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Lifestyle

Pocket wallets vs. smartphones: Can we replace cash with digital currencies?

Pocket wallets vs. smartphones: Can we replace cash with digital currencies?
The more than a decade-long history of cryptocurrency has clearly demonstrated that the world is keen on the new form of money. The crypto frenzy has even prompted leading central banks to work on...

Researchers Suggest Previous Studies On Smartphone Addiction May Be Flawed

Researchers Suggest Previous Studies On Smartphone Addiction May Be Flawed
Researchers are now suggesting the there are some serious flaws in a large majority of studies and surveys that have been conducted in recent times which examines the impact on the psychological...

Myth Of Positive Health Impact Of Moderate Drinking Debunked In New Study

Myth Of Positive Health Impact Of Moderate Drinking Debunked In New Study
Earlier studies which had given rise to the notion that one or two drinks a day might protect against stroke have been negated in the results of a major genetic study which has also claimed a very...
Most Popular

The Rise of India and the Decarbonisation of its Economy

Protests And Strikes Rocked Amazon During Black Friday Sales Throughout Europe

Barclays Could Lay Off Up To 2,000 Workers As Part Of Its $1.25 Billion Cost Reduction Strategy

By Year's End, X Might Lose Up To $75 Million Due To Advertiser Leaving The Platform

On China's Singles Day, Apple's Sales Volume Trails That Of Huawei And Xiaomi, Data Shows

Better 'Genuine' Content Or Slick Videos? The Ongoing Israel-Gaza Conflicts On X And TikTok

China's Oil And Gas Companies Are Accused By Greenpeace Of "Greenwashing" LNG Acquisitions

ByteDance Announces Plans To Reorganise Nuverse As It Exits The Gaming Industry

OpenAI Researchers Alerted The Board To An AI Discovery Before To The CEO's Dismissal: Reports

Beijing Police Starts Investigating Zhongzhi, A Struggling Wealth Management Firm

Ola Electric In India Is Feeling The Pressure Of Success And Its Like Tesla With Two Wheels

China's Shein files for US IPO in major test for investor appetite -sources

Latest News

Ola Electric In India Is Feeling The Pressure Of Success And Its Like Tesla With Two Wheels

Volkswagen Is Cutting Staff At Its "Non-Competitive" VW Brand

Reader's Pick

Stolen Boeing Data Published By The Lockbit Hacker Group 11/11/2023

Talks About Google Investing In An AI Startup Character.AI- Reuters 11/11/2023

Wegovy, A Weight Loss Medication From Novo Nordisk, Reduces The Risk Of Major Cardiac Events 12/11/2023

The Rise of India and the Decarbonisation of its Economy 22/11/2023

Alibaba Lost $20 Billion In Market Value When It Decided Not To Float Its Cloud Computing Company 18/11/2023

Latest Business News
Ola Electric In India Is Feeling The Pressure Of Success And Its Like Tesla With Two Wheels

Ola Electric In India Is Feeling The Pressure Of Success And Its Like Tesla With Two Wheels

Companies

India's Elon Musk, Bhavish Aggarwal, is rushing to launch millions of electric scooters and propel his country towards a cleaner future. However, some of his mechanics are unable to keep up.   Aggarwal compares Ola Electric to Tesla in the West, and the company is rapidly heading towards a public market offering. In just two years, Ola Electric's sales of e-scooters went from zero to...
Volkswagen Is Cutting Staff At Its "Non-Competitive" VW Brand

Volkswagen Is Cutting Staff At Its "Non-Competitive" VW Brand

Companies

Part of Volkswagen's 10 billion euro ($10.9 billion) savings plan would include personnel cutbacks, company managers informed employees. Thomas Schaefer, the brand boss, issued a warning, stating that the company's cars were becoming less competitive due to high prices and insufficient productivity.   The German automaker is currently negotiating a cost-cutting plan for its VW brand...
China's Shein files for US IPO in major test for investor appetite -sources

