Author Archives
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Inditex, Owner Of Zara Brand, Close All Stores In Venezuela
All of the stores in Venezuela of brands such as Zara, Bershka and Pull & Bear, will be closed in the coming weeks by the owner of the brands Inditex following reviewing of a deal between the retailer and its… Read More ›
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9 New Billionaires In Pharma Industry Created By Covid-19 Vaccines
At least nine new billionaires were created by the covid-19 vaccines following surge in the shares of the companies producing the vaccines. Moderna CEO Stéphane Bancel and Ugur Sahin, the CEO of BioNTech, which co-developed producing a vaccine with Pfizer,… Read More ›
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Taiwan Accused China Of Spreading Fake News Amid Spike In Covid-19 Infections
China is spreading fake news about the Covid-19 situation in Taiwan, alleged a Taiwanese official. This is the reason that publicising and refuting some of the instances of false information that have been circulating online is being done by the… Read More ›
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Antifungal Drug Shortage In India As Covid-19 Survivors Contract The Rare Complication
With the healthcare system of India reeling under a massive wave of coronavirus infections, the country said on Friday that measures were being undertaken to address a shortage of a medicine that is used for treating of a rare fungal… Read More ›
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With Economy Reopening, Retail Spending Soars In The UK
After months of lockdown, retail shops have reopened in the United Kingdom and the British shoppers spend lavishly on new clothes in April, showed official data on Friday. According to experts, this was a further signal of a robust recovery… Read More ›
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Despite Concerns Over British Farming, UK Offers Free-Trade Deal To Australia
A new set of trade deal terms have been offered to Australia by the United Kingdom according to which the two trading partners will phase out taxes on imports over a period of 15 years. There were reports of a… Read More ›
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Danish Court Orders Carlos Ghosn To Pay Back $6 Million To Nissan And Mitsubishi
A court in Denmark ordered the fugitive former car executive Carlos Ghosn to repay 5 million euros ($6.1 million) in wages to Nissan and Mitsubishi in relation to a case that he had brought. At the core of this… Read More ›
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Cellphone Fee Drop Offsets Input Costs As Consumer Price Fall Continue In Japan
A record drop in cellphone fees offset the rise in energy prices in Japan in April resulting in the country recording the ninth straight month of a drop in core consumer prices. This suggested that the economic recovery of the… Read More ›
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Unexpected Surge In Chinese Export In April As US Recovers And India Stalls
With a growth in demand because of a fast rebound of the United States economy from the Covid-19 pandemic hit, there was an unexpected surge in the exports of China last month. The global export market of China was also… Read More ›
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EU’s Draft Summit Statement Shows It Seeking India’s Support For Plastics Treaty
A draft statement prepared for a virtual summit shows that India will be asked to join the efforts of the European Union to create a global treaty on plastic pollution. “The EU invited India to consider endorsing the Leaders’ Pledge… Read More ›
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