Global authorities expressed alarm on Friday over a brand new coronavirus variant that was detected within South Africa, with the EU, Britain and India among the countries that announced tighter frontier controls. Scientists were trying to determine whether the mutation… Read More ›
On Friday, bitcoin plunged along with other assets, reaching a seven-week low and officially entering bear market territory. According to Coin Metrics statistics, the world’s largest cryptocurrency has dropped 7% in the previous 24 hours to $54,572. Bitcoin fell to… Read More ›
According to reports quoting three sources in the oil cartel OPEC, China, the world’s largest crude oil importer, was unsure if it would release oil from its reserves as demanded by the United States, and OPEC producers were not considering… Read More ›
With the aim of gaining more benefits from its exports of minerals such as cobalt and copper, the Democratic Republic of Congo has developed plans for focusing on developing a domestic industry to manufacture battery capacity, said the country’s government… Read More ›
Almost 2 million workers in Europe’s largest economy will get significant wage increases. Following protracted coalition discussions, three German political parties agreed to create a new government on Wednesday, with left-leaning Social Democrat Olaf Scholz expected to succeed Angela Merkel… Read More ›
The chairman of the world’s largest energy authority has criticized “artificial tightness” in energy markets for failing to take a supportive stance to calm skyrocketing oil and gas prices. ″[A] factor I would like to underline that caused these high… Read More ›
According to Goldman Sachs analysts, a coordinated release of government oil reserves by a number of oil importing countries headed by the United States may add approximately 70 million to 80 million barrels of crude supply to the market, which… Read More ›
In an effort to enhance its production capacity and alleviate the worldwide chip shortage, Samsung plans to build a $17 billion semiconductor facility in Taylor, Texas, over the next three years. The 5 million square metre project was disclosed by… Read More ›
The alternative meat maker Impossible Foods has secured more than $500 million in a fundraising round recently that was led by its current stakeholder Mirae Asset Global Investments. This successful funding round clearly indicates the rise in investor interest in… Read More ›
The slump of the Turkish Lira by 15% on Tuesday against the US dollar left Turks struggling to keep up with the depreciation of the currency leaving the country in a state of darkest “catastrophe”. The Lira’s meltdown on Tuesday,… Read More ›
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