Scientists say that there can be a “substantial” fall in the spread of the novel coronavirus from usage of the Oxford-AstraZeneca vaccine. The future of the Cvoid-19 pandemic is critically dependent on the effect of the vaccines that have been… Read More ›
Sustainability
Panasonic’s battery production is its biggest profit driver
On Tuesday, Panasonic Corp raised its full-year operating profit forecast by more than 50% on the back of heightened demand for its batteries from pandemic-driven purchases of home appliances, sales of 5G equipment and Tesla Inc cars. The strong performance… Read More ›
Ford Will Manufacture Electric Versions Of Its Mustang SUVs In China
United States based auto giant Ford will begin manufacturing of its iconic Mustang cars in China for the first time. With the company aiming to benefit from the booming electric vehicle (EV) market of China, Ford will start production of… Read More ›
Soaring Sales During Pandemic Propels Apple To Report Record Quarter Profits Ever
The last quarter for 2020 was the most profitable quarter ever from Apple as the company benefitted from a surge in demand and sale of its high end iPhones, tablets and laptops during the pandemic with people being forced to… Read More ›
A Drop In Cryptocurrency Crime But Rise In ‘DeFi’ Breaches Noted In 2020, Finds Study
A report from crypto intelligence company CipherTrace revealed a 57 per cent drop in incidents of cryptocurrency theft, hacks, and fraud with losses amounting to $1.9 billion in 2020 as markets adopted more security systems to prevent such incidents. However,… Read More ›
2020 US Economy Performance Worst In 74 Years Due To Covid-19 Hit
The Cvoid-19 pandemic significantly life-saving financing lifeline in eth United States in 2020 along with investments in business resulting in the largest economy of the world posting a contraction for the year that was the deepest since World War II…. Read More ›
Tehran must resume complying with the Iran nuclear deal before Washington: U.S. Secretary of State Antony Blinken
U.S. Secretary of State Antony Blinken on Wednesday stuck to his stance that Tehran must resume complying with the Iran nuclear deal before Washington, which abandoned the pact under former President Donald Trump, would do so. Making his first public… Read More ›
EU Uses More Renewables Then Fossil For Power Generation In 2020
For the first time in its history in 2020, the use of renewable energy sources for generating electricity in the European Union overtook its use of fossil fuel with new projects coming online and a deliberate reduction of use of… Read More ›
Biggest IPO Since Pandemic Could Be Launched By Tiktok’s Rival In China – Kuaishou
A rival of the Chinese version of TikTok is reportedly getting readu to launch an initial public offering which is expected to be the largest IPO of the world since the beginning of the novel coronavirus pandemic. The Beijing based… Read More ›
World’s biggest vaccine maker to supply 3 million AstraZeneca COVID-19 vaccine dose to Saudi Arabia
In a development that sees India playing a larger role towards mitigating threats from the coronavirus that emerged from Wuhan, China, the Serum Institute of India (SII), the world’s biggest vaccine maker has signed a supply deal with Saudi Arabia… Read More ›