33 PM All times are UTC

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IKEA Korea's sales drop 9% to suffer first decline since entering S. Korean market

Dec 18, 2022 09:26 am UTC| Economy Business Life

IKEA Koreas sales plunged 9 percent to US$475 million for its fiscal year 2022, suffering its first sales after eight years of continuous growth in its South Korean operations.. The South Korean arm of the Swedish...

Digital Currency Revolution

White Castle gives $25,00 in NFT sales proceeds to employee fund

Dec 18, 2022 09:11 am UTC| Economy Business Life Digital Currency

White Castle is turning $25,000 from the sale of NFTs into employee aid through its Team Member Relief Fund. The 350-unit fast-food chain has been selling 5,001 unique digital images for a year for its 100th...

Indonesia’s GoTo to sell stake in retailer Alfamart to focus on profitability

Dec 17, 2022 14:36 pm UTC| Business Economy Life

Indonesias PT GoTo Gojek Tokopedia has sold its stake in local retailer Alfamart worth US$96.03 million to focus on profitability. GoTo shares are trading at record-low levels. After pre-IPO owners elected to...

Manchester United launches Tezos-powered NFT

Dec 17, 2022 07:39 am UTC| Sports Digital Currency Economy Business

Manchester United has introduced its first proof-of-stake blockchain Tezos-powered NFT in the form of a key that grants access to exclusive features. Fans of Manchester United, one of the worlds biggest soccer clubs,...

SPC Group’s chairman Hur Young In charged with breach of trust

Dec 17, 2022 04:51 am UTC| Business Economy

SPC Groups chairman Hur Young In has been indicted for underselling stocks owned by the group affiliates. This move is said to be a suspected attempt to avoid gift tax thus, he was charged with breach of trust. SPC...

Volkswagen, Enel X Way unveils Ewiva joint venture to build charging network in Italy

Dec 17, 2022 04:29 am UTC| Business Economy

Volkswagen Group and Enel X Way energy company based in Rome have teamed up to form a joint venture that will build a high-power charging (HPC) network throughout Italy. Their JV has been named Ewiva, and each company owns...

LG Display to shut down its LCD TV production line in Paju

Dec 16, 2022 10:41 am UTC| Business Economy

LG Display is halting activities in its production plant in Paju, Gyeonggi Province. This means the company will stop manufacturing LCD TV panels as the factory is shutting down this month. According to The Korea Times,...

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Economy

Rotting sargassum is choking the Caribbean’s white sand beaches, fueling an economic and public health crisis

The Caribbeans sandy beaches, clear turquoise water and vibrant coral reefs filled with an amazing variety of sea creatures have long been the pride of the islands. The big three sun, sea and sand have made this...

Sierra Leone’s bushmeat markets pose serious health hazards – we studied two for six months to find solutions

You are walking through the bustling centre of Bo, Sierra Leones third largest city. Following the crowd, you turn off the main road onto a narrower thoroughfare and find yourself in an open-air market. Shelters...

Africa doesn’t have a choice between economic growth and protecting the environment: how they can go hand in hand

Heathrow Airport in the UK currently uses more energy than the entire west African country of Sierra Leone. Despite Africa accounting for less than 4% of all global greenhouse gas emissions, many of its countries face...

Spare us the talk about a wages explosion. There’s nothing wrong with lifting Australia’s lowest wages in line with inflation

What is it with the Coalition and wages? When, in the final days of the 2022 election campaign, the then opposition leader Anthony Albanese backed an increase in award wages to keep pace with inflation, his opposite...

Net zero is not just good science – it’s also a good deal for ordinary people

As the UK moves into a general election, a misinformed debate over the countrys climate transition and legally binding net zero targets risks further dividing people. Much of this debate in the UK focuses on the cost of...

Politics

Unmarred by Russian spying scandal, Austria’s far-right expected to cruise to victory in European elections

For the Freedom Party of Austria (FP), the weeks are going by like clockwork. The far-right party continues to top the polls. It is expected to clinch a comfortable victory in the European elections on 9 June with almost...

