Debdutta Ghosh
World & Politics
Imports From China’s Xinjiang Region Banned By US Over Human Rights Abuses
On Thursday, President Joe Biden signed a bill aimed at combating human rights violations in China’s Xinjiang region. The law prohibits imports from Xinjiang and punishes those who are involved
Published on December 24, 2021
By Debdutta Ghosh
World & Politics
In The Face Of The Omicron Spread, Vaccines, Medications, And Data Provide Some Festive Cheer
The global spread of the Omicron variant of the coronavirus continued unabated, prompting health experts to caution that the fight top end the infections caused by the Covid-19 variant is
Published on December 24, 2021
By Debdutta Ghosh
Science & Technology
Study Finds Large Enhancement In Efficacy Against Omicron From mRNA Boosters
According to a Danish study published on Wednesday, administering a third dosage of either Pfizer-or BioNTech’s Moderna’s Covid-19 vaccine provides a substantial boost in immunity against the Omicron variant in
Published on December 24, 2021
By Debdutta Ghosh
Business & Finance
NatWest Accepts Guilt To Fraud Charges In US And Pay $35 Mln In Fines
On Tuesday, a unit of NatWest Group agreed to pay $35 million and pleaded guilty in connection to a long-running scheme of some traders to manipulate U.S. Treasury bond markets.
Published on December 22, 2021
By Debdutta Ghosh
World & Politics
Israel The First Country To Will Offer Fourth Dose Of Covid-19 Vaccine For Over-60 Citizens
Israel said on Tuesday that it will offer a fourth dose of Covid-19 vaccine to older people, amid growing concerns about the spread Omicron variant of the coronavirus. The fourth
Published on December 22, 2021
By Debdutta Ghosh
Science & Technology
Study Shows Covid-19 Could Lower Sperm Count, Motility
A study has found that people infected with Covid-19 could experience low sperm count and motility for months after getting cured. The researchers of the study discovered that the semen
Published on December 21, 2021
By Debdutta Ghosh
Business & Finance
Plans Of Expansion Into NFTs Announced By Controversial Social Media App Parler
The popularity of non-fungible tokens (NFT) is steadily growing around the world. The latest company to join the bandwagon is the social media platform Parler which has recently announced its
Published on December 21, 2021
By Debdutta Ghosh
Economics
China Reduces Its Lending Benchmark, Experts Expect More Cuts Next Year
China’s lending benchmark credit prime rate (LPR) was slashed for the very first time in 20 months on Monday, in an effort to boost development in the stagnating economy. However,
Published on December 20, 2021
By Debdutta Ghosh
Economics
Doubts About Overambitious Foreign Investments Efforts Of Saudi Arabia
Saudi Arabia may lose credibility if it continues to alter the goal posts in terms of the amount of foreign investment it needs to realise its vision of a future
Published on December 20, 2021
By Debdutta Ghosh
Business & Finance
Lawsuit Against Tesla And Musk Filed By Investor Over Musk’s Tweets On Selling Of His Stocks
Tesla investor David Wagner filed a lawsuit against eth US electric car maker Tesla Inc objecting to social media posts, including his poll posts on Twitter, made by Tesla CEO
Published on December 18, 2021
By Debdutta Ghosh
Science & Technology
Reinfection Chances More With Omicron Variant And Its Not Milder Either Claims New Study In UK
According to a study, the chance of reinfection with the Omicron variant of the coronavirus is more than five times higher compared to that of Delta, and it shows no
Published on December 18, 2021
By Debdutta Ghosh
Business & Finance
Supply Challenges Will Hit Its 2021 Production, Warns EV Maker Rivian
The electric pickup truck maker Rivian Automotive Inc revealed the difficulties it will face in ramping up production to compete with the leader in the electric vehicle industry Tesla Inc.
