Author Archives
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Cease-Fire In Transatlantic Trade War Was Urged By Airbus CEO
An urgent call for a “cease-fire” in the on-going trade spat between the European Union and the United States over aircraft subsidies was given by the head of European plane maker Airbus on Saturday. The company said that the damage… Read More ›
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Bitcoin Touches New Record High As Its Market Cap Surges Past $1 Trillion
Investors in bitcoin apparently unheeded warnings by analysts that the crypto currency is an “economic side show” and is a poor hedge for the drop in stock prices as the market capitalization of the virtual currency hit a value of… Read More ›
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Despite Manufacturing Growth, Business Activity Of Euro Zone Dips Again In February
There was a slight improvement in European business activity in February even though the economy continued to contract with the Covid-19 pandemic still forcing governments to impose social restrictions, showed preliminary data that was released on Friday. The Covid-19 pandemic… Read More ›
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Canada Intent To Follow Australia To Force Facebook To Pay For News
After Australia, the Canadian government has said that it will make Facebook Inc shell out money for the news content that it uses on its platform and has sought to get together allies in the media battle with tech giants…. Read More ›
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British American Tobacco Reports Profit Rise Even With Fall In Sales
British American Tobacco (BAT), the owner of a number brands of cigarettes including Lucky Strike, Pall Mall and Camel, reported an almost 9 per cent growth in its profits even though the noted lower sales of its products partially because… Read More ›
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China Becomes EU’s Biggest Trading Partner In 2020 Outpacing The US
China has overtaken the United States as the largest trading partner of the European Union in 2020. While there was a fall in EU’s trading with most of its major trading partners during the pandemic hit year, China on the… Read More ›
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Ratings Firm S&P Predicts Indian Economy To Grow At 10% In Fiscal 2022
The Indian economy is set to make a recovery from the pandemic induced economic contraction by next year, said the ratings agency S&P Global Ratings on Tuesday. The ratings agency predicted in a report that in fiscal 2022, the largest… Read More ›
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UK Study Claims New Kent Coronavirus Variant Could Be 70% Deadlier
A report by the United Kingdom government’s scientific advisers claimed that the variant of the novel coronavirus that is dominant in the UK could be as much as 70 per cent more deadly than the previous strains. The prevalent concerns… Read More ›
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India To Be The Second Largest Covid-19 Vaccine Maker Of The World After The US
Because of its capacity to make Covid-19 vaccines both for its own population and other developing countries, analysts believe that India could become the second largest Covid-19 vaccine maker of the world. Historically, India makes most of the vaccines of… Read More ›
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Covid-19 Impact, Japanese Economy Contracts By 4.8% In 2020
Despite the Japanese economy growing in the fourth quarter of 2020, the economy could not make up the loss that it had sustained during the earlier part of the year because of the Covit-19 pandemic as the Japanese economy registered… Read More ›
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