According to European Central Bank President Christine Lagarde, inflation in the euro region is unlikely to reach the levels witnessed in the United States. The ECB’s monetary policy has been questioned due to the euro zone’s high inflation, with the… Read More ›
Russia’s central bank advocated a total ban on the use and mining of all cryptocurrencies, citing threats to the country’s financial system and ecology. Cryptocurrency has all the signs of a pyramid scheme and threatens monetary policy sovereignty, according to a… Read More ›
The vision of Amazon.com Inc. for the departmental stores of the future comprises algorithmic recommendations and a “magic closet” in the fitting room, according to one corporate director of the company. The online retailer has announced that it will build… Read More ›
The new coalition government in Germany intends to bring in 400,000 competent foreign workers per year to address a demographic imbalance as well as labor shortages in key industries that might jeopardize the country’s recovery from the coronavirus outbreak. “The… Read More ›
German aims to attract 400,000 qualified workers from overseas every year in order to mitigate a demographic imbalance and labour shortages in key sectors that risk undermining the recovery from the coronavirus-induced COVID-19 pandemic. “The shortage of skilled workers has… Read More ›
On Friday, Intel Corp announced, it will invest $20 billion to set up a new chip manufacturing center near Columbus, Ohio which will develop and manufacture advanced semiconductors. The investment will create at least 3,000 permanent jobs on a 1,000-acre… Read More ›
In a significant development U.S. Secretary of State Antony Blinken has warned that Russia could launch an attack on Ukraine at “very short notice”. Blinken made the comments on his arrived in Kyiv in a diplomatic push towards defuse tensions… Read More ›
In a statement on Thursday, Israel’s Defense Ministry said, it has signed an agreement with Germany’s Thyssenkrupp Marine Systems to develop and produce three advanced submarines for its Navy in a deal worth $3.4 billion (3 billion euros). The two… Read More ›
In a statement the U.S. Federal Aviation Administration (FAA) said, following the rollout of 5G services in airports, its impact on air travels has seen only a minor impact. “The increased approvals for Boeing and Airbus planes meant an estimated… Read More ›
In a statement Walt Disney Co said, it has named Rebecca Campbell as the head of its international content creation. She will oversee Disney’s expansion of regional content for its streaming services. Campbell will oversee the creation of more locally produced… Read More ›
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