The already strained relations between Australia and China degraded further after Australia scrapped agreements linked to China’s Belt and Road initiative. This move has provoked anger from Beijing. The Australian federal government made use of its new powers to cancel… Read More ›
Uncategorized
Shell To Conduct Trials On Use Of Hydrogen Fuel Cells For Shipping
A feasibility study for the conducting trials for the use of hydrogen fuel cells for ships in Singapore is currently being conducted by the energy company Royal Dutch Shell along with its partners, the company said on Monday. This is… Read More ›
L’Oreal To Target Male Beauty Consumers In Its New ‘Growth Engine’ Market
According to the French cosmetics giant L’Oreal, it expects the majority of its new business over the coming decade will come from a newly created South Asia Pacific and Middle East market by the company and cosmetics for men will… Read More ›
Vaccination Ramp Up And Rivalry Slows Q1 Subscriber Growth For Netflix
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 ›
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 ›