According to consultancy firm Bain, a fall of 23 per cent is set to be recorded in the sales of luxury goods worldwide to 217 billion euros ($258 billion) in the current year which be the largest such fall in… Read More ›
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NASA And Actor Tom Cruise Working On Shooting A Film At The International Space Station
The United States space agency NASA and actor Tom Cruise are working together to create a movie on the International Space Station, the head of NASA had confirmed. The news that Cruise will be launched into space and stay aboard… Read More ›
Covid-19 Vaccine Creator Believes People Will Get Back To Normal Life By Next Winter
One of the creators of a Cvodi-19 vaccine has said that there would be significant impact on the lives of people of the new Covid-19 vaccine over summer and by winter next year, life should be back to normal. Since… Read More ›
Carbon Emissions Boom Predicted During Black Friday Sale This Year
A new report from price comparison website Money.co.uk has claimed that a surge in vehicle emissions would result because of the Black Friday shopping event. Online sale of retail was boosted by the Covid-19 pandemic induced lockdowns and it is… Read More ›
Analysis Firm Claims $1 Billion Worth Of Bitcoin Linked To Silk Road Black Market Is Moving
A London-based blockchain analysis firm Elliptic has claimed that almost $1 billion worth of bitcoin tha have possible links with the Silk Road online black market is on the move. In 2013, the United States authorities closed down Silk Road… Read More ›
Airbnb To Collaborate With Former Apple Design Chief Jony Ive For Website And App Redesigning
The next generation of the home rental firm Airbnb’s products and services will now be designed by Sir Jony Ive who led designing at Apple Inc for the company’s IMac, iPhone, iPad and Apple Watch. With the struggling San Francisco… Read More ›
Global Energy Jobs Being Axed Due To Pandemic And Industry Consolidation
Analysts and market experts are expecting the current trend of suppressed demand for oil and gas to get prolonged which will further increase problems for companies in this sector which have already been hit hard by the novel coronavirus pandemic…. Read More ›
Twitter Shares Tumble 16% As It Warns Of Sale Impact During US Presidential Election
Fewer new users than what Wall Street analysts were expecting were added by social media company Twitter Inc for the third quarter, the company said on Thursday. It also added that it would also see an acceleration of costs in… Read More ›
$100 Billion Off Its Stock Value Temporarily Wiped Out Due To Apple’s Late iPhone Launch
Apple reported its steepest quarterly drop in iPhone sales in two years for the third quarter of the current year as its iPhone customers put off purchasing the new iPhones devices because of the late launch of new 5G phones… Read More ›
Credit Suisse Reports 38% Drop In Net Profit For Q3 Missing Market Expectations
Despite reporting a 38 per cent drop in its net profit for the third quarter, Credit Suisse expressed strong conviction that looking ahead, its wealth management and investment banking divisions will be bolstered by expected volatile market conditions. For the… Read More ›