Prices of fresh vegetables in China surged by as much as 30.6 per cent in November compared to their prices in the same month a year ago, showed the latest statistics from the country’s National Bureau of Statistics on Thursday…. Read More ›
Economy & Finance
Canada and UK join diplomatic boycott of Winter Olympic Games in Beijing
Canada has joined the United States, Britain and Australia, in a diplomatic boycott of the Winter Olympics in Beijing. Washington was the first to announce the boycott of the Winter Olympics in Beijing citing China’s gross human rights “atrocities” in… Read More ›
Goldman Sachs faces class action lawsuit related to sub prime crisis
In a significant development U.S. District Judge Paul Crotty in Manhattan ruled that Goldman Sachs Group Inc will have to again face a class action by shareholders who said they lost $13 billion since the bank hid conflicts of interest when… Read More ›
The US Issues Warning Of Flight Diversion And Delays Due To Roll Out Of 5G Technology
The Federal Aviation Administration (FAA) of the United States issued a warning on Tuesday that interference originating from the planned use of 5G wireless spectrum presented a risk to aviation safety and might result in flight delays. Concerns have been… Read More ›
Ford Motor to invest $900M in Thailand
In a statement Ford Motor Co said it would invest $900 million to modernize its factories in Thailand which produces its Ranger pickup and Everest SUV; the investment is the company’s single largest in the country. The investment would be through… Read More ›
India Russia sign 28 investment pacts
In a statement Indian Foreign Secretary Harsh Vardhan Shringla said, New Delhi and Moscow have signed 28 investment pacts including deals on shipbuilding, steel, energy and coal. Putin’s visit to India comes at a time when Russia has just commenced… Read More ›
US Private sector should have full clarity on what’s happening in Xinjiang before operating there: State Department
In a statement the U.S. State Department said, the private sector should have full clarity on what is transpiring in Xinjiang, China. The statement comes at a time when the Biden Administration has decided it will not send government officials… Read More ›
Lessons from Wuhan Coronavirus should not be squandered: Oxford-AstraZeneca
In a statement vaccine maker Oxford-AstraZeneca said, future pandemics could potentially be more lethal than COVID-19; the lessons learned from coronavirus induced COVID-19 outbreak must not be squandered. According to Johns Hopkins University, the Wuhan Coronavirus has, so far, killed 5.26… Read More ›
Crude oil prices rise after Saudi price hike
Oil prices have risen by more than $1 dollar after Saudi Arabia raised prices for its crude oil sold to the United States and Asia. Brent crude futures for February gained $1.69 to $71.57 a barrel while U.S. West Texas… Read More ›
Tesla petitions court to affirm arbitrator’s decision in engineer defamation lawsuit
Tesla Inc has filed a petition in a San Francisco federal court asking it to affirm an arbitrator’s recent decision dismissing a former engineer’s claims that it had fired and defamed her for raising concerns regarding contracting practices and defective floormats…. Read More ›
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