
Debdutta Ghosh
World & Politics
Delta Variant Of Coronavirus Becoming Dominant Variant Globally, Says WHO
According to the World Health Organizationโs chief scientist, the delta variant of the novel coronavirus which was first detected in India and is highly contagious is turning out to be
Published on June 19, 2021
By Debdutta Ghosh
Business & Finance
With Competition In Payments Sector Heating Up, PayPal Overhauls US Rates
Merchant costs for its branded payment products will be lifted by PayPal Holdings Inc while also cutting down on those for behind-the-scenes processing of some Visa and Mastercard transactions which
Published on June 19, 2021
By Debdutta Ghosh
Economics
New Scheme For Fighting Climate Change Announced By BOJ While Retaining Steady Policy
In a surprising move, the Bank of Japan unveiled a plan aimed at boosting the funding for fighting climate change. This move underscores the importance that central banks accord to
Published on June 18, 2021
By Debdutta Ghosh
Business & Finance
Survey Finds Travellers Care Deeply About Sustainability But Willingness To Pay More Varies
One of the silver lining outcomes of the Covid-q9 pandemic for the tourism sector is an increased commitment from travellers towards โsustainableโ travel, finds a new survey. However the hopes
Published on June 18, 2021
By Debdutta Ghosh
Business & Finance
French Court Slaps $1 Million On Ikea For Spying On Workers In France
The Swedish furniture retailer Ikea was found guilty of improperly using employee data by a French court which consequently ordered the company to pay a โฌ1 million ($1.2 million). This
Published on June 17, 2021
By Debdutta Ghosh
Business & Finance
UK Competition Watchdog Investigating Apple And Google
Apple and Google are being investigated by the Competition and Markets Authority (CMA) of the United Kingdom over allegations of the companies misusing their dominant position in the mobile phone
Published on June 17, 2021
By Debdutta Ghosh
Business & Finance
Coca Cola Loses $4bn In Market Value After Cristiano Ronaldo’s Snub
A gesture by the global soccer superstar and captain of the Portugal national football team Cristiano Ronaldo, at a pre-match press conference at the Euro 2020 on Monday resulted in
Published on June 16, 2021
By Debdutta Ghosh
Economics
Chinese Factory Output In May Misses Market Expectations
Disruptions caused by the Covid-19 pandemic outbreaks in Chinaโs southern export powerhouse of Guangdong likely weighed down on the growth in factory output of the country in May as it
Published on June 16, 2021
By Debdutta Ghosh
Economics
Japan’s May Exports Likely Saw Largest Monthly Growth Since 1980
According to a Reuters poll, the exports of Japan in May likely increased at the largest monthly pace in four decades. However the increased numbers are largely reflective of the
Published on June 11, 2021
By Debdutta Ghosh
Business & Finance
SoftBank Supported PayPay Gaining Ground Fast In Digital Payments Arena In Japan
The Japanese payments app PayPay, which is owned by deep-pocketed SoftBank, is taking large steps in further extending its footstep in the Japanese market with the company deploying a shoe-leather
Published on June 11, 2021
By Debdutta Ghosh
Economics
China And US Commerce Chiefs Will Work To Address Differences, Says Beijing
China and the United States have agreed to promote healthy trade and cooperate over differences as the top US and Chinese commerce officials discussed the issues over telephone, said Chinaโs
Published on June 10, 2021
By Debdutta Ghosh
Economics
Wholesale Prices In Japan Rise At Fastest Pace In 13 Years In May
Wholesale prices in Japan surged at their fastest annual pace in 13 years which underlined the rising commodity costs, showed data released on Thursday. This also reflected how global inflationary
Published on June 10, 2021
By Debdutta Ghosh
Economics
Leading Global Crypto Exchanges Weighing Entry Into India Despite Spectre Of Ban
Even with the Indian government reported to be mulling introduction of a law that could ban crypto currencies, some of the global digital currency exchanges are also mulling ways for
Published on June 9, 2021
By Debdutta Ghosh
World & Politics
Japan Likely To Hold Olympics With Only Local Spectators: Reports
Japan is planning to hold the Tokyo Olympics with only domestic spectators despite the Covid-19 pandemic, according to media reports. The organizers are also planning to closely monitor the movements
Published on June 9, 2021
By Debdutta Ghosh
Economics
A New ‘Strike Force’ To Target China On Trade Set Up By Biden Administration
With the Biden administration roiling out a set of findings of a review of the access of the United States to critical products โ ranging from semiconductors to batteries for
Published on June 8, 2021
By Debdutta Ghosh
Business & Finance
Shift To E-Cigarettes Prompts BAT To Raise Sales Growth Outlook
With good results being witness from its efforts to focus on e-cigarettes and tobacco-heating devices, the its annual revenue growth forecast for the current year was raised by British American
Published on June 8, 2021
By Debdutta Ghosh
Economics
Immediate Steps Needed To Get Women Back To Work After Pandemic, Says World Bank
