The alternative meat maker Impossible Foods has secured more than $500 million in a fundraising round recently that was led by its current stakeholder Mirae Asset Global Investments. This successful funding round clearly indicates the rise in investor interest in… Read More ›
Regulations & Legal
India-US agree to expand trade ties on agricultural products
In a significant development, India and the United States agreed to expand trade on some agricultural products, including US distiller dried grains, cherries, alfalfa as well as Indian mangoes, grapes, shrimp and water buffalo meat. In a joint statement following… Read More ›
European Parliament approves biggest reform on farm subsidies
In a significant development, the European Parliament has approved its biggest reform on farm subsidies in decades in a vote that switches cash to smaller farmers and rewards sustainable farming methods. Earlier its Common Agricultural Policy (CAP), had draw criticism… 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 ›
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 ›
Employees are encouraged to raise concerns internally or externally: Apple Inc
In a statement Apple Inc has told its employees that it is willing to discuss wages, number of working hours and working conditions. The development comes at a time when striking employees are pushing Apple to do more to ensure… Read More ›
JPMorgan agrees to pay $60M to settle class action lawsuit in spoofing precious metal prices
JPMorgan Chase & Co has agreed to pay $60 million to settle a class-action lawsuit by investors who accused it of intentionally manipulating the prices of precious metals futures and options. The settlement comes in the wake of a U.S. government… Read More ›
Next Week Could Be The Worst For Bitcoin In Months Due To Impending Mt Gox Payouts
With traders and investors booking profits following a long rally and amid fears among them that their payments may be liquidated by the creditors of collapsed crypto exchange Mt Gox, the value of bitcoin dropped on Friday to a one-month… Read More ›
While The World Narrows Pandemic Package, Japan Will Launch Record Stimulus Package
On Friday, Japan is expected to unveil a record $490 billion expenditure plan to help offset the economic impact of the COVID-19 outbreak, defying a worldwide trend of removing crisis-mode stimulus measures and putting more stress on the country’s already… Read More ›
University of Copenhagen has deep ties to Chinese military
In the latest example on how the Chinese military is tapping into Western academia in strategic and sensitive area of biotechnology, a Chinese professor at the University of Copenhagen who was conducted genetic research for the Chinese military did not… Read More ›