According to new estimates, the UK economy grew at a slower rate than previously thought between July and September. As Britain emerged from lockdown, the Office for National Statistics (ONS) reported that the GDP increased by 1.1 per cent, rather… Read More ›
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With Omicron Threatening A Recession, Consumer Morale In Germany Drops
According to a survey released on Tuesday, German consumer sentiment will deteriorate further at the start of next year, as the COVID-19 pandemic and the development of the Omicron variation push Europe’s largest economy to the edge of recession throughout… Read More ›
US Expansion Intention Of Europe’s Biggest Rapid-Delivery App
New Yorkers have begun to spot messengers dressed in purple and yellow zooming about the city on mopeds in recent weeks. These couriers, who may also be spotted in Chicago and Boston, convey food for the Getir app, which offers… Read More ›
Tough Recovery Likely For Emerging Markets But Asia To Perform Better, Says Moody’s
According to Moody’s Investor Service, emerging economies will experience hurdles in handling their economic recovery, but Asia will perform better than other regions in this regards. “The pandemic was tougher on emerging Asia markets than it was on advanced economies…… Read More ›
Top Executives Of Boeing And Airbus Call On Biden Administration To Delay 5G Deployment
A petition to the administration of the United States President Joe Biden, urging the government to postpone the rollout of new 5G cellular services, claiming that it would jeopardise aircraft safety, was made by the two largest aircraft makers of… Read More ›
Strong Demand Could Post Record Sales For Champagne Makers
Champagne producers in France are celebrating record sales for the year. This unexpected turnaround from last year’s pandemic-related problems is giving them confidence that they will be able to withstand the Omicron variant. According to Jean-Marie Barillere, president of UMC… Read More ›
Graphite Shortage Concerns For Chinese Electric Vehicle And Battery Makers
While they travel the globe for the lithium, nickel, and cobalt resources required to put China at the forefront of the electric vehicle (EV) race, Chinese battery and EV manufacturers are concerned about a material that is much closer to… Read More ›
Health Authorities In New Zealand Say Death Of 26-Year-Oldl Lnked To Pfizer’s Covid-19 Vaccine
Authorities in New Zealand on Monday linked to the death of a 26 year old man of the country to Pfizer Inc’s Covid-19 vaccine. It was reported that the deceased suffered myocarditis which is a rare form of inflammation of… Read More ›
Covid-19 Pandemic Could Last Till 2024, Says Pfizer
Pfizer Inc. warned on Friday that the Covid-19 pandemic will not be over until 2024, and that a lower-dose version of its vaccine for children aged 2 to 4 years old produced a weaker immune reaction than anticipated, possibly postponing… Read More ›
Global M&A Boom Prompted Surge In Insurance Rates
Following a surge of deal making throughout the world during the Covid-19 epidemic, the cost of insurance to cover situations involving M&A has nearly quadrupled in only two years, according to underwriters and brokers. Potential buyers purchase insurance to protect… Read More ›