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Asian equities advance but inflation, correction worries persist
Asian markets rose Wednesday following the previous day's losses but investors remain on guard over a possible correction as concerns about asset bubbles and a surge in inflation continue to play against progress in fighting coronavirus.
Uber spins off robot delivery unit of Postmates
Uber is spinning off the sidewalk robotics division of the Postmates delivery service acquired last year, creating a new company called Serve Robotics.
Microsoft sets stage for mixed-reality future
Microsoft set the stage for a future in which long-distance coworkers can collaborate as though in the same room, using augmented reality glasses and cloud computing power.
New ‘ionic wind’ can dry foods while preserving nutrients
Once a piece of fruit or a vegetable is picked, it starts to go bad. One common way to slow or stop that spoilage is to remove water from the food. That process – dehydration – typically involves heat. But heat can destroy a food’s nutrients. Now, researchers have come up with a more energy-efficient way to dehydrate food without heat. It could help keep dried fruits and veggies more wholesome and more flavorful, they say, reported.
A 'space hurricane' hovered above North Pole for about eight hours, study says
And now we have space hurricanes to worry about. For the first time, scientists have spotted what they're calling a "space hurricane" spinning above the North Pole, according to a new study. The roughly 600-mile-wide swirling mass of plasma was located several hundred miles above the North Pole, and "rained" electrons instead of water, according to the study.
Samsung details plans for $17b chip facility in US
Samsung Electronics Co. revealed additional details about its plans to build a cutting-edge semiconductor facility in the US in a filing with the Texas government, making the disclosure as the Biden administration vows to make the security of the US chip supply a national priority.
Oil rises on demand hopes after days of sell-off
Oil prices rose on Wednesday, boosted by demand hopes on progress made in US vaccine rollouts, while uncertainty over how much supply OPEC+ will restore to the market at its Thursday meeting and a big build in US crude stocks capped gains.
Insect-inspired flying robots: Researchers introduce a new generation of tiny, agile drones
The technology could boost aerial robots’ repertoire, allowing them to operate in cramped spaces and withstand collisions.
Plants set a 'bedtime' alarm to ensure their survival, new study shows
Plants have a metabolic signal that adjusts their circadian clock in the evening to ensure they store enough energy to survive the night, a new study reveals.
Lab-grown meat now mimics muscle fibers like those found in steak
Artificial steak is a step closer. Researchers have created a small sample of cultured meat that mimics the structure of real muscle, which is key to creating large pieces of meat, rather than just mince, with a realistic texture.
China considers ways to manage financial risks stemming from capital inflows
China’s top banking and insurance regulator expressed wariness of the risk of bubbles bursting in foreign markets, and said Beijing is studying effective measures to manage capital inflows to prevent turbulence in the domestic market.
Australia’s central bank at cusp of reflation trade girds for long fight
The Reserve Bank of Australia (RBA) signaled it’s ready for a prolonged battle with bond traders betting on a reflation wave sweeping across the global economy.
As oil prices rally, old OPEC tensions set to rise
As members of the OPEC and its allies meet this week to discuss adjusting output, analysts expect old tensions between oil producer giants to flare up again.
Spacewalking astronauts prep station for new solar wings
Spacewalking astronauts ventured out Sunday to install support frames for new, high-efficiency solar panels arriving at the International Space Station later this year.

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