According to experts, the Omicron form of the virus that causes COVID-19 certainly acquired at least one of its mutations by picking up a fragment of genetic material from another virus present in the same infected cells – potentially one… Read More ›
Sustainability
Jewellery Maker Pandora, World’s Largest Jewellery Maker, Will Not Join Online Platforms Like Amazon
Jewellery maker Pandora’s CEO indicated on Wednesday that the company would rather invest in physical locations or its own online sales platform than join huge e-commerce platforms like Amazon or Farfetch. Jewellery maker Pandora would prefer to invest in physical… Read More ›
A ‘Risk Of Bankruptcy’ Threatens Due To Starship Engine Crisis, Elon Musk Tells SpaceX Employees
Elon Musk is frustrated with SpaceX’s slow progress in creating the Raptor engines that will propel its Starship rocket. In a companywide email sent the day after Thanksgiving, he portrayed a terrible scenario, a copy of which was obtained by… Read More ›
New Semiconductor Chips Launched By Amazon’s Cloud Unit To Rivals Those Of Intel And Nvidia
Amazon.com Inc’s cloud computing business unveiled two new bespoke processing processors on Tuesday, aiming to help customers save money they expend on usage of the relatively costly chips from Intel Corp and Nvidia Corp. Amazon Web Services (AWS) is the world’s… Read More ›
Exxon Mobil’s investors to quiz company on low carbon ventures today
On Wednesday, Exxon Mobil is set to brief Wall Street on its spending plans, after investors wanting to know how it will balance oil and low-carbon initiatives without compromising on their returns. Exxon Mobil, the largest U.S. oil producer, has slashed… Read More ›
CBI Data Shows Record Cost Inflation For Firms In UK’s Services Industry
A survey of businesses in the British services sector released on Tuesday showed that the input costs for companies in the sector are increasing at their fastest pace in more than 20 years. This finding highlights the reason why… Read More ›
Existing COVID-19 vaccines are unlikely to be effective against Omicron COVID-19 variant: Moderna’s CEO Stéphane Bancel
In a significant development, Moderna’s CEO Stéphane Bancel said, it is unlikely that existing COVID-19 vaccines will be effective against the Omicron COVID-19 variant. With Bancel’s comments reaching the market, crude oil futures shed more than a dollar, the Nikkei gave… Read More ›
US President Biden To Talk To CEOs Over Supply Chain Crisis As New Covid-19 Threat Looms
President Joe Biden was scheduled to meet with the chief executive officers of big retailers as well as other businesses on Monday to discuss the best way to bring products to the shelves when holiday shopping season in the U.S…. Read More ›
WHO Says Very High Global Risk Posed By Omicron
The highly altered Omicron coronavirus strain is expected to be spread across the globe and carries a significant possibility of outbreaks of infection which could result in “severe consequences” in some locations The World Health Organization (WHO) announced on Monday…. Read More ›
Fuel-Price Spike Helped Growth Of Japan October Retail Sales
Japan’s retail sales grew in the very first instance in the past three months in October. However, it was lower than anticipated, and the overall trend in private consumption suggested that the country is experiencing a prolonged strain on the… Read More ›