In a statement Ukrainian Farm Minister said, nearly 1.25 million tonnes of oilseeds and grains, loaded on commercial vessels are rotting away in Ukrainian seaports with Russia enforcing a blockade. Before the war, Ukraine used to export the bulk of… Read More ›
HR & Organization
Delete fake new content or face fine: Russian court to Google
As per a report from Interfax, a Russian court has told Google and Wikimedia Foundation to delete “fake” information regarding the Ukraine conflict or face fines. On Thursday, Russian communications watchdog had told Google it would face fines over its… Read More ›
Japan and Canada provides Ukraine financial assistance
In a statement Ukrainian Prime Minister Denys Shmygal said, Ukraine has agreed to the Japanese & Canadian proposal and will receive 13 billion yen in financial support from the Japanese government and 500 million Canadian dollars from Ottawa. “These are… Read More ›
France will provide housing family benefits to Ukrainian refugees
In a statement French Interior Minister Gérald Darmanin said, Paris will provide housing and family benefits to Ukrainian refugees once the emergency lodging phase is over. France will provide displaced Ukrainian refugees the right to access aid for personal housing… Read More ›
Mercedez-Benz EV completes 1000km drive on single charge
In a statement the Chief Technology Officer of Mercedes-Benz said, the company aims to produce electric cars consuming as little as 10 kilowatt hours of energy per 100 km (62 miles); this is more than a third more efficient than the… Read More ›
Australia extends sanctions to 14 Russian state owned entities
In a statement Australian Foreign Minister Marise Payn said, Canberra has imposed targeted financial sanctions on 14 Russian state-owned enterprises, including defence-related entities such as Kamaz, a truckmaker, and shipping companies SEVMASH and United Shipbuilding Corp. It has also extended… Read More ›
Honda allocates $64 billion towards R&D in electrification drive
On Tuesday, in a statement Honda Motor Co Ltd said, it plans on spend $64 billion on R&D over a span of 10 years. The development marks the Japanese giant laying out its ambitious target to roll out 30 electric vehicle… Read More ›
Surging Treasury bond yields drag down Wall Street
Wall Street closed sharply lower on Monday with rising bond yields acting as a drag on the market’s growth stocks, ahead of the launch of crucial inflation data. All three major U.S. stock indexes ended deep in negative territory, with… Read More ›
Apple starts iPhone 13 production in India
In a statement Apple Inc said, it has started making the iPhone 13 in India. The development sees the US tech giant reducing its reliance on its Chinese supply chain. According to a source, the iPhone 13 is being produced… Read More ›
Meta to start testing monetizing tools for its VR platform Horizon Worlds
In a statement Facebook’s Meta Platforms said, it is beginning to test tools for selling digital assets and experiences on its virtual reality platform Horizon Worlds. The tools, a key part of its plan for monetizing the metaverse, will be initially… Read More ›