New Yorkers have begun to spot messengers dressed in purple and yellow zooming about the city on mopeds in recent weeks. These couriers, who may also be spotted in Chicago and Boston, convey food for the Getir app, which offers… Read More ›
Day: December 21, 2021
Tough Recovery Likely For Emerging Markets But Asia To Perform Better, Says Moody’s
According to Moody’s Investor Service, emerging economies will experience hurdles in handling their economic recovery, but Asia will perform better than other regions in this regards. “The pandemic was tougher on emerging Asia markets than it was on advanced economies…… Read More ›
Top Executives Of Boeing And Airbus Call On Biden Administration To Delay 5G Deployment
A petition to the administration of the United States President Joe Biden, urging the government to postpone the rollout of new 5G cellular services, claiming that it would jeopardise aircraft safety, was made by the two largest aircraft makers of… Read More ›
Strong Demand Could Post Record Sales For Champagne Makers
Champagne producers in France are celebrating record sales for the year. This unexpected turnaround from last year’s pandemic-related problems is giving them confidence that they will be able to withstand the Omicron variant. According to Jean-Marie Barillere, president of UMC… Read More ›
Omicron affecting business confidence in UK: Lloyds Bank
As per the results of a survey released on Tuesday, business confidence in Britain has begun to feel the impact of the Omicron variant this month. The development comes at a time of the country is experiencing an increase in… Read More ›
Qatar Airways launches lawsuit against Airbus over blistered paint
In a statement Qatar Airways said, it has launched a lawsuit against EU planemaker Airbus in a bid to resolve a dispute over skin flaws on A350 passenger jets. For months, both companies have been locked in a dispute over damages… Read More ›
Booster shot appears to protect against Omicron: Moderna
In a statement Moderna Inc said, a booster dose of its COVID-19 vaccine appears to protect against the fast-spreading Omicron variant of COVID-19 in laboratory tests; its current version of the vaccine will continue to be its “first line of defense… Read More ›
Foreign financial institutions conducting business with sanctioned individuals will be sanctioned: State Department
In a significant development, the United States has named five already-sanctioned Chinese officials who have allegedly contributed to undermining Hong Kong’s democracy; it has also issued a warning to financial institutions that conducting business with these officials would lead to… Read More ›
Omicron as severe as Delta: Imperial College London
According to analysis from a recent study, early UK data shows that infections caused by the Omicron variant appears to be no less severe than the Delta variant. Researchers at Britain’s Imperial College London compared 11,329 people with confirmed or… Read More ›