On Wednesday, in a statement New Zealand said, it will continue to keep its borders closed to most international travellers for five more months. New Zealand’s geographic isolation, along with some of the strictest pandemic rules among OECD nations, has… Read More ›
Entrepreneurship
Biden Administration invites Taiwan to Summit of Democracy
In a significant development, the Biden Administration has invited Taiwan to its “Summit for Democracy” scheduled to take place next month. The summit, the first-of-its-kind gathering of democracies, marks a test of US President Joe Biden’s assertion that he would… Read More ›
Niantic Inc raises $300M, valued at $9 billion
In a blog post, Niantic Inc, the augmented reality (AR) platform behind Pokemon Go, said it has raised $300 million from hedge fund Coatue touching a valuation of $9 billion. Niantic Inc, which was spun off from Alphabet Inc’s Google in… Read More ›
Texas Governor Greg Abbott scheduled to make economic announcement on Tuesday on Samsung chip factory location
On Tuesday, Samsung Electronics Co Ltd said, it has yet to make a final decision on the location of its new $17 billion chip plant in the United States, after the Wall Street Journal reported it has picked Taylor, Texas as… Read More ›
Deutsche Bank hires Olivier Vigneron as chief risk officer
In a statement Deutsche Bank said, it has hired Olivier Vigneron as its chief risk officer from France’s Natixis. The announcement marks the second major personnel hiring: earlier last week on Friday, it had announced the nomination of Dutch businessman Alexander… Read More ›
Saudi Arabia warns of imminent danger to navigation in Red Sea from Iran-backed Houthi forces
On Monday, in a statement Saudi Arabia’s state media reported, it has detected the movement of Houthi forces which pose an imminent danger to navigation and global trade, south of the Red Sea. The Saudi-led coalition fighting the Iran-backed Houthi… Read More ›
UK to host G7 and ASEAN ministers from Dec 10 to 12
In a statement on Monday, Britain said, it will host foreign and development ministers from the G7 and from the Association of Southeast Asian Nations (ASEAN) at a summit in Liverpool from December 10 to December 12. The summit will… Read More ›
Vietnam eases restrictions on fully vaccinated foreign tourists, eyes full reopening of the industry from June 2022
Vietnam has allowed the entry of foreign tourist into the country with two hundred vaccinated foreign tourists arriving in its beach-fringed island of Phu Quoc. The arrival marks the first wave of international tourists to the country in nearly two… Read More ›
Australia eases international travel for fully vaccinated travelers from Dec 1, 2021
On Monday, Australian Prime Minister Scott Morrison said, international tourists will be able to enter Australia from December 1; the development marks the restart of international travel to the country, boosting its economy. In May 2020, Australia shut its international… Read More ›
Ferrari unveils long awaited high octane Daytona SP3
Ferrari has unveiled a new high octane model – the Daytona SP3, which brings to an end a long wait by lovers of its Icona-series cars. However what could potentially disappoint them is the fact it is an electric vehicle. Housing… Read More ›