Debdutta Ghosh
Business & Finance
Fire Damage At Renesas’ Chip Factory Worse Than Initially Estimated, Says Firm
The fire that ravaged the chip making factory of the Japanese chip maker Renesas Electronics Corp situated in northeast Japan has caused much more damage than the company had previously
Published on March 29, 2021
By Debdutta Ghosh
Business & Finance
Toyota Opens Its First Hydrogen Fuel Site In Australia, Urges Government To Promote Such Sites
Its first commercial hydrogen fuel pump site in the Australian state of Victoria was opened by the Japanese auto maker Toyota Motor Corp on Monday as the firm urged the
Published on March 29, 2021
By Debdutta Ghosh
Business & Finance
Nissan, Stellantis, Nio Impose More Production Curbs Because Of Chip Shortage
The latest car manufacturers to announce curbs in production because of the global shortage of auto chips include Stellantis NV and Chinese electric vehicle maker Nio. Production at its five
Published on March 28, 2021
By Debdutta Ghosh
Business & Finance
Retailers In US And Europe Hit By Suez Crisis On Top Of Pandemic Supply Issues
Retailers Europe and the United States will likely find it hard to keep products in stock during the coronavirus pandemic because of the blockage of the Suez Canal due to
Published on March 28, 2021
By Debdutta Ghosh
Economics
Stranded Ship Could Lock Block Suez Canal For Weeks Affecting Global Trade
There was a new set back to global trade as authorities of the Suez Canal stopped all ships entering the channel on Thursday as the huge container ship continued to
Published on March 26, 2021
By Debdutta Ghosh
World & Politics
Global Cybersecurity Woes Made Worse By A New Wave Of ‘Hacktivism’
The world of hacking is being joined by a new generation of youthful hackers – many of whom are reportedly angry about the manner in which the cyber security world
Published on March 26, 2021
By Debdutta Ghosh
Economics
World’s Billionaires Got Richer In 2020 As World Grappled With Pandemic
The wealth of billionaires reached new heights in 2020 when the rest of the world was grappling with unemployment and lost jobs and businesses because of the Covid-19 pandemic. And
Published on March 25, 2021
By Debdutta Ghosh
Business & Finance
Row Over Forced Labour In China’s Xinjiang Hits European Fashion Brands
A host of European fashion brands such as Adidas, Inditex and H&M faced severe criticism on social media in China over their previous comments and views made over contentious issues
Published on March 25, 2021
By Debdutta Ghosh
Economics
9% Drop In Lending To Fossil Fuel Industry By Major Banks In 2020
The covid-19 pandemic last year resulted in the biggest banks of the world cutting down by 9 per cent for projects involving fossil fuels even though that spending last year
Published on March 24, 2021
By Debdutta Ghosh
Business & Finance
Chip Shortage Finally Catches Up With Hyundai As It Faces Production Hit From April
Up until now the global shortage of chips in the auto industry has not been able to hit South Korea’s Hyundai Motor in any significant manner as it has remained
Published on March 24, 2021
By Debdutta Ghosh
Economics
Signals Of Stronger Global Recovery Along With Significant Threats Seen By IMF
While pointing out to a number of emerging signs of a stronger global economic recovery, the second most important official of the International Monetary Fund on Saturday also warned of
Published on March 22, 2021
By Debdutta Ghosh
World & Politics
Sanctions On Chinese Officials Imposed By EU Over Uighurs’ Human Rights Abuses
Sanctions against four Chinese officials have been imposed by the European Union over charges of the officials being involved in human rights abuses against the mostly Muslim Uighur minority group
Published on March 22, 2021
By Debdutta Ghosh
Business & Finance
UK Antitrust Regulator To Probe Facebook
After launching antitrust investigation into Google and Apple earlier this year, a similar probe is being prepared against the largest social media company Facebook by Britain’s competition regulator within the
Published on March 20, 2021
By Debdutta Ghosh
Business & Finance
British Airways Mulls Sale Of Its Headquarters Due To Homeworking Trend
British Airways feels that it may not need as much of office space as it currently possess because of the rising trend of working from home that got pace during
Published on March 20, 2021
By Debdutta Ghosh
World & Politics
Countries Including Germany And France Resume Use Of AstraZeneca Vaccine
Following confidence building statements and measures announced by medicine regulators of the European Union and the United Kingdom about the benefits outweighing the risks of the Covid-19 vaccine from AstraZeneca,
Published on March 19, 2021
By Debdutta Ghosh
Business & Finance
Nestle Uses Cocoa Pulp To Replace Sugar In Its Chocolates
The global food giant Nestle is set to launch a chocolate sweetened with cocoa fruit pulp and has been named “Incoa” bar even as confectionery companies are trying to find
Published on March 19, 2021
By Debdutta Ghosh
Economics
2021 Global Economic Growth Forecast Raised By UN Body To 4.7%
The United Nations Conference on Trade and Development (UNCTAD) now expects the global economy to grow faster in the current year of 2021 at 4.7 per cent compared to its
Published on March 18, 2021
