Debdutta Ghosh
Business & Finance
New $1 Billion Fund Created Aimed To Help Struggling Antibiotic Making Companies
All those antibiotic companies that are currently struggling with financial problems could find some solace in a new $1 billion fund that has been founded recently and one that has
Published on July 10, 2020
By Debdutta Ghosh
Business & Finance
Grocery Delivery In Latin America And Canada Launched By Uber, US Launch This Month
The business of delivery by the United States based ride hailing company Uber Technologies Inc has now been expanded into a number of several Latin American and Canadian cities where
Published on July 8, 2020
By Debdutta Ghosh
Business & Finance
Lobby Group Says US Tech Firms In India Not Yet Willing To Pay New Digital Tax
United States based technology giants operating in India are not yet ready to make the first payment of the digital tax imposed by the government that is due this week,
Published on July 8, 2020
By Debdutta Ghosh
Economics
New Offer To Creditors To Be Offered By Argentina, To Extend Negotiation Conclusion Deadline
An improved offer will be made by Argentina to its creditors while also urging them to extent the negotiations for restructuring of its debts worth about $66 billion through the
Published on July 6, 2020
By Debdutta Ghosh
World & Politics
US Navy Carriers Carry On Drills In South China Sea While Chinese Ships Watched
The South China s4a region has again drawn political attention of the world as two aircraft carriers of the United States Navy undertook exercises in the region which has see
Published on July 6, 2020
By Debdutta Ghosh
Business & Finance
More Than 7,500 Jobs To Be Axed By Air France
The impact of he novel coronavirus pandemic on the global airline industry is being reflected throughout the industry. About 7,580 jobs, or 17.5% of its current workforce is being planned
Published on July 5, 2020
By Debdutta Ghosh
Business & Finance
£400m Stake In Satellite Firm OneWeb Taken Up By UK Government
An investment of $500m (£400m) is to be made by the United Kingdom in the failed satellite firm OneWeb so that it would be possible to replace the need for
Published on July 5, 2020
By Debdutta Ghosh
Economics
A ‘Truly European’ Payments System To Rival Visa And Mastercard Being Developed By EU Banks
A “truly European” payments system is expected to be up and running in 2022, said about 16 banks from across the European Union. The aim is to forward the process
Published on July 3, 2020
By Debdutta Ghosh
Business & Finance
Tesla Becomes The Most Valuable Car Maker Of The World, Beating Toyota
A day prior to eh United States based electric car maker Tesla Inc. posted better-than-expected quarterly results, the company went past Toyota to become the most valuable car maker of
Published on July 3, 2020
By Debdutta Ghosh
World & Politics
Controversial New Security Law For Hong Kong Passed By China
The controversial national security legislation for Hong Kong was reportedly passed by China’s parliament which, according to Chinese authorities, is a necessary tool to address the issues of terrorism, subversion
Published on June 30, 2020
By Debdutta Ghosh
Business & Finance
Price Of Covid-19 Rug Remdesivir From Gilead Set At $2,340 Per Patient In US
The price for its Covid-19 fighting medicine remdesivir has been priced at $2,340 by Gilead Sciences Inc for a five-day treatment in the United States and in some of the
Published on June 30, 2020
By Debdutta Ghosh
Business & Finance
Cracks At The Heart Of Germany Inc Revealed By Wirecard’s Collapse
German business just had a particularly bad week. While an accounting scandal resulted in the collapse of one of the biggest public companies of the country, another company was a
Published on June 29, 2020
By Debdutta Ghosh
Economics
Retail Sale In Japan Continued Its Drop In May Because Of Covid-19 Restrictions
Retail sale, one of the important components of Japanese economy, dropped in the month of May in double digits, the second straight month of drop, even as consumer confidence and
Published on June 29, 2020
By Debdutta Ghosh
Business & Finance
Organizers Of Facebook Ad Boycott Campaign To Take It Global: Reuters
After being launched earlier this month, the “Stop Hate for Profit” campaign is now being taken global. Organizers of the Facebook Inc advertising boycott campaign, which has already got support
Published on June 29, 2020
By Debdutta Ghosh
Economics
Reuters Poll Indicates Slow Recovery For Global Housing Market
A majority of analysts polled by the Reuters news agency have presented a subdued outlook for the significant global housing markets and identified the biggest hurdles to the recovery in
Published on June 26, 2020
By Debdutta Ghosh
World & Politics
Review Of Its Global Force Deployment Being Done By US To Counter China, Says Mike Pompeo
In order to appropriately posture the deployment of forces, the United States is reviewing its global force deployment so that it is bale to counter the increasing threat of China’s
Published on June 26, 2020
By Debdutta Ghosh
Economics
Pandemic Induced Global Recession Worse Than Previously Thought, Says IMF
The novel coronavirus pandemic’s hit to the global economy is resulting a much steeper recession and a much slower recovery than was initially expected by the International Monetary Fund. This
