Economy

Russian Coronavirus Vaccine Arrives in India For Human Clinical Trial — Sputnik V

Russian Coronavirus Vaccine Arrives in India For Human Clinical Trial — Sputnik V

For the two-dose study, researchers are aiming to recruit around 6,000 United Kingdom participants - from a total of 30,000 people globally - at 17 sites across the country. The shot uses a harmless c...

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U.K. Hints Brexit Talks Could Be Extended as Disagreements Remain

U.K. Hints Brexit Talks Could Be Extended as Disagreements Remain

Speaking ahead of the talks, which follow a similar round in London last week, Frost said there had been progress in a "positive direction" in recent days. But, when the pro-Brexit Johnson became prim...

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Contacts of 'weak positive' Auckland case traced

Contacts of 'weak positive' Auckland case traced

Fears lessened after genomic testing linked her infection to a Defence Force serviceman who caught the virus in the Jet Park facility. ARPHS had confirmed "a Chinese-speaking nurse sat in on the int...

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Bitcoin Breaches USD 16,000 For The First Time Since January 2018

Bitcoin Breaches USD 16,000 For The First Time Since January 2018

BTC is now signaling a downside correction and it could test the $15,200 support. The near-term bullish trend remained intact, supported by the latest move through to $16,000 levels. A new resista...

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National Security Investment Bill

National Security Investment Bill

Ministers are seeking to block these takeovers on national security grounds as part of the biggest overhaul of the UK's industrial intervention policy in nearly 20 years. Nigel Parr, partner at law fi...

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Pacific countries sign RCEP trade deal without India

Pacific countries sign RCEP trade deal without India

The agreement will contribute to "developing supply chains that have been disrupted due to the pandemic as well as supporting economic recovery", he said. The RCEP signing comes as Southeast Asian nat...

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Third-generation Nissan Qashqai details revealed ahead of spring unveil

Third-generation Nissan Qashqai details revealed ahead of spring unveil

It's being tested on roads across Europe and is underpinned by a new CMF-C platform developed for the wider Nissan Alliance. Nissan has also confirmed that the next-gen Qashqai will be built a...

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Indian Armed Forces can strike on terrorist havens anywhere, anytime: PM Modi

Indian Armed Forces can strike on terrorist havens anywhere, anytime: PM Modi

India had defeated Pakistan in the 1971 war, leading to the independence of Bangladesh. "Today the world is knowing this, understanding that this country is not going to compromise its interests eve...

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Honda Civic Sedan Spotted With A More Formal Design

Honda Civic Sedan Spotted With A More Formal Design

On November 17, Honda will unveil the next generation of its popular Civic compact vehicle. We can also see in the 2022 Honda Civic teaser the rear section of the auto sporting the new tail ligh...

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Asiana Airlines Share Price Skyrockets 25% on Potential Takeover

Asiana Airlines Share Price Skyrockets 25% on Potential Takeover

In September, KDB and co-Asiana creditor Export-Import Bank of Korea chose to end negotiations for selling the air carrier to HDC Hyundai Development Co. Analysts believe that this setup would be idea...

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Disney posts smaller-than-expected drop in quarterly revenue, shares rise

Disney posts smaller-than-expected drop in quarterly revenue, shares rise

Roughly 18 million of 73 million global subscribers are from India. As per MarketWatch , according to the company's November 12 quarterly report , Disney's fourth-quarter losses totaled $710 mil...

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Will Google's Extended Employee WFH Order Impact Its Ad Business? 07/27/2020

Will Google's Extended Employee WFH Order Impact Its Ad Business? 07/27/2020

To date, Google had planned to keep most employees working from home until January 2021. Almost all of the 200,000 employee at Google will have to wait at least another year before they can return...

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Tata Steel Q2 net halves on higher costs

Tata Steel Q2 net halves on higher costs

India operations, he said, generated an Ebitda (earnings before interest, tax, depreciation and amortisation) of ₹6,025 crore during July-September 2020. He added that in Europe, though the overall en...

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Switzerland starts 'rolling review' of Moderna COVID-19 vaccine

Switzerland starts 'rolling review' of Moderna COVID-19 vaccine

So, the efforts to find more cost-effective vaccines must continue on a war footing. The ultra-cold temperature required by Pfizer and BioNTech's vaccine is almost impossible to maintain outside o...

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ASEAN group core of India’s Act East policy, says PM Narendra Modi

ASEAN group core of India’s Act East policy, says PM Narendra Modi

The bloc also agreed to set up the ASEAN Regional Reserve of Medical Supplies as suggested by PM Phuc at the April 14 ASEAN special summit on dealing with Covid-19. A release by the Ministry of Exte...

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Trump makes 1st public remarks since Biden's win

Criticism of the administration's response to COVID-19, which has killed more than 235,000 Americans, became a rallying cry for Democrats ahead of the November 3 elections. The Food and Drug Administr...

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Ford E-Transit revealed, delivers on an electric promise

Ford E-Transit revealed, delivers on an electric promise

Ford shared details Thursday of its low-roof cargo van, which will start at under $45,000 for US fleet customers. Loaded with all the high-tech goodies electric auto drivers love, the E-Transit will l...

