Author Archives
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WHO Warns Hard-Won Gains Against Covid-19 Could Be Lost To Delta Variant
The spread of the highly transmissible delta variant of the novel coronavirus could pose a threat to the hard-won gains in fighting Covid-19 that the world has achieved so far, warned the World Health Organization on Friday but added that… Read More ›
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Luxury Brand Prada Forecasts Continued Sales Growth In Second Half
Following expectation beating revenues for the first six months of the current year, Italian fashion group Prada forecast continued growth in sales for the he second half of the year as the luxury brand continued to recover from the hit… Read More ›
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Strong Rebound In Euro Zone But Inflation Above ECB Target
The euro zone economy put off a Covid-19 pandemic induced recession in the second quarter as it grew faster than expected with the easing of restrictions and curbs to stop the spreading of infections. However the inflation shot past… Read More ›
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Europe Inc Emerge From Pandemic Blues With Strong Results
A generally buoyant mood among European companies staging a turnaround from the coronavirus pandemic was reflected in the better than expected financial earnings as reported on Thursday by carmaker Volkswagen, plane maker Airbus and energy major Royal Dutch Shell. The… Read More ›
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Chip Shortage Will Affect iPhone Production, Says Apple, Forecasts Slow Growth
Production of iPhones is likely to be affected by the global chip shortage, said Apple Inc on Thursday, while saying that sale of its Macs and iPads have been hit by the shortage. The company also forecast slower revenue growth… Read More ›
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Following Record Quarterly Profit, Microsoft Forecasts Steady Cloud Revenue Growth
A boom in demand for its cloud services more than adequately offset a decline in sale of its PCs because of the global chip shortage helped Microsoft Corp to post its most profitable quarter on Tuesday as it comfortably beat… Read More ›
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Record Car Deliveries Propels Tesla’s Profits For Second Quarter
Even in the face of a global shortage of semiconductor chips for the auto industry and a delivery delays because of congestion at ports hitting its production, a surge in profits for the latest completed quarter was reported by the… Read More ›
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70% Vaccination Target To Be Achieved By End Summer, Says EU
At least 70 per cent of the adult population of the European Union will get vaccinated by the end of summer as previously announced by the bloc since that very percentage of EU residents 18 years or older have received… Read More ›
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South Korean Study Finds Covid-19 Antibody Levels Boosted By Mixed AstraZeneca-Pfizer Shots
A new study from South Korea has found that a mixed dosage of Covid-19 vaccination was able to boost the neutralizing antibody levels by six times compared to two doses of the same vaccine. The study was conducted using the… Read More ›
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Cryptocurrencies Surge After Amazon Put Out Bitcoin Job Advertisement
Following the revelation of that the e-retailer Amazon.com about it hiring an expert in the field of cryptocurrencies, the value of some cryptocurrencies surged. The company put out an advertisement for a “digital currency and blockchain product lead” to look… Read More ›
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