In order to get women back to work and to chug along the path for achievement of gender equality, it is critically important for governments to take critical measures as
Published on June 7, 2021
By Debdutta Ghosh
Economics
G7 Agrees On Global Corporate Tax Proposal By The US, But Issue Remain
The expected agreement of the Group of Seven, or G7, countries to a proposal by the United States for a global minimum corporate tax accord was the big news over
Published on June 7, 2021
By Debdutta Ghosh
Economics
US Treasury Expects Endorsement Of Its Global Minimum Corporate Tax Proposal By The G7
The Treasury Department of the United States expects the G7 wealthy democracies to agree to the proposal of Washington to accept and adopt an ambitious global corporate minimum tax when
Published on June 4, 2021
By Debdutta Ghosh
Business & Finance
Cryptocurrency Trading Platform To Be Launched By Standard Chartered
A new brokerage and exchange platform in Britain and Europe will be launched by a unit of the Standard Chartered Plc and the new services will be offered to primarily
Published on June 4, 2021
By Debdutta Ghosh
Business & Finance
Global Chip Shortage Could Take Several Years To Resolve: Intel Chief
The global shortage of semiconductors has caused shit breaks in production of car of many global automakers while it is also affecting production in other industries such as in the
Published on May 31, 2021
By Debdutta Ghosh
Economics
Rystad Energy Analyses Predicts Need For Hundreds Of New Oilfields In Contrast To The IEA
According to the Oslo-based consultancy Rystad Energy, even if global demand for oil drops sharply towards the middle of the century, companies will need to dig up thousands of new
Published on May 31, 2021
By Debdutta Ghosh
Economics
Vaccine Rollouts And US Fiscal Stimulus Prompts OECD Raise Global Growth Forecasts
According to the Organisation for Economic Cooperation and Development (OECD), the United States putting in trillions of dollars into the largest economy of the world and the Covid-19 vaccines rollouts
Published on May 31, 2021
By Debdutta Ghosh
Business & Finance
“Tsunami Of Closures” Faced By British Retailers Without Government Help
According to the warning of the industry lobby group the British Retail Consortium (BRC), if the British government does to extend the moratorium on aggressive debt enforcement, there will be
Published on May 30, 2021
By Debdutta Ghosh
Economics
US Inflation Rise Driven By Pent-Up Demand And Supply Shortages
The underlying inflation in the month of April in the United States surged past the Federal Reserveโs 2 per cent target with surge in consumer prices in the country. That
Published on May 30, 2021
By Debdutta Ghosh
Business & Finance
EU Gives TikTok A Month To Respond To Charges Of Consumer Rights Breaches
The Chinese owned shirt video sharing app TikTok is alleged to have violated the consumer laws of the European Union and has also allegedly failed to protect children from hidden
Published on May 29, 2021
By Debdutta Ghosh
Economics
Chinese Think Tank Says China And US Can Ease Trade Tensions By Tariff Exclusions
China and the United States โ the two largest economies of the world, could find a middle path to reduce trade tensions by increasing the number of goods being tariffed
Published on May 29, 2021
By Debdutta Ghosh
Business & Finance
US Will Remain Its Vital Market Despite Retail Exit, Says HSBC
After the British lender HSBC announcing the sale of its mass market retail banking business in the United States, it reiterated the importance of the market as being hey to
Published on May 28, 2021
By Debdutta Ghosh
Business & Finance
Global Auto Firms In China Rush To Store Car Data Locally As China Proposes New Rules
There is growing pressure on auto companies in the biggest car market of the world – China, over how these companies deal with information from vehicles and this has prompted
Published on May 28, 2021
By Debdutta Ghosh
Business & Finance
Airbus Ramps Up Target For Jet Output While Betting On Aviation Recovery
Its production targets were increased by the European airplane maker Airbus on Thursday, reflecting signals of a global recovery and strengthening its position prior to a meeting with its suppliers
Published on May 28, 2021
By Debdutta Ghosh
World & Politics
Two Theories Of Coronavirus Origin Acknowledged By US Intelligence Community
The intelligence agencies of the United States currently have two theories about the origins of the novel coronavirus according to the admission of the US intelligence community on Thursday. There
Published on May 28, 2021
By Debdutta Ghosh
World & Politics
Biden Asks Intelligence Agencies To Probe Covid-19 Origin Including Wuhan Lab Lea Possibility
The intelligence community of the United States has been asked by President Joe Biden to files a report within 90 days on the likely origins of the Covid-19. In a
Published on May 27, 2021
By Debdutta Ghosh
Business & Finance
Big Warning Delivered To Big Oil Companies On Climate Change By Shareholders And Court
While a Dutch court ruled that more needs to be done by the oil major Royal Dutch Shell to accelerate the reduction in greenhouse gas emissions, top two oil companies
Published on May 27, 2021
By Debdutta Ghosh
Business & Finance
Washington DC Accuses Amazon Of Unfair Pricing Policies
