Dozens of British businesses, including names such as Barclays and Deloitte will be hiring black employees to increase diversity within their workforce. A commitment to this effect was made by the businesses in an open letter. In the letter the… Read More ›
Strategy
Chinese banks weighing alternative to SWIFT, as U.S. legislative action looms
In a significant development, a report from the investment banking unit of China’s central bank states, Beijing should be ready for potential U.S. by being less dependent on SWIFT and instead use its own financial messaging network for cross-border transactions… Read More ›
Pfizer Inc negotiating with EU for COVID-19 vaccine
During an interview, Albert Bourla the CEO of drugmaker Pfizer Inc stated, it is holding talks with the European Union as well as with several member states of the bloc, to sell them its COVID-19 vaccine candidate that is being… Read More ›
Multiple COVID-19 vaccinations will be required across multiple years; Pfizer raises full-year earnings forecast
In a significant development, Pfizer Inc stated, it will charge developed countries the same amount it has contracted with the United States and suggested that consumers may need multiple vaccinations in order to remain protected against COVID-19. Earlier the U.S…. Read More ›
India Bans More Chinese Apps For The Second Time In As Many Months
With increasing tensions between the two most populous countries of the world – India and China, New Delhi put a ban on dozens more apps that are owned by well-known Chinese companies as well as reviewing hundreds of others owned… Read More ›
Covid-19 Misinformation Viral Video Finally Removed By Facebook, Twitter And YouTube
Authorities at Facebook, Twitter, and YouTube allowed a very controversial video that was filled with misleading information on the novel coronavirus pandemic to go viral prior to puling it down form their social media platforms. A right-wing media outlet Breitbart… Read More ›
New Travel Curbs Around The Globe World Forced By Resurgence Of Cvoid-19 Infections
As the world braced for a possible second wave of Covid-19 infections, new travel restrictions were imposed in countries in Asia on Monday, while Europe’s summer reopening was thrown into disarray after a sudden directive on travelers from Spain imposed… Read More ›
France to launch ‘railway highway’ in push to reduce carbon footprint and greener economy
In an effort to reduce France’s carbon footprint, French prime minister Jean Castex vowed to develop “railway highways” to transport food and other goods which have traditionally been transported by trucks. The “fresh food train” linking the main wholesale market… Read More ›
Murthy Renduchintala, Intel’s Chief Engineering Officer to depart on August 3
In a development that marks a reorganization at U.S. chipmaker Intel Corp, Intel Corp said, it’s Chief Engineering Officer Murthy Renduchintala will be leaving the company in a move that marks Intel allocating five teams into its key technology unit…. Read More ›
Tesla increases hiring at Shanghai plant
With U.S. electric vehicle maker Tesla Inc ramping up production in China, the company has launched a hiring spree in Shanghai with plans to bring on designers at its China studio. Tesla’s posts on WeChat, marks the first time it… Read More ›