
Inflation: there's a vital way to reduce it that everyone overlooks – raise productivity
May 28, 2022 10:57 am UTC| Economy
Inflation has become one of the great issues of our times. The UKs is the highest in the G7, weighing in at 9% a year according to the most recent figures on consumer price inflation. When you look at the other common...
Bank holidays: how a day off work affects the economy
May 28, 2022 10:51 am UTC| Economy
The Queens platinum jubilee will be celebrated across the UK with parades, picnics and street parties. But perhaps the most popular event planned to mark her 70 years on the throne will be an extra day off...

McDonald's in Russia will re-open under a new name and it could be called 'Fun and Tasty'
May 28, 2022 05:54 am UTC| Business Economy
McDonalds has formally stopped its operations in Russia this month after temporarily suspending its business in March. With its exit, the fast-food chain has sold its restaurants to a local operator, and now it will be...

POSCO Chemical, GM announce Quebec as chosen site for joint cathode plant
May 28, 2022 05:26 am UTC| Business Economy
POSCO Chemical revealed on Friday, May 27, that it is building a new facility for the production of cathode worth $327 million. It has partnered with General Motors for this project, and they have picked Quebec, Canada, as...

Kakao's founder Kim Beom Su vacates chairman position at Brian Impact Foundation
May 28, 2022 05:10 am UTC| Business Economy
Kakaos founder and former chief executive officer, Kim Beom Su, has stepped down as chairman of the Brian Impact Foundation, a private charity foundation that was launched last year to help innovators in technology and...

Mastercard to expand in Latin America, Southeast Asia after Russia exit and India ban
May 28, 2022 04:32 am UTC| Business Economy
Mastercard is changing its target and will be focusing on Southeast Asia and Latin America for its expansion after withdrawing from Russia and getting banned from issuing new cards in India last year. The company also sees...

NFT Artwork on LG Display’s OLED screen auctioned off for US$6.2 million
May 27, 2022 23:38 pm UTC| Life Economy Business
The non-fungible token artwork created on LG Display Co.s transparent OLED screen in collaboration with Turkish media arts designer and director Refik Anadol was auctioned off for US$6.2 million. The NFT art collection...