Author Archives
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2020 US Economy Performance Worst In 74 Years Due To Covid-19 Hit
The Cvoid-19 pandemic significantly life-saving financing lifeline in eth United States in 2020 along with investments in business resulting in the largest economy of the world posting a contraction for the year that was the deepest since World War II…. Read More ›
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EU Uses More Renewables Then Fossil For Power Generation In 2020
For the first time in its history in 2020, the use of renewable energy sources for generating electricity in the European Union overtook its use of fossil fuel with new projects coming online and a deliberate reduction of use of… Read More ›
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Biggest IPO Since Pandemic Could Be Launched By Tiktok’s Rival In China – Kuaishou
A rival of the Chinese version of TikTok is reportedly getting readu to launch an initial public offering which is expected to be the largest IPO of the world since the beginning of the novel coronavirus pandemic. The Beijing based… Read More ›
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China’s Huawei In Negotiations To Divest Its P And Mate Brands: Reuters
In a move that could eventually see the Chinese firm Huawei Technologies Co Ltd exiting the high-end smartphone-making business, the firm was reported to be in early stage talks to sell its premium smartphone brands P and Mate, claimed a… Read More ›
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Its Vaccine Will Still Protect Against Virus Variants, Says Moderna
United States based pharma company Moderna said that its Covids-19 vaccine that is already being used in a number of countries is effective against the new variants of the virus that have been detected in Britain and South Africa However… Read More ›
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China’s Growth And Xi’s Leadership Will Be Challenged By Potential For New Pandemic Outbreak
China, the second largest economy of the world, was expanding at a quarterly rate of 6.5 per cent in November last year when the United Kingdom was going into a second lockdown and its economy was contracting. Recent data has… Read More ›
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US Set To Import Record Canadian Oil Even If The Keystone XL Project Is Shelved
The new president of the United States has shelved the Keystone XL pipeline project on his first day at office but despite that the US has been able to position itself to pull in record imports of Canadian oil in… Read More ›
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India’s IndiGo Airlines Quickly Recovers From Pandemic Hit, Eyeing Foreign Growth
Boosted by a fast recovery of the domestic aviation market of India to almost 80 per cent of the pre pandemic levels, as well as by its financial strength used for enhancing its market share even as rivals are struggling,… Read More ›
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Alibaba’s Jack Ma Appears In Online Meet In His First Public Appearance In Three Months
Setting aside months of speculation of where Alibaba Group founder Jack Ma was after he was not seen on a public platform for months, the Chinese billionaire appeared on a public platform through a video meeting with 100 rural teachers… Read More ›
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£600m Lawsuit Over Overcharging Customers To Be Filed Against BT
A law suit is slated to be filed against British telecom (BT) over charges that the telecom company did not adequately compensate its elderly customers even after overcharging them fpr their landlines for years. Those BT customers who only had… Read More ›
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