With global pharma companies ramping up production of their respective vaccines, there is one firm that has already moved into the leading position. Even though the Serum Institute of India (SII) is not a household name, it is the… Read More ›
Economy & Finance
SoftBank backed Berkshire Grey AI-based logistics automation systems solutions provider to go public with SPAC in $2.7 billion deal
In a statement SoftBank-backed robotics firm Berkshire Grey said, it has agreed to go public through a merger with a blank-check company in a deal that values the combined company at $2.7 billion. The deal is expected to provide Berkshire… Read More ›
In Landmark Case, Court In China Orders Husband To Pay Wife For Housework
In a landmark ruling, a divorce court in Beijing, China has directed a man to give compensation to his wife against the housework she did during their marriage. The country ordered the man to play 50,000 yuan ($7,700) against the… Read More ›
Square’s Purchase Of Bitcoin Worth $170M Pushes It Over $50,000 Again
With the announcement by Square of it purchasing $170 million worth of the crypto currency bitcoin, the price of the largest crypto currency of the world in terms of market capitalization surged again, after a few days of dropping, and… Read More ›
EU Request For More Time For Ratification Of Brexit Deal Allowed By UK
The request of the European Union to postpone the ratification of their post-Brexit trade deal by a month was agreed to by the United Kingdom. This move however added on to the existing uncertainty into what is already a very… Read More ›
SEC suspends KPMG auditors Jennifer Stewart and Christopher Stanley for improper professional conduct
In a statement, the U.S. Securities and Exchange Commission said, it has suspended two former KPMG auditors from practicing before the regulator after it found that they had failing to properly conduct an audit of the now-defunct, not-for-profit college that… Read More ›
With Investors Nervous Of Sky-High Price, Bitcoin’s Value Continues To Plunge
With investors getting jittery about the astronomical price that the crypto currency bitcoin had attained in recent times, the value of the virtual currency sunk as much as 17 per cent on Tuesday. According to analysts, the drop came as… Read More ›
Tesla’s $1,5bn Bitcoin Investment Gave It A Profit Of About $1bn: Analyst
The investment in the crypto currency bitcoin made recently by the United States based electric car maker Tesla has given the company a paper profit of about $1 billion, said Daniel Ives, analyst at Wedbush Securities. In a note published… Read More ›
McDonald’s To Achieve Gender Parity In Leadership Roles By 2030
With the aim of enhancing diversity at the workplace, the fats food chain McDonald’s has set a target of achieving equality in terms of number of men and women in leadership roles at the company. Additionally, over the next four… Read More ›
Chinese state funds invests in China’s BGI Genomics Co, capitalizes on COVID-19 pandemic
In a development that marks China capitalizing on the coronavirus-driven COVID-19 pandemic, the Chinese government has made an investment in BGI Genomics Co, a Chinese listed company that supplies millions of COVID-19 tests globally. BGI is seeking to fund exponential… Read More ›
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