Published on December 17, 2021
By Debdutta Ghosh
Economics
UK Wealth Market Impacted By Pandemic Have-A-Go Investors
Since the outbreak of the pandemic, DIY investing has exploded. This has caused traditional asset managers and banks in Britain to scramble to build or buy online platforms that allow
Published on December 17, 2021
By Debdutta Ghosh
Science & Technology
New Study Finds Lower Antibodies Against Omicron Induced By Two-Dose Vaccines
According to British scientists, adequate neutralising antibodies against the Omicron coronavirus variant are not generated by two-dose Covid-19 vaccines. This study indicates the likelihood of being infected with the variant
Published on December 14, 2021
By Debdutta Ghosh
Business & Finance
Food And Beverage Manufacturers Face Issues With New Import Rules Of China
Many European coffee brands, including Irish whiskey and Belgian chocolate, are struggling to comply with Chinese food and beverage regulations. They fear that their products will not be allowed to
Published on December 14, 2021
By Debdutta Ghosh
Science & Technology
Ostrich Cells Used By Scientists In Japan To Make Masks That Glows If Coronavirus Is Present On Them
A new form of mask that will glow when its material is exposed to ultraviolet light in the case of the mask being contaminated with traces of the coronavirus has
Published on December 11, 2021
By Debdutta Ghosh
Business & Finance
Investments Of Over $4 Billion To Be Made By GM In Michigan EV Plants
According to reports quoting sources and documents made public on Friday, United States based auto giant General Motors (GM) is considering investing more than $4 billion in two Michigan sites
Published on December 11, 2021
By Debdutta Ghosh
Business & Finance
Investment Of $1.3 Billion To Be Made By Tyson Foods To Automate Meat Plants
Tyson Foods Inc expects to invest more than $1.3 billion in meat factory automation over the next three years, according to Chief Executive Donnie King, as a manpower constraint in
Published on December 10, 2021
By Debdutta Ghosh
Economics
Share Of The Super-Rich In Global Wealth Boosted By Pandemic
A research published recently indicated that billionaires’ proportion of family wealth increased by a record amount during the epidemic, with millionaires also benefiting from Covid-19. According to the World Inequality
Published on December 10, 2021
By Debdutta Ghosh
World & Politics
Young New Zealanders To Be Banned From Buying Cigarette
New Zealand proposes to prohibit young people from ever purchasing cigarettes in their lives. This is viewed to be one of the strongest anti-tobacco measures in the world. Authorities claimed
Published on December 9, 2021
By Debdutta Ghosh
World & Politics
Three Shots Of Pfizer-BioNTech Vaccine Is Able To Neutralize The Omicron Variant
A three-shot course of their Covid-19 vaccine was able to neutralise the new Omicron variation in a laboratory test, BioNTech and Pfizer have said. The companies said that this indicates
Published on December 9, 2021
By Debdutta Ghosh
Business & Finance
Proposed India Bill Prohibiting Crypto Payments Might Result In Jail Time For Violators –Reports
A planned legislation by the Indian government that would prohibit the use of cryptocurrencies as a form of payment will also expose people who violate the law to arrest without
Published on December 8, 2021
By Debdutta Ghosh
Science & Technology
Only Partial Protection Against Omicron By Pfizer Covid-19 Vaccine, Finds New Study
According to the research leader of a laboratory at the Africa Health Research Institute in South Africa, the Omicron variant of the coronavirus can partially circumvent protection from two doses
Published on December 8, 2021
By Debdutta Ghosh
Economics
Georgieva Says Growth Downgrades Likely Because Of Emergence Of Omicron Variant
The global economic growth projections made by the International Monetary Fund would likely be reduced due to the emergence of the Omicron variant of the coronavirus, according to IMF Managing
Published on December 4, 2021
By Debdutta Ghosh
Economics
Worst Performance Since March 2020 In November For Hedge Funds Due To Omicron-Linked Volatility