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Disney posts losses for 2nd straight quarter

Disney posts losses for 2nd straight quarter

Chapek did warn that the unpredictability of COVID-19 could cause disruptions. The Walt Disney Company posted a net loss for the second consecutive quarter, as the pandemic kept people away from i...

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Nirmala Sitharaman announces Atmanirbhar Bharat Rozgar Yojana

Nirmala Sitharaman announces Atmanirbhar Bharat Rozgar Yojana

It also includes additional funding for real estate developers and contractors, a new employment scheme and additional spending on the rural jobs plan. "This will create demand for domestic defence ...

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Economies need further stimulus: central bankers

Economies need further stimulus: central bankers

Two of the world's most powerful central bankers said on Thursday that economic risks from the coronavirus remain high, and they cautioned against putting too much faith in a quick fix from a vacci...

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Tax business more if staff work from home, says Deutsche Bank

Tax business more if staff work from home, says Deutsche Bank

Such a measure could raise $48 billion a year in the USA and about 16 billion euros ($18.8 billion) in Germany, they say, to fund subsidies for low-income earners and essential workers who are unable ...

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Oil Holds Steady After IEA Report

Oil Holds Steady After IEA Report

It could average just below this level in November, the agency predicted. The OPEC+ alliance led by Saudi Arabia and Russian Federation had initially aimed to restore some of the supply they're keep...

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Dow, S&P 500 drop at open as COVID-19 cases surge

Dow, S&P 500 drop at open as COVID-19 cases surge

Futures for the S&P 500 slumped 19.25 points, or 0.5%, at 3,548.75. The S&P 500 posted six new 52-week highs and no new low, while the Nasdaq Composite recorded 68 new highs and five new lows....

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India Faces 'Technical Recession' for the First Time in History, 'Nowcasts' RBI

India Faces 'Technical Recession' for the First Time in History, 'Nowcasts' RBI

Treasury chief Rishi Sunak acknowledged that the health steps taken in the past few weeks "mean growth has likely slowed further since then". But that recovery took a hit in September - even befor...

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SoftBank COO, Vision Fund head leave board in corporate overhaul

SoftBank COO, Vision Fund head leave board in corporate overhaul

SoftBank group said four of its internal directors, including Vision Fund CEO Rajeev Misra are stepping down from the board to make way for external members and better its corporate governance. T...

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Zoom settles with FTC after making 'deceptive' security claims

Zoom settles with FTC after making 'deceptive' security claims

The settlement resolves allegations that Zoom "engaged in a series of deceptive and unfair practices that undermined the security of its users". Amid conflicting narratives on whether the San Jos...

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Hyundai Kona Electric given bolder look and more kit

Hyundai Kona Electric given bolder look and more kit

The headlamps have become slightly sharper, and extend to the sides of the auto. The inner bezels of the new headlamps now incorporate multifaceted reflector (MFR) technology. The new Hyundai Kona ...

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Oil gains nearly 3% on vaccine hopes, even as nations reimpose lockdowns

Oil gains nearly 3% on vaccine hopes, even as nations reimpose lockdowns

The report added that next year, the price will be $46.59 per barrel. Thegrowth forecast is 300,000 bpd less than expected a month ago. Key members of OPEC are wary of U.S. WTI oil rises again abo...

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MBtv: Alibaba's 1000 robots get ready for Singles Day

MBtv: Alibaba's 1000 robots get ready for Singles Day

To help businesses cope with the impact of the corona virus, online sites have extended the shopping festival season this year in hopes of boosting sales. E-commerce companies don't break down Singles...

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US Wall Street set to jump after Biden election win

US Wall Street set to jump after Biden election win

Treasury yield soaring to its highest level since March, and the yield curve, an indication of risk appetite to its steepest since March, on optimism the world's largest economy would emerge from a pa...

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Air Canada Cancels Orders for A220s, 737 Max 8s

Air Canada Cancels Orders for A220s, 737 Max 8s

The company says it hopes to save $3 billion between now and 2023 by cutting the number of planes in its hangars. In the report, Air Canada also announced its plans to reduce its fourth quarter 2020...

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United Kingdom unemployment rate rises as pandemic continues to dent jobs market

United Kingdom unemployment rate rises as pandemic continues to dent jobs market

LONDON-The number of workers laid off in the United Kingdom reached a record quarterly high in the third quarter, highlighting the cost in jobs of the coronavirus pandemic and government measures to c...

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Microsoft Lets Employees Work From Home Permanently

Microsoft Lets Employees Work From Home Permanently

They can even seek to move globally if it is viable to work remotely for that role. However, a few roles still need to access the company's offices, including access to hardware labs, in-person trai...

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China's inflation fails to perk up amid sluggish demand

China's inflation fails to perk up amid sluggish demand

A decline in headline Chinese inflation has been mainly driven by food prices, which rose sharply over the summer after flooding across the country restricted supply. This marked the third straight mo...

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Turkish lira rallies after Erdogan's son-in-law resigns

Turkish lira rallies after Erdogan's son-in-law resigns

Turkish President Recep Tayyip Erdogan removed the country's central bank governor Murat Uysal from his post on Saturday after the Turkish lira reached a record low. He is married to Erdogan's eldes...

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