Rises

Credit: Unsplash/CC0 Public Domain Damage caused by sea level rises could cost the EU and UK economies up to 872 billion euros in total by the end of the century, according to a modeling study published in Scientific Reports. Ignasi Cortés Arbués, Theodoros Chatzivasileiadis, Tatiana Filatova and colleagues modeled the potential economic impacts of…

A UPS worker sorts packages in New York on Dec. 18, 2017.Adam Jeffery | CNBCOnline spending rose 4.9% year over year, setting a record for e-commerce during the holiday season, as shoppers pounced on discounts and leaned on buy now, pay later to cover more of their purchases, according to Adobe Analytics.Sales totaled $222.1 billion on retailers' websites and apps from Nov. 1 to Dec. 31, according to Adobe.Adobe's data covers more than 1 trillion visits to U.S. retail websites, 100 million unique items and 18 total…

NIO (NIO) launched its new flagship ET9 EV over the weekend, a premium executive car aimed at “the new generation of high-end business users.” The new flagship EV will take on Porsche and Mercedes with starting prices around 800,000 yuan ($112,000). NIO Day 2023 brings new EVs and tech The ET9 made its debut over the weekend during NIO Day 2023. NIO’s new flagship EV features its latest tech to showcase “a perfect package of flagship-style exterior, spacious interior, immersive experience,…

Pureplay Skin Sciences Ltd, which sells beauty products under the brand name Plum, reported a 71.3% year-on-year increase in its total revenue for 2022-23 to Rs 322.3 crore, even as its net loss widened at a similar clip.The net loss went up 66% to Rs 52.9 crore in 2022-23, compared to Rs 31.8 crore in the previous financial year.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIT DelhiIITD Certificate Programme in Data Science & Machine LearningVisitIndian School of BusinessISB…

A total of 11 startups raised $511.47 million in the December 9-15 week, with a sizable 66.5% chunk coming from business-to-business ecommerce startup Udaan’s funding round, according to data from Tracxn. This compares to $175 million raised by 31 companies in the same week a year ago.Sequentially, however, the latest week saw a 20% drop in terms of volume and a 4.8X jump in value.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIT DelhiIITD Certificate Programme in Data Science &…

Millions of cubic meters of methane are trapped beneath Svalbard’s permafrost, and researchers have recently learned that it can migrate through the cold seal of the permafrost and escape into the atmosphere. This news raises concerns that thawing permafrost could increase methane emissions, further driving up global temperatures.Further, scientists believe that methane deposits of similar size may be found in other places, like the Arctic region, where permafrost is very similar to that found in Svalbard. And…

Credit: The Conversation Large parts of Australia are currently in the grip of a heat wave, and climate change means we're in for more frequent and intense heat events into the future. We know extreme heat can pose health risks, especially for vulnerable groups. But increasingly, research is highlighting a relationship between hot temperatures and…

With California facing an expected $68-billion budget deficit, Gov. Gavin Newsom is seeking “major reforms” to pull funding from a costly plan next year to begin raising the statewide minimum wage for healthcare workers to $25 an hour.Newsom told The Times last week that his staff has “been working behind the scenes” with Democratic leaders in the Legislature on how to move forward with the minimum wage law in light of state budget concerns. The changes, which would have to be approved by lawmakers next year, were “all…

  S&P Global said on Tuesday that its India Services Purchasing Managers’ Index (PMI) fell to 56.9 in November from 58.4 in October. A reading above 50 shows an expansion, while that below 50 shows a contraction. The survey of 400 service sector businesses covers sectors such as transport, information, communication, finance, insurance, real estate, and business services. Experts pointed out that…

In the realm of cybercrime, a pressing warning from authorities is echoing globally about the rising menace of deepfake videos. Potent tools are being used, manipulated by malevolent entities, to extract money from unsuspecting victims. The World Economic Forum (WEF) has already sounded the alarm, revealing an alarming surge in deepfake videos, which is rising at an annual rate of 900 percent. Amit Gupta, the Vice President of Product Management, Research, and Engineering at Pindrop, a cybersecurity powerhouse, laid…