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 ›
Economy & Finance
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 ›
Slower Corporate Spending Slows Down Japan’s Economy In Fourth Quarter
A slower-than-initially-reported growth was reported for the Japanese economy for the October-December quarter as companies reduced expenditure on plant and equipment while also sharply cutting down on inventories as consumer demand was hit by the cxovid-19 pandemic. Even though exports… Read More ›
Guests arrive at Singapore’s world’s first travel bubble business hotel
In a significant development, Singapore has launched a travel “bubble” business hotel, in one of the world’s first such facilities, that enable executives to conduct face-to-face meetings without exposing themselves to potential coronavirus-induced COVID-19 infection. The bubble hotel has meeting… Read More ›
U.S. revokes sanction waiver against Israeli mining company Gertler
In a significant development, the United States revoked a sanctions waiver to Israeli mining magnate Dan Gertler, which was issued during the last days of the Trump Administration. In a statement, the Treasury Department said, exempting Gertler from sanctions was… Read More ›
Chinese Foreign Minister Sounds Tough On US-China Relations
It was important for the United States to remove “unreasonable restrictions” to allow for the two countries to move forward with their relationship under the new administration for President Joe Biden, said Chinese Foreign Minister Wang Yi on Sunday. Over… Read More ›
Military Leaders Of Myanmar Tried To Move $1bn From US Account: Reports
Within days of seizing power in Myanmar, the military rulers of the country attempted to withdraw about $1bn held at the Federal Reserve Bank of New York in the United States which prompted officials in the United States to freeze… Read More ›
Brent crude futures breaches $70, first since COVID-19 pandemic
On Monday, for the first time since the coronavirus-induced COVID-19 pandemic began, brent crude futures breached the $70 threshold for the first time, while U.S. crude touched its more than two years high. The development comes in the wake of… Read More ›
The ‘Back To Normal’ From Pandemic Will Not Be Entirely Beneficial For The Grocery Stores
With people’s movement restricted because of the lockdowns imposed to prevent the spread of the Covid-19 pandemic last year, more and more customers were shifting to ordering their weekly and monthly groceries online which augured well for the large grocery… Read More ›
Double Masks Adds Little In Preventing Viral Infection, Finds Japan Supercomputer Study
Compared to a mask that is properly fitted, limited benefit in blocking viral spread is provided by wearing two masks – one on top of another, showed a simulation by a Japanese supercomputer. This finding also partly negates a set… Read More ›