British foreign minister Liz Truss will be travelling to Qatar and Saudi Arabia this week to pursue a potential trade deal with Gulf countries as well as to deepen diplomatic ties. During her visit, Truss will meet her Saudi counterpart… Read More ›
Strategy
China tightens oversight of news sources in increased regulatory crackdown
On Wednesday, China’s top internet regulator, the Cyberspace Administration of China (CAC), published an updated list of 1,358 internet news services, saying information service providers are only permitted to reprint news from them. The development comes midst a regulatory crackdown… Read More ›
Netflix’s Overseas Growth To Be Driven By The Likes Of The Megahit “Squid Game, Say Analysts
The plans of Netflix Inc. to expand its international content offerings in order to boost subscriber growth, which is slowing down, was apparently supported by investors because of the huge success of the South Korean dystopian drama series “Squid Game”… Read More ›
Achieving Zero-Carbon Shipping By 2040 Pledged By Amazon, Ikea And Unilever
An aggressive target of moving their cargo only on ships using zero-carbon fuel by 2040 has been pledged to be achieved by nine big companies including Amazon, Ikea and Unilever. The companies have said that this aim will also be… Read More ›
Amazon.com Inc bumps up hiring during crucial holiday shopping season
In a statement Amazon.com Inc said, it plans to hire at least 150,000 seasonal workers in the U.S. during the holiday period. The development marks the world’s largest online shopping giant preparing for the upcoming shopping season which is typically… Read More ›
$17.5 Bln To Be Spent By Japan’s Mitsubishi By 2030 To Drive Emission Reduction
Investments to the tune of 2 trillion yen ($17.54 billion) in development of alternative energies such as renewables and hydrogen will be made by Japanese company Mitsubishi Corp by 2030, the company said on Monday, and added that this will… Read More ›
More Info On India’s Covid Vaccine – Covaxin, Sought By WHO For Emergency Usage Approval
The Indian pharma company Bharat Biotech got a further set back on Monday with respect to its hopes of being granted an emergency-use listing by the World Health Organization for the Covid-19 vaccine developed by it called Covxin as the… Read More ›
VW’s deliveries of battery operated vehicles in China more than triple
In a statement Volkswagen said, deliveries of battery-powered electric vehicles to China have more than tripled in the first nine months of 2021. For the January to September period, deliveries of battery electric vehicles (BEV) stood at 47,200 up from… Read More ›
International travelers with mixed WHO/FDA-approved COVID19 doses will be permitted to enter US: CDC
Late on Friday, in a statement the U.S. Centers for Disease Control and Prevention (CDC) said, international travelers who have taken a mixed-dose coronavirus vaccines will be permitted to enter the country. Last week, the CDC had said, it would… Read More ›
Stock Shortages Could Last Well Into Next Year, Warns Ikea
The current disruption to the global supply chains is expected to last for at least another year, warned Ikea, the Swedish furniture behemoth. While there has been some improvement, according to CEO Jesper Brodin, there is still congestion at ports,… Read More ›