Indonesia's ‘Super Apps’: will they be another waste of state budget?
Aug 21, 2022 17:16 pm UTC| Insights & Views Economy
The Indonesias Ministry of Communication and Informations (Kominfo) plan to merge around 24,000 government apps into just eight apps, which they call Super Apps, is worth closer scrutiny. As of today, the government has...
Inflationary psychology could make things worse, but for now it's in check
Aug 21, 2022 17:15 pm UTC| Economy
With the world is experiencing inflation levels not seen since the 1980s, central banks are caught between warning of the dangers of an 1970s-style inflationary spiral, and contributing to that spiral by talking about...
Inflation: why it's very unlikely to get back below 2% for years to come
Aug 21, 2022 17:14 pm UTC| Economy
Inflation in the UK and eurozone is still getting worse. UK prices rose a whopping 10.1% in July compared to a year earlier, while those in the eurozone went up 8.9% breaking longstanding records in both places. Contrast...
Starbucks’s COO is leaving as the role has been eliminated under the restructuring scheme
Aug 19, 2022 10:36 am UTC| Business Economy
Starbucks is reorganizing its management, and it decided to remove the chief operating officer position. As a result, the coffee chains current COO is leaving the company after two decades of service. Starbucks is said...
Hyundai Mobis to split its key businesses into parts and module units
Aug 19, 2022 10:20 am UTC| Business Economy
Hyundai Mobis Co. Ltd., a South Korean auto parts manufacturer, revealed on Thursday, Aug. 17, that it is planning to split its modules and parts production divisions and turn them into new wholly owned units. The company...
Merck buys Korean Mecaro chemical business firm
Aug 19, 2022 09:41 am UTC| Business Economy
Merck, a leading science and technology company that operates across life science, healthcare and electronics, has bought the chemical business of Mecaro Co. Ltd., a Korean company specializing in materials and components...
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