Archive / Lead News - 2022
-
Buy now, pay later firm Klarna launches physical card in the UKSwedish fintech firm Klarna is embedding its “buy now, pay later” service into a physical card in the U.K. The company on Wednesday announced the...Microsoft to buy gaming giant Activision Blizzard for $69 bilMicrosoft on Tuesday announced a landmark $69 billion deal to buy U.S. gaming giant Activision Blizzard, betting big on the prospects of the video game...New vehicles to be rated on how they make drivers stay alertTwo organizations that influence many Americans’ automobile buying decisions will begin rating vehicles on how well they track behavior of motorists who use partially automated...New zero-twist towel pushes the envelope in China’s premium market segment.In June 2021, Karl Mayer launched its TM 4-TS EL terry knitting machine in China with a new working width of 210 inches and in...Investcorp's real estate deal volume in US hit $4bn in 2021Investcorp, the alternative asset manager that counts Mubadala Investment Company as its biggest shareholder, conducted real estate deals worth $4 billion in the US in...Asian shares mixed, extending Wall Street lossesShares were mixed Monday in Asia after Wall Street logged its worst week since the pandemic began in 2020. Benchmarks declined in Hong Kong, Seoul...China cuts lending rates, boosting property firmsChina further reduced bank lending costs Thursday in the latest move to boost its stuttering economy, providing some much-needed support to the country's beleaguered developers....JSAT study connectivity services from High-Altitude Platform Stations (HAPS)Airbus, Nippon Telegraph and Telephone Corporation (NTT), NTT Docomo Inc and SKY Perfect JSAT Corporation have jointly announced that they have begun studying the feasibility...LG launches new digital medical device for painLG Electronics is betting on the digital healthcare business after scrapping its money-losing smartphone line last year. The conglomerate announced Thursday that it had launched...UAE teams up with Schneider Electric to promote sustainability in manufacturing sectorThe Ministry of Industry and Advanced Technology joined hands with French energy services company Schneider Electric to enhance sustainability across the UAE’s manufacturing sector.The partnership...Airlines worldwide rush to change flights over U.S. 5G disputeSome flights to and from the U.S. were canceled on Wednesday even after AT&T and Verizon scaled back the rollout of high-speed wireless service that...The rise of Slow Travel: The best destinations for meaningful travel experiences around the worldAfter years of chasing our favorite destinations, flitting from country to country and trying to tick off as many countries as possible, the pandemic stopped...Best Small Bluetooth and Smart Speakers of 2022Size does matter, at least in the world of speakers. For reasons that have a lot to do with physics—speakers are basically machines that create...Inflation rises 7% over the past year, highest since 1982Inflation plowed ahead at its fastest 12-month pace in nearly 40 years during December, according to a closely watched gauge the Labor Department released Wednesday....Toyota yearly production target hit by chip shortageToyota, the world's top-selling carmaker, said Tuesday it no longer expects to meet its annual production target with operations hampered by the global chip crunch.A...Amazon ends ban on UK-issued Visa credit cardsAmazon said it will reverse its plan to stop accepting UK-issued Visa credit cards later this month after a row over high payment fees. The...Global unemployment expected to remain above pre-Covid levels until 2023, ILO saysGlobal unemployment is expected to remain above pre-coronavirus levels until at least 2023 as the pandemic continues to weigh heavily on global labour markets, according...Bahrain’s GFH spins off infrastructure assets to new unitGFH Financial Group, an investment bank based in Bahrain, is spinning off its infrastructure and property assets and forming a new company that will focus...Italy expects green energy exports to UAE to grow over 10 yearsItaly, the eurozone's third-largest economy, expects double-digit growth in the value of renewables industry components that Italian companies export to the UAE over the next...UAE among top five countries for gaming influencersThe UAE is ranked fifth globally for gaming influencers, with 13 per cent of those polled banking on these social media personalities, a study by...Polyethylene Pipes & Fittings Market by Trends, Key Players, Driver, Segmentation, Forecast to 2026Polyethylene Pipes & Fittings Market Size report is the best source that gives CAGR values with variations during the forecast period of 2020-2025 for the...Jordan's Fine branches out into nutrition supplements businessJordan’s Fine Hygienic Holding is branching out into the nutrition supplements business as it looks to build its wellness segment as part of a five-year...Hong Kong airport bans transit passengers from 153 nations, including IndiaGiven the current COVID-19 situation, Hong Kong airport has announced a ban on transit passengers from 