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How to help UK households manage rising energy bills - and decarbonise at the same time

Jan 24, 2023 07:36 am UTC| Economy Real Estate

The cost of electricity rose sixfold between January 2021 and November 2022 as the impact of the COVID pandemic combined with Russias invasion of Ukraine to push up wholesale energy prices. Without government...

Build-to-rent is seen as affordable, but it's unlikely to help those most in need

Dec 08, 2022 10:42 am UTC| Economy Real Estate

Australians desperately need more affordable homes, particularly homes for rent. The prospect of home ownership is rapidly receding for many people, especially younger generations (as the chart below shows). More people...

Negative equity is looming for some home owners – but you only need to worry if you need to sell

Nov 09, 2022 03:41 am UTC| Economy Real Estate

It feels like a perfect storm is building. The rising cost of living and higher interest rates are putting household budgets under stress, and falling house prices could push some home owners into negative equity. On...

The UK's Homes for Ukraine scheme is failing both refugees and their hosts – here's why

Oct 13, 2022 12:13 pm UTC| Real Estate

The UK governments Homes for Ukraine refugee hosting scheme has seen more than 180,000 Ukrainians granted visas so far. With more than 7 million Ukrainians scattered across Europe, this has, of course, been the right thing...

If your landlord wants to increase your rent, here are your rights

Sep 10, 2022 08:02 am UTC| Life Real Estate

Inflation is pushing up interest rates. Interest rates are pushing up mortgage costs. Theres talk of a rental supply crisis. This means theres a good chance your landlord wants to increase your rent. So what are your...

Rent crisis? Average rents are increasing less than you might think

Sep 05, 2022 04:23 am UTC| Economy Real Estate

You wouldnt know it from the pages of our daily newspapers, but the rate of growth in rents has been pretty modest. Not everywhere, not for everyone, but for most Australians who rent. According to the most recent...

Tinkering with the mortgage market won't solve the UK housing affordability crisis

Jul 07, 2022 03:31 am UTC| Economy Real Estate

UK borrowers may see the return of larger, longer-term loans as the government plans a comprehensive review of the mortgage market with the aim of boosting access to finance for first-time buyers. Rather than addressing...

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Economy

Renault, Nissan agree on equal cross-shareholdings

Nissan and Renault have made their mutual cross-shareholdings equal at 15%, ironing out a source of friction in their alliance. The Renault Group will transfer shares equivalent to 28.4 percent of the 43.4 percent stake...

Japan prioritizing review of Alzheimer’s drug developed by Eisai, Biogen

The Japanese Ministry of Health, Labor and Welfare has granted priority review status to the Alzheimers disease drug, lecanemab, of Japanese drugmaker Eisai Co Ltd and U.S. biotech firm Biogen Inc. Once the priority...

McDonald’s tests robot-manned restaurant in US

McDonalds has opened its first restaurant almost without employees in White Settlement, a suburb of Fort Worth, Texas, USA. A video of this restaurant posted on Twitter shows that once a customer walks in, theres no one...

SPC Group's Paris Baguette inaugurates its 100th store in the US

Paris Baguette, the bakery franchise owned by South Koreas SPC Group, opened its 100th store location in the United States recently. The inauguration marks the bakery chains effort to accelerate its business...

Samsung Electronics unveils its largest experience store in India

Samsung Electronics Co. announces the opening of its experience store in North India. The South Korean company said that it is located at the most iconic landmark in New Delhi, which is Connaught Place. Samsung...

Politics

US: Biden administration to propose Obamacare expansion to cover birth control

The Biden administration this week proposed a new provision to the Affordable Care Act that would expand coverage to access birth control. The provision would be for women whose employers have opted out of contraceptive...

UK PM Sunak says acted 'decisively' in dismissing Conservative party chair Zahawi over tax case

British Prime Minister Rishi Sunak said his dismissal of Conservative Party chair Nadhim Zahawi was done decisively following the findings of the ethics probe over Zahawis tax affairs. Sunaks comments are part of efforts...

East China Sea: China coast guard drives away Japanese vessels off disputed islets

The Chinese coast guard said it has driven away Japanese vessels that were transiting through disputed islets in the East China Sea. The incident marks another flare in tensions between China and Japan over the...

Russia-Ukraine war: Zelenskyy visits Mykolaiv, meets with Danish PM Frederiksen

Ukrainian President Volodymyr Zelenskyy visited the southern territory of Mykolaiv this week to meet with Danish Prime Minister Mette Frederiksen. The meeting marks a rare instance a foreign leader visited an area close to...

Science

S. Korean researchers develop urine test that diagnoses cancer

A South Korean research team has developed a strip-type urine test that successfully diagnoses prostate and pancreatic cancer on-site by amplifying the optical signal of the metabolome in urine. The joint research team...

S. Korea to invest ₩275 billion in biopharma R&D projects

South Korea will invest 274.6 billion won in the bio-industry this year for 252 new RD projects in the four fields of biopharmaceuticals, healthcare, biomaterials, and medical equipment in 2023. According to South...

Scientists have started steering lightning with lasers – here's how

Lightning may look beautiful but every year it kills thousands of people, does huge amounts of damage to buildings and infrastructure, and causes power outages. The only protection we have is lightning rods, which were...

Our Solar System is filled with asteroids that are particularly hard to destroy, new study finds

A vast amount of rocks and other material are hurtling around our Solar System as asteroids and comets. If one of these came towards us, could we successfully prevent the collision between an asteroid and Earth? Well,...

Eisai, Biogen apply for Alzheimer's drug approval in Japan

Eisai Co. and Biogen Inc. hope to gain approval with the Japanese health ministry by the end of the year of an Alzheimers drug that could both treat the cause and slow symptom progression. The U.S. Food and Drug...

Technology

Osaka University designs anti-insect laser gun that could work on roaches too

A research team at Osaka Universitys Institute of Laser Engineering has created a blue laser diode gun that could target and lock on to insects weak spots before firing a precision beam. Led by Professors Hiroshi Fuji...

Intel loses $8 billion in market value after revealing dim forecast

Intel Corp saw about $8 billion wiped off its market value after it fanned fears in the personal computer market by predicting a loss for the first quarter and giving a revenue forecast of $3 billion below...

SK Telecom steps into AI coffee robot biz

SK Telecom is launching an unmanned coffee robot service dubbed AI Barista Robot in collaboration with Doosan Robotics Co. The robot can make about 20 different types of coffee and drinks and offers coffee that...

LG Innotek's net up 10.3% in 2022 on auto components demand

LG Innotek Co. posted a net income of 979.8 billion won in 2022, up 10 percent on-year, due to robust sales of high-value products and growing demand from automotive components. The company, an affiliate of LG group and...

Apple to operate own store in Malaysia

Apple has started hiring staff for its Malaysian retail business is preparing to open its first company-owned flagship in Malaysia in Kuala Lumpur. The company has posted job advertisements on its website for store...
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