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World's most populous country, China has recently reported the fatalities of three people in Beijing as the first fatalities from coronavirus in the last six months, with the rise in recorded new cases despite foll...
During the ongoing COP27 (UN climate summit) in Egypt, India has countered the developed world’s effort for extending the scope of mitigation to agriculture, stating that rich nations are not seeking to mitigate ...
The Asian Development Bank and Indonesia, along with a private power company announced partnering to refinance and retire a coal-fired power plant under a groundbreaking carbon emissions reduction program. ...
The city government has recently stated that it has completed the installation of around 1,000 EV (electric vehicles) charging points in a time span of less than one year under the Delhi EV policy 2020. ...
North Korea has reportedly proposed new guidelines on several approaches to deal with the country’s natural disasters situation and emergency health crisis at an important parliamentary meeting, informed the stat...
Sumsub will assist Seracle in building an innovative blockchain ecosystem Sumsub will offer enhanced security to Seracle at a time when losses due to cryptocurrency theft...
Excelra, a data and analytics solutions provider, has recently announced its partnership with Patcore, Inc., to provide better access to its analytics products and scientific data for customers in Japan. ...
Amid working out measures to protect citizens and businesses from soaring energy bills, energy ministers of the European Union (EU) were reportedly divided on capping the prices of Russian gas during their meeting earl...
Universal Entertainment Corp., a Japan-based manufacturer of gaming machines, has recently announced that its local representatives in the Philippines have taken over the operation of a gambling resort, Okada Manila, t...
Nvidia Corporation, a company that designs computer chips, was instructed by U.S. officials to stop the export of two of the best computing chips to China for use in artificial intelligence (AI) projects. Apparently, t...
As India readies to launch 5G services in October, the state-run PGCIL (Power Grid Corporation of India) is still deploying obsolete and dated technology to install 1 crore smart electricity meters that can seriously j...
According to the EDO (European Drought Observatory), Europe is experiencing its worst drought in around 500 years. There have also been reduced inland shipping as well as lower power production and crop yields, with a ...
Pfizer Inc. and BioNTech SE reported that its COVID-19 vaccine is 73.2% effective among kids aged between 6 months to 4 years. The development comes two months after the vaccine was rolled out in the United States for ...
The United States Agency for International Development (USAID) and Asian Development Bank (ADB) have reportedly signed an agreement to support the Pacific region in better preparing for and responding to pandemics, eco...
American media mogul Nexstar Media Group Inc. has become a majority owner of commercial broadcasting company The CW Television Network, as per the latest reports. Nexstar is expec...
Tesla Inc. has reportedly made contracts worth USD 5 billion with Indonesian nickel manufacturing companies to buy materials for its batteries. For a while now, Indonesia has been trying to get Tesla to invest in setti...
Oracle Corporation is reportedly planning to lay off thousands of workers as early as August, as the database and cloud services provider is getting ready to release its first-quarter financial results. ...
The Bank of England has reportedly stated that it will take aggressive measures, if necessary, to prevent the inflation issue from becoming a prolonged challenge. Sources claimed ...
Japan’s Industry Minister Koichi Hagiuda announced on Wednesday i.e., 13th July that the country is planning to assist India in steering its transformation process to clean energy by building on an initiative int...
Foxconn, a prominent contract electronics manufacturer, has reportedly increased its full-year business outlook as a result of robust sales of servers and smartphones, despite concerns over demand drops due to rising i...
After failing to get regulatory permits, China's Great Wall Motor has reportedly abandoned its plans to invest USD 1 billion in India and has fired all employees from its Indian facilities. The Chinese automaker ha...
Tesla Inc. reportedly closed its San Mateo, California office to expedite cost-cutting and has let go nearly 200 workers who functioned on its autopilot driver-assistant system. Most of these employees were compensated...
Google LLC was reportedly hit with an antitrust case by Jobindex, a Danish online job-search rival, that took its grievance to European regulators asserting that Alphabet Inc.’s subsidiary is unjustly favoring it...
The Coca-Cola Company, an American multinational beverage corporation, has reportedly secured a Brand Strength Index (BSI) score of 93.3 out of 100, making it the strongest brand in the USA, according to a TradingPlatf...
The European Union has reportedly pledged USD 630 million to support weaker nations to tackle food scarcity that was made worse by Russia's assault on Ukraine. The funds include USD 368 million in aid to increase l...
According to a recent study, e-commerce platforms are currently India's fastest-growing digital advertising medium and are expected to offer around USD 8 billion worth of opportunities by 2030. Roughly 300-350 mill...
Germany has revealed new measures to increase gas storage levels ahead of the upcoming winter when it anticipates that Russia may restrict or even stop the whole supply. The country, which depends on Moscow for most of...
German apparel giant Adidas AG has reportedly filed a complaint against its American rival Nike Inc., alleging that the sportswear giant infringed on nine of its patents in terms of customizable shoe technology and sma...
According to the statement issued by DHL’s freight forwarding unit, the gap between demand from shippers and new container vessels is steadily getting bridged, which will eventually enable port congestion to ease...
Regulators in the United Kingdom are reportedly planning to investigate Apple Inc. and Google LLC for their impactful duopoly on mobile operating systems, questioning them about their market supremacy in the mobile bro...
Qatar has reportedly chosen Exxon Mobil Corp., Shell plc, TotalEnergies SE, and ConocoPhillips as partner organizations in the development and expansion of the world's largest LNG (liquefied natural gas) project. B...
As part of its 'World Without Waste' campaign, the Coca-Cola Company announced that its India unit intends to achieve 100% recovery as well as recycling of post-consumer used products, that includes cans and bo...
As per reliable sources, factory operations in Asia slowed in May as China's stringent Coronavirus restrictions began to disrupt supply chains and weaken demand, compounding problems for some of the region’s ...
Around 30 of the world's largest fashion companies are reportedly lagging in terms of the United Nations' environmental targets set for sustainable fashion clothing. Although some fashion houses are steadily im...
According to reliable sources, lithium prices have surged approximately 500% within just a year, which in turn could hamper the rapid expansion of electric vehicles and threaten the clean air movement. This development...
The Securities and Exchange Commission (SEC) is reportedly investigating Tesla CEO Elon Musk's buyout of social media platform Twitter. The agency is probing a paperwork mix-up that shows Musk filing for the requir...
Luxury retailers in the United States are reportedly depending on the deep pockets of their high-end customers to weather the inflationary storm that has engulfed the retail landscape. Off late, the retail environment ...
The United States is reportedly pushing Russia closer to a consequential debt default by refusing to extend its license to allow bondholders to pay, as Washington looks to increase pressure following Moscow’s inv...
Facebook-parent Meta Platforms Inc has recently announced that it would provide additional data from its public ad database regarding the targeting decisions made by publishers running social and political-issue advert...
South Korea's largest carmaker Hyundai Motor Group is reportedly planning to invest an additional USD 5 billion in the U.S. by 2025. The company aims to strengthen its collaboration with technological firms in the ...
The Digital Development Minister of Russia has reportedly stated that the country is not planning to block Google’s video streaming platform YouTube as such a move would affect its users and will therefore be avo...
After Ukraine’s invasion, multinational fast-food giant McDonald's Corp. is reportedly planning to sell all its restaurants in Russia, pulling operations from the nation after 30 years. ...
American food major Tyson Foods Inc. has reportedly improved its full-year sales outlook after witnessing better-than-expected earnings and revenue in the last quarter. The company raised its full-year sales to around ...
India and Japan are reportedly working on a joint initiative to develop a standard for electric vehicle charging in emerging markets. The duo will use Japan’s protocols to make easier-to-install and operate EV ch...
According to reliable sources, the Biden administration is planning to provide USD 3 billion in finance to reinforce EV battery manufacturing capabilities in the United States. The apparent funds will be issued by the ...
Telefonica S.A. is planning to increase its investments in Israel’s high-tech sector this year, a senior official reported recently. The company, which is Europe’s third-largest telecommunications company, ...
Harley-Davidson Inc. reportedly saw a downturn in profit for the first quarter, owing primarily to chip shortages and rising costs despite an uptick in sales. The company's stock price was down 1.2%, trading at USD...
The Bank of Canada has announced that the Canadian dollar will continue to be at the center of the financial system instead of cryptocurrency. The revelation comes as a response to the opposition Conservative party&rsq...
Global military spending reportedly reached USD 2.1 trillion in the year 2021, with the U.S., China, and emerging as the three largest spenders, according to a report from SIPRI (Stockholm International Peace Research ...
Bayer AG, a German pharmaceutical company, is likely to receive public backing from Norway's wealth fund, which is worth USD 1.3 trillion. However, the sovereign wealth fund will not support CEO Werner Baumann'...
China is reportedly observing a massive surge in COVID-19 cases with around 3,297 confirmed incidents even though strict lockdowns were issued in several parts of the country. The crisis arose because of locally transm...
According to a recent study by PwC India, UPI (Unified Payments Interface), the real-time payment system is likely to dominate the digital payments space in the future over newer methods such as BNPL (Buy Now Pay Later...
Glenmark Pharmaceuticals Limited has reportedly received approval from the DCGI (Drug Controller General of India) to perform phase 1 clinical trials of its novel molecule for advanced solid tumor patients. ...
Facebook’s parent company Meta has announced to have accepted Oversight Board’s recommendations on restricting users to share another user’s residential address if the account is “publicly avail...
Russia is reportedly seeking out Chinese microchip manufacturers to bypass the sanctions imposed by Western countries, which has caused an uptick in demand for bank cards linked to Mir payment systems. ...
According to the White House, climate change might prove to be severely detrimental to the U.S. federal budget by the end of this century, resulting in a loss of at least 7.1% annual reserve, which is a whopping USD 2 ...
As Russia continues to struggle with the storm of Western sanctions following Ukraine’s invasion, Moscow has now threatened to end cooperation on the International Space Station (ISS), a retaliatory move until the ...
Tech giants Apple Inc., and Meta Inc. have reportedly shared user data with hackers who pretended to be part of an emergency data order request that law enforcement officials typically conduct. ...
Professional networking site LinkedIn has reportedly altered its global policy for job publications after officials in Brazil pointed out that a job posting for black and indigenous professionals had been eliminated fr...
Apple Inc. is reportedly planning to reduce the production of its iPhone and AirPods gadgets amid the Ukraine conflict and booming inflation, which have begun to weigh on consumer electronics demand. ...
China Petroleum & Chemical Corp, also known as Sinopec, is reportedly looking to make its largest capital investment ever, this year after recording its highest profit in a decade, echoing Beijing's call for en...
According to a survey conducted in nearly 6,500 worldwide cities, no country managed to meet the World Health Organization's (WHO) air quality standard in the year 2021. Even after experiencing a sharp drop in poll...
Chevron Corp. has reportedly relieved union workers from its oil refinery located near San Francisco just hours before a deadline to start the first labor strike in over 40 years. Over 500 members of United Steelworker...
The Australian media regulator (ACMA) will reportedly gain authority to force internet firms to hand over internal data about how they manage instances of disinformation and misinformation. This is one of the newest me...
SoftBank Group Corp.'s Vision Fund has reportedly sold a stake worth USD 1 billion in South Korean e-commerce company Coupang, after a drop in the value of the investment firm's holdings. ...
BMW recently announced a recall of more than one million vehicles due to a risk of an engine fire. According to BMW, the affected vehicles have a malfunctioning engine ventilation system, which might cause overheating ...
As per reliable sources, KFC Corporation and Pizza Hut’s parent company Yum! Brands Inc. has halted its investments in Russia, a key market that had helped the food major achieve record development in the precedi...
According to US Secretary of State Antony Blinken, the U.S, and its European allies have considered banning Russian oil imports given the ongoing Ukraine invasion, while the White House is in discussion with Congressio...
As Russian aggressions continue in Ukraine, bans, and sanctions are increasingly being placed in the country. The latest to do so are all big-time entertainment and media conglomerates, halting all theatrical releases ...
U.S. banks are reportedly on high alert following the escalation of sanctions against Russia by several Western nations. As tensions between Russia and the West shoot up, the latter...
Lockheed Martin and Microsoft Corporation have reportedly collaborated to advance 5G.MIL® solutions to accelerate the development of reliable connections for US Department of Defence equipment spanning the air, lan...
In the wake of the Russia-Ukraine crisis which threatens to consume the world, tech giants like Facebook are immediately taking action to alleviate the rising tension. The company has reportedly blocked access to sever...
Google LLC has announced that its U.S.-based employees are no longer required to be vaccinated against the Coronavirus. Back in December, Google had planned to wait till 2022 to decide upon whether to resume office wor...
LinkedIn is reportedly bringing its renowned Creator Accelerator Program to India, the country which is known to be its second-largest market after the U.S., with over 85 million active users. The development com...
The WHO had previously stated that vaccine hesitancy is one of the biggest threats to global health. A recent study further affirms this issue as a major problem, stating that rapidly spreading misinformation on social...
