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​UK Prime Minister David Cameron’s clinching a deal with 27 members of European Union, paved the way for UK’s referendum on EU on June 23rd. Mark your calendars. With poll showing close call and heavy weights like London mayor Boris Johnson joining the exit camp, it’s no telling upfront, which side may prevail. Just like Mr. Cameron, promised to campaign in favour of stay with heart and soul, we promise to bring our readers latest ins and outs, surrounding the referendum as well as UK asset class, FTSE 100, Gilts and Pound.​

Briferendum Series

Brexit harms startups but it may not be fatal

Jul 01, 2016 09:02 am UTC| Insights & Views Business

As the market turbulence starts to subside after Brexit, startups are worried that the UKs exit from the European Union might put access to venture capital and private equity at risk. Despite the UK ranking highly for...

Briferendum Series

UK food faces historic realignment after Brexit

Jun 30, 2016 13:14 pm UTC| Insights & Views Business

The situation created by the British vote to leave the European Union is momentous for UK food. It is on a par with the Repeal of the Corn Laws of 1846 when Britain decided its Empire could feed it, not its own farmers....

Briferendum Series

Referendum petition hack shows even democracy can be trolled

Jun 30, 2016 13:09 pm UTC| Insights & Views Politics

The electronic petition submitted to parliament calling for a second referendum on Britains exit from the European Union is a notable development in digital democracy. The number of signatories has passed 4m how many will...

Briferendum Series

Coalition likely to win following Brexit

Jun 28, 2016 20:49 pm UTC| Politics Insights & Views

The UKs vote to leave the European Union (Brexit) was known by the afternoon of the 24 June Melbourne time. The ReachTEL and Galaxy polls in the table were both taken entirely before the Brexit result was known. The one...

Briferendum Series

Why Britain's decision to leave the EU is bad news for Africa

Jun 28, 2016 20:11 pm UTC| Insights & Views Economy

The fallout from the UK referendum that ended in victory for those wanting the country to exit from the European Union (EU) is still reverberating around the world. But what does it mean for Africa? The decision will...

Briferendum Series

Post Brexit: does South Africa have the appetite to strike new trade deals?

Jun 28, 2016 20:01 pm UTC| Insights & Views

The UK has voted to leave the European Union (EU). South Africa has historical and very close trade ties with the UK. Most of these relations were inherited by the EU when South Africa signed a free-trade agreement with...

Briferendum Series

UK’s Osborne assures of contingency plan to deal with market volatility

Jun 28, 2016 11:35 am UTC| Commentary Economy

The United Kingdoms Chancellor Osborne has reassured the public that robust contingency plans have been put in place to deal with any potential fallout and address any market volatility that is expected to persist for some...

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Economy

Tesla announces the addition of Airbnb's Joseph Gebbia to its Board.

Tesla Inc. announced on Wednesday, Sept. 28, that Joseph Gebbia had joined the companys board. The newcomer is the co-founder of Airbnb vacation rental firm based in San Francisco, California. As per Reuters, Gebbias...

Lotte Chemical finally decided to buy Iljin Materials to expand in the global EV sector.

Lotte Chemicals is buying Iljin Materials copper foil company for KRW2.7 trillion or around $1.9 billion. This is a strategic acquisition deal as the Songpa-gu, Seoul-headquartered chemical company is aiming to become a...

Biogen is ending its kickback lawsuit with a settlement that will cost the company $900 million.

Biogen is set to pay a total of $900 million to settle a long-running lawsuit related to allegations of illegal payments to doctors. The biotech company based in Cambridge, Massachusetts, was said to have paid physicians...

Hertz, BP oil company sign a deal for the installation of EV chargers around the U.S.

Hertz car rental firm based in Estero, Florida, has teamed up with BP plc oil company to build electric vehicle charging stations across the United States. The plan is to install thousands of chargers as the number of EVs...

Samsung launches its credit cards in India with the aim of encouraging repeat purchases and increase sales.

Samsung Electronics introduced two new credit cards in India even when this line of business is already crowded in the country. It was reported that the South Korean conglomerate has entered the credit card scene in the...

