A survey of businesses in the British services sector released on Tuesday showed that the input costs for companies in the sector are increasing at their fastest pace in more than 20 years. This finding highlights the reason why… Read More ›
Economy & Finance
Existing COVID-19 vaccines are unlikely to be effective against Omicron COVID-19 variant: Moderna’s CEO Stéphane Bancel
In a significant development, Moderna’s CEO Stéphane Bancel said, it is unlikely that existing COVID-19 vaccines will be effective against the Omicron COVID-19 variant. With Bancel’s comments reaching the market, crude oil futures shed more than a dollar, the Nikkei gave… Read More ›
Britain’s services sector seeing price rise fastest in 2 decades
According to the results of a business survey released on Tuesday, costs for businesses are rising at their fastest rate in more than 2 decades for Britain’s services sector. As a result the Bank of England is likely to soon… Read More ›
US President Biden To Talk To CEOs Over Supply Chain Crisis As New Covid-19 Threat Looms
President Joe Biden was scheduled to meet with the chief executive officers of big retailers as well as other businesses on Monday to discuss the best way to bring products to the shelves when holiday shopping season in the U.S…. Read More ›
WHO Says Very High Global Risk Posed By Omicron
The highly altered Omicron coronavirus strain is expected to be spread across the globe and carries a significant possibility of outbreaks of infection which could result in “severe consequences” in some locations The World Health Organization (WHO) announced on Monday…. Read More ›
Fuel-Price Spike Helped Growth Of Japan October Retail Sales
Japan’s retail sales grew in the very first instance in the past three months in October. However, it was lower than anticipated, and the overall trend in private consumption suggested that the country is experiencing a prolonged strain on the… Read More ›
Indian fintech unicorn Slice raises $220M in series B funding
On Monday, in a statement India’s latest fintech unicorn Slice said, it had raised $220 million in a Series B funding round led by investment giant Tiger Global and private equity firm Insight Partners which valued the startup at more… Read More ›
US tech giants should bear partial cost of developing EU telecom networks: European telcos
On Monday, the CEO of Deutsche Telekom, Vodafone, and 11 other major European telecoms companies said, U.S. tech giants should bear some of the costs of developing telecom networks in Europe based on the fact that they use them so heavily. The… Read More ›
Black Friday sales touches $8.9 billion
This year, U.S. shoppers spent slightly less on Black Friday sales, with many shoppers visiting physical stores despite coronavirus fears, midst retailers’ efforts to encourage pre-holiday shopping. For the very first time, online spending during Black Friday, which traditionally is one… Read More ›
Netherland’s Children Are The Happiest In The World, Finds A New Study
Kids in the Netherlands are among the most joyful around according to research there are several reasons for as to why this happens. A UNICEF report released in the year 2000 found that children from the Netherlands were the most… Read More ›
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