Uber is moving forward with its aim to become a “superapp” for travel. The San Francisco-based company announced on Wednesday that it will expand its U.K. app this year to include trains, buses, airlines, and auto rentals. The move is… Read More ›
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A New Covid Variant Has Been Discovered In The UK
In the United Kingdom, a novel omicron sub-variant has been discovered as the country continues to see an increase in Covid-19 hospitalizations. According to the latest numbers from the UK Health Security Agency, the XE variation has been found in… Read More ›
Vladimir Putin Was Potentially Misled By His Military Chiefs About Ukraine, Shows US Declassified Intelligence Reports
According to newly disclosed US information, Russian President Vladimir Putin believes he was misled by military officers who withheld vital details about the disastrous invasion of Ukraine for fear of angering him, according to top Biden administration officials. “We believe… Read More ›
Pressure In Short Term Increasing Due To 20% Hike In Costs Of Battery Cell, Says Tata Motors
Because of a global jump in raw material prices, primarily lithium, Tata Motors, India’s top-selling electric manufacturer, stated the cost of battery cells had climbed by roughly 20%, placing pressure on the company in the short term. Cell prices have… Read More ›
India’s Oil Imports From The US Are Expected To Climb, In The Face Of Criticism Of Russian Purchases
India’s oil imports from the United States will increase by 11% this year, according to officials, as the critically energy-short country seeks supplies from producers throughout the world, including Russia, which has been extensively sanctioned. Following Russia’s invasion of Ukraine… Read More ›
The Western Brands Still Forced To Remaining In Russia
Many Western brands have shunned Russia as a result of the invasion of Ukraine, but some have remained open in the nation and claim they are unable to close them. Complex franchise agreements preclude Marks and Spencer, Burger King, and… Read More ›
Increase In Covid Cases Globally Is ‘Tip Of The Iceberg’, Warns WHO
The WHO has said that that figures showing a global increase in Cpvod-19 infections could signal a far bigger problem because some countries are reporting a decline in testing rates, urging countries to be cautious against the virus. Covid instances… Read More ›
Pfizer Will Continue Supply Of Drugs To Russia, But Will Stop New Clinical Trials
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 ›
Stocks Of Chinese Tech Firm Tencent Plunges Following Report Of Record Fine For Money Laundering
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 ›
SPAC Offerings By Chinese Firms Are Picking Up Steam As Harsher Offshore IPO Restrictions Loom
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 ›