On Wednesday, in a statement Russia’s Deputy Prime Minister Alexander Novak said, Moscow believes that the Nord Stream 2 gas pipeline will get the necessary certification and will eventually start working. Although construction on the Nord Stream 2 gas pipeline,… Read More ›
Strategy
Israeli foodtech SavorEat launches personalized 3D printed plant based burger system
In a statement Israeli foodtech firm SavorEat said, it has launched a plant-based burger system that is customized to each customer. The company uses 3D printing technology to cook food. Vegan burgers from companies including Beyond Meat and Impossible Foods are… Read More ›
Banks, Financial institutions, corporates to face increased compliance costs in 2022
2022 is set to be a turning point for US financial policy as the Biden Administration’s regulators ready a slew of regulations that are likely to increase the cost of compliance for Wall Street and corporate America. Biden’s top financial… Read More ›
Plaintiffs can question Google CEO in Google Chrome privacy lawsuit
In a significant development a federal judge in California has ruled that plaintiffs who have accused Alphabet Inc’s Google of unlawfully tracking their internet usage while they were on “Incognito” browsing mode, can question its CEO Sundar Pichai for up to… Read More ›
Rivian delays deliveries of electric pickup trucks and SUV with big battery packs to 2023
In a statement the CEO of Rivian Automotive Inc RJ Scaringe said, the automaker will delay deliveries of its electric pickup truck and sports utility vehicle with big battery packs to 2023. He went on to add, the large majority of… Read More ›
NHTSA opens engineering analysis on around 3M vehicles of Kia Motors and Hyundai over engine fires
In a statement the National Highway Traffic Safety Administration (NHTSA) said, it has opened an “engineering analysis” which covers around 3 million vehicles to evaluate, among other things, the efficacy of recalls initiated by Kia Motors Corp and Hyundai Motor… Read More ›
1/3rd Of Rated Chinese Developers To Experience Cash Crunch If Sales Fall By 30%, Says Fitch
According to Fitch Ratings, as many as one-third of the 40 Chinese property developers that were assessed by the company might face a financial crunch if home sales revenue declines by 30 per cent next year. “The longer the stresses on… Read More ›
Omicron infection enhances neutralizing immunity against the Delta variant
A study by scientists at South African shows, an infection by the Omicron variant enhances neutralizing immunity against the Delta variant. The yet-to-be peer-reviewed article, found that people who were infected with Omicron, especially those who were vaccinated, developed enhanced… Read More ›
China Will Make Overseas IPO Rules For Domestic Firms Stricter But Won’t Impose A Blanket Ban
China intends to stiffen rules for Chinese firms seeking to get publicly listed overseas, but it would not prohibit them from trading in other countries entirely. The Chinese securities regulator recommended that any company seeking to go public in a foreign country must first get registered with… Read More ›
Almost 100 Million Pushed Into Poverty By The Pandemic
According to the World Bank, the pandemic has pushed about 97 million people into poverty by 2020 all across the world, with many surviving on less than $2 a day. Since then, there has been little progress. “Globally, the increase in poverty… Read More ›