153 countries (which is most of the world). The...Global sukuk issuances surge 36% in 2021 to $252.3bnGlobal sukuk issuances surged by 36.1 per cent in 2021 to $252.3 billion and are expected to continue to grow this year, according to a...Mitsubishi Motors to exhibit electric vehicles and SUVs at Tokyo Auto Salon 2022Under the theme of "The Next Era, The Next Adventure," Mitsubishi Motors Corporation will exhibit a total of seven models including two concept cars --...New dual action textile cooling technologyHeiQ Cool is being introduced as the first textile technology to deliver both instant contact cooling and continuous evaporative cooling.Addressing the importance of body temperature...Thailand to charge a fee of $9 from foreign touristsThailand has decided to go with a new rule for foreign tourists come April, 2022. According to the latest rules, Thailand is all set to...VR goggles soothe cows and help Turkish farmer produce more milkA Turkish farmer is using virtual reality goggles to up his game in farming. His cows wear virtual reality goggles that illuminate green pastures, boosting...UK launches talks with India over free-trade agreementThe UK has launched negotiations with India over a multibillion-pound trade deal that it hopes will bring tariff-free access to the country's fast-growing middle class....California reviews Tesla's 'self-driving car' tests for regulationsCalifornia is assessing whether Tesla's self-driving tests need regulatory oversight after "videos showing a dangerous use of that technology" and federal investigations into vehicle crashes,...More than 600,000 passengers cancelled December flights through Heathrow amid OmicronBritain's busiest airport Heathrow was hit hard by the fallout from the Omicron coronavirus variant in December when 600,000 passengers cancelled their travel plans. The...Ethiopian Airlines bullish about growth in 2022 with strong air cargo demandEthiopian Airlines expects 2022 to be a better year for the aviation industry than 2021, buoyed by strong demand for air cargo, but it said...HomeLane concludes ESOP buyback worth Rs 27 crore for employeesHome interiors company HomeLane has announced its employee stock option plan (Esop) buyback worth Rs. 27 crores, said a statement issued today. This is the...Artificial intelligence to influence top tech trends in major way in next five yearsArtificial intelligence will be the common theme in the top 10 technology trends in the next few years, and these are expected to quicken breakthroughs...Jamie Dimon sees the best economic growth in decades, more than 4 Fed rate hikes this yearJamie Dimon said the U.S. is headed for the best economic growth in decades. “We’re going to have the best growth we’ve ever had this...Asian stocks mostly lower, eyeing Fed, China Omicron casesDamage wrought by Hurricane Ida in the U.S. state of Louisiana and the flash floods that hit Europe last summer helped make 2021 one of...Jeep India positive about auto sector outlook; to launch new products in 2022Jeep India, which posted a robust 130 per cent volume growth last year despite a bumpy ride due to the pandemic, is positive about the...Explained: How Amazon’s battle with Reliance for retail dominance in India hit legal roadblockFor more than a year, Amazon.com Inc and India's Future Group have been locked in a complex legal stand-off that has stalled Future's $3.4 billion...As health concerns rise, car gadgets proliferateWith personal health a rising priority around the world, the auto industry is on the hunt for new gadgets and accessories to make the car...Chinese consumers stock up on EVs as subsidy deadline loomsWelcome to 2022 from Beijing. After the explosive growth last year in China's electric vehicle market, what could this year have in store for consumers?The...Replacement and Installation of WindowsCorrect installation of windows is possible only if all technological standards are observed. The guides contain standards, features, and procedures of such work. This is...Windsor Court announces Nordaq water purification systemWindsor Court Hotel, an elegant escape in the heart of New Orleans, announces a remarkable water purification system, Nordaq, in Le Salon, The Grill Room...CES show highlights: Robo-dogs, self-sailing boat, brain techThe CES tech show in Las Vegas closed its 2022 edition on Friday, after pushing ahead with a significantly downsized gathering despite surging COVID cases.Industry...A record 4.5 million workers quit their jobs in NovemberWorkers quit their jobs in record numbers in November while the total employment openings pulled back a bit, the Labor Department reported Tuesday.The so-called quits...travel luggage due for an upgrade, five high performance brands to considerMore so than any of the items you’ll pack for your holiday, your suitcase is here to stay. To travel smart is to select a...Citigroup will terminate unvaccinated workers by Jan. 31, a first among Wall Street banksCitigroup will be the first major Wall Street institution to enforce a vaccine mandate by terminating noncompliant workers by the end of this month.The bank...Hiring falters in December as