According to the Pekka Lundmark, President and CEO of Nokia, the current viability of the supply chain of semiconductor chips in the world is not as good as it used to be abd therefore there is need for a closer… Read More ›
Month: March 2021
U.S. economy on the brink of completing recovery from coronavirus induced recession
In a statement the President of the Richmond Federal Reserve said, the U.S. economy may be “on the brink of completing the recovery” from the recession that was triggered by the coronavirus-induced COVID-19 pandemic. “Vaccines are rolling out, and case… Read More ›
Severe flooding caused by torrential rains shutdown coal deliveries to Newcastle port
On Monday, in a statement Australian Rail Track Corp said, Hunter Valley coal rail lines have been shut down because of the massive flooding in the state of New South Wales which have halted deliveries into the port of Newcastle…. Read More ›
China’s Great Wall Motor plans on launching new off-road vehicles: chairman
Wei Jianjun, the chairman of China’s Great Wall Motor said, the company plans on launching a new standalone brand for its off-road vehicles, as it seeks to pursue new segments in its home market. Great Wall, China’s top pick-up truck… Read More ›
Ethics disclosures show Biden aides had ties to large tech companies
Financial disclosures made by the White House shows, high ranking officials from the Biden administration had previously undisclosed ties to large corporations including tech giants Facebook Inc, Google Inc and Microsoft Corp. According to filings made with the Office of… Read More ›
China’s Military Bans Tesla Cars From Military Complexes Over Security Concerns: Reports
Tesla cars have been banned from entering Chinese military complexes because of security concerns about the cameras that are installed in the electric cars, said reports quoting sources who have seen the notices of the directive. According to analysts, this… Read More ›
AstraZeneca Vaccine Safe, Says EU Regulator But Will Add Clot Warning
The AstraZeneca’s Covid-19 vaccine does not increase the overall incidence of blood clots and the benefits of the vaccine far outweigh any possible risks, said the European Union’s drug regulatory agency on Thursday. That paved the path for resumption of… Read More ›
We Work 95-Hour Weeks And Face ‘Inhumane’ Treatment Says First Year Analysts At Goldman Sachs
A workplace survey of a dozen first-year analysts at Goldman Sachs have revealed that they work for more than 95 hours a week on an average and get to sleep for just five hours a day while also coping up… Read More ›
British Airways considers selling headquarters building following increased adoption of Work-From-Home
In a statement British Airways said, it is weighing options which includes a sale of its headquarters building, since the coronavirus-induced pandemic has created a switch to working from home, as a result of which British Airways feels it may… Read More ›
US Federal Reserve Predicts Faster US Economic Recovery Than Previously Forecast By It
With the increase in the speed of vaccinations against Covid-19 and the release of a massive relief package by the government that is flowing into the economy, a much stronger growth this year for the United States economy is expected… Read More ›
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