With significant interest from investors including Intel, battery maker CATL and online entertainment firm Bilibili, the premium electric vehicle brand by Geely, Zeekr, raised as much as $500 million from its first external funding round. The total stake of the… Read More ›
The first trials for its own digital currency could be launched by the Reserve Bank of India, the central bank of the country, by December, said the governor of the central bank Shaktikanta Das in a media interview. The potential… Read More ›
Chinese authorities are trying to formulate new regulations that would prevent domestic internet based companies from getting publicly listed in the United States, said a report published by The Wall Street Journal on Friday. The Journal reported, citing people familiar… Read More ›
Car manufacturing in the United Kingdom declined in July to its lowest for the month for the entire industry since 1956, showed data available from a trade group. There was a 37.6 per cent year on year drop in cars… Read More ›
“Normal communication” with the United States is being maintained by China on the issue of trade, the Chinese government said on Thursday. This is one of the very few areas where the two largest economies of the world have not… Read More ›
An increase in demand for services in the cryptocurrency space has now prompted Citigroup Inc to closely consider offering some of its institutional customers the services of bitcoin futures trading, a spokesperson for the bank said earlier this week. After… Read More ›
There was further strength in business activity in the euro zone in August with only a slight decline from tee July number which was a two decade high for any month as more companies and businesses were able to reopen… Read More ›
The continued crackdowns by Chinese regulators on domestic tech companies hit investors’ confidence – consequently tech stocks of the country hit new lows while Hong Kong’s benchmark index touched an almost 10-month low. Within just a week, the fall in… Read More ›
The latest turnaround plan of the British retailer Marks & Spencer is showing signs of being able to deliver results as the retailer raised its profits outlook recently following a surge in demand and sale for its food products and… Read More ›
The new antibody therapy from AstraZeneca could be the answer for those people seeking protection from Covid-198 but respond poorly to vaccines as the therapy has shown evidence of reducing the risk of people developing Covid-19 symptoms by 77 per… Read More ›
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