Bloomberg The $410 DeliSofter pot looks much like the rice cookers ubiquitous in Japanese households and it does prepare rice in 24 minutes. But this invention of two Panasonic Corp engineers is designed to do more and help people with swallowing difficulties. The two women led the creation of a spin-off company, Gifmo Co, to sell the specialised steam cooker, ...

Bloomberg Kia Corp unveiled its its new electric SUV, as the South Korean automaker and its affiliate Hyundai Motor Co. seek to catch up in the EV market. The all-new Niro, an upgraded version of the model first released in 2016, will be available as a hybrid electric in the first quarter of 2022 and as an all-electric battery-powered model ...

Bloomberg Nissan Motor Co. will invest 2 trillion yen ($17.6 billion) over the next five years to electrify more of its lineup and turn battery-powered cars into a pillar of its long-term growth. The Japanese automaker will introduce 23 new models by fiscal 2030, including 15 new electric vehicles, and aim for more than half of its sales to be ...

Bloomberg Alphabet Inc’s Google is once again pushing back date it will require employees to return to US offices on renewed concern after cases of Covid-19 omicron variant have been confirmed, executives told employees. Google had set January 10 as its return date, asking a bulk of its workforce to come in three days a week. Chris Rackow, a Google ...

Bloomberg Oil falls as fears that omicron variant may resist vaccines sent risk assets tumbling. Futures in New York fell as much as 4.9% as part of a broader retreat among commodities and equities as a top drugmaker reiterated warnings that the new strain could withstand existing inoculations. Brent crude also tumbled, with the price structure of the global benchmark ...

Bloomberg Activist hedge fund Bluebell Capital Partners has asked Glencore Plc to separate its thermal coal business because it has become a barrier to investment. The hedge fund firm said that the commodities giant could realise more value for shareholders if it separates that business, simplifies its asset base, disposes of non-core asset Viterra, and tackles governance issues. Bluebell’s partners ...

Bloomberg Enel SpA plans to invest 170 billion euros ($191 billion) this decade to accelerate its shift to greener energy sources. The strategy indicates a 6% increase from the previous investment plan, documents published showed. It also brought forward its net zero commitment by 10 years, from 2050 to 2040. Enel is the latest energy company in Europe to reveal ...

Bloomberg South Africa’s Mineral Resources and Energy Minister Gwede Mantashe said Eskom Holdings SOC Ltd is delaying emergency power projects that would have started generating 1,996 megawatts of electricity by next August, City Press reported. The state-owned utility hasn’t approved 11 generation projects that are intended to provide power supplies when the national grid is vulnerable, the newspaper reported, citing ...

Bloomberg EasyJet Plc said the omicron variant of Covid-19 is impacting short-term demand but hasn’t yet derailed a recovery in air travel. The UK discount carrier has reined in capacity plans for the current quarter as some customers with reservations delay flying and others put off booking, it said in a statement. Demand for city-to-city flights has taken the biggest ...

Bloomberg A US federal labour official has ordered a new union election at an Amazon.com Inc warehouse in Alabama. After losing the first election in April, the Retail, Wholesale and Department Store Union appealed the outcome to the National Labor Relations Board (NLRB), alleging that Amazon had intimidated workers and pressured them to cast votes in a mailbox the company ...