The sharpest contraction in since the Second World War in the United States economy was reported for the April to June quarter at an annual rate of 32.9 per cent year on year, according to government figures released by the… Read More ›
Regulations & Legal
Dozens Of British Firms Pledge Increase Workforce Diversity And Black Staff
Dozens of British businesses, including names such as Barclays and Deloitte will be hiring black employees to increase diversity within their workforce. A commitment to this effect was made by the businesses in an open letter. In the letter the… Read More ›
Chinese banks weighing alternative to SWIFT, as U.S. legislative action looms
In a significant development, a report from the investment banking unit of China’s central bank states, Beijing should be ready for potential U.S. by being less dependent on SWIFT and instead use its own financial messaging network for cross-border transactions… Read More ›
India Bans More Chinese Apps For The Second Time In As Many Months
With increasing tensions between the two most populous countries of the world – India and China, New Delhi put a ban on dozens more apps that are owned by well-known Chinese companies as well as reviewing hundreds of others owned… Read More ›
Covid-19 Misinformation Viral Video Finally Removed By Facebook, Twitter And YouTube
Authorities at Facebook, Twitter, and YouTube allowed a very controversial video that was filled with misleading information on the novel coronavirus pandemic to go viral prior to puling it down form their social media platforms. A right-wing media outlet Breitbart… Read More ›
New Travel Curbs Around The Globe World Forced By Resurgence Of Cvoid-19 Infections
As the world braced for a possible second wave of Covid-19 infections, new travel restrictions were imposed in countries in Asia on Monday, while Europe’s summer reopening was thrown into disarray after a sudden directive on travelers from Spain imposed… Read More ›
France’s Alstom likely to win antitrust Bombardier deal
According to sources familiar with the matter at hand, Alstom is likely to win antitrust approval from the European Commission to acquire Bombardier Inc’s rail business, in a deal that will position the French company as the world’s second biggest…. Read More ›
Boris Johnson to overhaul UK’s treason laws
On Sunday, according to a report from the Mail, British Prime Minister Boris Johnson is set to overhaul the United Kingdom’s treason laws. The development comes at a time of increased activity by foreign agents in the country with many… Read More ›
TikTok Hiring People From Google And Facebook In Its Aggressive Expansion Strategy
The Chinese owned video sharing app TikTok plans to increase the size of its global workforce and has been trying to woo employees from United State based tech companies form their offices in America as well as in Europe. The… Read More ›
Denouncing WHO-led Alliance, EU Aims Covid-19 Vaccines At Less Than $40: Reuters
Purchasing of Covid-19 vaccines through an initiative co-led by the World Health Organisation has been rejected by the European Union because that process is slow and of high cost, said a report published by the news agency Reuters quoting two… Read More ›
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