Author Archives
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Angry Workers Protest At Huge iPhone Plant At Zhengzhou, China Over Covid
According to footage widely circulated online, protests have erupted at the world’s largest iPhone factory in the Chinese city of Zhengzhou. Videos show hundreds of workers marching, some of whom are confronted by people in hazmat suits and riot police,… Read More ›
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Mazda Unveiled A $11 Billion EV Spending Plan And Is Considering Investing In Battery Production
Japanese auto maker Mazda Motor Corp. announced a $10.6 billion investment plan to electrify its vehicles on Tuesday, as well as plans to invest in battery production. The company also increased its target for electric vehicles (EVs) to up to… Read More ›
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UK Is Looking Into Apple And Google’s Dominance In Mobile Browser Segment
The UK’s competition watchdog launched an in-depth investigation into Apple and Google’s mobile browser dominance on Tuesday. The Competition and Markets Authority (CMA) said that responses to a consultation launched in June revealed “substantial support” for a fuller investigation into… Read More ›
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Are Flying Taxis Becoming A Reality?
Current developments in the United States provide signals that flying taxis could be a step closer to becoming a reality. A new set of rules were published by US air regulators on Monday which formally added these flying taxis to… Read More ›
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Arm, The Top UK Chip Designer, Has Delayed Public Listing Until Later In 2023
Managers are delaying much-anticipated plans to list British chip designer Arm on the stock exchange because they are concerned that the global economic downturn and a slump in tech shares will frighten potential investors. The Cambridge-based company recently informed private… Read More ›
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Nations Ratify The COP27 Agreement With The “Loss And Damage” Fund
At the COP27 climate summit early on Sunday, nations adopted a contentious final agreement that establishes a fund to aid poor nations suffering from climate disasters but does not step up efforts to reduce the emissions that cause them. After… Read More ›
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Qatar’s Beer Ban Has Curtailed, But Not Ended, Budweiser’s World Cup Campaign
A last-minute decision to prohibit the sale of alcohol at World Cup stadiums in Qatar will significantly reduce Budweiser sales in the Gulf state, but will not derail its owner’s global campaign during the tournament, according to industry analysts. FIFA’s… Read More ›
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New Loss And Damage Proposals Are Floated At COP27 By UK, US And Other Nations
According to a source familiar with the situation, a coalition of developed countries, including the United States and the United Kingdom, has released a draft proposal on loss and damage funding. According to a draft that Reuters has access to,… Read More ›
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2 Days Prior To Start Of The Tournament, Qatar Bans Beer From Football World Cup Stadiums
FIFA, the governing body of soccer in the world, announced on Friday that Qatar is banning all beer sales at and around its World Cup stadiums in a dramatic U-turn just two days before the enormous soccer tournament gets underway…. Read More ›
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Binance Will Relaunch Its Bid To Acquire The Bankrupt Voyager Digital
Binance’s US unit is relaunching its bid to buy bankrupt lending platform Voyager Digital, according to Coindesk, citing a person familiar with the matter. The report comes just days after FTX, which was set to acquire Voyager’s assets after signing… Read More ›
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