According to a senior Egyptian official, Cairo will position itself as an impartial arbiter while hosting this year’s COP27 climate summit. It will pushes nations to act on their climate pledges while promoting the interests of the developing world. In… Read More ›
On Monday, British Prime Minister Boris Johnson is set to unveil plans to scrap coronavirus restrictions as part of a “living with COVID” strategy that aims to achieve a faster exit from the pandemic compared to other major economies. Johnson… Read More ›
In an interview to German industry magazine Automobilwoche, a board member from Volkswagen opined, the global shortage of semiconductors is likely to continue this year and ease slightly during the second half. “The volatile situation will affect us at least… Read More ›
Countries in the European Union have agreed to oversee the border-free Schengen Area through regular ministerial meetings, said France in a move aimed at strengthening the political management of the area in the same manner euro zone gatherings steer economic… Read More ›
Alphabet Inc, Google’s parent company, is close in to join its peers, Microsoft Corp and Apple Inc in the elite $2 trillion market valuation club with the search engine giant’s shares surging more than 8% following a better than expected quarterly results…. Read More ›
On Tuesday, in a statement Sezzle Inc said, it is in talks larger Australian rival Zip Co Ltd which aims to acquire it for an undisclosed amount. With the news reaching the market, shares of the buy-now-pay-later company soared by… Read More ›
German aims to attract 400,000 qualified workers from overseas every year in order to mitigate a demographic imbalance and labour shortages in key sectors that risk undermining the recovery from the coronavirus-induced COVID-19 pandemic. “The shortage of skilled workers has… Read More ›
According to LCH investment data, the world’s 20 best performing hedge funds earned $65.4 billion for clients in 2021, on the back of stock markets rising despite setbacks introduced by coronavirus pandemic. As a group, the most successful managers earned… Read More ›
In a statement Greece’s Prime Minister Kyriakos Mitsotakis said, Athens will raise minimum wage for a second time this year following a rise in inflation levels which has taken a toll on consumers’ income. The government increased monthly gross minimum… Read More ›
Taiwanese chip giant TSMC posted a 16.4% rise in quarterly profit on the back of heightened global demand for semiconductors with the Coronavirus induced COVID-19 pandemic driving up demand for chips creating a supply crunch. Although the global chip crunch… Read More ›
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