Surge cases of the Omicron coronavirus variant caused governments to implement fresh bans and hasten booster injections just days prior to Christmas. The surge in Omicron cases has also forced Singapore to restrict quarantine-free travel and Australia to restart its vaccine drive… Read More ›
According to new estimates, the UK economy grew at a slower rate than previously thought between July and September. As Britain emerged from lockdown, the Office for National Statistics (ONS) reported that the GDP increased by 1.1 per cent, rather… Read More ›
According to a survey released on Tuesday, German consumer sentiment will deteriorate further at the start of next year, as the COVID-19 pandemic and the development of the Omicron variation push Europe’s largest economy to the edge of recession throughout… Read More ›
In a statement the office of US Trade Representative said, Moscow continues to move away from commitments it made to join the World Trade Organization in 2012 citing increased restrictions in agricultural imports and import substitution policies. In its annual… Read More ›
According to sources familiar with the matter at hand, Denmark based A.P. Moller-Maersk is in an advanced stage of negotiations to acquire Hong Kong based LF Logistics for around $3 billion. An announcement for the potential deal could be made as… Read More ›
The U.S. Securities and Exchange Commission (SEC) has denied Apple Inc’s bid to exclude a shareholder proposal that would have required Cupertino to inform investors of its use of non-disclosure agreements and other concealment clauses. The SEC’s move will mean that… Read More ›
New Yorkers have begun to spot messengers dressed in purple and yellow zooming about the city on mopeds in recent weeks. These couriers, who may also be spotted in Chicago and Boston, convey food for the Getir app, which offers… Read More ›
According to Moody’s Investor Service, emerging economies will experience hurdles in handling their economic recovery, but Asia will perform better than other regions in this regards. “The pandemic was tougher on emerging Asia markets than it was on advanced economies…… Read More ›
A petition to the administration of the United States President Joe Biden, urging the government to postpone the rollout of new 5G cellular services, claiming that it would jeopardise aircraft safety, was made by the two largest aircraft makers of… Read More ›
Champagne producers in France are celebrating record sales for the year. This unexpected turnaround from last year’s pandemic-related problems is giving them confidence that they will be able to withstand the Omicron variant. According to Jean-Marie Barillere, president of UMC… Read More ›
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