Politics

Opposition leader Keir Starmer calls for the government to recall parliament and scrap plans for tax breaks.

The British opposition Labor Party leader Keir Starmer has called for the government to recall parliament and scrap plans to cut taxes and increase borrowing. Starmer said that the government should recall parliament...

The White House announced during its summit on hunger, nutrition, and health that the private sector has made $8 billion in pledges to combat the issue.

US President Joe Biden announced this week that the private sector had pledged $8 billion to fight hunger in the country. Hundreds of millions of dollars would be spent on ensuring meals after lawmakers failed to extend...

US-based Iranian journalist Masih Alinejad said the ongoing protests are a "result of 40 years of women fighting back."

Protests continue in Iran following the death of 22-year-old Mahsa Amini in the custody of the countrys Morality Police. A US-based Iranian journalist said Aminis death marks a tipping point for Iran. Speaking with...

The acting Afghan commerce and industry minister said Russia will supply Afghanistan with gasoline, gas, diesel, and wheat as part of its provisional deal.

Afghanistans acting Commerce and Industry Minister said the insurgent group has signed a provisional deal with Russia to supply gas, diesel, and wheat. This comes as the ministry is looking to diversify its trading...

Science

Celltrion will receive US$10 million in milestone payments after successfully passing key stages of the development and approval cycle.

South Koreas Celltrion Inc. will jointly develop and work on the market release with Abpro Corp. of the US on a breast cancer treatment candidate ABP 10 Under the deal, Celltrion will receive US$10 million in milestone...

Current Canadian and American management efforts do not go far enough to decrease entanglement hazards and encourage the recovery of the North Atlantic right whale.

The Monterey Bay Aquariums Seafood Watch program added the American red lobster, caught in both US and Canada to its red list. Other species also added to the list are the snow crab, Atlantic rock crab, and others that...

The microscope unit, which also manufactures industrial endoscopes and x-ray analyzers, will be transferred to Bain on January 4, subject to antitrust regulatory approvals in Japan and elsewhere.

Olympus had agreed to sell its microscope unit to private equity firm Bain Capital for $3.1 billion as it speeds up the overhaul of its business portfolio to focus solely on medical technology The microscope unit, which...

The research team discovered that steamed mealworms emit a strong, corn-like odor, and when grilled or fried, they gave off a shrimp and frying oil-like scent.

South Korean researchers from Wonkwang University have developed a new process that uses edible insects to create meat-flavored seasoning. The research team came up with 98 volatile compounds with varying amounts of...

The resulting thermoplastic resin could be purified through a distillation process to make food-grade potassium lactate.

Wind turbine blades could eventually be recycled into gummies according to a Michigan State University professor, This was discussed during the American Chemical Societys fall conference, which kicked off in Chicago...

Technology

Samsung could be removing the camera bump on all Galaxy S23 models

Samsung is still a few months away from launching its next lineup of flagship Galaxy phones. But it is not too early for Galaxy S23 leaks to start appearing online. A series of image renders were released recently,...

Ubisoft delays ‘Skull and Bones’ launch to March 2023

The saga of Skull and Bones getting delayed continues even though Ubisoft said its development is already completed. Instead of launching this year, the pirate game will now arrive in early 2023. Ubisoft ended the Skull...

CD Projekt Red announced it had already sold 20 million copies of ‘Cyberpunk 2077’

The string of good news for the developers of Cyberpunk 2077 continues as CD Projekt Red announced a major milestone on Wednesday. In under two years, 20 million copies of the game had been sold worldwide. Over 20...

Amazon launches Kindle Scribe, its first e-reader with reading and writing functionality

Amazon held its fall product launch event on Wednesday, where the company announced its first e-reader with notetaking functionality. Aptly named Kindle Scribe, the device will also ship with a stylus pen that never needs...

Netflix subscribers can now set up a unique username for their games

Netflix Games gained a new feature on Wednesday that allows subscribers to create a unique username that will be displayed in their games. The streaming giant also appears to be adding social features to multiplayer games...
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