According to Moody’s Investor Service, emerging economies will experience hurdles in handling their economic recovery, but Asia will perform better than other regions in this regards. “The pandemic was tougher on emerging Asia markets than it was on advanced economies…… Read More ›
Regulations & Legal
Top Executives Of Boeing And Airbus Call On Biden Administration To Delay 5G Deployment
A petition to the administration of the United States President Joe Biden, urging the government to postpone the rollout of new 5G cellular services, claiming that it would jeopardise aircraft safety, was made by the two largest aircraft makers of… Read More ›
Qatar Airways launches lawsuit against Airbus over blistered paint
In a statement Qatar Airways said, it has launched a lawsuit against EU planemaker Airbus in a bid to resolve a dispute over skin flaws on A350 passenger jets. For months, both companies have been locked in a dispute over damages… Read More ›
Foreign financial institutions conducting business with sanctioned individuals will be sanctioned: State Department
In a significant development, the United States has named five already-sanctioned Chinese officials who have allegedly contributed to undermining Hong Kong’s democracy; it has also issued a warning to financial institutions that conducting business with these officials would lead to… Read More ›
Omicron as severe as Delta: Imperial College London
According to analysis from a recent study, early UK data shows that infections caused by the Omicron variant appears to be no less severe than the Delta variant. Researchers at Britain’s Imperial College London compared 11,329 people with confirmed or… Read More ›
Davos Meeting Postponed By World Economic Forum Over Covid-19 Concerns
Health and safety concerns resulting from Covid-19 and its Omicron variant has prompted the annual January gathering of world leaders, billionaires, and executives in Davos, Switzerland to be postponed. “The World Economic Forum will defer its Annual Meeting in Davos, Switzerland, in the… Read More ›
EV Startups Seeking Mass Production At Low Costs
All of the electric vehicle and van startups vying to be the next Tesla Inc want to avoid Elon Musk’s “manufacturing hell.” However, electric vehicle companies such as Arrival SA (47K.F) in the United Kingdom and Fisker Inc in the… Read More ›
Health Authorities In New Zealand Say Death Of 26-Year-Oldl Lnked To Pfizer’s Covid-19 Vaccine
Authorities in New Zealand on Monday linked to the death of a 26 year old man of the country to Pfizer Inc’s Covid-19 vaccine. It was reported that the deceased suffered myocarditis which is a rare form of inflammation of… Read More ›
The resignation of Britain’s Brexit Minister creates increased uncertainty of issues surrounding Northern Ireland
Britain’s Brexit minister David Frost has submitted his resignation last week over disillusionment with the direction British Prime Minister Boris Johnson was leading the country after Brexit. Frost’s resignation raises question of Britain’s future tone with EU over post Brexit… Read More ›
Israel in 5th COVID wave, steps up vaccination, urges work from home
In a statement Israeli Prime Minister Naftali Bennett stated, the country is in the midst of a fifth COVID-19 wave as he urged citizens to step up vaccination and to take precautions such as working from home. In a televised… Read More ›