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...

Growing Hostilities In The Middle East Are A New Shock To Global Markets

This Week's Tech Earnings Explosion Highlights The Mounting Issues At Google And Tesla

Slowing EV Growth Forces GM And Ford Rely On Gasoline-Powered Trucks

Trades In Bitcoin Ignore "Halving" In Favor Of More Significant Market Dangers

Netflix Will No Longer Release Subscriber Numbers As The Streaming Conflicts Fade

Nissan Lowers Its Projected Yearly Operating Profit By 14.5% Due To Slow Sales

Governments Need To Mediate Local Support For Miners, According To An Industry Organisation

TikTok Divesting Or Ban Bill Passed By US Senate; Biden Will Sign It Into Law

Tesla Abandons The All-New Model 2 In Favour Of "More Affordable" Vehicles

Due To Concerns About Its Growth And Product Strategy, Tesla Is Anticipated To Report A Smaller Profit Margin

UBS Predicts The Big Six Internet Giants' Profit Momentum Will "Collapse" By 2024

Tesla Lowers Pricing After US Cutbacks In China, Germany, And Other Countries

Companies

New Business Growth Areas Like A.I. And 5G Would See $22 Billion Investment From Samsung

Plans of investments worth 25 trillion Korean won ($22 billion) is being planned by South Korea’s largest conglomerate Samsung Group. Primarily led by investments by sister company Samsung Electronics, this huge amount of investments would be made over a period of three years into a number of new...

Tesla Could Be Taken Private, Tweets Elon Musk, Shares Rise

Tesla shares spiked following a tweeter comment by its CEO Elon Musk that he is contemplating taking the company private. The out-of-the blue announcement by Musk was in keeping with the unorthodox style followed my Musk and in keeping with his trend of surprising the markets and...

Chinese State Media: Google Welcome In China If It Follows Laws

An opinion piece published in the state-backed newspaper People's Daily welcomes Google into China provided that the US tech giant follows the law. This piece was published after there were reports that Google is contemplating launching of censored model of its search engine in the country. ...

Domino's Pizza Shares Fall, Company Reports Discouraging Profits Due To Rising Overseas Costs

Shares of Domino’s Pizza Group dropped to a eleven month low after the company reported an almost 10 per cent fall in pre-tax profit for the first half of the current fiscal year primarily because of increasing costs of overseas operations particularly in Norway, despite the firm reporting an...

Record Loss For Q2 Reported By Tesla, Yet Sees Increase In Its Shares

Despite reporting record breaking losses for the second quarter of the current year at $717.5 million, there was a surprise increase in the share price of electric car maker Tesla. Many see this as a result of an apologetic and restrained performance by the company’s chief executive, Elon Musk,...

Europe Heatwave Hits Summer Bookings Of Thomas Cook

The heatwave prevailing throughout Europe this summer has impacted the profits of the tour operating giant Thomas Cook. The heat has resulted in more people choosing to stay in the comfort of their homes instead of booking holidays at the last minute with their entire families. Despite the...

Honda Reports Record Q1 Results, Wards Off U.S. Tariff Impact

So far there has been limited impact of the U.S. steel and aluminum import tariffs on the bottom line of Honda Motor, the company said. The vehicle maker reported an increase in the profits for the second quarter which was the highest in over a decade. The record results were driven by North...

Samsung’s Profit Growth Weighed Down By Its Mobile Business Issues

Samsung Electronics Co Ltd warned investors of tough times because of increased competition for the mobile sector after it reported its worst quarterly profit growth rate in over a year partly because of slow sales of its Galaxy S9 smartphones. Compared to a year ago, there was a 34 per...

Starbucks To Deliver Coffee In China In Partnership With Alibaba

According to a report published in the Wall Street Journal, Starbucks is entering the food and beverage market in China through a partnership with Chinese e-commerce giant Alibaba Group Holding Ltd. This move follows a slowdown in the earning in the second quarter. The newspaper reported...

Thomas Cook Seeks To Split With Airline Business: Media Report

There is a possibility that the 177-year old travel company Thomas Cook could be broken up as the firm has been reportedly holding talks for selling off a part of the airline that it operates according to media reports According to a The Times newspaper of the United Kingdom, the company...

Maker Of The World’s Biggest Plane Is To Be Bailed Out By Boeing

Ukrainian plane maker Antonov will be rescued by Boeing as announced by the company. The Ukrainian plane company is known to manufacture the largest air planes in the world. The company had earlier significantly depended on import and usage of plane parts form Russia. However, that...

Twitter Share Plunge As Company Reports Reduced Active Users Despite Great Revenues

Twitter Inc warned that the number of monthly active users would fall in the coming days because the company would be deleting fake accounts. The company also announced that this number had been lower than what analysts expected for the second quarter. This resulted in the share so the company...

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?

Growing Hostilities In The Middle East Are A New Shock To Global Markets

This Week's Tech Earnings Explosion Highlights The Mounting Issues At Google And Tesla

Slowing EV Growth Forces GM And Ford Rely On Gasoline-Powered Trucks

Trades In Bitcoin Ignore "Halving" In Favor Of More Significant Market Dangers

Netflix Will No Longer Release Subscriber Numbers As The Streaming Conflicts Fade

Nissan Lowers Its Projected Yearly Operating Profit By 14.5% Due To Slow Sales

Governments Need To Mediate Local Support For Miners, According To An Industry Organisation

TikTok Divesting Or Ban Bill Passed By US Senate; Biden Will Sign It Into Law

Tesla Abandons The All-New Model 2 In Favour Of "More Affordable" Vehicles

Due To Concerns About Its Growth And Product Strategy, Tesla Is Anticipated To Report A Smaller Profit Margin

UBS Predicts The Big Six Internet Giants' Profit Momentum Will "Collapse" By 2024

Tesla Lowers Pricing After US Cutbacks In China, Germany, And Other Countries

New Business Growth Areas Like A.I. And 5G Would See $22 Billion Investment From Samsung

Tesla Could Be Taken Private, Tweets Elon Musk, Shares Rise

Chinese State Media: Google Welcome In China If It Follows Laws

Domino's Pizza Shares Fall, Company Reports Discouraging Profits Due To Rising Overseas Costs

Record Loss For Q2 Reported By Tesla, Yet Sees Increase In Its Shares

Europe Heatwave Hits Summer Bookings Of Thomas Cook

Honda Reports Record Q1 Results, Wards Off U.S. Tariff Impact

Samsung’s Profit Growth Weighed Down By Its Mobile Business Issues

Starbucks To Deliver Coffee In China In Partnership With Alibaba

Thomas Cook Seeks To Split With Airline Business: Media Report

Maker Of The World’s Biggest Plane Is To Be Bailed Out By Boeing

Twitter Share Plunge As Company Reports Reduced Active Users Despite Great Revenues

World

Global Warming Causes The First 12-Month Period Above 1.5C

2023 Was The Second-Warmest Year Ever For The UK

Fury And Dissatisfaction As The COP28 Draft Language Leaves Out The Phase-Out Of Fossil Fuels

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

The Rise of India and the Decarbonisation of its Economy

People

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

In A New York Corporate Fraud Lawsuit, Trump Slapped Fines And Interest Of $454 Million

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

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

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