With a third wave of the Covid-19 pandemic hitting some countries of the Eurozone forcing re-imposition of lockdowns and restrictions, the euro zone economy contracted in the first quarter of 2021. According to preliminary data released by Europe’s statistics office… Read More ›
Barclays chief Jes Staley believes that the biggest economic boom since the one after World War Two will be experienced by the United Kingdom. This comment was made by him even as the bank reported more than doubling of profits… Read More ›
The largest social media company of the world Facebook has warned that its growth later this year could “significantly” drop because of new Apple Inc privacy policies which will make it much more difficult for the company to target ads…. Read More ›
The global shortage of semiconductors for the auto industry could take till 2022 to get completely resolved expects Ford Motor Co, but the company also said that it expects to see an easing of the shortage by this summer. This… Read More ›
Moderna Inc is expecting to manufacture up to 3 billion doses of its Cvoid-19 vaccine in 2022 by boosting its manufacturing capacity, the company said on Thursday. It also added that it estimates for vaccine production for 2021 will also… Read More ›
Concerns of investors remained about the lofty evaluation of the United States based electric car maker Tesla as well as the over the prolonged global chip shortage and rising competition in the electric car segment which resulted in the stocks… Read More ›
Media reports about the plans of the European Investment Bank to launch a “digital bond” sale on the ethereum blockchain network encouraged investors in this digital currency – the second largest of the world in terms of market capitalization which… Read More ›
There was outrage in India after the government ordered the social media platform Twitter to remove posts that criticised the role of the government in the manner in which it had handled the massive second wave of the Covid-19 pandemic…. Read More ›
The shareholders of British Petroleum (BP) will be handed over a $500m cash windfall as the energy giant reported its biggest quarterly profit since the start of the Covid-19 pandemic began because of the recovery of the oil markets form… Read More ›
The global roll out of Covid-19 vaccines – and especially those in the United States, hit the demand and sale of the Covid-19 antibody therapies of Eli Lilly and Co. That forced the company to report profits for the first… Read More ›
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