The United States based electronics retailer Best Buy notched up its largest quarterly sales growth in 25 years in the three months ending on October 31 as the company benefitted significantly from the rising trend of consumers purchasing laptops, home theatre systems, kitchen appliances and other electronics products with such consumers being forced to spend…
After almost 2,500 of its employees tested positive for Cvoid-19, more than half of its factories will now be shut down by the largest maker of latex gloves in the world. Authorities said that in order to bring the pandemic spread under control, 28 plants of Malaysia’s Top Glove will be closed down in phases.…
The first person to receive the Covid-19 vaccine in the United States could get it as soon as December 11, according to the White House. An application to the US Food and Drug Administration for emergency use authorisation for its Covid-19 vaccine candidate was submitted by the US pharmaceutical giant Pfizer and its German partner…
Misinformation and conspiracy theories around Covid-19 vaccinations will not attempted to ne dispelled by tech companies including Facebook, Twitter and Google together with governments including the United Kingdom and Canada. Standards for tackling misinformation across the various digital platforms and how organizations accountable for their failure to do so can be held responsible is being…
Facebook has been criticised by iPhone maker Apple for trying to “collect as much data as possible” from users. Despite objections from the advertising industry, Apple will march ahead with its plans for launching of a new privacy feature, the iPhone maker said. This criticism was made in a letter to a coalition of privacy…
Despite the United States based aircraft maker Boeing is close to getting back into the air its grounded 737 Max planes, there are a host of other challenges awaiting the company in the critical aviation market of China. There has yet been no word from the Civil Aviation Administration of China (CAAC) about allowing a…
Following the approval to flu in the skies again to Boeing’s 737 Max passenger jetliner planes by the regulators in the United States, the same is set to be done by regulators in Europe in January. The planes have been grounded for 20 months now after two deadly crashes involving the planes in which 346…
Hundreds of companies from the United States and Europe will be forced to cut down on their greenhouse gas emissions according to the plans of the British billionaire and investor Chris Hohn. Hohn aims to achieve this by enlisting global investors and together demand an annual vote by companies at annual shareholder meetings related to…
In relation to its controversial previous practices of intentionally slowing down older iPhones to extend their battery life, Apple has agreed to pay millions of dollars in damages to to 34 states in the United States. Under the agreement struck by Apple, the iPhone has to pay $113 million for the settlement of an investigation…
The managing director of the International Monetary Fund warned before this week’s virtual Group of 20 (G20) summit that even though vaccine breakthroughs offer hope, the efforts of staging a recovery for the global economy from the hit of the novel coronavirus pandemic seems to be losing steam and “the economic path ahead remains difficult…
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