While providing hope that the current global supply shortage of semiconductors for the auto industry will stabilize, according to General Motors Co.’s president the rate of stabilization of supply will be at levels much lower than what the auto industry… Read More ›
India’s plans to tighten regulations on its rapidly growing e-commerce market have run into internal government dissent. According to a report published by the news agency Reuters based on memos of the government seen by it, the Ministry of Finance… Read More ›
On Wednesday, the European Union proposed to change the capital rules of the bloc for insurers to release 120 billion euro ($141 billion) to repair an economy damaged by COVID. This will allow for climate goals and help policyholder protection… Read More ›
In a statement the Pan American Health Organization (PAHO) said, it has selected two biomedical centers in Brazil and in Argentina to develop and produce mRNA-based vaccines to fight COVID-19 in Latin America. PAHO is the region’s health agency. The… Read More ›
In a statement to the United Nations General Assembly, U.S. President Joe Biden said, the United States will commit $10 billion toward ending hunger in in the United States and around the world. Nearly one in three people does not… Read More ›
In a statement Argentina’s Ministry of Defence said, it is looking to purchase multipurpose fighter jets for up to $664 million. According to a source with knowledge of the negotiations, fighter planes from the United States, Russia, China, Israel and… Read More ›
In a report, pro-Iranian Lebanese TV channel Al Mayadeen said, Hezbollah has arranged for a convoy of diesel tankers from Iran, which has crossed the Syrian border and is moving towards Lebanon. Hezbollah, a UN designated terrorist organisation said, the… Read More ›
Greece has tested a drone deliver system that delivers medicines to remote places in an environmentally friendly way. The drone, equipped with four rotor blades, took off from the northwestern Greek city of Trikala and flew 3 kilometers (1.86 miles)… Read More ›
In a statement Turkish President Tayyip Erdogan said, the Paris climate agreement would be presented to the Turkish parliament for approval next month. If Turkey ratifies the deal, it would make it the last G20 country to do so. “Following… Read More ›
According to a report published by consultancy services firm Rystad Energy, there will likely be a 50 per cent drop in demand for oil refining capacity of the world by 2050 because of the efforts across the world to shift… Read More ›
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