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 ›
Month: December 2021
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 ›
Davos Meeting Postponed By World Economic Forum Over Covid-19 Concerns
Health and safety concerns resulting from Covid-19 and its Omicron variant has prompted the annual January gathering of world leaders, billionaires, and executives in Davos, Switzerland to be postponed. “The World Economic Forum will defer its Annual Meeting in Davos, Switzerland, in the… Read More ›
Graphite Shortage Concerns For Chinese Electric Vehicle And Battery Makers
While they travel the globe for the lithium, nickel, and cobalt resources required to put China at the forefront of the electric vehicle (EV) race, Chinese battery and EV manufacturers are concerned about a material that is much closer to… Read More ›
EV Startups Seeking Mass Production At Low Costs
All of the electric vehicle and van startups vying to be the next Tesla Inc want to avoid Elon Musk’s “manufacturing hell.” However, electric vehicle companies such as Arrival SA (47K.F) in the United Kingdom and Fisker Inc in the… Read More ›
Health Authorities In New Zealand Say Death Of 26-Year-Oldl Lnked To Pfizer’s Covid-19 Vaccine
Authorities in New Zealand on Monday linked to the death of a 26 year old man of the country to Pfizer Inc’s Covid-19 vaccine. It was reported that the deceased suffered myocarditis which is a rare form of inflammation of… Read More ›
Toyota Motor Corp suspends production at 5 domestic plants from January citing supply chain issues
On Monday, in a statement Toyota Motor Corp said, it will suspend production at five domestic factories in January 2022 following chip shortages and the outbreak of the Omicron variant of COVID-19. The suspension of production will impact around 20,000 vehicles,… Read More ›
The resignation of Britain’s Brexit Minister creates increased uncertainty of issues surrounding Northern Ireland
Britain’s Brexit minister David Frost has submitted his resignation last week over disillusionment with the direction British Prime Minister Boris Johnson was leading the country after Brexit. Frost’s resignation raises question of Britain’s future tone with EU over post Brexit… Read More ›
Bank of Montreal in advanced negotiations to acquire U.S. unit of French bank BNP Paribas SA
As per a report from the Wall Street Journal, the Bank of Montreal is in advanced talks to acquire the U.S. arm of French bank BNP Paribas SA. An agreement could emerge as early as this week, if the talks… Read More ›
Will pay $11B in taxes this year: Elon Musk
In a tweet, Tesla Inc’s CEO Elon Musk said, he will be paying more than $11 billion in taxes this year. The development comes in the wake of Democratic Senator Elizabeth Warren tweeting that Musk should pay taxes and stop “freeloading… Read More ›