The AstraZeneca’s Covid-19 vaccine does not increase the overall incidence of blood clots and the benefits of the vaccine far outweigh any possible risks, said the European Union’s drug regulatory agency on Thursday. That paved the path for resumption of… Read More ›
Economy & Finance
We Work 95-Hour Weeks And Face ‘Inhumane’ Treatment Says First Year Analysts At Goldman Sachs
A workplace survey of a dozen first-year analysts at Goldman Sachs have revealed that they work for more than 95 hours a week on an average and get to sleep for just five hours a day while also coping up… Read More ›
US Federal Reserve Predicts Faster US Economic Recovery Than Previously Forecast By It
With the increase in the speed of vaccinations against Covid-19 and the release of a massive relief package by the government that is flowing into the economy, a much stronger growth this year for the United States economy is expected… Read More ›
Covid-19 Travel Pass App From IATA To Be Tested On Korean Air Passengers
A trial run by the International Air Transport Association of using a travel pass – which is an app that will contain ample proof that a traveller has had a negative novel coronavirus test result as well as their vaccination… Read More ›
Lumentum Holdings Inc raises takeover offer for Coherent to $6.9 billion
In a statement Coherent Inc said, Lumentum Holdings Inc has raised its offer for the company to $6.9 billion in a three-way takeover battle for the laser firm. Under the terms of the new bid, Coherent shareholders will receive $220… Read More ›
SK Holdings and Zhejiang Geely Holding Group creates new mobility investment fund
On Thursday, South Korea’s SK Holdings Co Ltd said, along with China’s Zhejiang Geely Holding Group Co Ltd it will invest $30 million each into a new mobility investment fund, whose size will reach $300 million in total. The new… Read More ›
Australia’s Westpack Banking Corp to sell its Lenders mortgage insurance business to Arch Capital Group
On Thursday, in a statement Australia’s Westpac Banking Corp said, it has decided to sell its lenders mortgage insurance (LMI) business to Arch Capital Group; the deal sees Arch Westpac becoming an exclusive LMI supplier for the next decade. The… Read More ›
Volkswagen Brand Targets To Double EB Deliveries This Year
After having set a global strategy to accelerate its shift to make fully electric vehicles only in the new future, the second largest car maker of the world and German auto giant Volkswagen also expects to be able to double… Read More ›
Japan Could Impose Temporary Higher Tariff To Curb Import Of US Beef
The volume of imports of beef from the United States into Japan for the fiscal year 2020 has exceeded the benchmark limit of 242,000 metric tons which has prompted the Japanese government to impose an emergency import tariff hike on… Read More ›
Chinese banking regulator finds $42.6 million stolen from housing sector loan funds
On Wednesday, in a report China’s Xinhua news agency reported, the country’s banking regulator found $42.6 million (277 million yuan) was stolen from funds which were supposed to serve the housing market in the southern state of Guangdong. The news… Read More ›