payrolls rise only 199,000, though the unemployment rate fell to 3.9%The U.S. economy added far fewer jobs than expected in December just as the nation was grappling with a massive surge in Covid cases, the...Energy crisis: UK government set to help consumers facing higher billsUK Prime Minister Boris Johnson is preparing to unveil within weeks measures to help consumers facing rising energy bills.Ministers have concluded that “something needs to...Intel Arc May Miss Q1 2022 Launch WindowJust days after reaffirming its plan to launch Arc Alchemist discrete graphics processors in the first quarter of this year, Intel quietly removed any mention...Luxury carmaker Bentley reports a second consecutive year of record sales as other automakers struggleBentley Motors sold a record number of its luxury sedans and SUVs last year as much of the mainstream automotive industry struggled with supply chain...Bleached Coral Reefs Continue to Supply Nutritious SeafoodResearchers studying coral reefs damaged by rising sea temperatures have discovered an unexpected “bright spot” of hope for communities who depend upon them for food...CES 2022: Colour changing cars and remotes that eat wi-fiOne of the tech calendar's biggest annual events, CES, has been taking place in Las Vegas this week. The pandemic and fears over the spread...Ruler of Ajman approves $658m budget for 2022Ajman's Ruler Sheikh Humaid bin Rashid Al Nuaimi has approved a budget of Dh2.41 billion ($658 million) for 2022 – the largest in the emirate's...Asian shares mixed after tech-led decline on Wall StreetAsian markets were mixed Friday after more declines in big technology stocks pulled major indexes lower on Wall Street.Tokyo, Shanghai and Taiwan slipped but most...Hiring activity in India remained buoyant in December despite Omicron threat: Naukri.com surveyHiring activity in India remained buoyant across sectors in December despite the highly contagious Omicron variant of the Coronavirus spreading at a rapid pace globally...Samsung Electronics forecasts 52.5% jump in Q4 profits on record salesSamsung Electronics expects operating profits for the fourth quarter to soar 52.5 percent, the South Korean tech giant said in a statement on Friday, spurred...Spinnova is a Finnish wood fibre company that develops ecological technology for manufacturing pulp-based textile fibre.The sustainable fibre company Spinnova has successfully completed building its new pilot factory line in Jyväskylä, Finland. The pilot is an important step on Spinnova’s...POLITICS As the U.S. seeks to calm Russia tensions, Europe pushes to be includedThe United States and Russia are having key talks next week and the EU’s top diplomat is disappointed that the bloc will not be around...Asus recalls product after users 'smell smoke'Asus has been forced to issue a product recall after reports from some users that its motherboards were melting.Reports emerged on social media that a...Free trade deal 'will help UK remain among GCC’s major trade partners'A free trade agreement between the GCC and UK will boost bilateral trade and consolidate Britain's position as the bloc’s third-largest export market globally in...Fed officials now seeing U.S. job market near full recoveryThe U.S. job market is nearly at levels healthy enough that the central bank's low-interest rate policies are no longer needed, Federal Reserve officials concluded...Forensic Researchers Call for Proactive Efforts to Address RacismForensic researchers are calling for the research community to be more proactive about addressing systemic racism in the sciences—currently and historically—in order to address longstanding...Hiring intent still unruffled by Omicron threatHiring intent of India Inc may not be dented in the New Year despite an exponential rise in cases of the highly infectious Omicron variant...Thai beach made famous by Leonardo DiCaprio film reopens to touristsThe Thai beach made famous in Leonardo DiCaprio's movie The Beach has reopened to visitors after a 32-month closure.Maya Bay, on the island of Phi...CES tech fair opens under pandemic shadowThe Consumer Electronics Show threw open its doors to thousands Wednesday in Las Vegas despite surging COVID-19 cases in the United States, as one of...UAE companies keen to invest in semiconductor businesses and technical industries in USUAE companies are keen to invest in technical industries, semiconductor businesses and information technology projects in the world’s largest economy, according to a senior official...Kishida calls for aggressive wage hikes in push for wealth redistributionJapanese Prime Minister Fumio Kishida on Wednesday asked business leaders to raise wages more aggressively for employees as part of his pursuit of wealth redistribution.Ahead...Sustainable Silk Material for Biomedical, Optical, Food Supply ApplicationsWhile silk is best known as a component in clothes and fabric, the material has plentiful uses, spanning biomedicine to environmental science. In Applied Physics...CES 2022: annual tech trade show to open despite Covid-19 concernsThe Consumer Electronics Show 2022 – one of the biggest technology trade fairs in the