Economy

Dozens of Loblaws Companies' staff in Ontario test positive for COVID

Dozens of Loblaws Companies' staff in Ontario test positive for COVID

The last day that employee worked in the store was December 23rd. Loblaw Companies is reporting 56 COVID-19 cases among its workforce in Ontario since Christmas Eve. The affected stores include Lobl...

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First person in United Kingdom receives new Oxford-AstraZeneca COVID-19 vaccine

Britain, which is rushing to vaccinate its population faster than the United States and the rest of Europe, is the first country to roll out the Oxford-AstraZeneca shot. But Israel is the world leader...

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Google workers form new labor union, a tech industry rarity

Google workers form new labor union, a tech industry rarity

It will collect dues, pay organizing staff and have an elected board of directors. Google has been under fire https://www.reuters.com/article/us-alphabet-google-labor-idUSKBN28C35V from the us labor...

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Icahn sells US$600M Herbalife stake, gives up board seats

Icahn sells US$600M Herbalife stake, gives up board seats

Icahn and Icahn Enterprises affiliates. The Herbalife Nutrition - Icahn Enterprise repurchase deal is speculated to conclude by January 7, 2021, and the purchase price is finalized at United State...

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Tesla poised for global expansion after just missing 2020 target

Tesla poised for global expansion after just missing 2020 target

Tesla on Saturday reported its production and delivery numbers for the year 2020. The company delivered 499,550 vehicles during 2020, above Wall Street estimates of 481,261 vehicles, according to R...

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Bitcoin breaches US$34000 as rally extends into new year

Bitcoin breaches US$34000 as rally extends into new year

Visit Business Insider's homepage for more stories . In yet another major milestone for the premier cryptocurrency, bitcoin on Saturday broke through the $30K price for the first time, setting new a...

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Tencent games withdrawn from Huawei app store over revenue dispute

Tencent games withdrawn from Huawei app store over revenue dispute

As the changes do not comply with HUAWEI's regulations, the games developed by Tencent were later removed from the app store . On the other hand, the official announcement posted on Huawei's ...

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Brexit: Boris Johnson’s father seeks French citizenship

Brexit: Boris Johnson’s father seeks French citizenship

When Britain leaves the EU's Single Market and Customs Union at midnight CET (2300 UTC/GMT) on Thursday, Britons will lose the automatic right to live and work in the bloc. "This moment is finally upo...

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Jack Ma's Ant Group ordered by China to change its policies

Jack Ma's Ant Group ordered by China to change its policies

The gloom due to the regulatory crackdown overshadowed Alibaba's decision, announced on Sunday, to raise its share repurchase programme to $10 billion from $6 billion, effective for a two-year p...

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1st Look At The Made-In-China Tesla Model Y

1st Look At The Made-In-China Tesla Model Y

The carmaker said https://ir.tesla.com/press-release/tesla-q4-2020-vehicle-production-deliveries Model Y production in Shanghai has begun, with deliveries expected shortly. Now selected customers ...

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2020 was a good year for gold and other precious metals

2020 was a good year for gold and other precious metals

That also outperforms the S&P 500, which is up about 15% this year. We know what happened in 2020, but the key question is what will 2021 bring for the gold market? Though prices have corrected ...

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SEC recommends EUA for Covishield, DCGI nod awaited

SEC recommends EUA for Covishield, DCGI nod awaited

Applications for vaccines made by Pfizer Inc. and Indian manufacturer Bharat Biotech are also being reviewed. The vaccine, developed by CNBG's unit Beijing Biological Products Institute, along wit...

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Ford, Mahindra scrap JV; Ford to continue independently

Ford, Mahindra scrap JV; Ford to continue independently

This led both, Ford and Mahindra, to reassess the deal and come to separate decisions on its viability. The agreement valued at Rs 1,925 crore was signed with Mahindra owning a 51 per cent controlli...

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India tests vaccine delivery system with nationwide trial

India tests vaccine delivery system with nationwide trial

A report in India Today said the Drug Controller General of India (DGCI) will take a final call on whether or not to approve the vaccine for emergency usage authorisation. Both SII had Bharat Biotec...

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Ticketmaster Fined $10 Million After Hacking Rival Ticket Marketplace

Ticketmaster Fined $10 Million After Hacking Rival Ticket Marketplace

Under the deal , TicketMaster admits that its executives tried to "choke off" the victim company and "cut [it] off at the knees" by illegally accessing its internal systems with the help of a former...

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Fake Melania conspiracy resurfaces as Donald Trump returns to the White House

Fake Melania conspiracy resurfaces as Donald Trump returns to the White House

He said that the reasons for which he had issued such a restriction have not changed. Ornato was also responsible, by the request of the president, for helping organize and coordinate several Trump ...

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Modi kicks off novel housing projects in six cities

Modi kicks off novel housing projects in six cities

The PM said earlier people would not be sure if the law would be in their favour in timely handover of houses to them by builders. The Institute also outscored all other IIMs in terms of the highest...

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Govt likely to increase petrol price by Rs2.96 per litre

Govt likely to increase petrol price by Rs2.96 per litre

The new price of kerosene oil is Rs73.65 per litre and light diesel oil will be available for Rs71.81. Similarly, OGRA had recommended a raise of 10.92 rupees and 14.87 rupees per liter respectively...

