Intelligence agencies in the United States would be unable to determine if Covid-19 spread through animal-to-human transmission or spilled from a lab until a breakthrough is made, authorities said, while providing a more detailed version of their investigation into the… Read More ›
With the Christmas holiday season approaching, several billion dollars to deal with labor shortages and supply chain issues will be spent by it, Amazon has announced. It will do “everything it takes” to minimize the impact on customers and businesses,… Read More ›
Yum Brands Inc, the parent company of Taco Bell, exceeded the expectations of analysts at Wall Street for its quarterly revenue and earnings, driven by robust demand for its fried chicken and tacos offset a sales slowdown at its Pizza… Read More ›
Microsoft Corp has dislodged Apple Inc as the most valuable publicly listed company in the world on Friday, because of the continued drop in the share price of the iPhone maker. The lingering global supply chain problems resulted in… Read More ›
The British supermarket chain Morrisons has to be managed as a separate company while its 7 billion pounds ($9.7 billion) merger deal with Clayton, Dubilier & Rice’s (CD&R) is being reviewed by Britain’s competition regulator, according to the watchdog. CD&R… Read More ›
A worldwide parts and chip scarcity is weighing heavily on Japanese industries, with seven out of eight automakers reporting a decline in global output in September. This has cast doubts on the central bank’s assumption that the impact of supply… Read More ›
Quarterly sale figures of McDonald’s Corp in the United States beat projections of the Wall Street, thanks to higher prices, larger order quantities, and additional menu items like the crispy chicken burger, the global fast food chain announced Wednesday. In… Read More ›
Uber Technologies will offer 50,000 Tesla Inc automobiles as a rental option to its ride-hailing drivers by 2023 in partnership with Hertz, the ride-hailing company announced on Wednesday. According to a blog post by the ride-hailing business, a Tesla car… Read More ›
The Chinese government’s escalating restrictions imposed to contain a rise in Covid-19 cases is having an impact on local businesses as a leading Chinese hot pot chain’s market value dwindled by $4 billion in a span of just three days…. Read More ›
Due to a mismatch between short-term business travel ambitions and the airline industry’s 2050 net zero target, certain airlines face failure if they do not decrease carbon emissions faster in the next three to five years, according to an industry… Read More ›
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