world – is taking place but with fewer big companies...The Debt Panel: 'My salary was cut and I can't afford my loan repayments'I took out a Dh430,000 personal loan seven years ago. I was keeping up with the monthly instalments but my employer reduced my salary from...Cashfree Payments to double employee strength in 2022Payments and API banking solutions company Cashfree Payments (Cashfree) is looking to double its employee strength in 2022.The organisation aims to cross a headcount of...LOT’s of good news for Budapest Airport as New York link returns2021 ended with good news for Budapest Airport: LOT, the Polish carrier, has announced that it will re-launch direct flights between Budapest and New York...Abu Dhabi regulator teams up with Etisalat and Trend Micro to boost cyber securityAbu Dhabi Digital Authority has teamed up with the UAE's biggest telecom operator Etisalat and security software company Trend Micro to launch a programme aimed...Saudi Arabia seeks to broaden financial ties with the UKSaudi Arabia, the Arab world’s biggest economy, is planning to expand financial ties with the UK as part of a bilateral push to deepen trade...GE Lighting adds smart thermostats, security cameras and other bright ideasGE Lighting, a Savant company, today expands its smart home lineup with a smart thermostat, a temperature sensor, a suite of security cameras and a...Availability of cotton, rising prices worry textile industryHigh cotton prices this season has become a subject of concern to the domestic textile industry as the units are facing not only spike in...Why BlackBerry held the tiny keys to my heartMany vintage BlackBerry phones will stop working on Tuesday as the company turns off support for its operating system. For journalist Bill Wilson, it means...Oman approves 2022 budget with spending at $31.5bnOman has approved its annual budget for 2022, allocating 12.13 billion Omani riyals ($31.5bn) for spending, with a focus on basic public services, from health...British mortgage approvals sink to lowest level since June 2020Mortgage approvals fell to their lowest level since June 2020 in November as activity in the housing market eased following a rush last year caused...Business activity in Saudi Arabia improves in December despite Omicron concernsBusiness activity in Saudi Arabia’s non-oil private sector economy continued to expand in December despite a slowdown in growth as concerns about the rapid spread...NSO: Inouye Telescope project passes final construction reviewNational Science Foundation (NSF) recently convened an external review panel for the Final Construction Review (FCR) of the Daniel K. Inouye Solar Telescope Project. The...H10 Hotels opens its exclusive Ocean Eden Bay Hotel for Adults Only in JamaicaH10 Hotels has inaugurated Ocean Eden Bay, a newly built five-star resort in Jamaica for Adults Only luxury holidays. The new hotel is located on...Apple becomes first company to reach $3tn in valuationApple's stock-market value briefly rose above $3 trillion on Monday, shattering yet another record and underscoring how the Covid-19 pandemic has turbocharged Big Tech’s decades-long...Ways To Make Your Kitchen More Sustainable, Eco-FriendlyIf you want to cook delicious meals while staying eco-friendly, there are a few ways to do this to make your kitchen more sustainable.If you’re...Japan starts year's 1st day of work amid Omicron fearsJapan's central and local governments as well as many companies started the year's first day of work Tuesday amid growing fear over the Omicron variant...Best crochet yarnBefore you immerse yourself in the rewarding hobby of crocheting, you need to choose the right crochet yarn. Quality crochet yarn makes crocheting easier and...U.S. manufacturing production near three-year high in NovemberProduction at U.S. factories increased to its highest level in nearly three years in November as output rose across the board, providing a powerful boost...How to watch World Darts Championship: live stream PDC 2021-22 anywhereWhat better way to welcome in a new year than with the World Darts Championship? It's tradition! We've now reached the finale of the 2021-22...What are the best ways to invest your money in 2022?2021 was another great year for investors as the stock market shrugged off concerns about Covid-19 variants and resurgent inflation to fly higher for the...Record number of Japanese startups to be at CES 2022 in Las VegasThe Japan External Trade Organization (JETRO) says that 52 technology startups will showcase their innovations at CES 2022 from Jan 5-8 in Las Vegas. The...Saudi Ports Authority signs deal to ease settlement of commercial maritime disputesThe Saudi Ports Authority, better known as Mawani, has signed a preliminary agreement with the Saudi Centre for Commercial Arbitration to establish a framework to...Profit recovery from pandemic to keep Tokyo stocks on uptrend in 2022The Tokyo stock market is expected to maintain its upward momentum into 2022, as a continued rebound in corporate earnings will likely offset lingering concerns...CLIA statement regarding CDC elevating to Level 4 warning against cruise travelThe decision