Indian election: Narendra Modi hasn’t delivered the expected landslide – where the BJP may have gone wrong

Narendra Modi may have led his Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) to a historic third term, but the landslide victory that many had expected failed to materialise. With half of the 640...

Iran: president’s death has set hardliners jostling for position to replace ageing supreme leader

The death of Irans president, Ebrahim Raisi, in a helicopter crash in May plunged Iran into political uncertainly. Raisis death has set off an intense power struggle within the Islamic Republic. Irans consitution...

Modi’s narrow win suggests Indian voters saw through religious rhetoric, opting instead to curtail his political power

Indias ruling Bharatiya Janata Party, or BJP, had hoped for a landslide victory in the countrys six-week general election the largest display of democracy, by far, in a year of voting around the world. But with results...

Trump’s lawyers in lawsuits claiming he won in 2020 are getting punished for abusing courts and making unsupported claims and false statements

Over the past four years, U.S. courts and state bar associations have taken action to protect the integrity of the U.S. judicial system by penalizing attorneys who filed meritless lawsuits claiming without evidence that...

Science

Eye exercises to improve sight – is there any science behind them? An ophthalmologist explains why you shouldn’t buy the hype

You may have seen advertisements claiming to eliminate the need for eyeglasses through vision therapy or vision training basically, eye exercises. These exercises include putting pressure on or palming the eye; eye...

The universe’s biggest explosions made some of the elements we are composed of. But there’s another mystery source out there

After its birth in the Big Bang, the universe consisted mainly of hydrogen and a few helium atoms. These are the lightest elements in the periodic table. More-or-less all elements heavier than helium were produced in the...

Engineering cells to broadcast their behavior can help scientists study their inner workings

Waves are ubiquitous in nature and technology. Whether its the rise and fall of ocean tides or the swinging of a clocks pendulum, the predictable rhythms of waves create a signal that is easy to track and distinguish from...

If an asteroid hit Earth and all the humans died, would the dinosaurs come back?

Many, many years ago dinosaurs roamed the Earth. Six-year-old Aga knows that a meteorite wiped them out… but could another meteorite bring them back? You can read a print version of this story...

Ancient DNA from an extinct native duck reveals how far birds flew to make New Zealand home

Ask a bird lover if they have heard of the extinct giant moa or its ancient predator, Haasts eagle, and the answer will likely be yes. The same cant be said of New Zealands extinct, but equally unique, mergansers a group...

Technology

Chinese Court Sentences Gang for Money Laundering Using Digital Yuan, Report Reveals

A Chinese court sentenced three gang members to prison for laundering 200,000 yuan using digital yuan, emphasizing the tightly controlled controllable anonymity of the Chinese CBDC. China Enforces Strict Control Over...

Apple Isn't Paying OpenAI for Access to ChatGPT, Report Reveals Surprising Agreement

Apple will incorporate OpenAIs ChatGPT into its devices without financial compensation, aiming for mutual benefits and broader user access, according to a Bloomberg report. Apple to Integrate OpenAIs ChatGPT Without...

BYD's EU EV Sales Yield 10x Profit Over China, Unhindered by 30% Tariffs

BYD shows resilience in the face of new EU tariffs on Chinese EVs, achieving significantly higher profits in Europe compared to China, recent studies indicate. Following the announcement of increased tariffs by the...

Vitalik Buterin: 7 Ways Meme Coins Enhance Ethereum and Crypto Community

Within cryptocurrency, meme coins have been a subject of discussion for a considerable time. Vitalik Buterin, the co-founder of Ethereum, has presented an alternative narrative, even though some people consider them...

Toncoin Eyes 40% Rally: Analyst Martinez Predicts Temporary Dip to $7.2

A well-known cryptocurrency analyst named Ali Martinez recently tweeted that Toncoin (TON) would have a major surge. This post sparked enthusiasm among members of the cryptocurrency community. Ali Martinez Forecasts 40%...