Clip art of a rock just sold for 400 ether, or about $1.3 million, late Monday afternoon. The transaction marks the latest sale of EtherRock, a brand of crypto collectible that’s been around since 2017 — making it one of the oldest non-fungible tokens…
Samsung To Hire 40,000 in $205 Billion Three-Year Spree
Samsung Group has unveiled a 240 trillion won ($205 billion) expansion that will entail hiring 40,000 people over three years, a sprawling investment blueprint intended to build the South Korean conglomerate’s lead in next-generation technologies. From…
From 1m trees to a tree graveyard: how Dubai’s conservation plans went awry
Hundreds of thousands of trees have died after costly real estate projects thwarted attempts to halt desertificationIt all began so beautifully, with the ruler of Dubai photographed planting the first tree of his ambitious environmental initiative, as …
Ikea goes glam rock with Zandra Rhodes collaboration
British fashion designer teams up with Swedish furniture chain after being inspired by lockdownCoronavirus – latest updatesSee all our coronavirus coverageIt may be difficult to unpack, but shoppers could soon find the no-frills minimalism of Ikea has …
UK in Brexit climbdown as safety rule deadline extended
Manufacturers will have an extra year to start using UKCA mark, which is replacing EU’s CE markThe government has pushed back a deadline for the launch of post-Brexit product safety standards by allowing companies to follow EU rules until 2023, in the …
Uber rival Didi Chuxing suspends plans for UK and Europe launch
Company won licences for Manchester and Sheffield but faces pressure from Chinese governmentChinese Uber rival Didi Chuxing has reportedly suspended plans to launch in the UK and Europe, as the ride-hailing company faces pressure from authorities in it…
After the intermission: films are back in cinemas – but will the crowds return too?
Covid and the boom in streaming platforms are being touted as a huge threat to cinema-going. But so was telly. And surely we’re all desperate to leave the house and make a big social occasion of it all?So are we in or out? Is this going to be the old n…
Power station firms to pay £6m after breaking market manipulation laws
Companies inaccurately reported how much energy Carrington plant near Manchester was able to supplyTwo companies linked to a UK power station capable of supplying up to 1m homes are to pay £6m after breaking market manipulation laws.For more than a yea…
UK property sales slide after stamp duty holiday scaled back – business live
Rolling coverage of the latest economic and financial newsLatest: UK house sales fell over 60% in July after busiest ever JuneHousebuyers rush to complete deals before stamp duty cut scaled backEarlier:Oil surged 5% on Monday on rising demand hopes and…
National Grid and SSE to use electricity transformers to heat homes
Exclusive: plan is to harness ‘waste heat’ and cut carbon emissions for households connected to district networksThousands of homes could soon be warmed by the heat from giant electricity grid transformers for the first time as part of new plans to har…