British American Tobacco (BAT), the owner of a number brands of cigarettes including Lucky Strike, Pall Mall and Camel, reported an almost 9 per cent growth in its profits even though the noted lower sales of its products partially because… Read More ›
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UK Study Claims New Kent Coronavirus Variant Could Be 70% Deadlier
A report by the United Kingdom government’s scientific advisers claimed that the variant of the novel coronavirus that is dominant in the UK could be as much as 70 per cent more deadly than the previous strains. The prevalent concerns… Read More ›
India To Be The Second Largest Covid-19 Vaccine Maker Of The World After The US
Because of its capacity to make Covid-19 vaccines both for its own population and other developing countries, analysts believe that India could become the second largest Covid-19 vaccine maker of the world. Historically, India makes most of the vaccines of… Read More ›
Organic Revenue Growth In 2021 Expected By PepsiCo As Vaccines Get Administered
The global beverage leader PepsiCo Inc is hopeful that consumers would be returning to their pre-pandemic lifestyles with the reopening of the economies and the wider implementation of Covid-19 vaccines around the world which prompted the company to forecast organic… Read More ›
Chinese Regulators Target Tesla Potentially Ending Elon Musk’s Love-In With China
The United States based electric car maker Tesla now risks upsetting Beijing’s powerful regulators after its founder and CEO Elon Musk spent the last two years to win over China – the largest car market of the world. According to… Read More ›
Pandemic Demand Surge Pushed Barbie To Its Best Sales In Over Five Years
With parents choosing to stock up on toys to keep children busy through the Covi-19 pandemic related school closures, Barbie hit sale figures of $1.35bn last year which was the highest for the company since at least 2014. There was… Read More ›
With Carmakers Struggling With Shortage, Auto Chip Production Ramped Up By TSMC
Amid a global shortage of chip, one of the market leaders of the industry the Taiwan Semiconductor Manufacturing Co Ltd (TSMC) has said that it is “expediting” auto-related products through its wafer fabs while also reallocating wafer capacity. The worst… Read More ›
Tough Position Taken By China’s Diplomat In First Telephonic Call With New US Secretary Of State
The blame for pushing the bilateral relationship between the United States and China to its lowest point in decades was squarely put on Washington by China’s top diplomat in his first phone call with new United States Secretary of State… Read More ›
Covid-19 Spread Could Be Substantially Cut Down By Oxford Vaccine
Scientists say that there can be a “substantial” fall in the spread of the novel coronavirus from usage of the Oxford-AstraZeneca vaccine. The future of the Cvoid-19 pandemic is critically dependent on the effect of the vaccines that have been… Read More ›
Ford Will Manufacture Electric Versions Of Its Mustang SUVs In China
United States based auto giant Ford will begin manufacturing of its iconic Mustang cars in China for the first time. With the company aiming to benefit from the booming electric vehicle (EV) market of China, Ford will start production of… Read More ›