On Wednesday, Germany’s BGA trade association warned of massive disruption of supply chains following the rapid spread of the highly infectious Omicron variant of the coronarvirus, while saying, long-term disruption to supply chains is unlikely. A wide range of German… Read More ›
Strategy
Bulgaria’s secret surveillance laws not compliant with Europe’s Human Rights Convention: European Court of Human Rights
In a significant development, the European Court of Human Rights ruled that Bulgaria violated the European Convention of Human Rights citing its secret surveillance and retention and accessing of communication data. The court order comes after two Bulgarian lawyers and… Read More ›
Omicron surge increasing drag in Australia’s economic recovery
On Wednesday, Australia’s New South Wales, its most populous states, saw a significant increase in Omicron infections leading to staff shortages that have disrupted supply chains hampering its economy’s recovery. Businesses are grappling with a growing toll of workers who… Read More ›
Munich Re Report Says Insurers Shelled Out $120 Billion In 2021 Due To Natural Disasters
In a year that was marked by devastating storms and cold snaps in the United States, 2021 was recorded as the second most expensive year on record for the insurance companies of the world, according to Munich Re. The firm… Read More ›
The Mandarin Oriental In New York Will Be Bought By Asia’s Richest Man For $98 Million
Mukesh Ambani, Asia’s richest man, has purchased a majority interest in the Mandarin Oriental in New York City for slightly over $98 million. The hotel’s parent company, a Cayman Islands-based firm controlled by the Investment Corporation of Dubai, was acquired… Read More ›
New Study Finds T-Cells From Common Colds Can Protect Against Covid-19
An Imperial College London study released on Monday indicated that high numbers of T-cells from common cold coronaviruses have the ability to protect against Covid-19, which could inspire the development of techniques for the development of second-generation vaccines. While there… Read More ›
Volkswagen to unveil long awaited ID.Buzz on March 9
In a statement Volkswagen said, it will unveil a production version of its long-awaited ID.Buzz on March 9. The ID.Buzz is an electric reincarnation of its beloved Microbus which VW plans to launch in the US in late 2023. The EV… Read More ›
US FAA lists 50 airports where 5G will be deployed with buffer zone
In a statement the Federal Aviation Administration (FAA) listed 50 U.S. airports which will feature buffer zones wherein wireless carriers can turn on new 5G C-band services from January 19, 2022. On Monday, Verizon Communications, and AT&T agreed to create buffer… Read More ›
EU planning law requiring ISPs and social media companies to combat child sex abuses
In the months to come, the European Union plans to introduce legislation which will require technology companies to comply with laws aimed at tackling child sexual abuse, said a top EU official. In an interview to Germany’s Welt am Sonntag… Read More ›
Reliance industries purchases controlling stake in five star Mandarin Oriental New York hotel for $98.15M
India’s Reliance Industries Ltd has agreed to purchase a controlling stake in Mandarin Oriental New York, a five-star hotel in midtown Manhattan, through the purchase of its Cayman Islands-based parent for $98 million. In a stock exchange filing on Saturday, Reliance… Read More ›