Shares of another Chinese developer were suspended from trading after it failed to service a payment deadline, and this exasperated the already precarious real estate market of the second-largest economy of the world. The Hong Kong Stock Exchange suspended trading… Read More ›
Month: November 2021
Kroger Investigating Fake Press Release Touting Bitcoin Cash Acceptance By The Firm
Kroger Co is investigating the issuing of a bogus news release claiming that the company will accept bitcoin currency at its shops, the grocer announced on Friday. This made the company the second big retailer in recent weeks to be… Read More ›
20 countries pledge to stop public funding of fossil fuel projects abroad by 2022
Twenty countries, including the United States and Canada have agreed to stop public funding of fossil fuel projects abroad by the end of 2022 and instead steer spending into clean energy. The commitment has been termed as a “historic” step… Read More ›
Taiwan lodges trade complaint against China at WTO
Taiwan has lodged a trade complaint against China at the World Trade Organization following Beijing’s moves to block imports of two types of fruits. Taiwan-China relations have dropped to their lowest in decades following increased Chinese belligerence. China as threatened… Read More ›
Countries plan to build more cheap dirty climate change causing coal plants
While the pledge to phase out coal gained the support of 23 more countries at the U.N. climate conference in Glasgow, big users of coal, the dirtiest of fuels, shunned the move. The COP26 summit aims to find ways to… Read More ›
Merck & Co Inc and Ridgeback Biotherapeutics creates game changing COVID19 antiviral pill
Britain has become the first country in the world to approve a potential game-changing COVID-19 antiviral pill, which was jointly developed by US based Merck & Co Inc and Ridgeback Biotherapeutics, in its effort to fight the Wuhan Coronavirus. Britain’s Medicines… Read More ›
Close Eye At Ports To Be Kept By China To Curb Pandemic Risks
China has announced a high alert situation because of the Covid-19 pandemic as authorities implement stringent norms on movement in and out of the nation to decrease the threats of the spread of the pandemic in the wake of a… Read More ›
New Study Finds Cervical Cancer Rate Is Reduced By Up To 87% By Older HPV Vaccine
A long-running English research revealed that young women have an 87 per cent decreased chance of getting cervical cancer due to the human papillomavirus (HPV) if they are vaccinated against the virus in their teens using an earlier GlaxoSmithKline medication… Read More ›
StanChart Q3 profit doubles as bad loans shrink
Standard Chartered posted a higher-than-expected quarterly pre-tax profit on fewer loan impairment costs on Tuesday, as the developing markets-focused lender benefited from a recovery in pandemic-affected areas. Statutory pretax profit for the bank, which generates the majority of its business… Read More ›
Its US IPO Could Value EV Startup Rivian Nearly As Much As Honda
Rivian Automotive Inc, funded by Amazon.com Inc, is aiming for a value of more than $53 billion for its U.S. debut, putting the electric car maker on par with competitor Honda Motor. The business is aiming to raise up to… Read More ›