On Monday, with news of U.S. chipmaker Intel Corp signalling that it may stop manufacturing semiconductors of its own chips, shares of Taiwan Semiconductor Manufacturing Co Ltd (TSMC) soared by nearly 10%. TSMC is the world’s biggest contract chipmaker. The… Read More ›
Month: July 2020
Boris Johnson to overhaul UK’s treason laws
On Sunday, according to a report from the Mail, British Prime Minister Boris Johnson is set to overhaul the United Kingdom’s treason laws. The development comes at a time of increased activity by foreign agents in the country with many… Read More ›
China’s stockpiles record 53.18 million tonnes of crude oil June 2020
On Sunday, data from the General Administration of Customs showed, China’s import of crude oil from Saudi Arabia in June 2020, soared by 15% from a year ago with Beijing import record amounts of the fuel when prices are low…. Read More ›
TikTok Hiring People From Google And Facebook In Its Aggressive Expansion Strategy
The Chinese owned video sharing app TikTok plans to increase the size of its global workforce and has been trying to woo employees from United State based tech companies form their offices in America as well as in Europe. The… Read More ›
Denouncing WHO-led Alliance, EU Aims Covid-19 Vaccines At Less Than $40: Reuters
Purchasing of Covid-19 vaccines through an initiative co-led by the World Health Organisation has been rejected by the European Union because that process is slow and of high cost, said a report published by the news agency Reuters quoting two… Read More ›
New Study Predicts 1.3 Billion Tons Of Plastic Waste By 2040 Even With Global Action
A latest research by a group of scientists who have developed a new computer model which enables them to track the flow of global plastic pollution has claimed that over the next two decades, if there is no widespread intervention,… Read More ›
EU Commission Urges Countries To Diversify 5G Suppliers On An Urgent Basis
The European Commission has urged all the countries in the European Union to undertake urgent action to diversify the pool of suppliers for their 5G networks. According to analysts, this move is aimed at increasing competition for the Chinese telecom… Read More ›
Apparel brand Brooks Brothers enters stalking horse purchase agreement with SPARC Group for $305 million
In a development that marks apparel brand Brooks Brothers remaining a going concerns and help it maintain its operations, the company has entered into a “stalking horse” purchase agreement with retailer SPARC Group LLC for $305 million. Earlier this month,… Read More ›
SpaceX in talks to raise $1 billion at $44 billion valuation
According to a report from Bloomberg News, SpaceX is looking to raise new capital wherein it is likely to be valued at around $44 billion. Elon’s Musk’s space venture SpaceX is in talks with investors to raise $1 billion at… Read More ›
China May Not Recognize BNO Passports Of Hong Kong Residents In Retaliation To UK
A threat to derecognize the British National Overseas passports held by residents of Hong Kong was issued by China on Thursday as retaliation against the recent decision of the United Kingdom to allow refuge to Hong Kong residents holding British… Read More ›