China's Shein files for US IPO in major test for investor appetite -sources

Companies

According to two people familiar with the subject, the fashion firm Shein has quietly registered to go public in the US. This makes it likely to be one of the most valuable China-founded companies to list in New York.   The IPO will be led by Goldman Sachs, JPMorgan Chase, and Morgan Stanley, and Shein, a Singaporean company, may begin selling fresh shares for sale as early as 2024,...
China's Oil And Gas Companies Are Accused By Greenpeace Of "Greenwashing" LNG Acquisitions

China's Oil And Gas Companies Are Accused By Greenpeace Of "Greenwashing" LNG Acquisitions

Companies

Greenpeace, the global environmental organisation, said on Monday that large oil and gas corporations in China and other countries are "greenwashing" their natural gas imports by utilising cheap carbon offsets, all the while not adhering to strict emission reduction targets.   Long-term contracts with Shell have been negotiated by companies such as PetroChina and CNOOC Gas and Power...
ByteDance Announces Plans To Reorganise Nuverse As It Exits The Gaming Industry

ByteDance Announces Plans To Reorganise Nuverse As It Exits The Gaming Industry

Companies

TikTok creator ByteDance intends to discontinue its Nuverse gaming brand and leave the mainstream video game industry, according to reports quoting information from people with knowledge of the situation.    Without providing any additional information, ByteDance informed Reuters that it has chosen, upon examination, to restructure its gaming division.   "We regularly...
Better 'Genuine' Content Or Slick Videos? The Ongoing Israel-Gaza Conflicts On X And TikTok

Better 'Genuine' Content Or Slick Videos? The Ongoing Israel-Gaza Conflicts On X And TikTok

Companies

Old or young. X or TikTok. pro-Palestinian or pro-Israel. You are the only one on your social media feeds. Are they influencing your perception of the Israel-Gaza conflict?   Two videos play one after the other when I open my TikTok feed. The first features four Israeli soldiers dancing while brandishing firearms under a clear blue sky. The other features a caption that is overtly...
Beijing Police Starts Investigating Zhongzhi, A Struggling Wealth Management Firm

Beijing Police Starts Investigating Zhongzhi, A Struggling Wealth Management Firm

Companies

Leading Chinese wealth manager Zhongzhi Enterprise Group is the subject of a police investigation in Beijing, as per a social media statement on Saturday by the Chaoyang Public Security Bureau.   Zhongzhi threatened to rekindle investor concerns that China's property debt crisis is spreading to the wider financial sector when it announced earlier this week that it is substantially...
Australian Ranchers Are Giving Away Sheep For Free As There Is Excess Of The Animals

Australian Ranchers Are Giving Away Sheep For Free As There Is Excess Of The Animals

Markets

Due to the surplus of mutton in Australia, prices have plummeted, and some farmers are choosing to give away or cull their sheep rather than raise them on the farm in order to save money.   According to data from Meat and Livestock Australia (MLA), mutton prices have dropped 70% in the last year to $1.23 per kg.   “Australia has had several very good seasons over the past few years,...
By Year's End, X Might Lose Up To $75 Million Due To Advertiser Leaving The Platform

By Year's End, X Might Lose Up To $75 Million Due To Advertiser Leaving The Platform

Companies

The New York Times revealed on Friday that Elon Musk's social network business X may lose up to $75 million in advertising revenue by the end of the year as a result of numerous big firms pausing their marketing initiatives.   Many businesses, including Walt Disney and Warner Bros. Discovery, have halted their adverts on the website formerly known as Twitter as a result of Musk endorsing...
Barclays Could Lay Off Up To 2,000 Workers As Part Of Its $1.25 Billion Cost Reduction Strategy

Barclays Could Lay Off Up To 2,000 Workers As Part Of Its $1.25 Billion Cost Reduction Strategy

Companies

Barclays is developing plans to save up to 1 billion pounds ($1.25 billion), which may entail eliminating up to 2,000 people, mostly in the British bank's back office, according to a source with direct knowledge of the plans who spoke to Reuters.   Under the direction of Chief Executive C.S. Venkatakrishnan, also referred to as Venkat among the bank, managers at Barclays are evaluating...
Protests And Strikes Rocked Amazon During Black Friday Sales Throughout Europe

