A “very strong recovery” in the coming months in the airline industry is expected by Ryanair, the largest airline of Europe by passenger numbers, according to the company’s Group Chief Executive Michael O’Leary. Its target of flying more than 10.5… Read More ›
Sustainability
The Delta Variant And Supply Chain Issues Slow Down Growth In China In August
With China trying to tackle a surge in Covid-19 cases and grappled with the ongoing shipping crisis, the economy of the country slowed down in August. An official survey denoting manufacturing activity dropped to 50.1 in August compared to 50.4… Read More ›
Data To Evaluate Covid-19 Booster Shots For General Population Is Limited, Says CDC Scientist
There is limited data available that can be used for proper evaluation of the need for Covid-19 vaccine booster shots for the general population, said a CDC scientist. There is pressure on American health officials by President Joe Biden to… Read More ›
Reports Of Talks With Tesla Pushes Share Price Of Indian Auto Parts Makers
Following reports in the local media about the United States based electric car maker Tesla holding talks with at least three auto parts suppliers of India to decide on sourcing critical parts for its cars for an anticipated entry of… Read More ›
Economists Fear A Slowdown In Australian Q2 Economy Even Before The Delta Hit
Australian economy is likely set to fall into a vicious contraction in the third quarter as the economy was likely already slowing down prior to the imposition of wide scale coronavirus restrictions which closed down business and jobs. If the… Read More ›
People Infected With Delta Variant Twice As Likely To Get Hospitalised, Finds New Study
According to a new study whose results were released on Friday, those who get infected with the Delta variant of the coronavirus are twice as likely to ultimately fall severely ill and require hospitalization compared to those who get infected… Read More ›
Musk Reportedly Expresses Competition Concern Over Nvidia-Arm Deal
The planned acquisition of the British semiconductor designing company Arm by Nvidia Corp could present competition issues, indicated Tesla chief executive Elon Musk, according to a report published by the Telegraph reported on Saturday. The report stated that opposition to… Read More ›
July Retail Sales In Australia Decline, Analysts Expect Shrinking Of Economy
With government imposing lockdowns because of rising Covid-19 cases forcing shutting down of stores and services in the largest city of Australia which was partly responsible for a plunge in retail sales in the country in July. According to analysts,… Read More ›
$500 Mln Raised By Geely’s EV Brand Zeekr In Its First Finding Round
With significant interest from investors including Intel, battery maker CATL and online entertainment firm Bilibili, the premium electric vehicle brand by Geely, Zeekr, raised as much as $500 million from its first external funding round. The total stake of the… Read More ›
Trials For A Digital Rupee Could Be Started By December By India’s Central Bank
The first trials for its own digital currency could be launched by the Reserve Bank of India, the central bank of the country, by December, said the governor of the central bank Shaktikanta Das in a media interview. The potential… Read More ›