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Tag: industry

How Huawei's use of 5G and AI is transforming China’s coal mining industry

Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Read more about AI in the SCMP: https://sc.mp/f1c589 China has stepped up efforts to transition to clean energy and become carbon neutral by 2060. But in 2022, coal-fired power plants still accounted for nearly 60 per cent of the country’s total power generation. Most of the nation’s coal comes from underground mines, where there have been…

Ukraine sanctions Russian nuclear industry

Kiev has blacklisted more than 200 entities for 50 years Ukraine’s National Security and Defense Council has introduced sanctions against the Russian nuclear industry, President Vladimir Zelensky said in a statement on Sunday. The list of entities subjected to restrictions by Kiev includes Russia’s nuclear agency Rosatom as well as a company operating the Zaporozhye Nuclear Power Plant (ZNPP) – Europe’s biggest nuclear power station….

New whale meat vending machines opened in Japan to try and revive industry as demand sinks

Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Japanese whaling company Kyodo Senpaku has introduced a whale meat vending machine store in the central Japanese city of Yokohama in hopes of reviving flagging demand for the traditional dish. Japan is one of the few countries that continue to engage in commercial whaling, a highly controversial practice. Kyodo Senpaku said it plans to open over…

FTX collapse: What's next for the cryptocurrency industry? | Counting the Cost

FTX has been considered one of the safest and most reliable exchanges of a freewheeling cryptocurrency industry, which wants to bring tokens into the financial mainstream. But Sam Bankman-Fried’s $32bn empire collapsed almost overnight, highlighting the extreme volatility of the virtual currencies. The downfall has sent shockwaves across the market and raised questions over its viability. He has apologised, but that has not helped more…

South Korean government hopes to boost kimchi industry with cabbage warehouses

Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube South Korea is facing a kimchi crisis as climate change wrecks cabbage harvests and a flood of cheap imports from China threatens to crowd out local producers. Now officials are trying to come to the rescue by building huge warehouses to store cabbage used to make the spicy staple food. Support us: https://subscribe.scmp.com Follow us on:…

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