November appears to have been the worst month for global hedge fund performance since the novel coronavirus initially shut down economies at the outset of the Covid-19 epidemic, thanks to
Published on December 4, 2021
By Debdutta Ghosh
Business & Finance
Indian Ride-Hailing Giant Ola Planning For IPO In First Half Of 2022
Ola, an Indian ride-hailing business, said on Thursday that it wants to go public in the first half of 2022, despite recent market turbulence and the dismal listing of several
Published on December 2, 2021
By Debdutta Ghosh
Business & Finance
Ford And GM Set To Race For The Third Spot In The Global ‘ In Electric Vehicle Market
The century-old battle between General Motors and Ford Motor Company is heating up again, this time over who will sell more electric vehicles by 2025. GM and Ford, on the
Published on December 2, 2021
By Debdutta Ghosh
Economics
Fed’s Jerome Powell Hints Fed’s December Meeting Could Decide On Faster Bond-Buying Tapering
US Federal Reserve Chair Jerome Powell has said that central bankers of the country would consider the ending their asset purchases a few months earlier than expected in their scheduled
Published on December 1, 2021
By Debdutta Ghosh
Business & Finance
Preparations Being Made By Global Airlines For Industry Volatility Related To Omicron Variant
Airlines across the world are prepared for a new wave of volatility in the industry as a result of the Omicron variant of Covid-19, which according to analysts, could compel
Published on December 1, 2021
By Debdutta Ghosh
Economics
Rating Agencies Warn Of Risks To Global Economic Recovery Posed By Omicron Covid-19 Variant
After the World Health Organization declared the Omicron Covid-19 variant held a very high risk of infection increases, rating agencies Fitch Ratings and Moody’s Investors Service cautioned that the variety
Published on November 30, 2021
By Debdutta Ghosh
Business & Finance
Twitter’s Technology Chief Parag Agrawal Steps Into The Shoes Of CEO Jack Dorsey
Twitter Inc’s Chief Technology Officer Parag Agrawal will step into the shoes of the co-founder and Chief Executive Officer Jack Dorsey following stepping down form the post on Monday, according
Published on November 30, 2021
By Debdutta Ghosh
Business & Finance
Russia’s Aeroflot Reports Its First Quarterly Profit In Two Years
Aeroflot, Russia’s most popular airline Aeroflot announced on Monday the first quarter of net profit since 2019 , as the growth of both international and domestic travel accelerated. Aeroflot which
Published on November 29, 2021
By Debdutta Ghosh
Economics
Oil Demand Recovery Threatened By Omicron Following Hit Due To Rising Covid-19 Cases In Europe
Asian crude refiner’s margins plummeted to their lowest levels in almost five months, amid concerns about this Omicron coronavirus variant could cause another setback to the oil demand growth, already
Published on November 29, 2021
By Debdutta Ghosh
Business & Finance
Indian Govt. Supporting Local Rival RuPay, Allegees Visa In Complaint To US Govt.
Visa Inc has complained to the U.S. government that India’s “informal and formal” promotion of its domestic payment rival RuPay is hurting RuPay, the U.S. giant in a crucial market,
Published on November 28, 2021
By Debdutta Ghosh
Business & Finance
US Retail Stores Ravaged By ‘Flash Mob’ Thieves On Black Friday
Black Friday bargain hunters weren’t alone looking for bargains on the day following Thanksgiving. Thieves were also busy. The police of Los Angeles and cities elsewhere across the nation spent
Published on November 28, 2021
By Debdutta Ghosh
Business & Finance
Black Friday Sales This Year Set To Bear Last Year’s Sales
The Black Friday sales are set to surpass the record-breaking sales over the last two years, new research suggests. Barclaycard that processes around PS1 for every PS3 that is purchased
Published on November 27, 2021
By Debdutta Ghosh
Business & Finance
World’s First ‘Bitcoin City’ Planned By El Salvador
El Salvador says it plans to construct the first city in the world called “Bitcoin City.” The city, set to be constructed in the eastern region within La Union, will
Published on November 27, 2021
By Debdutta Ghosh
Economics
WTO The First Major Diplomatic Casualty Of New Breakout Of New Coronavirus Variant Outbreak
