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 ›
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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 ›
With Economy Reopening, Retail Spending Soars In The UK
After months of lockdown, retail shops have reopened in the United Kingdom and the British shoppers spend lavishly on new clothes in April, showed official data on Friday. According to experts, this was a further signal of a robust recovery… Read More ›
Danish Court Orders Carlos Ghosn To Pay Back $6 Million To Nissan And Mitsubishi
A court in Denmark ordered the fugitive former car executive Carlos Ghosn to repay 5 million euros ($6.1 million) in wages to Nissan and Mitsubishi in relation to a case that he had brought. At the core of this… Read More ›
Pandemic Induced Digital Payments Boom Drive PayPal To Beat Profit Estimates
The Covid-19 pandemic has boosted e-commerce and online shopping which consequently has also led to boost in digital payments which has benefitted online and digital payments firm PayPal Holdings Inc as it reported its strongest first quarter profits on record… Read More ›
Economic Dialogue With Australia ‘Indefinitely’ Suspended By China
The relations between China and Australia were already tense and it took a turn for the worst this week after Beijing announced an indefinite suspension of all activities that were being undertaken under a high-level economic dialogue with Australia –… Read More ›
Euro Zone Contracts In Q1 And Slips Into Another Recession
With a third wave of the Covid-19 pandemic hitting some countries of the Eurozone forcing re-imposition of lockdowns and restrictions, the euro zone economy contracted in the first quarter of 2021. According to preliminary data released by Europe’s statistics office… Read More ›
Biggest Economic Boom In UK Since 1948 Predicted By Barclays Chief
Barclays chief Jes Staley believes that the biggest economic boom since the one after World War Two will be experienced by the United Kingdom. This comment was made by him even as the bank reported more than doubling of profits… Read More ›