Month: August 2024
Hydrogen-powered planes are on the way – but how would they work?
As the aviation industry scrambles for ways to reduce its carbon footprint, hydrogen has emerged as a high-potential solution to its problems. So, how would the technology work? As the aviation industry scrambles for ways to reduce its carbon footprint, hydrogen has emerged as a high-potential solution to its problems. In 2022, aviation accounted for […]
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Intel’s 22% share plunge drags down global chip stocks from TSMC to Samsung
Pat Gelsinger, chief executive officer of Intel Corp., speaks during the Computex conference in Taipei, Taiwan, on Monday, June 4, 2024. Gelsinger took the stage at the Computex show in Taiwan to talk about new products he expects will help turn back the tide of share losses to peers, including AI leader Nvidia Corp. Photographer: Annabelle Chih/Bloomberg […]
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Nintendo profit plunges 55% as sales of its ageing Switch console fall sharply
Nintendo has kept players interested in its ageing Switch console series through key games with characters such as Super Mario and Zelda. Charly Triballeau | AFP | Getty Images Nintendo revenue and profit plunged in the company’s fiscal first quarter, as sales of the ageing Switch console decline. Here’s how Nintendo did in its fiscal […]
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Singapore’s monetary authority sets up review group in bid to revive its equities market
Key Points The group will focus on addressing market challenges, fostering listings, and facilitating market revitalization, as well as enhancing regulations to facilitate market growth and foster investor confidence. MAS said another key goal will be to identify methods for encouraging private sector participation, including from capital market intermediaries, investors and listed companies. Source
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Japan stock sell-off shows a ‘fundamental shift’ is underway, Goldman Sachs’ equity strategist says
A pedestrian looks at an electronic stock board outside a securities firm in Tokyo, Japan, on Tuesday, Dec. 25, 2018. Shoko Takayasu | Bloomberg | Getty Images Japan’s stock markets have hit a six-month low, declining for two straight days, after the Bank of Japan raised benchmark interest rates to their highest level since 2008. […]
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Why not all semiconductor firms are benefitting from the AI boom like Nvidia has
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., displays the new Blackwell GPU chip during the Nvidia GPU Technology Conference on March 18, 2024. David Paul Morris/Bloomberg via Getty Images Not all chip firms are benefitting from the boom in artificial intelligence, earnings show, underscoring the complexities of the semiconductor supply chain and […]
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Ice vests, extra breaks and slushies: Olympians are struggling to keep cool in the Paris heat
Britain’s Jack Draper cools himself with a bag of ice during a break in play against US’ Taylor Fritz during their men’s singles second round tennis match on Court Suzanne-Lenglen at the Roland-Garros Stadium during the Paris 2024 Olympic Games, in Paris on July 30, 2024. Martin Bernetti | Afp | Getty Images U.S. gymnastics […]
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Li Auto’s July deliveries hit a record as Chinese EV consumers prefer hybrid options
A newly released Li Auto L6 new energy vehicle is displayed at a store in Shanghai, China, on April 19, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese new energy vehicle company Li Auto announced Thursday it delivered a record number of cars in July, boosted by sales of its new, lower-cost Li […]
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Age is just a number for this 36-year-old academic who has danced her way to the Olympics
Australian Olympic breaking athlete Rachael Gunn poses during a portrait session in the Sydney central business district on April 17, 2024 in Sydney, Australia. Cameron Spencer | Getty Images Sport | Getty Images “Those who can, do; those who can’t, teach.” That quote from George Bernard Shaw, often thrown disparagingly at teachers, has been convincingly […]
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China’s first university degree in marriage offers courses like matchmaking and pre-divorce counseling
Newly-wed couples attending a group wedding ahead of ‘520 I Love You’ Day on May 19, 2024 in Nanning, Guangxi Zhuang Autonomous Region of China. China News Service | China News Service | Getty Images China is issuing its first university degree program in all things matrimony, and its curriculum includes wedding planning, matchmaking services […]
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