On Monday, a report from The Times said, Germany will attempt to ban British travellers from the European Union regardless of their COVID-19 vaccine status. Given that the Delta variant of the Coronavirus-induced COVID-19 is widespread in Britain, German chancellor… Read More ›
Strategy
Covid-19: Fully Vaccinated People Should Continue To Wear Masks As Delta Variant Is Spreading, Says WHO
With the highly contagious delta variant of coronavirus spreading rapidly across the globe, a call for fully vaccinated people to continue to wear masks, maintain social distancing as well as other Covid-19 pandemic safety measures was given on Friday by… Read More ›
European Crude Refinery Runs To Be Curbed By Sluggish Jet Demand, Says FGE
Regional refiners of Europe are being forced to blend aviation fuel into diesel because of little demand for aviation fuel and due to forecasts that any recovery in European jet fuel demand to levels prior to the Covid-19 pandemic is… Read More ›
Swedish Fintech Startup Tink To Be Acquired By Visa For $2.2 Billion
European open banking platform Tink will be acquired by Visa Inc in a deal worth 1.8 billion euro ($2.2 billion), the payments giant said on Thursday. It was just a few months ago that Visa backe3d away from a planned… Read More ›
Poor Countries Have No Vaccines, WHO Pleads For Doses
There are no doses of Covid-19 vaccines for the poorest of the countries even while the rich ones are opening up societies and are vaccinating the young population who are not at any great risk from the disease said the… Read More ›
Nike Forecasts Boom In Online Sales And Post-Lockdown Demand
The sportswear giant Nike Inc forecast better than expected fiscal full-year sales as the company showed confidence on the prospects of its online business as well as higher demand with easing of lockdowns. The company is also banking on the… Read More ›
Visa eyeing acquisition of European open banking platform Tink
In a statement Visa Inc said, it had agreed to a $2.2 billion (1.8 billion euro) takeover of European open banking platform Tink. Founded in 2012, Sweden-based Tink is an open banking platform that enables banks and other financial institutions to… Read More ›
Formats other than EU-Russia summit will be explored: German Chancellor Angela Merkel
Leaders from the European Union failed to agree on a proposal led by France and Germany to hold a summit with Russian President Vladimir Putin. Baltic countries along with Poland opposed the move saying it would send the wrong message…. Read More ›
Insurers Unwilling To Cover For Jeff Bezos’ 2021 Space Odyssey
Insurance companies of the United States and elsewhere are unwilling to take the risk of insuring the flight into space of space tourists even though the most outlandish of risks have previously been covered by them. But now they are… Read More ›
Honda Depending On New Civic Hatchback For Developing More Efficient Cars
Japan’s Honda Motor Co is hopeful that its all-new model – that of its latest Civic hatchback designs, will turn out to become the foundation for the company to develop and build cars more efficiently. The Civic hatchback designs were… Read More ›