US beef exports expected to rise due to demands from China, Hong Kong, and Mexico
Mar 01, 2021 23:36 pm UTC| Economy
US beef exports are expected to increase in 2021 and post their second-highest level after the 2018 figures with soaring demand from China and Hong Kong and recovery of exports to Mexico. The US exported 2,566.7 million...
Chinese investment in Australia plunges 61% in 2020
Mar 01, 2021 21:57 pm UTC| Economy
Chinese investment in Australia declined 61 percent to just over $780 million in 2020 amid a diplomatic rift. There were only 20 Chinese investments made in 2020, way below the 111 recorded in 2016. Last years...
UK wind farm with 187-meter Vestas turbines begins power production
Mar 01, 2021 20:01 pm UTC| Economy
The UKs 857 megawatts (MW) Triton Knoll Offshore Wind Farm using 9.5 MW Vestas turbines with tip heights of around 187 meters has begun producing power. Once fully operational, the wind farm located in the North Sea...
Imported commercial vehicle sales in S. Korea rise 15% in January
Feb 27, 2021 00:44 am UTC| Economy
Sales of imported commercial vehicles in South Korea rose 15 percent to 436 units last month from 379 the year before, according to the Korea Automobile Importers and Distributors Association (KAIDA). The increased...
S. Korea's 5G users up by 1.02 million in January
Feb 27, 2021 00:28 am UTC| Economy
South Korea registered 12.87 million 5G subscriptions as of end-January, up 1.02 million from the previous month, according to the data from the Ministry of Science and ICT. It was the first time for the increase in 5G...
Mitsubishi to pull out of $2 billion coal project in Vietnam
Feb 27, 2021 00:14 am UTC| Economy
Mitsubishi Corp. will pull out of the $2 billion, 2-gigawatt Vinh Tan 3 power plant project in Vietnam as it shifts away from carbon-intensive businesses in the face of climate change. The Vinh Tan 3 project is located...
What's behind $15,000 electricity bills in Texas?
Feb 26, 2021 14:49 pm UTC| Economy
Texans who made it through Februarys extreme cold weather without losing power or natural gas must have felt lucky. But for some, keeping their electricity through the blackout may turn out to be more traumatic than...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects