Bankers need to be personally liable to avoid future financial crises — new research
Oct 31, 2022 08:41 am UTC| Economy
Most financial crises have plenty in common. They tend to start in the banking sector and involve excessive borrowing, together with an asset bubble, usually related to property. The global crisis of 2008 was no...
Cathay Pacific announces resumption of flights using Russian airspace
Oct 31, 2022 08:25 am UTC| Business Economy
Cathay Pacific Airways Limited, the flag carrier of Hong Kong, announced it would start flying using Russian airspace again. The airline is set to resume travel via the Polar Route on Nov. 1. Starting on the said date,...
Elon Musk reportedly ordered Twitter layoffs, fired top executives to dodge payouts
Oct 31, 2022 07:50 am UTC| Business Economy
Elon Musk finally completed his acquisition of Twitter last week, and as he takes over the company, it was reported that he immediately ordered job cuts and fired its top executives including the chief executive officer,...
Kia issues warning, recalls 72,000 Sportage SUVs in the US
Oct 31, 2022 07:08 am UTC| Business Economy
Kia Motors issued a new recall notice and this time, it is for the owners of its Sportage sport utility vehicle model. The South Korean automobile manufacturer is calling back about 72,000 units of the said SUV model due...
Starbucks Korea terminates CEO due to a string of lapses
Oct 31, 2022 04:48 am UTC| Business Economy
Starbucks Korea announced it has hired Shinsegae ICs chief, Song Jun Hyun, to be its new chief executive officer. He will be immediately replacing the outgoing CEO Song Ho Seop who will be leaving amid criticisms over his...
KakaoTalk gaining back users after losing them due to widespread system crash
Oct 31, 2022 04:47 am UTC| Business Economy
KakaoTalk is said to be gaining back the users it lost because of the system crash that happened more than a week ago. The blackout created many issues as well as controversies because the mishap uncovered the fact that...
Electricity from farm waste: how biogas could help Malawians with no power
What the Supreme Court is doing right in considering Trump’s immunity case
US student Gaza protests: five things that have been missed
Will Solomon Islands’ new leader stay close to China?
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects