Financial disclosures made by the White House shows, high ranking officials from the Biden administration had previously undisclosed ties to large corporations including tech giants Facebook Inc, Google Inc and Microsoft Corp. According to filings made with the Office of… Read More ›
Regulations & Legal
China’s Military Bans Tesla Cars From Military Complexes Over Security Concerns: Reports
Tesla cars have been banned from entering Chinese military complexes because of security concerns about the cameras that are installed in the electric cars, said reports quoting sources who have seen the notices of the directive. According to analysts, this… Read More ›
AstraZeneca Vaccine Safe, Says EU Regulator But Will Add Clot Warning
The AstraZeneca’s Covid-19 vaccine does not increase the overall incidence of blood clots and the benefits of the vaccine far outweigh any possible risks, said the European Union’s drug regulatory agency on Thursday. That paved the path for resumption of… Read More ›
We Work 95-Hour Weeks And Face ‘Inhumane’ Treatment Says First Year Analysts At Goldman Sachs
A workplace survey of a dozen first-year analysts at Goldman Sachs have revealed that they work for more than 95 hours a week on an average and get to sleep for just five hours a day while also coping up… Read More ›
US Federal Reserve Predicts Faster US Economic Recovery Than Previously Forecast By It
With the increase in the speed of vaccinations against Covid-19 and the release of a massive relief package by the government that is flowing into the economy, a much stronger growth this year for the United States economy is expected… Read More ›
Covid-19 Travel Pass App From IATA To Be Tested On Korean Air Passengers
A trial run by the International Air Transport Association of using a travel pass – which is an app that will contain ample proof that a traveller has had a negative novel coronavirus test result as well as their vaccination… Read More ›
Japan seeing rise of shareholder activism
On Thursday, Toshiba Corp shareholders voted in favor of an independent investigation into allegations of investors being pressured ahead of last year’s annual general meeting. The development could potentially spur more shareholder activism. This is the fourth time a shareholder… Read More ›
Japan Could Impose Temporary Higher Tariff To Curb Import Of US Beef
The volume of imports of beef from the United States into Japan for the fiscal year 2020 has exceeded the benchmark limit of 242,000 metric tons which has prompted the Japanese government to impose an emergency import tariff hike on… Read More ›
Chinese banking regulator finds $42.6 million stolen from housing sector loan funds
On Wednesday, in a report China’s Xinhua news agency reported, the country’s banking regulator found $42.6 million (277 million yuan) was stolen from funds which were supposed to serve the housing market in the southern state of Guangdong. The news… Read More ›
Stripe Plans To Expand Aggressively In Europe Following $95bn Valuation
A major expansion spree is being planned by Stripe, the most valuable startup of the United States. The company has recently raised $600m from investors and plans to add 1,000 jobs in Ireland alone over the next five years. The… Read More ›