In a statement Israeli Prime Minister Naftali Bennett stated, the country is in the midst of a fifth COVID-19 wave as he urged citizens to step up vaccination and to take precautions such as working from home. In a televised… Read More ›
US
Reddit files for IPO
In a statement Social media giant Reddit said, it had filed a confidential proposed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). Reddit, known for its message boards that became the go-to destination for… Read More ›
Eight Chinese companies, including DJI, to be placed on Entity List
As per a report from the Financial Times, the U.S. Treasury is slated to place 8 Chinese companies including DJI, on the Entity List, for alleged involvement in surveillance of the Uyghur Muslim minority. With the move the Biden Administration… Read More ›
Close to reaching the end of the road: European powers on 2015 Iran nuclear deal
In a significant development, three European powers said “we are rapidly reaching the end of the road” to save the 2015 Iran nuclear deal. Their comments suggests that unofficial U.S.-Iran talks on preserving the pact is probably close to collapse…. Read More ›
US Space Force conducts space war simulations to test resilience of US satellite communication networks
Weeks after Russia shot down an ageing communication satellite, the United States has begun testing the resilience of its satellite communication networks in order to deter threats from China and Russia. The computer-aided simulations included potential shooting down of U.S…. Read More ›
Biden Administration orders immediate stop in financing new carbon intensive fossil fuel projects overseas
According to US diplomatic cables, the Biden Administration has ordered U.S. government agencies to immediately stop financing new carbon-intensive fossil fuel projects abroad and prioritize global collaborations towards clean energy technology. The move is aimed at ending US financial support… Read More ›
Biden pledges increased military support to NATO following Russian troop buildup near Ukrainian border
U.S. President Joe Biden has promised NATO members countries in central Europe of heightened military support following concerns of a Russian troop build-up near the Ukrainian border. Biden has also reassured its allies that Washington would not reach any agreement… Read More ›
General Motors re-enters rare earths industry
In a significant development that marks the return of General Motors Co to the rare earth industry, the US automaker now plans on sourcing rare earth magnets for its future line of electric vehicles from new U.S.-based manufacturing facilities under two… Read More ›
Chinese AI startup SenseTime Group holds urgent talks with HKSE following reports of it being placed on US trade blacklist
According to two sources with direct knowledge of the matter at hand, Chinese artificial intelligence startup SenseTime Group is in talks with officials of the Hong Kong Stock Exchange regarding the fate of its $767 million planned IPO in Hong… Read More ›
Starbucks facing increased efforts ay unionizing at several locations
In a significant development, employees of Starbucks Corp voted to join a union at a store in Buffalo, New York, marking the company’s first unionized company-owned location in the United States. Workers at a second location in New York voted to… Read More ›
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