Author Archives
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UK Economy Barely Grew In July Due To Spread Of Delta Variant Of Covid-19
Official data from the United Kingdom released on Friday showed that the country’s economy barely grew in the month of July as the Delta variant of Coronavirus had spread rapidly within the after the lifting of lockdown restrictions. According to… Read More ›
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Euro Zone Recovery Weakened In August Due To Supply Chain Issues
Despite concerns of the spread of the Delta variant of the coronavirus and significant issues of supply chains, business activity in the euro zone remained strong in August, according to a survey which indicated that the euro zone economy could… Read More ›
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11 Ride-Hailing Firms, Including Didi, Summoned By Chinese Regulators Over ‘Illegal’ Practices
Eleven ride hailing companies in Chian were ordered to rectify their non-compliant behaviour by Chinese regulators after representatives of the companies were summoned and interviewed. Interviewing of the companies, including Didi, T3 and Meituan, were conducted jointly by the country’s… Read More ›
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Record 225 Mln Euro Fine Slapped On WhatsApp By Ireland Over Privacy
Irish data protection regulator slapped a record 225 million euro ($266 million) fine on Facebook’s WhatsApp following pressure on Ireland by the European Union privacy watchdog to increase the penalty amount for breach of privacy charges. While saying that the… Read More ›
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Last Stock Of Leaded Petrol Exhausted, Eliminating It From The World, Said The U.N.
According to a declaration by the United Nation’s Environment Programme (UNEP), the last remaining stocks of leaded petrol have been used by completely last month – eliminating the high pollution causing fossil fuel. This was achieved after the UNEP campaigning… Read More ›
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Ryanair And Lufthansa Signal Strong Recovery Of European Airline Industry
A “very strong recovery” in the coming months in the airline industry is expected by Ryanair, the largest airline of Europe by passenger numbers, according to the company’s Group Chief Executive Michael O’Leary. Its target of flying more than 10.5… Read More ›
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The Delta Variant And Supply Chain Issues Slow Down Growth In China In August
With China trying to tackle a surge in Covid-19 cases and grappled with the ongoing shipping crisis, the economy of the country slowed down in August. An official survey denoting manufacturing activity dropped to 50.1 in August compared to 50.4… Read More ›
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Data To Evaluate Covid-19 Booster Shots For General Population Is Limited, Says CDC Scientist
There is limited data available that can be used for proper evaluation of the need for Covid-19 vaccine booster shots for the general population, said a CDC scientist. There is pressure on American health officials by President Joe Biden to… Read More ›
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Reports Of Talks With Tesla Pushes Share Price Of Indian Auto Parts Makers
Following reports in the local media about the United States based electric car maker Tesla holding talks with at least three auto parts suppliers of India to decide on sourcing critical parts for its cars for an anticipated entry of… Read More ›
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Economists Fear A Slowdown In Australian Q2 Economy Even Before The Delta Hit
Australian economy is likely set to fall into a vicious contraction in the third quarter as the economy was likely already slowing down prior to the imposition of wide scale coronavirus restrictions which closed down business and jobs. If the… Read More ›
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