Companies | Ideals

Bill To Outlaw Trade In Dog Meat Passed By The Parliament Of South Korea

South Korea's parliament passed a bill on Tuesday to ban the consumption and sale of dog meat, outlawing the contentious centuries-old practice amid increased support for animal welfare. ...

The Two Priciest Cities In The World Are Singapore And Zurich

The Economist Intelligence Unit (EIU) has announced that Singapore and Zurich were tied for the most expensive cities in the world this year, followed by Geneva, New York, and Hong Kong....

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...

Tesla’s Robotaxi Rollout Confronts Steep Operational and Regulatory Hurdles

Coinbase’s S&P 500 Triumph Signals New Era for Crypto Adoption

Tapering Tensions in Middle East Weighs on Gold as Ceasefire Hope Ripples Through Markets

Chinese Carmakers Drive into Africa to Capture Next Growth Frontier

Global High-End Brands Embrace Conceptual Stores to Revive Sales in China

Tesla’s Robotaxi Rollout Stumbles Amid Safety and Technical Hurdles

Oil Markets on Edge as Iran-Israel Truce Reshapes Price Dynamics

Xiaomi’s YU7 Electric SUV Ups the Ante in the Race with Tesla

Tesla’s European Struggles Deepen as Rivals Gain Ground

China’s Tight Grip on Rare Earth Exports Exposes Global Supply Vulnerabilities

Chinese Fashion Giant Shein Opts for Confidential Hong Kong IPO Filing to Safeguard Competitive Edge

Companies

Uber Enables Critical Food Deliveries In Ukraine

Uber has created a "private-label" version of its delivery technology to assist the United Nations in delivering food and water supplies to Ukraine's war-torn territories. The technology firm is collaborating with the United Nations World Food Programme (WFP). Large delivery trucks find it...

Buy Now Pay Later Announced By Apple As Part Of Its iOS 16 Plans

Apple is developing a buy now, pay later (BNPL) service as part of its upcoming iOS 16 operating system. Apple Pay Later will allow consumers in the United States to divide the cost of a purchase into four instalments over six weeks, with no interest or fees charged. It is one of several...

Lettuce Shortage Forces KFC Australia To Replace It With Cabbage

Lettuce is in low supply in Australia. That has forced the fast food giant KFC to use cabbage in its burgers and wraps instead of lettuce. Following the destruction of lettuce harvests by floods, the company informed clients that it is employing a mixture of lettuce and cabbage. It comes...

Elliott Associates Sues LME For $456 Million Over A Suspension In Nickel Trading: HKEX

Elliott Associates has filed a $456 million lawsuit against the London Metal Exchange (LME) following the suspension and cancellation of nickel trading on the platform controlled by Hong Kong Exchanges and Clearing Ltd, the Hong Kong bourse announced on Monday. LME and LME Clear Limited...

UniCredit Broadens Its Search For Buyers To Exit Russia

Italian bank UniCredit has expanded its search for a buyer for its Russian business beyond local investors as it prepares to exit the country, according to reports quoting sources. UniCredit held conversations with local bidders, but growing Western sanctions impeded those attempts,...

Elon Musk Plans To Reduce Tesla Workforce By 10%

Tesla CEO Elon Musk has a "very awful feeling" about the economy and believes the electric carmaker needs to eliminate approximately 10% of its salaried workforce, according to report by Reuters based on emails obtained by it On Thursday, he issued a note to executives outlining...

Credit Suisse Considers Capital-Raising Possibilities

Credit Suisse is in the early stages of examining possibilities to boost its capital after a spate of losses has depleted its financial reserves, according to a report published by Reuters quoting sources. The scale of the increase is expected to surpass one billion Swiss francs ($1.04...

Shell Is Negotiating With Indian Consortium To Divest Its Stake In Russian LNG Plant: Reports

According to reports citing sources, Shell is in talks with a group of Indian energy companies to sell its part in a major liquefied natural gas plant in Russia that the British giant abandoned following Moscow's invasion of Ukraine. The consortium's possible interest in the Russian...

