U.S. President Joe Biden has promised NATO members countries in central Europe of heightened military support following concerns of a Russian troop build-up near the Ukrainian border. Biden has also reassured its allies that Washington would not reach any agreement… Read More ›
Day: December 10, 2021
General Motors re-enters rare earths industry
In a significant development that marks the return of General Motors Co to the rare earth industry, the US automaker now plans on sourcing rare earth magnets for its future line of electric vehicles from new U.S.-based manufacturing facilities under two… Read More ›
Bayer wins second Roundup lawsuit
In a significant development a jury in California jury found Bayer’s Roundup weedkiller was not the cause of a woman’s non-Hodgkin’s lymphoma, said Bayer in a statement. The verdict marks the second such victory in court for the chemical giant… Read More ›
China’s domestic air traffic suffering due to harsh ZERO-COVID-19 policy
China’s domestic air traffic is caught between the devil and the deep sea. While it was once the world’s envy after China staged a super fast recovery from the Wuhan coronavirus, air traffic footfalls are now faltering with Chinese authorities… Read More ›
Chinese AI startup SenseTime Group holds urgent talks with HKSE following reports of it being placed on US trade blacklist
According to two sources with direct knowledge of the matter at hand, Chinese artificial intelligence startup SenseTime Group is in talks with officials of the Hong Kong Stock Exchange regarding the fate of its $767 million planned IPO in Hong… Read More ›
Starbucks facing increased efforts ay unionizing at several locations
In a significant development, employees of Starbucks Corp voted to join a union at a store in Buffalo, New York, marking the company’s first unionized company-owned location in the United States. Workers at a second location in New York voted to… Read More ›