According to reports based on a letter and persons familiar with the matter, Russia’s Sberbank has delayed to process the first payment from Indian Potash Ltd (IPL) under a contract put up before the Ukraine war to allow IPL to… Read More ›
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Threat From Monkeypox Is Significant With One Crucial Difference With Covid
Monkeypox’s unexpected arrival in multiple nations around the world is a worrying outbreak, according to the chairman of the Coalition for Epidemic Preparedness Innovations, but the virus does not pose the same worldwide threat as Covid-19. His remarks come as… Read More ›
Consultants Predict Further Drop In Light Vehicle Sales Globally For 2022
J.D. Power and LMC Automotive, two consultant firms in the auto industry, have both lowered their worldwide light vehicle sales projection for 2022, citing lockdowns in China as well as the ongoing conflict in Ukraine as the factors that has impacted auto manufacturing in the sectorsecin. The… Read More ›
With Booming Online Sales, Marks & Spencer Moves Away From Town Centres
Marks & Spencer is shifting away from town centres, citing an increase in online clothing and homeware sales. During the pandemic, the firm stated, the shift to online purchasing “raised the pressure” to shrink its clothes and home trade space…. Read More ›
Member States Of The WHO Have Agreed To Address A “Rotten” Funding Mechanism
Members of the World Health Organization formally decided to overhaul the organization’s finance mechanism, which has been characterized as “fundamentally rotten” because to its dependence on the whims of donors. The strategy, which has already been agreed to last month by… Read More ›
IMF Chief Suggests Governments Should Give Food And Energy Subsidy
The president of the International Monetary Fund (IMF) told the BBC that governments should subsidise the cost of food and electricity for the weakest sections of society. People all throughout the world are trying to keep up with escalating living… Read More ›
Doctors Warn Lack Of Medicine In Sri Lanka Is A Death Sentence For Some
An acute shortage of medicine in Sri Lanka resulting from the economic crisis will soon result in deaths, according to doctors, as hospitals are compelled to postpone life-saving surgeries for their patients due to a lack of drugs. Sri Lanka… Read More ›
Global private equity firm General Atlantic to invest $2 billion in India, Southeast Asia
According to a senior executive from General Atlantic, a global private equity firm, the company plans on investing $2 billion in India and Southeast Asia over the next two years. The development comes in the wake of falling valuations, which… Read More ›
A Member Of The European Central Bank Predicts The First Rate Hikes To Be This Summer
According to reports, the ECB will shortly raise rates for the first time in more than a decade, according to a member of the central bank’s governing council. The ECB has been criticized for taking a less forceful monetary policy… Read More ›
Canada Will Join The Five Eyes Allies In Banning Huawei/ZTE 5G Equipment
Canada is set to impose a ban on the usage of equipment from the Chinese tech companies Huawei Technologies Co Ltd and ZTE Corp for in the country’s 5G network with the aim of national security. With this move, Canada… Read More ›
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