Archive / Business - 2022
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Peloton to stop making its own bikes, treadmillsPeloton will stop making its own interactive stationary bikes and treadmills, outsourcing those duties to a Taiwanese manufacturer as it attempts to revive sales that...Amazon to create 4,000 new UK jobs this yearAmazon has announced plans to create more than 4,000 new permanent jobs across the UK this year. The extra roles will bring the online retailer's...Digital Printing Packaging Market Development Status, Competition Analysis, Type and Application 2031Future Market Insights delivers vital insights on the digital printing packaging market, in its published report, which includes global industry analysis during the forecast period...Brand New Vehicle By CHERY Ready to Launch in Spain?According to statistics released by the China Association of Automobile Manufacturers, in June 2022, Chinese automobile manufacturers exported 249,000 vehicles a month, breaking the 200,000...This Clever TikTok DIY Is the Secret to Renter-Friendly Pendant LightingIf you need to refresh the lighting in your room without breaking the bank, it’s possible (and can be a fun challenge) to swap out...Shuaa Capital to merge real estate operations with UK-based NorthacreShuaa Capital will establish a new UK-based entity by consolidating its real estate-related investment management, development management and asset management business under one platform, the...Schneider Electric Releases Solar Solutions That Provide Clean Power to Communities With Limited Access to EnergySchneider Electric, the leader in the digital transformation of energy management and automation, which was named the world’s most sustainable corporation by Corporate Knights Global...Dubai to raise share of renewables to 14% of energy mix by end of yearDubai will raise the share of renewables in its energy mix to 14 per cent by the end of 2022, as part of the emirate's...FMCG, electronic goods see lower sales in June vs MayIndia’s fast-moving consumer goods (FMCG) market fell 1% in value while sales of electronic goods such as air-conditioners and refrigerators dipped 25% in June from...Tesla deliveries fall for the first time in two yearsTesla delivered 254,695 cars worldwide in the second quarter, ending a two-year streak of gains after a coronavirus-related shutdown at its factory in Shanghai affected...Contemporary trends in lighting up hotelsHospitality is about creating the perfect ambience and mood, transporting the users into a magical world of luxury, beauty, and cosiness. The hotel industry is...JPMorgan predicts $380 oil on worst-case Russian output cutsGlobal oil prices could reach a “stratospheric” $380 a barrel if US and European penalties prompt Russia to inflict retaliatory crude output cuts, JPMorgan Chase...Kohl’s says a real estate sale is on the table after scrapping deal talksKohl’s might not be selling its business after all. But it’s now looking to sell some of its real estate, reversing its prior stance. The...Compass opens new flexible office space in TokyoCompass Offices, a leading flexible office space provider in Asia Pacific, will open the Yotsuya N Club business center on July 1 to expand its...HOW TO CHOOSE THE RIGHT LIGHTING FOR YOUR BATHROOMWhen selecting light fixtures for your bathroom, you need to be sure that critical areas are well lit. You also have to choose fixtures that...Did corporate greed fuel inflation? It's not biggest culpritFurious about surging prices at the gasoline station and the supermarket, many consumers feel they know just where to cast blame: On greedy companies that...Energy demand and carbon emissions bounce back to pre-pandemic levels, BP saysGlobal energy demand and carbon emissions bounced back to around pre-pandemic levels in 2021, reversing the temporary reduction in 2020 resulting from the coronavirus pandemic...Mouser Electronics Honored with Top Performance Awards from Manufacturer PartnersMouser Electronics, Inc., the industry’s leading New Product Introduction (NPI) distributor with the widest selection of semiconductors and electronic components, is pleased to announce that...Toyota recalls electric cars for faulty wheel that may detachToyota Motor Corp is recalling 2,700 bZ4X crossover vehicles globally for wheel bolts that could become loose, in a major setback for the Japanese automaker's...Foreign buyers flock to buy Japan’s used cars as yen weakensThe yen’s historic decline is drawing more overseas buyers to Japan’s used-car market, driving up prices already inflated as a result of inventory shortages, said...Toyota recalls electric cars over concerns about loose wheelsA spokesperson told the BBC that bolts on the bZ4X's wheels "can loosen to the point where the wheel can detach from the vehicle" after...Puma makes big Web3 push as sports brands go all-in on the metaversePuma, up against tough competition in the metaverse from Nike and Adidas, has revealed the next stage in its Web3 strategy: a partnership with 10KTF,...Philips Hue gets a new Tap dial switch, customizable track lighting, and moreSignify just announced a new Philips Hue Tap dial switch, portable Hue Go lamp, and fully customizable track lighting in a range of smart lighting...How much for gas? Around the world, pain is felt at the pumpAt a gas station near the Cologne, Germany, airport, Bernd Mueller watches the digits quickly climb on the pump: 22 euros ($23), 23 euros, 24...U.S. nuclear industry hopes to expand output with new reactorsThe U.S. nuclear industry is generating less electricity as reactors