Indian grocery startups are enticing tech-savvy consumers with the guarantee of 10-minute deliveries, igniting a surge in “quick commerce” while also raising concerns about road safety as bike riders rush to meet tight deadlines. Amazon, Walmart’s Flipkart, and Indian billionaire… Read More ›
Economy & Finance
ECB’s Lagarde Says Nothing Like ‘The Great Resignation’ Being Seen In Europe
According to European Central Bank President Christine Lagarde, inflation in the euro region is unlikely to reach the levels witnessed in the United States. The ECB’s monetary policy has been questioned due to the euro zone’s high inflation, with the… Read More ›
Complete Ban On Crypto Mining And Trading Proposed By Russia’s Central Bank
Russia’s central bank advocated a total ban on the use and mining of all cryptocurrencies, citing threats to the country’s financial system and ecology. Cryptocurrency has all the signs of a pyramid scheme and threatens monetary policy sovereignty, according to a… Read More ›
Amazon Will Launch Fashion Store With Algorithms Suggesting What Shoppers Should Try
The vision of Amazon.com Inc. for the departmental stores of the future comprises algorithmic recommendations and a “magic closet” in the fitting room, according to one corporate director of the company. The online retailer has announced that it will build… Read More ›
Google Spent 27% More In Lobbying In Washington In 2021 Amid Efforts Of Lawmakers To Curb Big Tech
According to the Senate lobbying disclosure database, Google expended 27 per cent higher on lobbying in the United States in 2021 than it did in 2020, with total spending of $9.6 million. That’s less than the more than $20 million… Read More ›
Germany Plans To Draw In 400,000 Skilled Workers From Foreign Countries Each Year
The new coalition government in Germany intends to bring in 400,000 competent foreign workers per year to address a demographic imbalance as well as labor shortages in key industries that might jeopardize the country’s recovery from the coronavirus outbreak. “The… Read More ›
Intel’s $20 billion chip plant in New Albany, Ohio is only first among eight factory complexes
On Friday, Intel Corp announced, it will invest $20 billion to set up a new chip manufacturing center near Columbus, Ohio which will develop and manufacture advanced semiconductors. The investment will create at least 3,000 permanent jobs on a 1,000-acre… Read More ›
Russia could attack Ukraine on very short notice: U.S. Secretary of State Antony Blinken
In a significant development U.S. Secretary of State Antony Blinken has warned that Russia could launch an attack on Ukraine at “very short notice”. Blinken made the comments on his arrived in Kyiv in a diplomatic push towards defuse tensions… Read More ›
China failed to meet Phase 1 purchase commitments, yoo early to withdraw US tariffs on Chinese goods: Biden
In a statement U.S. President Joe Biden said, it was too early to make any commitments on lifting U.S. tariffs on Chinese goods, while USTR Katherine Tai said she was working on the issue. “I’d like to be able to be… Read More ›
US Mobile Companies Agree To Implement A Further Deal In 5G Deployment At Airports
AT&T and Verizon, two major US wireless carriers, have agreed to delay the launch of their new 5G service at some airports. The C-band service, which provides faster speeds and more coverage, was supposed to go live tomorrow. However, airlines… Read More ›