Japan’s retail sales grew in the very first instance in the past three months in October. However, it was lower than anticipated, and the overall trend in private consumption suggested that the country is experiencing a prolonged strain on the… Read More ›
Regulations & Legal
Australia will introduce legislation to force tech giants to act on defamatory content: Australian Prime Minister Scott Morrison
In a statement Australian Prime Minister Scott Morrison said, Canberra will soon introduce legislation to make social media giants provide details of users who post defamatory comments. The development comes at a time when the Australian government is looking to… Read More ›
Spread Of The New Coronavirus Variant Omicron Continues As Australia Finds Cases
The latest Omicron coronavirus strain continued to spread throughout the globe on Sunday with two cases reported in Australia and a further two cases in the United States, as more countries attempted to block themselves off with travel restrictions. Health… Read More ›
New Virus Variant Being Monitored By OPEC+ Amid Concerns Of Outlook – Reports
OPEC+ is monitoring developments regarding the coronavirus variant that is emerging according to sources on Friday. Some have expressed concerns that it could alter the outlook for oil markets less than a week prior to the next meeting to decide… Read More ›
Bitcoin Officially Enters Bear Market Territory Due To Concerns Over New Variant
Bitcoin, along with other cryptocurrnecies dropped in value sharply as the largest digital currency of the world in terms of market capitalization touched a seven-week low and officially entered the bear market territory. According to Coin Metrics data, there was… Read More ›
Fertiliser Shortage Threatens Food Crisis For The Poorest
According to the CEO of a large fertiliser company, a global lack of fertilisers is pushing up food costs and putting poorer nations in jeopardy. Higher gas prices, according to Svein Tore Holsether, CEO of Yara International, are driving up… Read More ›
Japanese Companies Urged By PM Kishida To Raise Wages By 3 per cent Or More
Japanese Premier Fumio Kishida on Friday urged firms whose profits have returned back to pre-pandemic levels to boost wages at least 3 per cent during their labor talks in the spring of next year, with the aim to build a… Read More ›
New South African Coronavirus Variant Prompts Alarmed Europe And Asia To Tighten Borders
Global authorities expressed alarm on Friday over a brand new coronavirus variant that was detected within South Africa, with the EU, Britain and India among the countries that announced tighter frontier controls. Scientists were trying to determine whether the mutation… Read More ›
Congo, Rich In Cobalt Deposits, To Promote Its Domestic Battery Making Industry
With the aim of gaining more benefits from its exports of minerals such as cobalt and copper, the Democratic Republic of Congo has developed plans for focusing on developing a domestic industry to manufacture battery capacity, said the country’s government… Read More ›
25% Pay Hike For Almost Two Million Workers Of Germany
Almost 2 million workers in Europe’s largest economy will get significant wage increases. Following protracted coalition discussions, three German political parties agreed to create a new government on Wednesday, with left-leaning Social Democrat Olaf Scholz expected to succeed Angela Merkel… Read More ›