retire, but now plant operators are hoping to nearly double their output over the next...Lindex takes circular step with fibre from recycled textilesOnce More is based on what is described as the world’s first process for industrial-scale recycling of post-consumer textile waste of blended fibres, which is...Crypto investors' hot streak ends as harsh 'winter' descendsThe wealth-generating hot streak for bitcoin and other cryptocurrencies has turned brutally cold. As prices plunge, companies collapse and skepticism soars, fortunes and jobs are...Agricultural products one of the challenges in negotiations, says ministerGrowing food security concerns have seen farmers in Europe push back on trade, instead supporting local, says Trade and Export Growth Minister Damien O'Connor. Negotiations...Apple store workers vote to form their first U.S. unionA majority of employees at a U.S. Apple store have voted to form a union, a first for the tech giant, which has so far...Upstart China smartphone maker cracks notoriously tough IndiaLast year, when a global chip shortage forced many smartphone makers to delay launches, upstart Chinese brand Realme took a gambit in India. With processors...Yen falls as Bank of Japan bucks rate rise trendThe Bank of Japan (BOJ) also says it will continue its programme of buying huge amounts of government bonds. This week central banks in the...Offset Printing Facing Changes: SmithersIn print, inkjet and electrophotography (toner) print continue to threaten to displace offset litho in multiple applications as the market space adjusts to an increasingly...China's factory activity rebounds as anti-virus curbs easeChina’s factory output rebounded in May, adding to a recovery from the latest COVID-induced economic slump after controls that shut down Shanghai and other industrial...A guide to outdoor lightingLighting is an essential component of interior and exterior home design.Not only does lighting add style and make spaces more appealing, when done correctly, it...Taiwan Strait is an international waterway, Taipei says, in rebuff to ChinaThe Taiwan Strait is an international waterway and Taiwan's government supports U.S. warships transiting it, the foreign ministry said on Tuesday, rebuffing claims from China...Biggest rate hike in years expected as Fed tackles inflationThe Federal Reserve is expected Wednesday to announce its largest interest rate hike since 1994 - a bigger increase than it had previously signaled and...Toyota enters energy storage market, launching residential battery product in JapanDive Brief:Toyota is launching a residential 5.5 kWh battery storage system, which uses the company’s electric vehicle battery technology, the company announced on June 2....Bitcoin plunges as major crypto lender halts operationsBitcoin and other cryptocurrencies were collapsing in price Monday, after a major cryptocurrency lender effectively failed and halted all withdrawals from its platform, citing “extreme...Inflation takes a toll on retailers as costs rise steeplyFor all that the slump in technology stocks has headlined a treacherous year for global equity markets, there is one sector that is faring even...Intel Raptor Lake Breaks Sweat in Preview BenchmarksA set of benchmarks(opens in new tab) have appeared online for what appears to be Intel’s 13th-generation Core architecture, known as Raptor Lake, which will...No, you're not going crazy - package sizes are shrinkingIt's the inflation you're not supposed to see. From toilet paper to yogurt and coffee to corn chips, manufacturers are quietly shrinking package sizes without...Electronics exports face headwinds as prices soarThe electronics sector, the country’s top export, is facing headwinds in the near-term amid price pressures due to global tensions and the economic slowdown in...EU seeks partnership with UAE on Africa energy transition and infrastructure projectsThe European Union is looking to partner with the UAE to help accelerate energy transition and infrastructure development in Africa as part of the 27-member...Oil prices drop on surging US inflation and China lockdownsOil prices dropped on Friday after the US posted data showing inflation hit a new 40-year high last month and China's reintroduction of lockdowns in...With Rising Inflation, Just Say No To California’s Costly Plastics Tax InitiativeLIVING in California, in good economic times, is an expensive endeavor. But, with rapid inflation and runaway home prices, the state is quickly becoming unaffordable...This Kid-Friendly Event Made a Big Impact With Color and Lighting DesignEvent designers love to play with bold colors and interesting lighting. So when toy company MGA Entertainment asked for a pop-up celebrating its colorful fashion...Asian shares fall as oil lingers above $120; yen sinksShares were mostly lower in Asia on Thursday as investors watched for fresh signs of inflation and crude oil prices hovered above $122 a barrel,...World Bank slashes China growth forecast over COVID damageThe World Bank has sharply slashed its annual growth forecast for China, warning in a report Wednesday that COVID disruptions could further slow recovery in...Sri Lanka crisis: Prime minister says $5bn needed this yearRanil Wickremesinghe told parliament the money is needed for basic items such as food, fuel and fertiliser. In May, Sri Lanka defaulted on its debts...Japan's economy contracts, but at smaller rate than thoughtThe Japanese economy contracted in the first quarter, but at a slower pace than earlier estimated, the government said Wednesday. The world’s third-largest economy contracted...