With the recovery of the United States economy and buoyancy in the financial markets, 2021 is likely to be a year of “record level” of earnings for US banks, said the Institute of International Finance, an industry association. Bank lending… Read More ›
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Production At Its Southern India Plant Halted By Ford Due To Pandemic Surge
Following a lunchtime sit-in protest on Thursday staged by the workers of its car plant in India’s southern state of Tamil Nadu, Ford Motor Co said it will halt production at the facility. The workers have been protesting to get… Read More ›
Government Agencies, NGOs Being Targeted By Group Behind Solarwinds Hack, Says Microsoft
According to Microsoft Corp, government agencies, think tanks, consultants, and non-governmental organizations are now being targeted by the group behind the SolarWinds cyber attack whioch was identified last year. “This week we observed cyberattacks by the threat actor Nobelium targeting… Read More ›
Belarus Plane Grounding To Be Investigated By United Nations’ Aviation Body
The forced grounding of a Ryanair passenger plane in Minsk which has drawn international outrage will be investigated by the United Nations’ International Civil Aviation Organization (ICAO). An initial demand for investigation into the incident was demanded by the United… Read More ›
Computer Chip Shortages To Hit PC Supplies This Year, Says Dell, HP
Dell Technologies Inc and HP Inc both computer makers warned that the on going global shortage of computer chips could have an impact on the ability of the companies to meet the demands for laptops this year even as both… Read More ›
Taiwan Accuses China Of Blocking A Covid-19 Vaccine Deal With BioNTech
China was accused by Taiwan directly for the first time of blocking a deal of the island with Germany’s BioNTech SE for Covid-19 vaccines further escalating a war of words since Beijing offered the vaccine shots to the island through… Read More ›
India Govt. Sued By WhatsApp Over New Media Rules Which It Says Break Privacy
Social media messaging app WhatsApp has filed a lawsuit against the Indian government in Delhi seeking court intervention to prevent implementation of regulations that came into force on Wednesday which, according to experts, would force the California-based Facebook unit to… Read More ›
IAEA Chief Concerned About Iran’s Level Of Uranium Enrichment
Expressing alarm over the nuclear program being carried out by the Iranian government, the chief of the International Atomic Energy Agency spelled out why he was so concerned in an interview with the Financial Times this week. The situation was… Read More ›
9 New Billionaires In Pharma Industry Created By Covid-19 Vaccines
At least nine new billionaires were created by the covid-19 vaccines following surge in the shares of the companies producing the vaccines. Moderna CEO Stéphane Bancel and Ugur Sahin, the CEO of BioNTech, which co-developed producing a vaccine with Pfizer,… Read More ›
Antifungal Drug Shortage In India As Covid-19 Survivors Contract The Rare Complication
With the healthcare system of India reeling under a massive wave of coronavirus infections, the country said on Friday that measures were being undertaken to address a shortage of a medicine that is used for treating of a rare fungal… Read More ›