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Fri, May 17, 2024 07:34 PM All times are UTC

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KFC US announces appointment of its new president

Jun 29, 2022 09:03 am UTC| Business Economy

Kentucky Fried Chicken Corp. announced a change in the executive management of its business in the United States. The fried chicken chain, which is a subsidiary of Yum! Brands Inc. revealed it has appointed Tarun Lal as...

Hyundai Heavy wins deal to build patrol vessels for the Philippine navy

Jun 29, 2022 08:34 am UTC| Business Economy

Hyundai Heavy Industries has secured an order from the Philippine Department of National Defense. The contract is for the delivery of six patrol vessels for the Philippine Navy. According to The Korea Herald, the cost...

Korea’s Cyworld introduces ‘digital inheritance’ service that gives bereaved families access to digital data of departed loved ones

Jun 29, 2022 08:19 am UTC| Business Economy

Cyworld, a social media platform in South Korea, revealed the past weekend that it has launched a new kind of service offering called the digital inheritance. The company explained this would allow the families of departed...

Korea’s CHA Healthcare acquires Australian fertility specialist center

Jun 29, 2022 08:08 am UTC| Business Economy

CHA Healthcare Co., a South Korean medical hospital operator, announced on Monday, June 28, that it has secured management rights to Fertility Specialists of Western Australia (FSWA) via an acquisition deal. The FSWA is...

Woori Bank vows to cooperate as regulators launch probe over suspicious remittances

Jun 29, 2022 08:02 am UTC| Business Economy

Woori Bank is reportedly being investigated over suspicious money transfers that have already reached the amount of KRW800 billion, which is around $623 million in US dollars. The bank is one of the top five largest in...

Ford issues recall for 2,900 F-150 Lightning trucks

Jun 29, 2022 07:52 am UTC| Business Economy

Ford Motor Co. announced on Monday, June 28, that it would be recalling some units of its F-150 Lightning pickup trucks. The company said the total number of the affected vehicles is 2,900. As per Reuters, out of the...

Starbucks, Samsung launch collaborative Galaxy smartphone and earbuds cases

Jun 29, 2022 07:48 am UTC| Business Economy

Starbucks coffee has teamed up with Samsung Electronics to release limited-edition smartphone cases and True Wireless Stereo (TWS) earbuds. These were specially designed for the latters Galaxy products. The items in the...

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Economy

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Reducing energy demand and improving efficiency will help prevent the next gas crisis

Gas prices have relaxed, Europe has come out of the winter with record gas storage levels and a surfeit of liquefied natural gas is set to reach the shores of Europe over the coming years. Many commentators are hopeful...

Minimum wage for South African farm workers: study shows 2013 hike helped reduce poverty even though compliance was poor

Minimum wage policies are typically aimed at reducing poverty. Yet there is little direct evidence of this effect, especially in developing countries. And none for South Africa. In a recent paper, we consider the...

Gas is good until 2050 and beyond, under Albanese gas strategy

The Albanese government is talking up the crucial role of gas as a transition fuel through to 2050 and beyond. In a gas strategy to be released on Thursday, the government envisages the fuels uses would change over...

South Africa’s plan to move away from coal: 8 steps to make it succeed

The South African governments Just Energy Transition Implementation Plan was launched in November 2023. It is a roadmap guiding the country away from reliance on coal-fired power towards renewable energy alternatives by...

Politics

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

US Supreme Court upended decades of precedent in 2022 by allowing voters to vote with gerrymandered maps instead of fixing the congressional districts first

For the 2022 midterm elections, the U.S. Supreme Court allowed Alabama to use congressional districts that violated the law and diluted the voting power of Black citizens. A 5-4 vote by the Supreme Court in February...

Germany lowers voting age to 16 for the European elections

Ahead of the European parliament elections in June, Germany has lowered the age limit on participation to 16. This makes it the largest of just a handful of states in the EU to allow people under the age of 18 to vote....

South Africa will be president of the G20 in 2025: two much-needed reforms it should drive

South Africa will play an important international role in 2025 as president of the G20. The G20 is a group of 19 countries as well as the African Union and the European Union. Between them they represent 85% of global...

What early 2024 polls are revealing about voters of color and the GOP

By the end of winter 2024, the return of Donald Trump to the top of the GOP presidential ticket has revealed a surprising trend in the former presidents base of support: his increasing popularity among Black and Latino...

Science

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritise the content you are shown. Google Maps and artificial intelligence are nothing without...

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...

Technology

Two Arrested in $73M Crypto Scam, Justice Department Announces

The Justice Department prosecuted two Chinese nationals on Friday in a cryptocurrency scam that laundered at least $73 million from deceived victims. Defendants Allegedly Used Shell Corporations to Launder Funds Through...

Tether's $1B USDT Mint Boosts Bitcoin, Eyes on $70K Milestone

Bitcoin has switched its former resistance into support, as Tethers market capitalization continues to rise swiftly in 2024. Tether, the worlds largest stablecoin, has issued another $1 billion, raising its market...

Crucial SHIB Warning Goes Out: Fake Airdrop Scams Targeting Community, Here's Reason

The Shiba Inu team has delivered a crucial warning to its community, highlighting the presence of fake SHIB airdrop scams and the importance of safeguarding cryptocurrency assets. Shiba Inu Team Warns Community Against...

China To Drive Next Rally in Bitcoin, Gold Prices: Tapiero's Bold Predictions

The prospective outlook for Chinas economy, combined with speculation of Quantitative Easing (QE) in the regions real estate industry, is expected to have an impact on Bitcoin (BTC) and gold prices and liquidity in the...

Microsoft Integrates AMD AI Chips into Azure, Competing with Nvidia’s GPU Offerings

Microsoft announced Thursday that it will integrate AMDs MI300X processors into its Azure cloud services, offering a competitive alternative to Nvidias GPUs. Azures New AI Processing Power According to Reuters,...