Protests And Strikes Rocked Amazon During Black Friday Sales Throughout Europe

Companies

On one of the busiest shopping days of the year, protests against the working conditions at the American e-commerce behemoth, Amazon, gathered momentum on Friday, when employees at many locations throughout Europe went on strike.   "Make Amazon Pay", a campaign coordinated by the UNI Global Union, said strikes and protests would take place in more than 30 countries from Black Friday - the...
On China's Singles Day, Apple's Sales Volume Trails That Of Huawei And Xiaomi, Data Shows

On China's Singles Day, Apple's Sales Volume Trails That Of Huawei And Xiaomi, Data Shows

Companies

According to statistics from Counterpoint Research, Apple reported a drop in smartphone sales during China's recent Singles Day shopping event, while local rivals Huawei and Xiaomi saw sharp rises.   During the two weeks of sales from October 30 to November 12, 4% less Apple devices were sold than the previous year, according to a research consultancy released on Thursday. Comparatively,...

World

Brazil Joins The Global Climate Accord To Increase Renewable Energy Usage By Three Folds

Brazil Joins The Global Climate Accord To Increase Renewable Energy Usage By Three Folds
Brazil has joined a potential agreement supported by the United Arab Emirates, the United States, and the European Union to treble the amount of renewable energy produced globally by 2030 and move...

The Rise of India and the Decarbonisation of its Economy

The Rise of India and the Decarbonisation of its Economy
Ranked 14th in the world for gas consumption in 2022, with a growing dependence on imports, India plans to further increase its use of LNG. This appetite stems from both the economic development of...

Temperatures Are Rising As The El Nino Weather Trend Is Back

Temperatures Are Rising As The El Nino Weather Trend Is Back
After the El Nino weather pattern erupted in the tropical Pacific for the first time in seven years on Tuesday, the World Meteorological Organisation predicted that temperatures will spike in many...

UN Food Agency Informs Hike In Global Food Prices - A First Time In Nine Months

UN Food Agency Informs Hike In Global Food Prices - A First Time In Nine Months
The UN Food and Agriculture Organization's world price index climbed in April for the first time in a year, although it is still 20% lower than a record high set in March 2022 following Russia's...

IMF's Chief Says Ukraine Is Just "Weeks" Away From Receiving Full Support Program

IMF's Chief Says Ukraine Is Just "Weeks" Away From Receiving Full Support Program
According to Kristalina Georgieva, managing director of the IMF, a comprehensive program of support for Ukraine is still several weeks away from being finalized.   This comes hours after the...

People

Survey Finds 80% Employees In Asia Face Moderate To High Risk For Mental Health Issues

Survey Finds 80% Employees In Asia Face Moderate To High Risk For Mental Health Issues
Employees in Asia are under "significant mental health strain," with 82% at moderate to high risk of being depressed.   According to a recent study by insurance broker Aon and TELUS Health,...

The Way Bankman-Fried Of FTX Obtained A $250 Mln Bail

The Way Bankman-Fried Of FTX Obtained A $250 Mln Bail
On Thursday, FTX founder Sam Bankman-Fried agreed to a bail deal that would see him released on a $250 million bond secured against his parents' property, with movement restrictions.  ...

Majority Of Elon Musk’s Twitter Followers Do Not Want Him As Twitter Chief, Shows A Musk-Conducted Pool

Majority Of Elon Musk’s Twitter Followers Do Not Want Him As Twitter Chief, Shows A Musk-Conducted Pool
Less than two months after taking over as CEO of the social media platform, Elon Musk faced backlash from Twitter users who voted in a poll for him to resign.   According to the poll the...

Elon Musk Looses Position As The World's Richest Individual

Elon Musk Looses Position As The World's Richest Individual
Tesla CEO Elon Musk is no longer the world's richest person. According to Forbes, he handed over that title to LVMH chairman and CEO Bernard Arnault at the end of the day on Monday.   Tesla...

Reasons Why One Should Use A New Login, Passwords Quickly Following Microsoft’s Latest Data On Hacks

Reasons Why One Should Use A New Login, Passwords Quickly Following Microsoft’s Latest Data On Hacks
If your password has recently been compromised, you are not alone.   The number of password attacks has risen to an estimated 921 per second. According to the most recent Microsoft Digital...