Author Archives
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Health Officials In UK Find Polio Virus Sewage Samples Of London, Government Declares National Incident Sewage Samples
The United Kingdom’s health authorities have stated that they are examining a rare polio virus detection in sewage samples in London, which might jeopardise the country’s polio-free status for the first time in nearly two decades. Between February and May,… Read More ›
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Toyota Recalls Its First Mass-Produced Evs Less Than Two Months After Its Launch
Toyota Motor Corp announced on Thursday that it would recall 2,700 of its first mass-produced electric cars (EVs) due to a risk of wheels coming free. The world’s largest manufacturer by sales notified Japan’s transportation ministry of the recall of… Read More ›
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UK Inflation Now At Hits 40-Year High And Highest Among G7 Countries
Food price increases boosted British consumer price inflation to a 40-year high of 9.1 per cent last month, the highest rate among the Group of Seven countries and highlighting the severity of the country’s cost-of-living crisis. The reading increased from… Read More ›
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Europe Could Return To Using Coal As Russia Significantly Reduces Gas Supply
Europe’s largest Russian gas purchasers were scrambling to find other fuel supplies and even considering burning additional coal to compensate for lower gas flows from Russia on Monday, which threatened an energy crisis in winter if reserves were not replenished…. Read More ›
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Workers Of Apple Store In US To Form A Trade Union, The First For The iPhone Maker In US
Employees at an Apple store in Maryland chose to unionise, establishing the tech giant’s first retail union in the United States. The Towson store employees voted 65-33 in favour of the initiative, with approximately a dozen abstentions. After the results… Read More ›
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China’s Xi Predicts Commerce With Russia Will Break Records In The Coming Months
Despite Western sanctions on Russia for its invasion of Ukraine, Chinese President Xi Jinping has reiterated his country’s determination to trade with Russia. “Today our cooperation between Russia and China [is] rising,” Xi said, according to an official English translation… Read More ›
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Bank Of England Hikes UK Interest Rates To 1.25%
Interest rates in the United Kingdom have climbed further as the Bank of England works to slow the rate of price rises. Rates have risen from 1 per cent to 1.25 per cent for the fifth time in a row, reaching… Read More ›
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Revlon Declares Bankruptcy As The Online Beauty Race Hits Sales Of The Company
Revlon Inc has declared bankruptcy after succumbing to debts incurred in its efforts to compete with online-focused upstarts. In a court statement on Wednesday, the 90-year-old company, known for its nail polishes and lipsticks, stated assets and liabilities ranging from… Read More ›
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US Fed Raises Interest Rates For The First Time Since 1994, Signalling A Deteriorating Economy
The Federal Reserve approved its largest interest rate hike in more than a quarter-century on Wednesday to stem a surge in inflation that U.S. central bank officials acknowledged may be eroding public trust in their power and is being driven… Read More ›
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Bitcoin Drops To A New 18-Month Low As The Crypto Collapse Worsens
Bitcoin fell to a fresh 18-month low on Wednesday, bringing smaller tokens down with it and worsening a market crisis caused by crypto lender Celsius suspending customer withdrawals earlier this week. The world’s largest cryptocurrency dropped 7.8 percent to $20,289,… Read More ›
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