The European Union has finally ended the impasse over the much-needed stimulus package for Covid-19 which means that access to a historic level of funding will soon be available for cash-strapped countries. In July, the European countries agreed to raise… Read More ›
British Prime Minister Boris Johnson and European Commission chief Ursula von der Leyen said on Friday that it is likely that the exit of the former from the European Union on January 1 next year will happen without a deal… Read More ›
On Friday, Britain’s central bank, the Bank of England, took steps to keep inter-bank lending rates steady through 2021 as Britain negotiates its trade relationship with the European Union. In a statement, Bank of England Governor Andrew Bailey said, Britain… Read More ›
With the coronavirus-induced COVID-19 pandemic bring the global travel to a stop, British engineering company Rolls-Royce downgraded its yearly cash outflow forecast underscoring the challenges it faces in its financial outlook even as the air travel continues to be disrupted… Read More ›
On Friday, Bloomberg reported that Chinese authorities have detained a Chinese staff member who worked for Bloomberg news bureau in Beijing. He was detained on suspicion of endangering national security, said the report. Haze Fan was seen escorted from her… Read More ›
On Friday, China’s industry body stated, vehicles sales in the country is set to touch 25 million units in 2020. The development underscores the interesting phenomena in the world’s biggest vehicle market where the auto industry has recovered from the… Read More ›
On Friday, in a statement Japan’s Ministry of Finance said, the Japanese Cabinet has decided to spend $3.71 billion (385.6 billion yen) from emergency budget reserves to back the government’s domestic travel. The bulk of the spending will go towards… Read More ›
The vaccine against the novel coronavirus that has been developed by Pfizer and BioNTech should not be given to those people who have a history of “significant” allergic reactions, directed the drug regulator of the United Kingdom earlier this week…. Read More ›
The largest social media company Facebook has been sued by federal regulators of the United States and more than 45 state prosecutors over charges that the company had illegally purchased rivals to muzzle competition. These lawsuits are amongst the… Read More ›
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