In a statement on Wednesday, Yi Gang, the Governor of China’s central bank, the People’s Bank of China, said, Beijing will strengthen personal protections in the financial technology sector to curb unauthorised data collection and abuses. Beijing aims to provide… Read More ›
In a statement US climate envoy John Kerry said, developed countries have pledged a total of $100 billion towards climate financing following new commitments made by Japan. In 2009 developed countries had pledged to provide $100 billion by 2020 to… Read More ›
In a significant development a U.S. Treasury Department-led regulatory body has called on the US Congress to regulate issuers of “stablecoins” saying like other financial institutions these fast-growing digital assets should be monitored before they pose any systemic risk in… Read More ›
With the United States weighing options which include suspending Ethiopia’s duty-free market status, citing abuses and a growing famine in the war-torn Tigray region, thousands of Ethiopians, whose income depend on the export of shawls stitched by them are at… Read More ›
Intelligence agencies in the United States would be unable to determine if Covid-19 spread through animal-to-human transmission or spilled from a lab until a breakthrough is made, authorities said, while providing a more detailed version of their investigation into the… Read More ›
The current Covid-19 pandemic in China is spreading quickly, claimed reports quoting information from a health official of the country, as officials urge increased monitoring at border crossings amid rising cases in a northeastern border city caused by the virus… Read More ›
A group representing 261 radio stations was granted permission in Friday by Australia’s competition regulator for going ahead with negotiating a content contract with Facebook and Google as part of the new rule imposed recently in the country that mandates… Read More ›
With the Christmas holiday season approaching, several billion dollars to deal with labor shortages and supply chain issues will be spent by it, Amazon has announced. It will do “everything it takes” to minimize the impact on customers and businesses,… Read More ›
Yum Brands Inc, the parent company of Taco Bell, exceeded the expectations of analysts at Wall Street for its quarterly revenue and earnings, driven by robust demand for its fried chicken and tacos offset a sales slowdown at its Pizza… Read More ›
Exxon Mobil announced on Friday that it will resume a share repurchase program next year, citing stronger earnings prospects following quarterly results that exceeded analysts’ expectations. The world’s largest oil producer reported an adjusted profit of $1.58 per share, topping… Read More ›
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