By Debdutta Ghosh
Management
Britain’s New Proposal To Significantly Change Running And Auditing Of Firms
Following the collapse of retailer BHS and builder Carillion, the British government has proposed to weaken the market dominance of the “Big Four” auditors while making the directors of the
Published on March 18, 2021
By Debdutta Ghosh
Business & Finance
Chinese Firms Facing Trump Investment Ban Considering Suing US Government After Xiaomi Win Against Ban
Following the decision of a Federal judge in the United States suspending a blacklisting of the Beijing based smartphone maker Xiaomi by the administration of the former US president Donald
Published on March 17, 2021
By Debdutta Ghosh
Business & Finance
Foxconn Will Make Electric Vehicles At Its Wisconsin, US, Plant Or In Mexico
Electric vehicles may be manufactured by Foxconn, the major Apple Inc supplier, at its factory in Foxconn which is a high profile one but is currently in some trouble, said
Published on March 17, 2021
By Debdutta Ghosh
Economics
New Report Says $131 Trillion Investment In Clean Energy Needed By 2050 To Achieve Climate Goals
A new study that was published on Tuesday has claimed that there needs to be an increase of 30 per cent in planned investment in clean energy by 2050m totalling
Published on March 16, 2021
By Debdutta Ghosh
Science & Technology
EU Countries Suspending AstraZeneca Vaccine May Have Wider Impacts
Analysts say that there will be far-reaching consequences of many European countries deciding to suspend the use of the Covid-19 vaccine developed by University of Oxford and AstraZeneca even as
Published on March 16, 2021
By Debdutta Ghosh
Economics
China’s Economic Recovery In 2021 Being Driven By China’s Factory Output And Consumers
The Chinese economy continued to consolidate its fast recovery from the Covid-19 pandemic with the country’s factory and retail sector activity growing in the forts two months of the current
Published on March 15, 2021
By Debdutta Ghosh
World & Politics
Bloodiest Day In Myanmar Since Military Coup On Feb. 1 With 39 Killings Of Protestors
According to an advocacy group of Myanmar, at least 22 pro-democracy protesters in the Hlaingthaya suburb of Yangon were killed by the ruling army of the country on Sunday while
Published on March 15, 2021
By Debdutta Ghosh
Business & Finance
Vaccinated Travellers Should Be Allowed To Travel Without Restrictions, Says British Airways
Those people who have been vaccinated against Covid-19 should be allowed to travel without any restrictions while those who are not should travel with a negative Covid-19 yes report, said
Published on March 14, 2021
By Debdutta Ghosh
Economics
India Drafts New e-Commerce Policy Demanding Equal Treatment Of Sellers By Platforms
A new draft policy e-commerce firms prepared by the Indian government will mandate that such companies follow a policy equal treatment of sellers on their platforms while also ensuring transparency.
Published on March 14, 2021
By Debdutta Ghosh
World & Politics
Deadly Second Pandemic Wave Causing Havoc In Brazil As Hospitals Get Overwhelmed
Brazil has been severely hit by a second wave of the Covid-19 pandemic as its hospitals and ICUs reaching full capacity and are on the verge of a collapse even
Published on March 13, 2021
By Debdutta Ghosh
World & Politics
After Reports Blood Clots Use Of AstraZeneca’s Covid-19 Vaccine Suspended In Denmark
The emergency use of the Covid-19 vaccine developed jointly by AstraZeneca and the University of Oxford has been temporarily suspended by Denmark, the country said on Thursday. This temporary suspension
Published on March 13, 2021
By Debdutta Ghosh
Business & Finance
Rolls-Royce Reports Record Loss But Confident Of Weathering Pandemic Crisis
Despite the British engine maker Rolls-Royce reported a record 4 billion pound ($5.6 billion) underlying loss for 2020, the company expressed confidence that it would be able to weather the
Published on March 11, 2021
By Debdutta Ghosh
Economics
ECB To Tackle Rise In Yields By Faster Money-Printing
With the aim of restraining euro zone borrowing costs, the European Central Bank could be printing money faster, the central bank signalled on Thursday. The ECB however did not say
Published on March 11, 2021
By Debdutta Ghosh
Business & Finance
Toyota’s Strategy To Stockpile Chips Since 2011 Is Paying Off Now Amid Global Chip Shortage
Even though the concept of just-in-time manufacturing was pioneered by the Japanese car maker Toyota, its decision to stockpile chips used in the car industry and which is now facing
Published on March 10, 2021
By Debdutta Ghosh
Business & Finance
Harley Davidson To Sell Used Bikes Under Its Certified Used Bike Program To Attract Young Customers
A new strategy to get younger customers to purchase a new motorcycle adopted by Harley-Davidson Inc is to first offer them a used one. A certified pre-owned bike program, known
Published on March 10, 2021
By Debdutta Ghosh
Economics
US Suspends Tariffs On UK Goods Including Single Malt Scotch Whisky
The United States has suspended import tariffs on a number of goods from the United Kingdom including on single malt whiskies. The tariffs were imposed as a part of the
Published on March 8, 2021
By Debdutta Ghosh
Economics
For Travellers, Covid-19 Travel Insurance Is Now Becoming Mandatory
