WeWork Casts Doubt on Survival in Recent SEC Filing Amid Declining Membership
Aug 10, 2023 09:43 am UTC| Economy Investing Business
WeWork has sounded the alarm over its ability to continue operating following its recent SEC filing that reveals deep financial struggles, plummeting memberships, and pressing cash requirements. The company, once valued at...
Toshiba Announces 2 Trillion Yen Tender Offer for Privatization Led by Japan Industrial Partners
Aug 08, 2023 06:51 am UTC| Investing Business Economy
Amid financial setbacks, Toshiba Corp. has unveiled a 2 trillion yen tender offer to transition private, steered by a coalition of major Japanese financial institutions and enterprises under Japan Industrial Partners. The...
STX Corp. Taps Into World's Largest Nickel Reserves in Indonesia for EV Battery Market Growth
Aug 04, 2023 09:16 am UTC| Economy Investing Business
South Koreas STX Corp. has strategically partnered with an Indonesian firm to establish a nickel plant in Indonesia, expanding its influence in the rapidly growing electric vehicle (EV) battery industry. The move...
Bandai Namco Launches AI-Powered NFT Pet Game 'RYUZO' on Oasys Network
Aug 04, 2023 06:07 am UTC| Business Investing Digital Currency
Bandai Namco Research Inc. ventures into blockchain gaming by unveiling its AI-powered virtual pet NFT game RYUZO on the Oasys Network. Bandai joins gaming giants Sega and Ubisoft in leveraging the benefits of blockchain...
Exxon Mobil Seeks Lithium Supply Deals with Tesla, Ford, Volkswagen Amid EV Boom
Aug 01, 2023 09:49 am UTC| Economy Investing Business
Exxon Mobil, an oil industry leader, is reportedly discussing with automakers Tesla, Ford, and Volkswagen to supply lithium for electric vehicle batteries. The talks, still in preliminary stages, reveal Exxons swift push...
Jul 31, 2023 11:13 am UTC| Economy Investing Business
Hyundai and Kia sustain market momentum, capturing a combined U.S. market share of 10.6% in H1 2023, according to Automotive News. Their robust growth, fueled by strong vehicle sales and resilient EV performance, counters...
British Museum, The Sandbox Partner to Digitize History in the Metaverse
Jul 29, 2023 08:15 am UTC| Business Digital Currency Investing
The British Museum partners with The Sandbox, an online gaming platform, to introduce the worlds largest collection of human history, art, and culture to the Metaverse. This collaboration aims to provide global audiences...
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’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects