
Iris Barker
World & Politics
Henley & Partners: number of overseas trips remains low
International mobility remains extremely difficult, according to a new passport ranking by consultancy Henley & Partners.
Published on July 5, 2021
By Iris Barker
Business & Finance
Wall Street banks make over $650M on IPOs in a week
Last week was the most active week for initial public offerings on US exchanges since 2004. 14 firms earned at least $100m each and Wall Street banks earned $650m onโฆ
Published on July 5, 2021
By Iris Barker
World & Politics
European capitals to compete for ‘green crown’
According to Jamie Dimon, CEO of the US investment bank JPMorgan Chase, quoted by CNBC, leading European towns, particularly Paris and London, would be contending for the title of environmentalโฆ
Published on July 4, 2021
By Iris Barker
Business & Finance
Tesla sidesteps one of the world economy’s biggest problems
Electric car maker Tesla was able to double its sales in spring 2021 compared to the same period a year earlier and sidestep one of the world economy's biggest problems,โฆ
Published on July 4, 2021
By Iris Barker
Business & Finance
Top-selling cigarette brand owner to buy nicotine gum maker
Philip Morris, which owns the Marlboro cigarette brand, has agreed to buy nicotine gum maker Fertin Pharma for $813m. The deal should help one of the tobacco market's biggest playersโฆ
Published on July 1, 2021
By Iris Barker
Science & Technology
Nissan to invest ยฃ1bn in UK electric car battery plant
Japanese carmaker Nissan has announced the start of construction of the UK's largest battery factory for electric vehicles in Sunderland.
Published on July 1, 2021
By Iris Barker
Science & Technology
Study: Hackers stole over $100M from blockchain systems in Q1
Hackers stole $108.3 million in the first quarter of 2021 from users of various blockchain projects around the world, according to research from Atlas VPN, an information security company.
Published on July 1, 2021
By Iris Barker
Economics
Microchip shortage leads to nearly 20% drop in car production in Japan
A shortage of microchips resulted in a sharp drop in car production in Japan and a significant drop in industrial production in the country as a whole.
Published on July 1, 2021
By Iris Barker
Business & Finance
China’s Didi expects market cap of $67B at its IPO in New York
Chinese holding company Xiaoju Kuaizhi, which owns taxi service Didi, held a quick roadshow ahead of Wednesday's IPO on the New York Stock Exchange. According to its results, the companyโฆ
Published on June 29, 2021
By Iris Barker
Economics
Bloomberg: Saudi Aramco may raise oil prices for Asia
Saudi Arabia's state-owned oil and gas company Saudi Aramco could raise August oil prices for Asian buyers, according to Bloombergโs survey.
Published on June 29, 2021
By Iris Barker
Economics
Australia initiates WTO dispute with China over wine duties
Australia asked the World Trade Organisation (WTO) to start consultations with China over China's anti-dumping duties on Australian bottled wine, the WTO press office said.
Published on June 28, 2021
By Iris Barker
Business & Finance
Glencore to buy partners’ stakes in world’s biggest coal mine
Switzerland's Glencore has accepted an offer from partners in the world's largest Colombian coal mine, Cerrejon, to buy out their stake in the venture. Thus, the company will own 100%โฆ
Published on June 28, 2021
By Iris Barker
Management
Musk’s fortune grows by $10bn in a week
The fortune of Elon Musk increased by almost $10bn last week as shares in the Tesla carmaker surged. The company's stock surged after the Biden administration agreed an infrastructure upgradeโฆ
Published on June 27, 2021
By Iris Barker
World & Politics
Spain allows to walk around without masks
The Spanish authorities have allowed their citizens to walk outdoors without medical masks due to a reduction in new cases of the coronavirus infection. This was reported by The Localโฆ
Published on June 27, 2021
By Iris Barker
Business & Finance
“LinkedIn for Doctors” doubles its market capitalisation during IPO
Doximity, known as the contact network for healthcare professionals, pumped its market value in its first trading day on the stock exchange. The company raised about $500mln during its IPOโฆ
Published on June 24, 2021
By Iris Barker
Business & Finance
Visa buys Swedish fintech startup Tink for โฌ1.8B
Visa has announced the purchase of Swedish fintech platform Tink. The deal will be valued at โฌ1.8bn.