Insurance policies against Covid-19 while travelling or going on vacations are becoming as common as ensuring having passports and sunscreen which is expected to boost the insurance sector with more
Published on March 8, 2021
By Debdutta Ghosh
Economics
Modest GDP Growth Target For 2021 Set By China Even As Economy Improves
China – the second largest economy of the world, has set itself a relatively modest annual economic growth at just over 6 per cent for the current year while also
Published on March 5, 2021
By Debdutta Ghosh
Business & Finance
Demand For Used Chipmaking Tools Increased Amid Global Semiconductor Shortage
The advance booking for its chips has currently exceeded its capacity at the Minnesota-based Polar Semiconductor which makes chips for automakers, said a report. But the company is finding it
Published on March 5, 2021
By Debdutta Ghosh
Management
French Supermarket Giant Casino Sued By Indigenous Amazonians For Rainforest Destruction
A lawsuit was filed against the French retailer Casino in a French court by indigenous people from Brazil and Colombia in which they alleged that the retailer was selling beef
Published on March 4, 2021
By Debdutta Ghosh
Business & Finance
EU To Oppose Aon’s $30 Billion Acquisition Of Insurance Broker Willis: Reports
The acquisition of Willis Towers Watson by Aon in a deal worth $30 billion is likely to face opposition from the antitrust watchdog of the European Union and is likely
Published on March 4, 2021
By Debdutta Ghosh
Economics
US Will Fight Chinese Trade Barriers, Says Biden’s Trade Representative Choice
According to Katherine Tai, the nominee for the posy of trade representative of the United States as chosen by President Joe Biden, the new administration would continue to work to
Published on March 2, 2021
By Debdutta Ghosh
Economics
Citi Says Bitcoin Is At A ‘Tipping Point’ Between Going Mainstream And Speculative Implosion
The Citigroup has said that the crypto currency bitcoin is at a “tipping point” and could turn out to be the currency of choice for international trading. That helped the
Published on March 2, 2021
By Debdutta Ghosh
Business & Finance
Possible News Licensing Deals In Canada Being Contemplated By Facebook
Following the tussle with the Australian government over payment of fees to local news outlets and publishers for news content on its platform, the social media giant Facebook Inc. has
Published on February 27, 2021
By Debdutta Ghosh
Business & Finance
Work From Home Is Not The ‘New Normal’, Says Goldman Sachs Boss
Working from home or remote working should not be considered to be a a “new normal” according to Goldman Sachs boss David Solomon, who has described this phenomenon which got
Published on February 27, 2021
By Debdutta Ghosh
Business & Finance
‘Very Serious’ Chip Shortage Globally Will Affect Daily Operations For Months, Warns Porsche CEO
A “very serious” shortage of semiconductors globally could affect the daily operations over the coming months at the German luxury car maker Porsche, warned the company’s chief executive. “The semiconductor
Published on February 24, 2021
By Debdutta Ghosh
Business & Finance
Amendments To New Content Law Expected To Be Approved By Australian Lawmakers
Even though there is expected to be some opposition from some minor political parties, it is widely expected that the amendments to the landmark legislation for forcing Facebook and Alphabet’s
Published on February 24, 2021
By Debdutta Ghosh
Business & Finance
Huawei Chairman Says Its 2020 Revenue Had Grown Despite US Sanctions
The Chinese telecom equipment making giant and smartphone maker Huawei Technologies reported a small growth in its profits for the entire of 2020 which was in line with expectations of
Published on February 23, 2021
By Debdutta Ghosh
Business & Finance
Facebook To Restore Australia News After Changes In New Content Laws
After agreeing with the Australian government on some changes in the proposed new content law to be brought in the country which forces tech giants to pay for media content
Published on February 23, 2021
By Debdutta Ghosh
Business & Finance
2021 Could See Revival Of Global Dividend Payouts – Says A New Study
According to a new report, there could be as much as a 5 per cent rebound this year in the global dividend payments. This was good news for investors since
Published on February 22, 2021
By Debdutta Ghosh
Economics
Lithuania Destination Of UK Fintech Because Of Brexit
With a growing number of United Kingdom linked digital financial companies getting licenses in Lithuania so that they are able to operate within the European Union due to the complexities
Published on February 22, 2021
By Debdutta Ghosh
Economics
Musk Says Bitcoin Seems High, Says Elon Musk Says, After It Crossed $1tn In Market Value
With the crypto currency bitcoin touching new record highs again as late as last Friday, the co-founder and chief of the United States based electric car maker Tesla is of
Published on February 21, 2021
By Debdutta Ghosh
Business & Finance
People Willing To Pay Extra For Fighting Climate Change, Says Maersk Chief
There is a willingness among people to pay a little bit more for their goods if they know that the extra money will help in addressing climate change, said the
Published on February 21, 2021
By Debdutta Ghosh
