With the virtual currency bitcoin rising to historic high, other crypto currencies too gained on its back. During the weekend, the value of the crypto currency ether touched a new all-time high as it went past the $1,700 mark for… Read More ›
Economy & Finance
Slow Job Growth In The US With Covid-19 Stalling Recovery
With the Covid-19 pandemic continued to disrupt economy recovery in the United States, just 49,000 jobs were added in the country in January. Employment was hit at retail stores, restaurants, casinos and hotels because of continued losses which was described… Read More ›
An African And A Woman Is Set To Be The WTO Chief For The First Time
The first woman and the first woman and the African to head the World Trade Organization would be Nigeria’s Ngozi Okonjo-Iweala. Her candidature to the top post of the global trade regulating body was confirmed after the withdrawal of the… Read More ›
South Korea unveils plan to build world’s largest offshore wind farm for $43 billion
In a significant development, South Korea has unveiled a plan to build the world’s largest wind power plant by 2030 at a cost of $43.2 billion (48.5 trillion won) as part of broader efforts to foster an sustainable-friendly economic recovery… Read More ›
UK Revokes Broadcast License Of Chinese State-Owned News Channel CGTN
The broadcasting license of China Global Television Network, or CGTN has been revoked by regulators in the United Kingdom. After an investigation “concluded that the license is wrongfully held by Star China Media Limited”, the Chinese state-owned channel’s license had… Read More ›
Japanese Beer Giant Kirin Ends Partnership In Myanmar After Military Coup
A partnership with a conglomerate in Myanmar is being ended by the Japanese beer giant Kirin potentially because the conglomerate has ties with the military of Myanmar. The commander-in-chief Senior General Min Aung Hlaing of the Myanmar army oversees the… Read More ›
Google’s Cloud Business Is Continuing To Make Losses Even As Its Core Business Grows
The cloud business of Google, to which it is currently providing a deeper look, does not seem to be doing well. An operating loss of $1.2 billion for Google Cloud was reported by the company for the fourth quarter of… Read More ›
UK Top Destination For Australian Wine Exports After Chinese Tariff Hike
With crippling additional import duties imposed on Australian wine in China, wine makers in Australia had been trying out new markets and one of the successful markets was that of the United Kingdom. Last year there was 30 per… Read More ›
India’s Target Of Selling Of State-Owned Firms Will Push Economy Closer To $5 Trillion, Say Analysts
According to a top Indian business leader, the Indian economy will inch closer to becoming a $5 trillion economy because of the efforts to privatize state-owned companies. According to the target set by the country’s Finance Minister Nirmala Sitharaman in… Read More ›
Business travel likely to grow by 21% in 2021: Global Business Travel Association
On Tuesday, according to a business travel association, business travel spending is likely to grow by 21% this year globally thanks to the rollout of COVID-19 vaccines; however, it is unlikely to recover to pre-pandemic levels until at least the… Read More ›
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