Fresh lockdown ion some countries – particularly in Europe, because of a new wave of novel coronavirus infections pushed global oil prices to a five-month low on Monday. With rising rate of infection of Covid-19, many countries including UK, France… Read More ›
Regulations & Legal
A Double-Dip Recession Could Hit Europe
Despite posting record growth for the third quarter, some analysts and economists feel that Europe still faces the spectre of recession. After the third quarter, there is a looming risk that the region would be pushed straight back into recession… Read More ›
Airbnb To Collaborate With Former Apple Design Chief Jony Ive For Website And App Redesigning
The next generation of the home rental firm Airbnb’s products and services will now be designed by Sir Jony Ive who led designing at Apple Inc for the company’s IMac, iPhone, iPad and Apple Watch. With the struggling San Francisco… Read More ›
More Traditional Route Will Be Taken By The Second Ave Of Cvodi-19 Vaccines Developers
The boundaries of vaccine technology are being pushed by the few drug makers currently dominating the global coronavirus vaccine race. However, a more conventional and proven designs is likely to be adopted by the next crop of vaccines that are… Read More ›
Stage Set For Blockbuster Stock Market Debut Of Airbnb
The stage is apparently set for one of the most high profile debuts in a stock market for 2020 as the home rental startup Airbnb Inc plans to get itself listed on the Nasdaq and offer an initial public offering…. Read More ›
Covid-19 Vaccine May Be Available In The UK Even Before Christmas This Year
Kate Bingham, the chair of the United Kingdom government’s vaccine taskforce said in an interview to the media that a Covid-19 vaccine may be available for some people even before Christmas. She however added that it is more likely that… Read More ›
2020 Profit Forecast Raised By Sony After Record Q2 Performance
After reporting a record profit for its second quarter, Japanese electronics giant Sony Corp raised its annual profit outlook. The company’s performance as driven by its gaming business which continued to capture “nesting” demand just ahead of the next month… Read More ›
Vietnam signs $2.8 billion LNG deal with AES Corp: U.S. Secretary of State Mike Pompeo
On Wednesday, U.S. Secretary of State Mike Pompeo stated, AES Corp will sign a deal with PetroVietnam Gas to develop a $2.8 billion liquefied natural gas (LNG) import terminal as well as a power plant in Vietnam. “Vietnam has given the… Read More ›
AMD To Acquire Chip Maker Xilinx In A $35 Billion Deal, Targets Data Center Business
The battle between semiconductor designer Advanced Micro Devices Inc (AMD) and Intel Corp in the data center chip market just got more intense with AMD agreeing purchase Xilinx Inc in a $35 billion all-stock deal, AMD said on Tuesday. After… Read More ›
Efforts To Reduce Plastic Waste Being Undertaken By Global Toy Companies
After using environmentally destructive plastic in the products and packaging of toys for decades, efforts at becoming more eco-friendly are now being made by many large toy companies. With parents being forced to keep their children back at home during… Read More ›