by the CDC to raise the travel level for cruise is particularly perplexing considering that cases identified on cruise ships consistently make up...Sheikh Mohammed bin Rashid approves $49.3bn Dubai budget for 2022 to 2024Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, approved the 2022 to 2024 budget of the emirate that allocates Dh181 billion ($49.28bn) of...Why intelligent government action is needed to solve the pandemic-induced inflation“Furious avarice which, with no thought for the human race, hastens to its own gain.” So the Roman emperor Diocletian described inflation, in his edict...Omicron hospitalization risk lower than delta, vaccines provide good protection, U.K. study saysPeople infected with omicron are less likely to require hospital treatment compared to patients who had delta, according to a large study published by U.K....UAE's first Six Senses hotel to open in Dubai in 2024Ultra-luxury operator Six Senses is opening its first UAE hotel and branded residences, set for a planned completion date towards the end of 2024.Six Senses...Bought your kid a VR headset for Christmas? You might end up regretting itParents who bought their children a virtual reality headset for Christmas could be in for a nasty surprise.Oculus, the VR division of Facebook parent company...Severe weather, omicron infections drive thousands more U.S. flight cancellationsAirlines canceled more than 2,600 U.S. flights on New Year’s Day as they faced severe weather across the country and a surge in omicron infections...Huawei expects 2021 revenue to drop by 28.9% as sanctions drag onChinese telecommunications giant Huawei said Friday it expects revenue for this year will come in at 634 billion yuan ($99 billion), a 28.9% drop from...Former U.S. Treasurer on the economy: ‘I’m much more optimistic about 2022’Count former U.S. Treasurer Rosie Rios among the experts who sees brighter days ahead for the U.S. economy. If she’s right, it could mean good...Samsung in talks to buy Biogen for $42 bil: reportShares of Biogen surged Wednesday following a report that South Korean giant Samsung Group is in talks to acquire the U.S. biotech company for more...Can India’s economy withstand a third Covid-19 wave?The rapid spread of the Omicron coronavirus variant among India's population of more than 1.3 billion people is not a good omen for the country's...Ikea to hike prices by 9% due to supply chain woesIkea will hike its prices by an average of nine percent this year due to ongoing supply and transportation disruptions, the company that operates most...Why will it take six months to see JWST’s first science images?The James Webb Space Telescope (JWST) is ready for launch from the Guiana Space Center in Kourou, French Guiana. More than 20 years in the...Hotel Equities announces the Home2 Suites by Hilton Whitestown Indianapolis NW is now openToday, Hotel Equities announced the opening of the Home2 Suites by Hilton Whitestown Indianapolis NW. The hotel, owned by Jetha Group and operated by Hotel...US banks ask staff to work from home as Omicron flares upJPMorgan Chase & Co, one of Wall Street’s staunchest advocates of returning to Manhattan skyscrapers, is offering employees the option of working from home in...South Indian spinners cannot pass on rising cotton prices upstreamDespite rising cotton prices, the prices of major varieties of cotton yarn were stable in the Mumbai and Tilpur markets amid sluggish demand from downstream...Sega builds 'world’s fastest gaming PC' and giving it away for free (processor speed unknown)There’s an entire generation of young gamers who only know Sega as a software publisher. For 18 years, though, the company also made home-use video...Why space stocks need a bit of Elon Musk's charismaSpace stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might...Masdar to develop Georgia’s largest solar power plantMasdar has signed an agreement to develop Georgia’s largest utility scale solar power plant, as the Abu Dhabi clean energy company expands its portfolio globally.The...Make your Zoom job interviews more impactful, close all tabs before the meeting startsSo much in the world of work changed in the last two years, but Lynne Oldham, chief people officer at Zoom Video Communications Inc, says...Marriott to open two hotels in Saudi Arabia's historic Diriyah districtMarriott International has announced plans to open two luxury hotels in Saudi Arabia’s Diriyah.The properties will be located near the Unesco World Heritage site at...TikTok moderator sues over 'psychological trauma'A former TikTok moderator is suing the company, claiming it failed to protect her mental health after "constant" exposure to traumatic video content.Candie Frazier says...Asia looks to China-focused RCEP trade bloc as it seeks to recover from coronavirusMembers of a China-centred Asian trade bloc that takes effect on January 1 are hoping the initiative, encompassing about a third of world trade and...The Versatility & Capability of Regenerative Turbine PumpsAutogas or liquified petroleum gas (LPG) is a mixture of propane and butane. This fuel source can be stored and transported as a liquid but...