Inflation is spiking around the world – not just in the United States
Aug 02, 2022 04:17 am UTC| Economy
The 9.1% increase in U.S. consumer prices in the 12 months ending in June 2022, the highest in four decades, has prompted many sobering headlines. Meanwhile, annual inflation in Germany and the U.K. countries with...
Ukraine war: first grain ship leaves Odesa, but EU should have seen food and energy crises coming
Aug 02, 2022 04:13 am UTC| Politics Economy
Vladimir Putins invasion of Ukraine has resulted in four interrelated security crises. The war in Ukraine is a tragedy for human security, but it affects geopolitical security as well as food and energy security. These...
UFC strikes new licensing deal with Amazon for a new range of merch
Aug 02, 2022 00:37 am UTC| Sports Economy Business Life
The Ultimate Fighting Championship (UFC) has signed a new licensing partnership with e-commerce giant Amazon, covering officially licensed UFC apparel and accessory products. The agreement will see the UFC collaborate...
Beyond Meat’s stock plummets as test for McDonald’s McPlant ends
Aug 01, 2022 10:19 am UTC| Business Economy
Beyond Meat, the Los Angeles headquartered manufacturer of plant-based meat alternatives, share price reportedly plunged by six percent in the morning trading late last week after McDonalds concluded its McPlant burger...
Hyundai Motor assigns new chief for its US business operations
Aug 01, 2022 09:39 am UTC| Business Economy
Hyundai Motor US has appointed a new chief executive officer and was revealed to be Randy Parker. The South Korean automaker made the announcement on Friday, July 29. Parkers assignment as Hyundai Motor Americas new...
Shinhan establishes new bank branches and offices in Vietnam
Aug 01, 2022 09:28 am UTC| Business Economy
Shinhan Bank Co. Ltd announced late last week that it has opened three new branches in Vietnam and the exact locations are in Ho Chi Minh City and Hanoi. With the offices, it was said that the South Korean financial...
Eastar Jet facing probe over alleged erroneous documents and may lose flight license
Aug 01, 2022 09:03 am UTC| Business Economy
Eastar Jet Co. Ltd. may be probed after the transport ministry of South Korea revealed last week it will submit a request for an investigation of the low-cost airline headquartered in Banghwa-dong, Gangseo-gu,...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects