With British companies struggling with the new terms of trade following Brexit, the exports of the country collapsed in January. In the in its first month that it was completely outside the bloc, the United Kingdom reported a drop of… Read More ›
Economy & Finance
Third Wave Of Covid-19 Hits Germany While Italy Planning Easter Lockdown
A third wave of the Covid-19 pandemic has already started in Germany, warned the head of Germany’s public health agency earlier this week. This warning came at a time when lockdown restrictions were being gradually relaxed across the country even… Read More ›
Bitcoin’s Value Zooms Past $60,000 For First Time
The record breaking surge in its price is continuing with the crypto currency bitcoin as this virtual currency surged past the $60,000 mark for the first time. The recent surge in the value of bitcoin – which has risen by… Read More ›
GM To Make Batteries In Joint Venture With Lithium Metal Battery Startup
United States based auto maker General Motors Co is targeting to boost its battery development capacity so that it can offer a higher single charge driving range for its electric cars in a smaller package and is set to start… Read More ›
Ride Hailing Firm Grab In Talks For A Listing Via SPAC: Reports
Negotiations are currently on for the public listing of ride hailing company Grab Holdings Inc using a special purpose acquisition company, said reports quoting sources with knowledge of the matter. The listing could set the valuation of the company at… Read More ›
Experts Say Microsoft’s Flaw Being Exploited By Ransom-Seeking Hackers
A recently disclosed flaw in Microsoft’s widely used mail server software is being targeted by hackers who seek ransom, claimed a researcher and added that there can be widespread digital disruption if there is a serious escalation of the hacking… Read More ›
Chinese antitrust regulators gunning for Aliababa Group Holding Ltd
According to a report from the Wall Street Journal citing sources familiar with the matter, China’s antitrust regulators are mulling options to levy a record fine on Alibaba Group Holding Ltd over suspected anti-competitive behavior. The potential fine could exceed… Read More ›
China’s State Administration for Market Regulation fines 12 companies for illegal monopolistic behaviors
On Friday, in a statement China’s market regulator said, it has levied fines on 12 companies for illegal monopolistic behavior. The regulator has cited 10 deals which demonstrate their illegal monopolistic behaviours. The companies that have been fined include Baidu… Read More ›
Quad nations agree to collaborate on securing rare earth metals
Australia, Japan, India and the United States, will collaborate to secure rare earth metals which are critical to the production of a wide array of goods ranging from fifth generation fighter jets, to smartphones, and electric cars, said Japan’s the… Read More ›
India-Made Social Media Apps Are Benefitting From Tussle Of Government Vs Global Tech Firms
In recent months, there has been a tussle between the social media platform Twitter and the Indian government over the refusal of the company to bring down some specific accounts. And even during this period, there has been a sudden… Read More ›
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