In a statement the World Health Organization said, a global rise in COVID-19 cases could herald a much bigger problem following countries reporting a drop in testing rates. The WHO has warned countries to remain vigilant against the virus. COVID-19… Read More ›
Since the Taliban assumed control of Afghanistan, the country’s economy has been in disarray due to US sanctions, collapsing banks, and the halt of international aid and financial flows. The cryptographic revolution is on its way to saving the day…. Read More ›
In the aftermath of Russia’s invasion of Ukraine, the International Energy Agency (IEA) believes that that three million barrels per day (bpd) of Russian oil and products may not make their way to market starting in April, as sanctions bite and… Read More ›
On Wednesday, Ukrainian President Volodymyr Zelenskiy said, peace talks between Ukraine and Russia were becoming more realistic although more time was required to hammer out a deal. According to Ukrainian officials, there are hopes that the conflict could end sooner… Read More ›
Pfizer Inc, the global pharmaceutical company based in the United States, said on Monday that it would continue to deliver pharmaceuticals and drugs to Russia on a humanitarian basis but would not conduct new clinical trials or recruit participants for current research… Read More ›
Tencent’s stock dropped sharply in Hong Kong on Monday after the Wall Street Journal reported that the Chinese internet giant might face a record punishment for breaking anti-money laundering regulations. According to the Wall Street Journal, WeChat Pay, Tencent’s mobile… Read More ›
Global financial conditions have reached their tightest since May 2009, according to a widely regarded Goldman Sachs index, which might indicate a global economic slowdown. The financial circumstances of an economy represent the availability of capital in that economy, and… Read More ›
At a time when China’s tougher monitoring of its companies has hampered capital raising through foreign IPOs, smaller Chinese companies in need of capital are racing for quick offshore listings through the merger route with blank-check enterprises, according to corporate executives and bankers. The businesses… Read More ›
According to analysts, the low-cost 5G model of its iPhones would help Apple Inc to boost its appeal in the Asian market, – a market where the iPhone maker is rivalling with a slew of rivals ranging from South Korea’s… Read More ›
Adidas said that shutting operations in Russia and Covid-19 difficulties in Vietnam would hurt sales, but an improved China forecast helped the German sportswear company’s shares rise 10% on Wednesday. The firm has approximately 500 storefronts in Russia, accounting for… Read More ›
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