Growing concerns of the countrywide spreading of the new coronavirus in China has resulted in a sharp increase in the stock price of Chinese drug makers. Rise of more than the 10 per cent daily limited was recorded by a number of Chinese pharmaceutical giants on the Shanghai and Shenzhen stock exchanges. This sudden change…
At the beginning of a legal hearing in Canada against Huawei executive Meng Wanzhou, her lawyers described the charges of breaching of Iran sanctions against her as being a “fiction”. Meng is facing a trial in Canada, where she was arrested at the behest of the US, over her extradition to the US. The United…
One can now use the Windows operating system from Microsoft confidently after the United States based software giant said that it had plugged the loophole that was identified in this widely used Windows operating system all across the world. The National Security Agency of the US was the first to alert the company about the…
The word “Fox” has been removed from the name 20th Century Fox film studio by executive at Disney which, according to analysis, has been done in an effort to distinguish the brand which was acquired by Disney last year, from its former owner Rupert Murdoch. According to reports published in the media in the United…
International efforts to tackle global climate change and increased poverty around the world could be derailed because of the risks of a sharp slowdown of the global economy in 2020, warned the United Nations. This was said by the premier global body in its flagship report before the annual gathering of world leaders in Davos…
A pledge to remove “all of the carbon” that it had emitted into the environment since it was founded in 1975 has been just made by Microsoft. Making this announcement, Microsoft Chief executive SatyaNadella said that this target would be achieved by the company by 2050. To achieve that feat, Microsoft would strive to turn…
A drop in demand and sale of its vehicles in China, the Middle East and Africa were blamed by the French carmaker PSA Group for a 10 per cent fall in its sale for 2019, the company announced on Thursday. It said that it had sold 3.49 million units in last year compared to sale…
Faced with dissent and protests from local trades and businesses in India, Amazon.com Inc chief Jeff Bezos made an announcement of the company making an investment of $1 billion in the country with the aim of aiding the small and medium businesses to come online. The company boss also committed that by 2025, it would…
A study published by the activist group Avaaz claimed that climate misinformation was being founded by some of the biggest companies in the world through advertisements on video sharing social media platform YouTube. Climate misinformation was actively being promoted by over 100 brands through advertisements running on YouTube videos on the site, the group found.…
On Wednesday, two sources stated, the U.S. government is nearing the publication of a rule that would significantly expand its powers to block shipments of foreign-made goods to Huawei. The development comes in the wake of the U.S. Commerce Department placing Huawei Technologies Co Ltd on a trade blacklist in May 2019, citing national security…