Pfizer Will Sell Off Sell All Its Patented Drugs In Low-Income Countries At Nonprofit Price

Pfizer Inc announced on Wednesday that it will make all of its patented medications, including the COVID-19 therapy Paxlovid and the popular breast cancer drug Ibrance, available at a not-for-profit price to 45 of the world's poorest countries. These countries do not have easy access to...

Private Investment Firm KKR Sets Up Inaugural Asia Focused $1.1 Bln Credit Fund

KKR has secured $1.1 billion for financing its first Asia credit fund, which provides loan financing to businesses. This is one of the largest first-time fundraisings in Asia Pacific, according to the US private equity giant. Private credit funds have grown in popularity in Asia in...

Chipmaker Broadcom Negotiating With Vmware For An Acquisition; Reports

Chip making giant Broadcom Inc is currently holding negotiation to acquire cloud service provider VMware Inc, said report quoting sources with knowledge of the matter. If this deal goes through, it would help turn the chipmaker into a diversified tech company. The sources quoting in the...

Sexual Harassment Claim Against Musk And His Criticism By US Democrats Threatens Tesla Brand

Elon Musk has established a reputation for himself and Tesla by breaching the rules, but the billionaire's latest remarks on politics, as well as a charge of sexual harassment against him that he claims is false, may damage the brand of Tesla and himself as believed by some Tesla customers and...

Lifestyle

Bill To Outlaw Trade In Dog Meat Passed By The Parliament Of South Korea

The Two Priciest Cities In The World Are Singapore And Zurich

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

Tesla’s Robotaxi Rollout Confronts Steep Operational and Regulatory Hurdles

Coinbase’s S&P 500 Triumph Signals New Era for Crypto Adoption

Tapering Tensions in Middle East Weighs on Gold as Ceasefire Hope Ripples Through Markets

Chinese Carmakers Drive into Africa to Capture Next Growth Frontier

Global High-End Brands Embrace Conceptual Stores to Revive Sales in China

Tesla’s Robotaxi Rollout Stumbles Amid Safety and Technical Hurdles

Oil Markets on Edge as Iran-Israel Truce Reshapes Price Dynamics

Xiaomi’s YU7 Electric SUV Ups the Ante in the Race with Tesla

Tesla’s European Struggles Deepen as Rivals Gain Ground

China’s Tight Grip on Rare Earth Exports Exposes Global Supply Vulnerabilities

Chinese Fashion Giant Shein Opts for Confidential Hong Kong IPO Filing to Safeguard Competitive Edge

Uber Enables Critical Food Deliveries In Ukraine

Buy Now Pay Later Announced By Apple As Part Of Its iOS 16 Plans

Lettuce Shortage Forces KFC Australia To Replace It With Cabbage

Elliott Associates Sues LME For $456 Million Over A Suspension In Nickel Trading: HKEX

UniCredit Broadens Its Search For Buyers To Exit Russia

Elon Musk Plans To Reduce Tesla Workforce By 10%

Credit Suisse Considers Capital-Raising Possibilities

Shell Is Negotiating With Indian Consortium To Divest Its Stake In Russian LNG Plant: Reports

Pfizer Will Sell Off Sell All Its Patented Drugs In Low-Income Countries At Nonprofit Price

Private Investment Firm KKR Sets Up Inaugural Asia Focused $1.1 Bln Credit Fund

Chipmaker Broadcom Negotiating With Vmware For An Acquisition; Reports

Sexual Harassment Claim Against Musk And His Criticism By US Democrats Threatens Tesla Brand

World

WHO Faces Major Budget Cuts: The Impact on Global Health

UK Detects First Case of Bird Flu in a Sheep, Stoking Fears of Spread

2024: A Year Marked By Escalating Climate Extremes

First Severe Human Bird Flu Case In U.S. Highlights Growing Health Concerns; Emergency Declared

Methane Emissions From Tropical Wetlands: A Growing Threat To Global Climate Goals

People

When Allies Turned Adversaries: The Dramatic Implosion of the Trump–Musk Alliance

Trump Declines Further Debates As Harris Emerges As Debate Winner In Polls

Kamala Harris Targets GOP Economic Criticism With New Policy Proposals

Musk Gives To An Organisation That Supports Trump's Election: Bloomberg

New Study Finds People Who Were Class Bullies Could Make Higher Incomes In Their Middle Age