Published on June 25, 2020
By Debdutta Ghosh
Business & Finance
Taiwan’s Foxconn To Make More Investments In India, Sees Favourable Outlook There
Taiwan’s Foxconn is looking to make more investments in its Indian operations and could make an announcement to that effect within the next few months, said the company’s chairman. The
Published on June 24, 2020
By Debdutta Ghosh
Business & Finance
Apple, Google, Amazon And Other Tech Giants Oppose Trump Visa Ban
The decision of the United States President Donald Trump to suspend granting of visas to a section of foreign workers aimed at boosting jobs for Americans has been opposed by
Published on June 24, 2020
By Debdutta Ghosh
Economics
Indian Startups Look To Japan Inc For Funding To Compensate For Chinese Investments
The economic impact of the novel coronavirus pandemic and the current tensions between with China is forcing startups in India to try and woo Japan Inc. for investment. While a
Published on June 23, 2020
By Debdutta Ghosh
Economics
New Survey Shows Small And Medium Businesses Hardest Hit By Pandemic
A recent survey by the International Trade Centre (ITC) released this week has warned that the lockdowns and restrictions on businesses imposed by various governments all across the world in
Published on June 23, 2020
By Debdutta Ghosh
Economics
ADB Cuts Down Growth Forecast For Developing Asia For 2020
An updated Asian Development Bank (ADB) report released recently showed that there will be almost no growth in the developing economies of Asia for 2020 because of hit to the
Published on June 23, 2020
By Debdutta Ghosh
World & Politics
‘National Security Agency’ In Hong Kong To Be Set Up By China, Says Chinese State Media
The proposed new law for Hong Kong is planned to be overseen by a “national security agency” which is planned to be set up in Hong Kong by China. The
Published on June 22, 2020
By Debdutta Ghosh
Business & Finance
Crowd-Sourced Mapping Company Mapillary Acquired By Facebook
The Swedish mapping technology company Mapillary that gathers together images contributed by tens of thousands of contributors to create immersive and up-to-date maps have been acquired by last week by
Published on June 22, 2020
By Debdutta Ghosh
Business & Finance
With Some Customers Questioning Authenticity, Global Brands Rush To Tout Their Black Heritage
In the wake of the racial-justice protests in the United States and other countries following the death of a black man allegedly because of police brutality in the US, there
Published on June 22, 2020
By Debdutta Ghosh
Business & Finance
Discount Grocers To Focus On Home Delivery As Consumer Preferences Change Due To Covid-19
Groceries in the United Kingdom, other parts of Europe and in the United States is anticipating a shift to home delivery of products beyond the end of the novel choronavirus
Published on June 20, 2020
By Debdutta Ghosh
Business & Finance
Amazon Enters Alcohol Delivery Industry In A Key India State, Could Soon Be The Norm For The Country
Amazon could soon be delivering alcohol to customers in India. The largest e-commerce platform in the world has already secured clearance to deliver alcohol in West Bengal, a state in
Published on June 20, 2020
By Debdutta Ghosh
Business & Finance
New Security Weakness Reveled In Disclosure Of Huge Spying On Users Of Google’s Chrome: Reuters
A spyware attempt that was discovered recently and one that was downloaded 32 million times through extensions to Google’s market-leading Chrome web browser reflected the failure of the tech industry
Published on June 19, 2020
By Debdutta Ghosh
Business & Finance
America’s Ride Hailing Firm Lyft Aims To Have All Electric Vehicles In Its Fleet By 2030
While announcing the all of the vehicles that will be used on its ride-hailing and rental car platform will be electric by 2030, the United States based ride hailing company
Published on June 19, 2020
By Debdutta Ghosh
Business & Finance
Coronavirus Loss Provisioning Results In US Banks’ Profits Plunging 70%
Data from a banking regulator showed that profits at banks of the United States dropped by 69.9 per cent year on year for the first quarter for the current year
Published on June 18, 2020
By Debdutta Ghosh
Economics
Worst Peace Time Recession In A Century For Global Economy Due To Pandemic, Predicts OECD
According to the most recent assessment of the Paris based think tank Organisation for Economic Cooperation and Development (OECD), the biggest peace-time downturn in a century will hit the global
Published on June 18, 2020
By Debdutta Ghosh
Business & Finance
Details Of Physical Sales Through App Store Revealed By Apple-Backed Study
The App Store of United State based tech giant Apple helped to generate sale revenues worth $458 billion last year, showed a study that was backed by the iPhone maker
Published on June 16, 2020
By Debdutta Ghosh
Science & Technology
Multiple Studies Suggest Face Mask Important In Defence Against Covid-19
A number of studies published in the last couple of months, since there has been a worldwide proliferation of the novel coronavirus pandemic, that have indicated that wearing a face
Published on June 16, 2020
By Debdutta Ghosh
Economics
