Author Archives
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Uber Wants Its Workers To Attend Office At Least Three Days A Week
The ride hailing company Uber will allow its employees to work from home but only for two days of the week even as Covid-19 restrictions are getting relaxed in many countries and offices are reopening, Nikki Krishnamurthy, the company’s chief… Read More ›
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Weaker Economic Recovery For 5 Southeast Asian Countries Due To Lingering Covid-19 Restrictions: IMF
Its forecast for a number of Southeast Asian economies was downgraded by the International Monetary Fund even while becoming more optimistic about the fortunes of the global economy and the broader Asia-Pacific region. The five largest developing economies in Southeast… Read More ›
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Deliveroo’s IPO Flop Not A Deterrent For British Cybersecurity Firm Darktrace To List In London
Concerns that the poor initial public offering by the British food delivery app Deliveroo did not deter the United Kingdom based cybersecurity start-up Darktrace to announce plans to go public in London. This was announced by Darktrace on Monday. The… Read More ›
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Big Relief For US EV Makers Comes From Deal Between Korean Battery Firms
A deal on an intellectual property dispute has been reached between two major makers of lithium batteries that are used for electric vehicles. An unresolved dispute had threatened to hit the supply of batteries crucial for boosting production of electric… Read More ›
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Best Ever Quarter For Rolls-Royce In Its 116-Year History As Wealthy Customers Spend More
The best quarterly performance in its 116 year old history as a luxury car maker was reported by Rolls-Royce Motor Cars for its latest completed quarter. The company said that there was strong demand from the wealthy of the world… Read More ›
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Seven Chinese Supercomputer Groups Blacklisted By China
Seven Chinese business groups that were charged with manufacturing supercomputers for use by the country’s military were blacklisted by the United States. This is the first such move by the new Biden administration of the United States to put pressure… Read More ›
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Swiss Watchmakers To Finally Focus On Online Sale Channels To Revive Sales
In the hope of reviving sale which has been significantly hit by the Covid-19 pandemic, a new all-digital Watches & Wonders event was launched recently by luxury Swiss watch makers who are usually not known to be big fans of… Read More ›
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BP Achieves Net Debt Target Of $35 Billion Prior To Its Announced Schedule
Energy group BP said that it has set itself up for delivering on its promise of buying back shares as the company said that in the first quarter of the current year, it had likely brought down its net debt… Read More ›
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More Billionaires Now Reside In Beijing Than Any Other City In The World
The latest Forbes’ annual rich list shows that there are more billionaires in the Chinese capital of Beijing than in any other city on the world. The business magazine said that 33 new billionaires were added to the city last… Read More ›
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Permanent Work From Home For Thousands Of HSBC And JP Morgan Employees Planned
Thousands of employees of lenders HSBC and JP Morgan are to work from home on a permanent basis – indicating that this trend that was significantly accelerated during the Covid-19 pandemic will potentially continue well after the pandemic is over…. Read More ›
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