Over the Christmas weekend, commercial airlines across the globe canceled over 4,500 flights as a growing wave of Covid-19 infections caused by the Omicron strain brought further uncertainty and suffering for holiday travelers. According to a complete record on the flight-tracking website FlightAware.com,… Read More ›
Strategy
Credit Suisse preparing grounds to file lawsuit against SoftBank Group Corp in Britain
According to US court documents, Credit Suisse has sought information through the U.S. courts which could potentially lead to a situation wherein it can take a legal step against SoftBank Group Corp in Britain in an effort to recover funds… Read More ›
Google Ousted By Chinese Social Media App TikTok As Favourite Online Destination
TikTok is the newest and most popular online destination in the globe. According to Cloudflare, an IT security company, the viral video app receives more hits compared to than the American search engine. TikTok dethroned Google from the top spot in… Read More ›
Pfizer’s Oral Covid-19 Medicine Is A First For At-Home Pill For The Disease
Pfizer Inc’s antiviral Covid-19 tablet, the first oral as well as at-home treatment of the disease, was approved by the medical regulator of the United States. This is being seen as the possible new tool to fight against the very infectious and fast… Read More ›
Japanese Professor Develops A Flavourful TV Screen
Prototype of a lickable television screen has been developed by a Japanese professor. According to reports, the screen is able to imitate food flavours. Analysts see this development as yet another step to develop multi-sensory viewing experience. Taste the TV… Read More ›
Jared Kushner’s investment firm Affinity Partners raises more than $3 billion in committed funding
According to a source familiar with the fund raising effort, Jared Kushner’s global investment firm, Affinity Partners, has raised more than $3 billion in committed funding from international investors. Kushner, a former top aide to former US President Donald Trump… Read More ›
SEC rejects proposals by Valkyrie Bitcoin Fund and the Kryptoin Bitcoin for creating ETF Trust
In a significant development the SEC has torpedoed two proposals which aimed to offer bitcoin exchange-traded funds, dealing a blow to market participants who had hoped the regulator would have approved the given the deal a green light since it… Read More ›
Crocs to acquire rival Heydude for $2.5 billion
In a statement footwear label Crocs Inc said, it would acquire privately owned rival Heydude for $2.5 billion. The deal underscores an increased demand in the pandemic-led market for casual shoes. Following multiple lockdowns, consumers ditched dress shoes for more comfortable… Read More ›
AstraZeneca’s booster shot effective against Omicron: Oxford University
In a statement drugmaker AstraZeneca said, a three-dose course of COVID-19 vaccine is effective against the Omicron variant of the coronavirus, citing data from an Oxford University lab study. The results of the study, which is yet to be published… Read More ›
France will launch lawsuit against Britain against fishing licenses
In a statement French Europe Minister Clement Beaune said, France will file a lawsuit against Britain over post-Brexit fishing licences sometime in early January. He went on to add, there will be a high-profile meeting with EU representatives on January… Read More ›