Ripple, a blockchain technology firm, has unveiled its latest product, the Ripple Liquidity Hub, to assist businesses with their cryptocurrency liquidity requirements. According to the company, the new system is available to help companies manage their cryptocurrency liquidity needs easily and efficiently. The firm launched the system as a pilot in 2022 and has now…
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Ford’s BlueCruise technology approved in the UK for hands-free driving on motorways
Ford Motor has received approval for its BlueCruise technology in the UK, which will allow drivers to legally take their hands off the wheel while driving on certain motorways. The “hands-off, eyes-on” technology is designed to control steering, acceleration and braking while ensuring that the driver remains alert. However, it is important to note that…
Boeing warns of reduced 737 Max deliveries due to an issue with supplier Spirit AeroSystems
Boeing has issued a warning that it will likely have to reduce deliveries of its 737 Max airplane in the near term due to an issue with a part made by one of its suppliers, Spirit AeroSystems. The company revealed that its supplier had informed them that a “non-standard” manufacturing process was used on two…
Governor Pakistan’s central bank briefs international investors on challenges and way forward
Governor of the State Bank of Pakistan (SBP), Mr. Jameel Ahmad, met with key international investors and fund managers in an event organized by Barclays on April 13th, 2023, in Washington DC. The purpose of the event was to discuss Pakistan’s economic challenges and the way forward. During the meeting, Governor Ahmad outlined the difficulties…
Walmart sells men’s clothing brand Bonobos for $75 million
On Thursday, Walmart announced the sale of men’s clothing brand Bonobos to brand management firm WHP Global and Express for $75 million. This is the second direct-to-consumer brand Walmart has sold this year, following the sale of Moosejaw to Dick’s Sporting Goods in February. Walmart purchased Bonobos in 2017 for $310 million under the leadership…
Elon Musk announces Twitter users can charge for content in bid to rival Substack
Twitter users will soon be able to charge for access to their content, according to a tweet by owner Elon Musk on Thursday. The new feature will allow users to monetize their accounts, offering content ranging from long-form text to hours-long videos. For the first 12 months, Twitter will not take any cut of the…
Fiji Airways to launch direct flights from Canberra to Nadi at promotional fare
Fiji Airways has announced a new promotional fare for flights between Canberra and Nadi International Airport. The promotional fare of $439 is for a return flight and does not include baggage, which would cost $60 extra. Even with baggage, the cost of the return flight from Canberra is cheaper than direct flights to Nadi from…
Record number of women joining full-time workforce across Australia
The Australian Bureau of Statistics reported that the jobs market in Australia is thriving despite high interest rates and inflation. In fact, the number of women flooding into full-time work across the country has reached a record high. The national unemployment rate was reported to remain steady at 3.5% in March, with 72,200 full-time jobs…
OG Kicks to open first London store in Carnaby shopping district
LONDON: OG Kicks, a popular sneaker retailer, has chosen the vibrant Carnaby shopping district for the opening of its first store in London. The store, set to launch in May, will be located in Foubert’s Place and will offer a unique buy, sell, and trade experience for sneakerheads and footwear fashion enthusiasts. The 1,564 square…
UK lettings market sees fierce competition driving rents higher, housing sales sluggish
A new report by the Royal Institution of Chartered Surveyors (RICS) has revealed that the UK’s lettings market is currently experiencing a frenzied competition for rental properties, which is driving up prices. The research shows that demand from tenants in the sector has reached a five-month high and is strong across all parts of the…
Apple to open first physical stores in India, highlighting importance to the firm’s future
Apple is set to open its first physical stores in India next week, with a store in Mumbai opening on Apr. 18 and another in the Indian capital Delhi on Apr. 20. The move highlights the country’s importance to the U.S. tech firm’s future in iPhone sales and manufacturing. According to Bloomberg, Apple CEO Tim…
Tesco cuts milk prices for the first time since May 2020 in possible sign of easing inflation
Tesco has cut the price of its milk for the first time since May 2020, a possible indication that price rises for a weekly shop could be starting to ease. The supermarket giant has announced a reduction in the price of its four pint bottle from £1.65 to £1.55 starting from Wednesday, while two pints…