On Friday, Ukraine was hit by a massive cyberattack. Russia has also released footage of more forces being deployed on Ukraine’s border in a drill. These developments come at a time when no breakthrough agreement was reached between Russia and… Read More ›
On Friday, British luxury carmaker Aston Martin named Doug Lafferty, as its new chief financial officer. Lafferty will replace Kenneth Gregor, who will be stepping down to personal reasons after 18 months on the job. Lafferty is currently the finance chief… Read More ›
On Friday, Canon Inc said, it was weighing options to close down its factory in Zhuhai, southern China, which mainly makes compact digital cameras midst a shrinking market for such devices. Canon’s spokesperson declined to provide details of employee strength at… Read More ›
In a statement Polish foreign minister Zbigniew Rau warned, Europe is closer to war than it has been in the last 30 years. The warning comes at a time after a third round of diplomacy aimed at defusing tensions over… Read More ›
In a statement Greece’s Prime Minister Kyriakos Mitsotakis said, Athens will raise minimum wage for a second time this year following a rise in inflation levels which has taken a toll on consumers’ income. The government increased monthly gross minimum… Read More ›
Following a more than anticipated surge in Covid-19 claims in 2021, life insurers are predicting a five-year-long pandemic and more variants that are even more transmissible. According to a report released by insurance broker Howden, the global life insurance industry was hit… Read More ›
Volkswagen Group has said that it had its lowest sales in ten years in 2021, as it managed to make about 8.9 million deliveries, and added that it expects supply chain conditions will continue to be turbulent even during the first half of this year. Luxury… Read More ›
The metaverse, which requires a massive amount of computing power, is set to benefit global chipmakers— but other tech-related industries could also gain from it, analysts say. Widely seen as the next generation of the internet, the metaverse refers broadly… Read More ›
European airlines are being forced to fly nearly empty passenger flights this winter in order for the airlines to keep prized take-off and landing sites at airports at a time when the demand for air travel is quite low. At… Read More ›
All is not well with China’s economy. Cash-strapped Chinese developers are scrambling to negotiate new terms with their bondholders to avoid defaults, with Yuzhou Group and the Shimao Group being the latest case in point of Chinese developers seeking extensions on their… Read More ›
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