Author Archives
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With Mounting Opposition And Debt, Momentum Being Lost By China’s Belt And Road Plans
According to a new report released on Wednesday, China’s massive Belt and Road Initiative (BRI) is in danger of losing momentum as resistance grows in target nations and debts build, clearing the door for competing projects to force Beijing out…. Read More ›
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Study Finds 37% Recovering Covid-19 Patients Have At Least One Long-Term Symptom
A large study conducted by Oxford University and the National Institute for Health Research, which was made public on Wednesday, revealed that 37 per cent of the patients that were examined in the study were found to be suffering from… Read More ›
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Analysts Predict Record Deliveries For Tesla For In The Third Quarter Despite Component Supply Issues
On Tuesday, Wall Street analysts raised their forecasts for the quarterly car deliveries for the United States based electric car maker Tesla. One of the market research firms noted that the third quarter would be the best ever quarter for… Read More ›
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Its Highest Every Quarterly Loss Of $5.9bln Reported By Malaysia’s AirAsia X
Its highest every quarterly loss of $5.9 billion was posted by Malaysia’s AirAsia X Bhd on Monday. This loss amount was eight times higher than what the company had reported for the same quarter a year ago. One of the… Read More ›
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Forecasts For America’s Growth For 2021 Cut Down By Economists, Shows New Survey
A new survey released on Monday shows that the hit of the surge of Covid-19 caused by the delta variant of the coronavirus in the United States prompted business economists to mark down their estimates and forecasts of growth for… Read More ›
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Intensified Chinese Crackdown On Cryptocurrencies Caused Fall In Bitcoin And Ether Prices
The tough words against cryptocurrencies in general and bitcoin in particular from China resulted in a drop in eth value of bitcoin and ether Since Friday. According to Coin Metrics statistics, the price of bitcoin decreased almost 5 per… Read More ›
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EU’s Plans For Mandating Common Charger Port For All Devices Opposed By Apple
In the face of opposition from Apple, the European Commission has proposed using of a single charger connector for all mobile phones, tablets, and headphones. According to an 18-page guideline issued recently, a universal charger for all manufacturers “would benefit… Read More ›
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All Cryptocurrency Transactions Declared Illegal In China
The Chinese central bank has effectively outlawed all digital currencies such as bitcoin as it declared this week that it would be illegal to be engaged in all cryptocurrency transactions. “Virtual currency-related business activities are illegal financial activities,” the People’s… Read More ›
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Truck Driver Scarcity Could Force Britain To Ease Visa Rules
Britain is likely to unveil plans to give temporary visas to truck drivers in order to ease a severe labour shortage, which has resulted in gasoline restrictions at certain filling stations and store warnings of considerable disruption in the run-up… Read More ›
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China’s Alibaba To Sell 5per cent Stake In Chinese Broadcaster Following Regulatory Crackdown
Its whole 5.01 per cent interest in broadcaster Mango Excellent Media Co Ltd will be sold by an investment arm of the Chinese e-commerce giant Alibaba Group Holding Ltd, which has been targeted in a regulatory crackdown, according to the… Read More ›
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