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Sportmix Pet Food Recalled for Potentially Fatal Levels of Aflatoxin

Sportmix Pet Food Recalled for Potentially Fatal Levels of Aflatoxin

No cat or human illnesses have been reported. Midwestern Pet Foods, the Indiana-based maker of Sportmix, has issued a voluntary recall of specific types of dog and cat food that were found to co...

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United Kingdom formally leaves European Union today after 48 years

United Kingdom formally leaves European Union today after 48 years

After haggling over a trade deal for months, the British government published 70 pages of case studies just hours before its departure, advising companies on what rules to follow at the new UK-EU bord...

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Britain is first country to approve new AstraZeneca/Oxford COVID-19 vaccine

Britain is first country to approve new AstraZeneca/Oxford COVID-19 vaccine

As Safford Cordery, NHS Providers deputy chief executive, warned 'we are in for a very hard new year, ' Mr Whitty suggested vaccine shortages could last for months. The company is now seeking permis...

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Brexit: Boris Johnson's father applies for French citizenship

Brexit: Boris Johnson's father applies for French citizenship

Boris Johnson's father Stanley. UK PM Boris Johnson's father Stanley confirmed on Thursday that he was seeking French citizenship just when free movement of Britons was coming to an end thanks to...

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India to have vaccine within days: AIIMS chief

India to have vaccine within days: AIIMS chief

America's Pfizer was the first one to apply for the accelarated approval on December 4, followed by the SII and Bharat Biotech who applied on December 6 and 7, respectively. The Pune-based Serum Insti...

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Stocks Hold On to Modest Gains, Marking Another Dow Record

Stocks Hold On to Modest Gains, Marking Another Dow Record

The S&P 500 added 0.1% Wednesday, keeping it just below the all-time high it reached on Monday, and the Dow Jones Industrial Average notched another record. "It feels very much to me like investor...

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NYE restrictions tightened in Sydney after spike in COVID cases

NYE restrictions tightened in Sydney after spike in COVID cases

As a result, Berejiklian announced a change to previously stated NYE restrictions, saying those located in Greater Sydney and the Southern Zone of the Northern Beaches will now be limited to just f...

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China's Zhong Shanshan replaces Mukesh Ambani as Asia's richest person

China's Zhong Shanshan replaces Mukesh Ambani as Asia's richest person

He's known as the "Lone Wolf" and rarely makes public appearances or speaks to the media. According to the Bloomberg Billionaires Index, Zhong's net worth surged from $70.9 billion this year to ...

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Ohio Among 20 States To See Minimum Wage Increase In 2021

Ohio Among 20 States To See Minimum Wage Increase In 2021

But since employers in those states are subject to the Fair Labor Standards Act, Georgia and Wyoming must still pay their employees the $7.25 Federal minimum wage. But workers will see that increase f...

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Bitcoin hits record US$28600 to take 2020 gains past 295%

Bitcoin hits record US$28600 to take 2020 gains past 295%

January has always been a volatile month for the cryptocurrency market. Although his timeframe was a bit off, his price prediction became a reality and even exceeded his expectations. The world's mo...

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British PM Johnson's Father Applying for French Citizenship

British PM Johnson's Father Applying for French Citizenship

The agreement document will now be brought to London were UK Prime Minister Boris Johnson will sign it. Once the Bill clears all the stages in record time, the UK-EU trade agreement will come i...

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European Council approves provisional application of trade deal with UK

European Council approves provisional application of trade deal with UK

The agreement, which will be signed by U.K. Prime Minister Boris Johnson and the EU's top two officials on Wednesday, will come into effect provisionally on January 1, pending the European Parliamen...

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Two more COVID-19 cases in Nova Scotia

Two more COVID-19 cases in Nova Scotia

Provinces in Atlantic Canada are reporting small jumps in COVID-19 cases, with Nova Scotia seeing the largest increase. One person is now in hospital with the disease. Dr. Robert Strang, Nova Scotia's...

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India expects Covid-19 vaccine in a 'few days'

India expects Covid-19 vaccine in a 'few days'

Talking about the launch of Pneumosil , Adar Poonawalla, CEO, SII shared, "Over the years our constant endeavour has been to provide high quality vaccines with regular supplies which ensures excellen...

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Secondary schools will not reopen until mid January, says Williamson

Secondary schools will not reopen until mid January, says Williamson

This will include primaries in 22 London boroughs, which between them have more than half a million pupils, and many primaries in Essex and Kent and some in East Sussex, Buckinghamshire, and Hertfords...

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United Kingdom imposes stricter competition rules on tech giants

United Kingdom imposes stricter competition rules on tech giants

Transparency on use of consumer data: Platforms, including those funded by digital advertising, will have to be more transparent about the services they provide and how they use user data. The CMA fo...

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Ontario Finance Minister busted taking personal December trip outside country during lockdown

Ontario Finance Minister busted taking personal December trip outside country during lockdown

Premier Doug Ford expressed dismay over his finance minister's decision to disobey decrees by public health officials. "He's as hard working and dependable a person you'll find in political life, a...

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