In a statement the U.S. Department of Agriculture (USDA) and the U.S. Agency for International Development (USAID) said, they will contribute around $700 million in total to international food security efforts. The funds will go to emergency food operations in… Read More ›
Economy & Finance
Microsoft’s $15 Billion Cybersecurity Division Is Providing Investors With Additional Reasons To Be Optimistic
Microsoft CEO Satya Nadella acknowledged the amount of the software company’s security business for the first time in January 2021. The sum was significant. On an earnings call, Nadella told analysts that the company had hit $10 billion in yearly… Read More ›
Donald Trump Will Not Return To Twitter Even If Ban On Him Is Lifted By Elon Musk
Former United States President Donald Trump has said that he would not return to Twitter even if the company’s new owner, Elon Musk, restored the former president’s ban. “No, I won’t be going back on Twitter,” Trump said in an interview… Read More ›
Britain reduces tariffs on Ukrainian exports to Britain to zero
In a statement the British government said, all tariffs on goods exported by Ukraine to Britain under an existing free trade agreement will be removed to help the Ukrainian economy. “All tariffs would be reduced to zero and all quotas… Read More ›
Europe-South Korea relations key to managing fallout of US-China rivalry
According to former ambassadors and government officials, it is important that Europe nurtures closer ties with South Korea under South Korean President elect Yoon Suk-yeol to manage China’s rising power and the increasing rivalry between the United States and Beijing…. Read More ›
Sri Lanka in early debt refinancing talks with China
On Tuesday, a spokesman for Sri Lanka’s cabinet said, Sri Lanka has started negotiations with China on refinancing its debt as it struggles to manage its worst financial crisis in decades. “Now since the IMF is willing engage with Sri… Read More ›
Twitter Board Of Directors Meets With Musk To Discuss Acquisition Deal – Reports
Elon Musk reportedly met with Twitter’s board of directors over the weekend to discuss his $43 billion buyout offer. Following the announcement of the Tesla CEO’s bid, Twitter’s management declared a “poison pill” strategy to stave against a hostile takeover…. Read More ›
End Of The Road For Datsun Automobiles Has Been Signalled By Nissan
Japanese car maker Nissan has announced that it will no longer produce automobiles under the Datsun brand, which has a more than century-long heritage. It was one of the brands that helped Japanese automakers gain international recognition following WWII. The… Read More ›
EU to unveil regulations on carbon footprint of batteries
On Monday, in a statement, Germany’s economy ministry said, “A consortium of carmakers and battery producers including BMW, Umicore and BASF will work alongside technology partners to develop a battery passport that traces the content and carbon footprint of batteries in Europe”. The… Read More ›
EU Chief visits India with trade tech, military offers
On Monday, a senior official from the EU said, during European Commission President Ursula von der Leyen’s visit to India, she will seek to increase sales of European military equipment to India and relaunch talks of a free trade agreement…. Read More ›