Dennis The Menace And Bank Of England Join Hands For Kids Project
Children in the United Kingdom will soon get lessons about debt, spending and how prices are affected by supply and demand from Dennis the Menace. A 12-lesson course about financial
Published on June 14, 2020
By Debdutta Ghosh
Economics
Greece’s Prime Minister Said Country Is Ready To Welcome Tourists
Greece is “ready to welcome tourists” in complete safety after the coronavirus lockdown, said the Greek Prime Minister Kyriakos Mitsotakis said on Saturday. He added that the impact of the
Published on June 14, 2020
By Debdutta Ghosh
Economics
Worst Global Peacetime Recession In A Century Due To Covid-19 Predicted By OECD
The Paris based policy forum Organisation for Economic Cooperation and Development (OECD) has predicted that the global economy will contract by 6 per cent in the best-case scenario because of
Published on June 13, 2020
By Debdutta Ghosh
Business & Finance
Legal Action Launched By Airlines Against New Quarantine Policy Of UK
The British government has imposed a 14 day mandatory quarantine for all incoming air travelers. This policy has not gone down well with the airlines of the country. This has
Published on June 13, 2020
By Debdutta Ghosh
Business & Finance
Unilever Proposes End To Its Anglo-Dutch Structure, To Shift Base To Britain
With the aim of giving itself more flexibility for mergers and acquisitions amid the economic and business hit due to the novel coronavirus pandemic, Unilever has proposed to set up
Published on June 12, 2020
By Debdutta Ghosh
Economics
Ire Over Japanese PM’s $94b Reserve Fund To Combat Pandemic
Opposition law makers of Japan have labeled the $94 billion emergency fund earmarked for as relief package for Covid-19, and which can be availed without any permission from the parliament
Published on June 12, 2020
By Debdutta Ghosh
Business & Finance
One Year Moratorium On Police Use Of Its Facial Recognition Tech By Amazon
A moratorium for one year on the use of Amazon’s facial recognition technology for use by the police will be implemented, the United States based tech giant has said. The
Published on June 11, 2020
By Debdutta Ghosh
Business & Finance
Export Ban On Hydroxychloroquine, Touted As ‘Game Changer’ By Trump, Lifted By India
An export ban on hydroxychloroquine, the drug against malaria touted to be “game changer” by the United States president Donald Trump against Covid-19 pandemic, has been lifted by the Indian
Published on June 11, 2020
By Debdutta Ghosh
Business & Finance
15% Of Its Global Workforce To Be Cut By BP: Reuters
According to a report published by the news agency Reuters, about 15 per cent of its workforce will be laid off by BP because of the economic hit form the
Published on June 10, 2020
By Debdutta Ghosh
Business & Finance
Rising US-China Tensions Prompt Chinese Firms To Cancel Plans For US Listing
As tensions rise between the United States and China, the route of raising money by getting listed in the US stock exchanges is being planned to be put off by
Published on June 10, 2020
By Debdutta Ghosh
World & Politics
Cuba Follows New Zealand To Say Its Close To Eliminating Covid-19
After New Zealand, Cuba is the second country to announce that they are close to eliminating the novel coronavirus form the country. The disease caused by the novel coronavirus has
Published on June 10, 2020
By Debdutta Ghosh
Economics
U.S. Economy Had Officially Entered A Recession In February
The private economics research group that has the task of being the arbiter for estimating business cycles in the United States has said that the country’s economy has entered recession
Published on June 10, 2020
By Debdutta Ghosh
Economics
Pakistan’s Inflation Hike Was Largest In World During 2020 Due To Pandemic
The novel coronavirus pandemic outbreak across the world has upended the global economy not seen in recent history. And the Asian country of Pakistan is one that is hard hit.
Published on June 8, 2020
By Debdutta Ghosh
Economics
China’s May Exports Drop While Imports Plunge Because Of Pandemic Hit To Global Growth
The slowdown in the wider export market resulted in a drop in the exports of China for the month of May, according to official data from the second largest economy
Published on June 8, 2020
By Debdutta Ghosh
Business & Finance
HSBC And StanChart Draw Criticism Over Supporting China’s Hong Kong Security Law
The backing of imposition of China’s national security law for Hong Kong by Beijing by HSBC and Standard Chartered was severely criticized by senior British politicians. The stance taken by
Published on June 5, 2020
By Debdutta Ghosh
Economics
EU Plans To Secure Access To Promising Covid-19 Vaccines With A $2.7 Billion Fund
The European Union is set to make advance purchases of promising vaccines against the novel coronavirus cased disease Covid-19 from an emergency 2.4-billion- euro ($2.7 billion) fund, according to reports
Published on June 5, 2020
By Debdutta Ghosh
World & Politics
US Starts Process To Strip Hong Kong Of Special Status, Says Trump
The process of ending the special relationship between the United States and Hong Kong will soon be started by the administration of the United States President Donald Trump. The process
Published on May 31, 2020
By Debdutta Ghosh