Published on June 24, 2021
By Iris Barker
Business & Finance
Bank for International Settlements: Private cryptocurrencies are dangerous for state currencies
The Bank for International Settlements (BIS) said it fully supports the efforts of nations around the world to develop central bank digital currencies and the need to modernise financial systems,โฆ
Published on June 23, 2021
By Iris Barker
Business & Finance
Tesla’s Chinese rival expects to raise up to $2B in Hong Kong IPO
Chinese electric car maker Xpeng Motors, whose shares are traded in the US, has received approval of its IPO bid on the Hong Kong Stock Exchange. It plans to raiseโฆ
Published on June 23, 2021
By Iris Barker
Business & Finance
Amazon continues to be the most expensive brand in the world
One of the world's largest online retailers, Amazon, has retained its title as the most expensive brand, up 64% year-on-year to $683.8 billion, according to a Kantar BrandZ study.
Published on June 22, 2021
By Iris Barker
Business & Finance
PayPal, Visa to invest in blockchain fund
International payment service PayPal and Visa Inc. one of the world's two largest bank card companies, are investing in a $300 million Crypto VC blockchain fund, Coindesk reported, citing confirmationโฆ
Published on June 22, 2021
By Iris Barker
World & Politics
No more than 10,000 spectators are allowed to the Tokyo Olympics
Spectators will still be allowed to the stands during this year's Tokyo Olympics.
Published on June 21, 2021
By Iris Barker
World & Politics
Ireland calls for compromise on flat corporate tax
Ireland, where Apple and Google have their European offices, has called for a compromise on a flat tax rate for international corporations.
Published on June 20, 2021
By Iris Barker
Economics
Australia to complain to WTO over China’s tariffs
Australia will file a complaint with the World Trade Organisation (WTO) to launch a dispute resolution process with China over its imposition of anti-dumping duties on Australian wine, Australian Tradeโฆ
Published on June 20, 2021
By Iris Barker
Business & Finance
Cost of COVID-19 vaccine developer drops 50% after failed trial
German pharma company CureVac lost more than half its market value after its coronavirus vaccine showed only 47% efficacy. The company's development was previously backed by Elon Musk.
Published on June 17, 2021
By Iris Barker
Economics
US Fed gets ready for high inflation
The US Federal Reserve (Fed) left its key rate at 0-0.25% p.a. at the end of the June meeting. The regulator also refrained from any changes to asset purchases, butโฆ
Published on June 17, 2021
By Iris Barker
Economics
US IPO stock market results break 2020 record
Initial public offerings (IPOs) show no signs of going down. In over than 6 months to the end of 2021, US IPOs have already reached $171bn, up $3bn from lastโฆ
Published on June 16, 2021
By Iris Barker
Business & Finance
WSJ: Apple planned to enter the primary care market
Apple has been working on a subscription-based primary health care system since 2016, The Wall Street Journal reports, citing documents and sources.
Published on June 16, 2021
By Iris Barker
Business & Finance
France fines IKEA $1.2m for spying on employees
A court in France has ordered IKEA to pay a $1.2m fine for spying on its employees. The world's largest furniture retailer has been found guilty of improperly collecting andโฆ
Published on June 15, 2021
By Iris Barker
Business & Finance
Ex-wife of Amazon CEO donates $2.7 billion to various organisations
Mackenzie Scott, the ex-wife of the world's richest man in the world Jeff Bezos, has announced her decision to donate nearly $2.74 billion to 286 organisations.
Published on June 15, 2021
By Iris Barker
World & Politics
Philips recalls 4 million ventilators due to cancer risk
Philips, a Dutch company, has announced a recall of a number of its breathing devices, ventilators and sleep apnoea (temporary respiratory arrest) machines.
Published on June 14, 2021
By Iris Barker
Business & Finance
Reuters: Shell sets to sell $10bn worth of oil fields in the US
The British-Dutch company Royal Dutch Shell is considering selling its assets in the Permian Basin, the largest oil-bearing basin in the US, located in the states of Texas and Newโฆ
Published on June 14, 2021
By Iris Barker
Economics
Conflict over oil extraction erupts in Norway
Norway, which positions itself as a progressive and environmentally friendly country, is Western Europe's largest producer of oil and gas. The electric car capital of the world (per capita) producesโฆ
Published on June 13, 2021
By Iris Barker
World & Politics
Global investors call on G7 countries to become greener
The world's largest investment companies have written to their leaders to accelerate reductions in greenhouse gas emissions. Higher commitments would also make national economies more attractive for investment, they said.