The worldโs largest retailer Amazon is facing a court case filed by Washington DC over charges that the company regularly misuses its powerful market position in the retailing industry. Consumers
Published on May 26, 2021
By Debdutta Ghosh
Business & Finance
Emirates Warns Of Not Taking Deliveries Of Boeingโs 777x Jets Is Performance Commitment Not Met
If the 777x jets made by the United States based airplane maker Boeing were unable to meet the contractual performance commitments, Emirate airlines would not hesitate to refuse delivery of
Published on May 26, 2021
By Debdutta Ghosh
Business & Finance
Japanโs Nipro Sign Covid-19 Vaccine Deal For Japan With AstraZeneca
An agreement has been struck between AstraZeneca Plc and Nipro Corp for supplying of the Covid-19 vaccine developed by the British-Swedish company in partnership with the University of Oxford in
Published on May 26, 2021
By Debdutta Ghosh
Economics
World Bank Reports Says $53 Bln Raised By Global Carbon Pricing Schemes In 2020
The money generated by countries all around the world from charging companies for emitting carbon dioxide (CO2) last year was almost 18 per cent year on year more โ at
Published on May 26, 2021
By Debdutta Ghosh
Economics
US Treasury Deputy Chief Confident Of G7 Support For 15%+ Global Minimum Corporate Tax
The proposal of the United States to impose a 15 per cent or higher global minimum corporate tax will be strongly supported by other members of the G7, said the
Published on May 25, 2021
By Debdutta Ghosh
Economics
Chinese Warning Against Price Hikes Cause Fall In Global Metal Prices
Following a warning by Chinese authorities to commodity companies in the country about pushing up prices, there was a fall in the prices of industrial metals globally. The companies dealing
Published on May 25, 2021
By Debdutta Ghosh
Economics
Covid-19 Recovery Among Emerging Markets Could Be Slow Because Of Rising Debt
With respect to the economic recovery from the Covid-19 pandemic hit, the emerging markets could fall further behind developed markets because of increasing levels of dents in the emerging economies,
Published on May 25, 2021
By Debdutta Ghosh
Business & Finance
Big US Banks Confident Of Post-Pandemic Rebound Of Credit Card Usage
With the easing of pandemic restrictions and with the stimulus checks from the United States government ending, major banks in the US are getting ready to see an uptick in
Published on May 24, 2021
By Debdutta Ghosh
Business & Finance
GMโs Relations With Suppliers Enhanced Last Year Despite Pandemic, Shows A Study
An annual North American survey released on Monday showed that the United States auto making company General Motors Co had strengthened its relations with its suppliers throughout last year even
Published on May 24, 2021
By Debdutta Ghosh
Business & Finance
Tough Chinese Stand Forces Crypto Miners To Halt China Business
Following the announcement by Chinese authorities about a crackdown on bitcoin mining and trading, crypto currency miners have halted their China operations. The crypto currency mining firms include HashCow and
Published on May 24, 2021
By Debdutta Ghosh
World & Politics
IMF Proposed $50B Vaccine Plan To Bring An End Covid-19 Pandemic
The cost of vaccination of at least 40 per cent of the population in all countries by the end of 2021 and at least 60 per cent by the first
Published on May 24, 2021
By Debdutta Ghosh
World & Politics
India Orders Social Media Firms To Take Down ‘India Variant’ From Covid Content
Social media companies in India have been ordered by the government to remove any content that gas reference to the words “Indian variant” of Covid-19 arguing that the variant has
Published on May 23, 2021
By Debdutta Ghosh
Management
Power At The Workplace Should Not Be Abused, Says Microsoft CEO Nadella
Executives of companies should not abuse the power that are allocated to them, believes Microsoft CEO Satya Nadella. This was the first comments from a top executive of the company
Published on May 23, 2021
By Debdutta Ghosh
Business & Finance
Long Way For Banks To Become “Green”, Says EU Watchdog
The banking watchdog of the European Union said that there needs to be greater urgency among banks of the region to close down the gaps currently existing in the current
Published on May 22, 2021
By Debdutta Ghosh
Economics
Business Growth In Euro Zone At Three Year High, But Caution Sounded By ECB
The speed of business growth in the euro zone in May was the fastest in more than three years, according to a survey published on Friday. However there was still
Published on May 22, 2021
By Debdutta Ghosh
Business & Finance
Transition To ‘Green’ Trucks Will Result In Engine Job Losses, Predicts Daimler Truck
According to Daimler Truck Chief Executive Martin Daum, in the next 15 years, about half the jobs at Europe’s truck engine plants will be lost because of the transition to
Published on May 22, 2021
By Debdutta Ghosh
Business & Finance
Airbus Pushing To Increase Flight Range Of A220 Jets, Says The Newest US Carrier
Airlines using Airbusโ smallest jet, the A220, will now have the option of open more niche routes internationally because the European plane maker is pushing ahead with its plans to
Published on May 22, 2021
By Debdutta Ghosh