South Korea’s parliament has endorsed landmark legislation outlawing the country’s dwindling dog meat industry. Public calls for the ban have grown sharply amid animal rights campaigns and worries about the country’s international image. Some angry dog farmers said they plan to file a constitutional appeal and launch rallies in protest. Dog meat consumption, a centuries-old […]
Tag: industry
Ukraine’s SBU shakes up military industry in unannounced raids – NV interview
Ukraine’s SBU security service has conducted unannounced inspections of employees of Ukraine’s military-industrial complex, Tetyana Nikolayenko, a journalist with Ukrainian news outlet Censor.NET, revealed in an interview with Radio NV on Jan. 5. “In reality, our special services work in this regard, credit where it’s due,” she said. Read also: How FSB benefits from Ukraine’s […]
Alliance for Working Together awarded $250,000 Industry Sector Partnership Grant
Jan. 6—The Alliance for Working Together Foundation recently announced that it has been awarded $250,000 through Ohio’s Industry Sector Partnership Grant. The nonprofit is one of just 26 workforce partnerships across the state receiving a portion of $5 million in funding. According to AWT officials, the investment underlines the organization’s commitment to fostering a strong, […]
N.Y. AG calls for $370M fine against Trump and lifetime ban from state real estate industry
New York Attorney General Letitia James is calling for a $370 million fine against former President Donald Trump and his companies and a lifetime ban on him and two of his former company executives from the real estate industry in the state. Attorneys from James’ office requested the punishment in post-trial motions filed Friday in […]
Some longtime Columbus eateries shut down in 2023, despite a restaurant industry rebound
Seven central Ohio restaurants with a combined 251 years in business closed their doors in 2023, and at least four of them seem to be gone for good. Although far more restaurants opened than closed last year — 190 vs. 69, according to our monthly recaps — those lost include some iconic, longtime destinations for […]
Russian attacks shift focus from energy to defense industry
Recent Russian long-range strikes against Ukraine primarily targeted defense industry targets, in contrast with last year’s attacks that prioritized energy infrastructure, the U.K. Defense Ministry said in its latest intelligence report on Jan. 3. Moscow began intensifying its attacks against Ukrainian cities in recent days, launching particularly massive waves of drones and missiles on Dec. […]
The path to net-zero emissions runs through industry
As government leaders and climate negotiators gather in Dubai for the COP28 United Nations climate conference, an enormous challenge looms over the proceedings: decarbonizing the global industrial sector. Industry has accounted for over 30% of total greenhouse gas emissions in recent years. It is the single largest emitting sector when accounting for its electricity use […]
U.S. wants to contain China’s chip industry. This startup shows it won’t be easy.
By John Shiffman and Joshua Schneyer WASHINGTON (Reuters) – WASHINGTON–Last year, a veteran Silicon Valley software executive took the helm of a startup in his native China, company records show. The startup told potential investors it would sell microchip design software that is mostly available from just a handful of large Western companies. The coveted […]
Record $2.75 billion in New Mexico revenue driven by oil and gas industry
The New Mexico State Land Office reported Tuesday a record $2.75 billion in revenue for Fiscal Year 2023, which ran from July 1, 2022 to June 30, 2023. This was the second time in its history the land office raised more than $2 billion, read an announcement, reporting revenue of $2.4 billion in FY 2022. […]
Big oil enters 2024 strengthened by U.S. industry consolidation
By Gary McWilliams HOUSTON (Reuters) – The oil and gas industry went on a $250 billion buying spree in 2023, taking advantage of companies’ high stock prices to secure lower-cost reserves and prepare for the next upheaval in an industry likely to undergo more consolidation. A surge in oil demand as world economies shook off […]
Pope blasts weapons industry as he makes Christmas appeal for world peace
Pope Francis blasted the weapons industry and its “instruments of death” that fuel wars as he made a Christmas Day appeal for peace in the world and in particular between Israel and the Palestinians. Speaking from the loggia of St Peter’s Basilica to the throngs of people below, Francis said he grieved the “abominable attack” […]
Cryptocurrency Insurance Could Be a Big Industry in the Future
Because they are common targets for hackers and thieves, businesses that hold cryptocurrency on behalf of their customers need insurance that covers customers’ losses due to theft and system or hardware failures. This need provides a market opportunity for insurers, provided that they can mitigate the risks. Key Takeaways Cryptocurrency insurance could become a “big […]