The first quarter of the current year saw Netflix losing out on subscriber growth at a time when the vaccinations are ramping up even while the online video streaming company had seen a huge growth in the first quarter last… Read More ›
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Dogecoin’s Price Surges 4005 In A Week Raising Crypto Bubble Concerns
Dogecoin, the cryptocurrency that was based on the “Doge” meme, which rose to popularity in late 2013, is now among the top 10 digital currencies of the world and is worth $40 billion. The meme portrays a Shiba Inu dog… Read More ›
JPMorgan To Deploy $2.5 Trillion To Fight Climate Change
A huge investment is to be made towards fighting climate change by the largest bank of the United States. A total of $2.5 trillion over 10 years will be either financed or invested by JPMorgan Chase (JPM) to fund solutions… Read More ›
Uber Wants Its Workers To Attend Office At Least Three Days A Week
The ride hailing company Uber will allow its employees to work from home but only for two days of the week even as Covid-19 restrictions are getting relaxed in many countries and offices are reopening, Nikki Krishnamurthy, the company’s chief… Read More ›
Weaker Economic Recovery For 5 Southeast Asian Countries Due To Lingering Covid-19 Restrictions: IMF
Its forecast for a number of Southeast Asian economies was downgraded by the International Monetary Fund even while becoming more optimistic about the fortunes of the global economy and the broader Asia-Pacific region. The five largest developing economies in Southeast… Read More ›
Deliveroo’s IPO Flop Not A Deterrent For British Cybersecurity Firm Darktrace To List In London
Concerns that the poor initial public offering by the British food delivery app Deliveroo did not deter the United Kingdom based cybersecurity start-up Darktrace to announce plans to go public in London. This was announced by Darktrace on Monday. The… Read More ›
Big Relief For US EV Makers Comes From Deal Between Korean Battery Firms
A deal on an intellectual property dispute has been reached between two major makers of lithium batteries that are used for electric vehicles. An unresolved dispute had threatened to hit the supply of batteries crucial for boosting production of electric… Read More ›
Best Ever Quarter For Rolls-Royce In Its 116-Year History As Wealthy Customers Spend More
The best quarterly performance in its 116 year old history as a luxury car maker was reported by Rolls-Royce Motor Cars for its latest completed quarter. The company said that there was strong demand from the wealthy of the world… Read More ›
Seven Chinese Supercomputer Groups Blacklisted By China
Seven Chinese business groups that were charged with manufacturing supercomputers for use by the country’s military were blacklisted by the United States. This is the first such move by the new Biden administration of the United States to put pressure… Read More ›
BP Achieves Net Debt Target Of $35 Billion Prior To Its Announced Schedule
Energy group BP said that it has set itself up for delivering on its promise of buying back shares as the company said that in the first quarter of the current year, it had likely brought down its net debt… Read More ›
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