In a significant development, Citizen Lab, a digital rights watchdog group, warned British officials that electronic devices connected to government networks, including ones inside the Prime Minister’s office and at the Foreign Ministry, appear to be infected with Pegasus, a… Read More ›
Entrepreneurship
Sri Lanka approaches IMF & World Bank for bridging loans
On Tuesday, in a statement Sri Lanka’s Finance Minister said, Sri Lanka has approached the International Monetary Fund (IMF) for rapid financial assistance. The island nation has been embroiled in a deep financial crisis midst allegation of gross mismanagement of… Read More ›
Global supply chains reeling from economic impact of China’s zero COVID-19 policy
In a statement He Xiaopeng, the CEO of Chinese electric-car maker Xpeng said, automakers in China may have to suspend production in May if suppliers from Shanghai and surrounding areas do not resume work. China’s zero tolerance policy towards COVID-19 have… Read More ›
Cooperating with SEC insider trading probe: Activision
A securities filing by Activision Blizzard shows that the company is cooperating with federal investigations into trading by friends of its CEO shortly before its disclosure of its sale to Microsoft Corp. In an amended proxy filing with the SEC, Activision… Read More ›
Tata Steel to consider 3 way stock split on May 3
In a statement Tata Steel said, its board, will be meeting on May 3 to consider a proposal to split the stock and recommend a dividend. Tata Steel did not specify the ratio of the stock split, but said, it… Read More ›
China Eastern Airlines resumes Boeing 737-800 flight after March crash
In a statement China Eastern Airlines said, it has resumed commercial flights with Boeing 737-800 jetliners. The announcement comes less than a month after a Boeing 737-800 crash that killed all 132 people aboard. China Eastern Airlines said, it had… Read More ›
Ukraine completes questionnaire for EU membership
In a significant development, in a statement Ihor Zhovkva, the deputy head of President Volodymyr Zelenskiy’s office, said Ukraine has completed a questionnaire which will form a starting point for the European Union to decide on its membership. The questionnaire… Read More ›
WHO Is Keeping Track Of The Spread Of Omicron BA.4 And BA.5 Subvariants Across Africa And Europe
According to the World Health Organization, Omicron subvariants BA.4 and BA.5 are circulating at low levels in numerous countries in Southern Africa and Europe. According to WHO’s technical lead on Covid-19 Maria Van Kerkhove, two subvariants of the extremely contagious… Read More ›
Higher Gasoline Costs Dampen Retail Sales In US, But Consumers Remain Resolute
Retail sales in the United States grew steadily in March, driven by record-high gasoline prices, but consumers are beginning to feel the effects of rising inflation, with online spending falling for the first time in more than a year. Consumer… Read More ›
Buyout firm Thoma Bravo LP expresses interest to acquire Twitter
According to sources familiar with the matter at hand, Thoma Bravo LP, a buyout firm, has approached Twitter Inc to express its interest in forming a team to acquire it. The development comes in the wake of Elon Musk making a… Read More ›