Oil prices have risen by more than $1 dollar after Saudi Arabia raised prices for its crude oil sold to the United States and Asia. Brent crude futures for February gained $1.69 to $71.57 a barrel while U.S. West Texas… Read More ›
Strategy
Tesla petitions court to affirm arbitrator’s decision in engineer defamation lawsuit
Tesla Inc has filed a petition in a San Francisco federal court asking it to affirm an arbitrator’s recent decision dismissing a former engineer’s claims that it had fired and defamed her for raising concerns regarding contracting practices and defective floormats…. Read More ›
Britain aims to strengthen trade ties with US: trade minister Anne-Marie Trevelyan
British trade minister Anne-Marie Trevelyan will seek to strengthen trade relationship with the United States during her visit to New York and Washington on her trip to the United States this week. A full trade relation between the two countries… Read More ›
Can Covid-19 Caused By Omicron Bring Milder Illness?
The Omicron variant of the coronavirus, which has expanded across southern Africa and been discovered in over 30 additional countries, has raised concerns that it might severely reduce the efficacy of Covid-19 vaccinations. While scientists strive to comprehend the entire… Read More ›
PayPal reports 400% rise in volume for its ‘buy now, pay later’ service on Black Friday
Payments giant PayPal Inc begins to gain headway in the fast-growing credit method as it reported that the volumes on the ‘buy now, pay later’ platform of the company were five times higher on Black Friday compared to the same… Read More ›
Characteristics Of The Common-Cold Virus May Have Been Adopted By The Omicron Variant
According to experts, the Omicron form of the virus that causes COVID-19 certainly acquired at least one of its mutations by picking up a fragment of genetic material from another virus present in the same infected cells – potentially one… Read More ›
Lyft names Elaine Paul as its new CFO
In a statement ride hailing firm Lyft Inc said, it had Elaine Paul as its new chief financial officer; Paul will be replacing Brian Roberts who will be stepping down after seven years in the role. Paul is scheduled to take… Read More ›
House of Representatives to consider Uyghur Forced Labor Prevention Act next week, seeks ban of import of goods from Xinjiang
The U.S. House of Representatives is set to consider a bill next week that aims to ban import of products from China’s Xinjiang region over concerns of forced labor. “Next week is an important week for human rights,” said Representative… Read More ›
Didi Global to delist from NYSE, aims to pursue listing at Hong Kong
On Friday, ride-hailing giant Didi Global said, it will delist from the New York Stock Exchange and pursue a listing on the Hong Kong Stock Exchange following increased pressure from Chinese regulators. Earlier this year in July Didi had pushed ahead… Read More ›
Honduras signals U-turn, keeps China at bay, continues diplomatic relations with US, Taiwan
In a significant development, Honduran president Xiomara Castro said, the incoming government does not plan on establishing diplomatic ties with China as it prioritizes U.S. relations, signaling a reversal of her pre-election stance. Castro appears to have won the country’s… Read More ›
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