The new coronavirus strain that was very recently identified in South Africa has force the World Trade Organization (WTO) to postpone its meeting of its ministerial committee for the first
Published on November 27, 2021
By Debdutta Ghosh
Economics
Global Investors Continue To Favour China Over “Overvalued” India
In a shift in the two largest emerging markets, investors with billions of dollars in their portfolios are gradually beginning to favour China over India and reverse the trend of
Published on November 27, 2021
By Debdutta Ghosh
Business & Finance
Assets From Distressed Chinese Developers Being Gobbled Up By Hong Kong Firms
After years of development in Hong Kong, cash-strapped Chinese developers are scaling back their presence in one of the world’s most expensive real estate markets, allowing financial institutions in the
Published on November 26, 2021
By Debdutta Ghosh
Economics
New Coronavirus Variant Rattles Investors, Global Share Take A Hit
Global stock markets have plummeted following the discovery of a new Covid strain prompted concerns about the economy’s recovery. The FTSE 100 index in London fell over 3%, while markets
Published on November 26, 2021
By Debdutta Ghosh
Business & Finance
Europcar Deal Is Attractive, Says Volkswagen As It Cancels Hopes For Higher Bid
Volkswagen virtually cancelled all hopes for a higher bid for France’s Europcar as the German auto making giant said that it completely believed that the 2.9 billion euro ($3.3 billion)
Published on November 26, 2021
By Debdutta Ghosh
Business & Finance
Global Chip Shortage Forces Carmakers To Get Innovative
When it comes to buying computer chips direct from the manufacturer, re-configuring automobiles, or making chips with missing parts automakers must come up with new ideas to meet the shortage
Published on November 26, 2021
By Debdutta Ghosh
Economics
Cryptocurrencies Are Set To Be Banned In India
In a long-anticipated law, India is prepared to move through with its aim to prohibit most cryptocurrencies in the nation. In recent months, there has been growing speculation that the
Published on November 25, 2021
By Debdutta Ghosh
Management
The EU Wants A 9-Month Expiration Date For Its Covid-19 Vaccine Passports
The European Union is contemplating extending the validity of its Covid-19 immunization certificates by nine months, allowing tourists to travel with greater freedom while the coronavirus pandemic continues. The European
Published on November 25, 2021
By Debdutta Ghosh
Economics
Chinese Regulator Working With US Counterparts To Avoid Delisting Of Chinese Firms Form US Browsers
Even as a long going dispute over maintaining similar audit standards for Chinese companies continues between the United States and China, reports quoting a Chinese regulatory official claim that authorities
Published on November 25, 2021
By Debdutta Ghosh
Science & Technology
Record Breaking Covid-19 Cases In Europe, Focus On Expanding Booster Shot
On Wednesday, Covid-19 infections hit new highs in some areas of Europe, making the continent the epicenter of a pandemic that has triggered additional travel restrictions and spurred health authorities
Published on November 25, 2021
By Debdutta Ghosh
Economics
US Convinces Other Oil Importers To Release Oil Reserves To Challenge OPEC+
After OPEC+ producers repeatedly disregarded demands for extra petroleum, US President Joe Biden’s administration stated on Tuesday that it will release millions of barrels of oil from strategic reserves in
Published on November 24, 2021
By Debdutta Ghosh
Economics
Wall Street Banks Evaluate Risks And Opportunities Of Rising US Inflation At 31-Yr High
Wall Street banks are preparing for a prolonged period of higher inflation by conducting internal health checks, checking whether clients in vulnerable industries can repay loans, developing hedging measures, and
Published on November 24, 2021
By Debdutta Ghosh
Economics
Flash PMI Shows Factory Activity Growth Of Japan In November Fastest In Almost 4 Years
With the relaxation of the restrictions imposed by authorities to prevent the spread of Covid-19, there was an acceleration of output which pushed the pace of growth of factory activity
Published on November 24, 2021
By Debdutta Ghosh