Amazon's rivalry with India’s Reliance Industries has now extended to the cricket field, where the two companies are reportedly vying for telecast rights to the Indian Premier League (IPL), which has hundreds...
Walt Disney Co. is reportedly planning to collaborate with property developers to construct residential communities in the United States, capitalizing on fans' love for the brand outside its theme parks and enterta...
Tyson Foods Inc. has reportedly scrubbed the mandatory use of masks for its fully immunized employees at some of its facilities in the United States. Those working at meatpacking plants will, however, be compelled to w...
Mining giant Vedanta Ltd. has reportedly signed a joint venture agreement with Taiwan’s Foxconn Technology Group to manufacture semiconductors in India. The latest collaboration is a first in response to the Indi...
The Walt Disney Company's shares reportedly elevated by 8% on February 9th, driven by an uptick in subscriber base in its streaming service Disney+ and solid participation at its U.S. theme parks, which further aid...
Toyota Motor Corporation and Honda Motor Company Ltd. are reportedly optimistic about this year's profit outlook. The recent chip shortage has resulted in limited vehicle supply, further allowing the Japanese autom...
Truecaller intends to cover 100 million new smartphones in the next two years. The call identification app has over 220 million active users in In...
The European Commission has reportedly stirred controversy over the role of nuclear energy & gas in the clean energy transition after it proposed new regulations on what can be labeled a ‘green investment.&rs...
According to General Motors chairman and CEO Marry Barra, the company has secured more than 110,000 reservations for its all-electric truck, the Chevrolet Silverado, including bookings from more than 240 fleet operator...
Apollo Hospitals is reportedly in talks with a clump of private equity investors including SoftBank and General Atlantica to sell a minority stake in its pharma business, Apollo HealthCo. The 100% subsidiary of Apollo ...
Tesla Inc. has reportedly released its Q4 and calendar-year 2021 results, revealing USD 17.72 billion in revenue in the last three months of the previous year with the company’s automotive segment alone generatin...
Luxury British carmaker Bentley, a subsidiary of Volkswagen Group, reportedly said that it will produce its first fully electric vehicle in 2025, ushering the company into the world of electric mobility. ...
Ola Electric has reportedly raised USD 200 million in a fresh funding round, which has brought its valuation to USD 5 billion. This time, the EV maker has managed to secure funds from Tekne Private Ventures, Edelweiss,...
SaaS Labs, a SaaS company that creates business automation tools for sales and support teams, has reportedly acquired USD 42 million in Series B round spearheaded by Sequoia Capital India, along with backing from exist...
Shares of Sony Group Corp. saw a 13% drop on January 19th, losing a whopping USD 20 billion in market value after rival Microsoft Corp. acquired video game developer Activision Blizzard in a USD 68.7 billion deal. ...
Samsung has revealed the Exynos 2200, an in-house developed processor designed for use in mobile phones. It is the world's first mobile chipset with an AMD RDNA 2 graphics design GPU, which supports hardware-accele...
Gennova's potential mRNA vaccine is currently undergoing Phase II and Phase III trials. If approved for a EUA, it would be India’s first ...
Tesla Inc. has reportedly received authorization to produce test cars at its unfinished German gigafactory. This approval comes as the EV maker continues to wait for the project's final permission, although Tesla w...
Recykal, a B2B waste management and recycling marketplace head-quartered in Hyderabad, has reportedly raised USD 22 million in funding from Morgan Stanley India. According to the co...
Nutraceutical startup Power Gummies has reportedly raised USD 6 million during a Series A funding which was led by 9Unicorns. The round also saw participation from other investors such as NB Ventures, Sharpp Ventu...
Sony will establish a subsidiary, ‘Sony Mobility Inc.’ that will primarily focus on its EV business. The company unveiled a new electri...
Apple Inc. recently became the first company to have a stock market value of USD 3 trillion, boosted by investor confidence that the iPhone manufacturer will continue to release best-selling products while foraying int...
India has reportedly vaccinated over 3.8 million teens aged between 15-18 years as of 3rd January in an effort to boost its inoculation drive to protect the large young population before the onslaught of a p...
Bharat Biotech has reportedly applied to India's medicine authority for authorization to undertake clinical studies assessing the efficacy of the third dose of COVID-19 vaccine, Covaxin. The indigenous vaccine orga...
With the rapid expansion of its Fresh brand, Amazon has now shifted to first-party grocery sales after losing to Instacart in the aggregator game. Sources confirmed that the retail behemoth has inaugurated its ninth Am...
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