Category Archives: Business

01Dec/22

FTX collapse crushes crypto dreams in Africa and beyond

  • FTX’s bankruptcy hurts small investors across the world
  • Young African crypto backers fret about damage to sector
  • Regulators repeat warnings about risks of crypto dealing

LAGOS/BANGKOK – Days before his FTX cryptocurrency exchange collapsed, co-founder Sam Bankman-Fried tweeted “Hello, West Africa!” – his latest nod to a region where a growing number of kitchen table investors had put their faith, and savings, in FTX.
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01Dec/22

Research shows nearly three-quarters of social housing residents would not be able to cope with an unexpected expense

The Resident Voice Index™ (RVI), a project that gathers the views of social housing residents from across the UK, released its latest report, Cost of Living: Crunch Time, which indicated most respondents are experiencing a lower quality of life. Based on a survey of 5,700 respondents, the report reveals that almost three-quarters (73%) said they would not be able to cope with an unexpected expense, such as a higher-than-expected household bill. Continue reading

18Nov/22

2022 Gallagher Research Finds “Appealing to a Diverse Workforce” is the Top Challenge for U.K. Organisations Competing for Talent

New research from Gallagher, a global leader in insurance brokerage, risk management, and consulting services, reveals that “appealing to a diverse workforce with different preferences” is the top challenge U.K. organisations are facing. “Increasing cost of benefits within tight budgets” ranks second, followed by “communication” in third place. The top three benefits challenges identified have remained the same the last three years – although this year, first and second have swapped places – putting “appealing to a diverse workforce” on top. Continue reading

05Nov/22

New in Peach: Send ads to Netflix

Peach, the global market leader in video advertising workflow and delivery has announced support of Netflix’s new ad-supported service Basic with Ads.

To coincide with the launch of the service, Peach has launched new destinations enabling clients to deliver ads to Netflix across multiple territories including UK, Australia, Germany, France, Italy, Spain, Mexico, Brazil with more to follow. Peach provides a connected advertising workflow, enabling clients to get their ads delivered to Netflix straight from the edit suite, while ensuring the highest possible quality, formatting and accuracy. Continue reading

01Nov/22

The startup Nooka Space brings innovation to airport terminals by introducing the concept of flex office booths on demand

Nooka Space, the company who designed the first smart proximity office network in the world, back in 2020, introduces the concept of flex office on demand in airport waiting areas, to provide passengers with private spaces to work or relax, while waiting for their flight. As such, Nooka Space launches Nooka Air, a smart office booth designed to offer better airport experience during the waiting hours in terminals. Continue reading

29Oct/22

Elon Musk takes Twitter private – here’s what that means for the company and its chances of success

Elon Musk has said he intends to complete his purchase of Twitter after earlier trying to wriggle out of the deal.
Patrick Pleul/Pool via AP

Erik Gordon, University of Michigan

Elon Musk has finally completed his US$44 billion deal to acquire Twitter and take it private.

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28Oct/22

30 Giga-Watt Hours of Electric Vehicle Markets Beyond Cars, Reports IDTechEx

Electric vehicle markets are growing globally – in total IDTechEx’s latest master electric vehicle report “Electric Vehicles: Land, Sea & Air 2022-2042” finds 35.7 million electric vehicles (EV) were sold in 2021 and predicts this will rise to over 74 million by 2030. Continue reading

The whole world is facing a debt crisis – but richer countries can afford to stop it

Patrick E. Shea, University of Glasgow

Countries across the world are drifting towards a debt crisis. Economic slowdowns and rising inflation have increased demands on spending, making it almost impossible for many governments to pay back the money they owe.

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27Oct/22

Drivn: Blockchain Startup Enables Users to Earn an Income While Saving the Planet

Transport accounts for around 33% of global carbon emissions, but 48% of people are not aware of their individual carbon footprint. Drivn, the brainchild of three Danish founders, aims to change the world’s travel behavior towards a more sustainable future. Continue reading