Published on June 13, 2021
By Iris Barker
Economics
GDP in G20 region is back to pre-crisis levels
GDP of the G20 region returned to its pre-pandemic level in the first quarter of 2021, according to the Organisation for Economic Co-operation and Development (OECD).
Published on June 10, 2021
By Iris Barker
World & Politics
Thousands of people take to the streets in Greece to protest against possible four-day workweek
Greece's major trade unions went on strike, leading to a halt in public transport. The reason was the forthcoming labour reform to move to a flexible schedule with a four-dayโฆ
Published on June 10, 2021
By Iris Barker
Science & Technology
Technology companies are thinking about introducing holograms into everyday work
IT companies, including Microsoft, Google and WeWork, have been busy creating technology to enable the use of holograms in everyday communication. This could help employers who are gradually bringing employeesโฆ
Published on June 9, 2021
By Iris Barker
World & Politics
El Salvador becomes the first country in the world to recognise bitcoin as national currency
El Salvador's congress overwhelmingly approved a bill introduced by the president to recognise bitcoin as an official currency. The small Central American country thus became the first in the worldโฆ
Published on June 9, 2021
By Iris Barker
Economics
World Bank expects record post-recession growth
The World Bank (WB) expects the global economy to grow by 5.6% in 2021. This will be the highest rate in 80 years since the recession.
Published on June 8, 2021
By Iris Barker
Business & Finance
China stages crackdown on private education industry
Chinese authorities have staged a collapse of the multi-billion-dollar online education industry. The bans have affected major companies that have created a private tutoring "empire" in the country over severalโฆ
Published on June 8, 2021
By Iris Barker
Business & Finance
Guardian: G7’s historic corporate tax agreement has a huge gap
There is a huge gap in the G7 countries' historic agreement to collect higher taxes from the world's biggest companies.
Published on June 7, 2021
By Iris Barker
World & Politics
Johnson calls on G7 leaders to vaccinate the world by the end of 2022
Prime Minister Boris Johnson has decided to call on G7 leaders - Canada, France, Germany, Italy, Japan and the United States - to vaccinate the entire world against the coronavirusโฆ
Published on June 6, 2021
By Iris Barker
Business & Finance
Manchester United fans will be able to buy a voting stake in the club
Manchester United owners will allow fans to buy shares in the football team with the same voting rights as they do. This is needed to "appease the anger" of fansโฆ
Published on June 6, 2021
By Iris Barker
Science & Technology
Trains in Germany to switch to wind and solar energy
German trains are to be completely switched to renewable energy sources. The emissions from Germany's rail system will be kept to a minimum by 2038, Deutsche Welle (DW) writes.
Published on June 3, 2021
By Iris Barker
Business & Finance
Major meat producer resumes factory operations after cyberattack
Major meat producer JBS said it has fully restored all factory operations following the cyber-attack.
Published on June 3, 2021
By Iris Barker
Economics
Microchips shortage enriches chip makers
Revenues for the world's top 10 chipmakers rose at a record high in the first quarter of 2021 amid a global shortage of such products, according to a study byโฆ
Published on June 2, 2021
By Iris Barker
Economics
Analyst: Oil prices are about to reach the peak
The oil market is in the final phase of its growth cycle and prices could soon peak, said Norbert Rรผcker, head of Next Generation futures research at Swiss bank Juliusโฆ
Published on June 2, 2021
By Iris Barker
Business & Finance
Permission to have three children in China pushes up local baby products manufacturers
Shares in Chinese children's goods manufacturers have risen sharply after the authorities allowed families to have three children, rather than a maximum of two as before. The authorities changed theโฆ
Published on June 1, 2021
By Iris Barker
Business & Finance
Krispy Kreme gives away over 1.5 million donuts to vaccinated Americans
Krispy Kreme has handed out more than 1.5 million donuts in two months as part of a promotion for vaccinated visitors. The company promised all vaccinated guests one free doughnutโฆ
Published on June 1, 2021
By Iris Barker
World & Politics
Australian Qantas offers unlimited flights for vaccinated passengers
Qantas airlines have offered vaccinated passengers unlimited flights for a year for the whole family and other bonuses. Australian businesses are concerned that the sluggish pace of vaccination could undermineโฆ
Published on May 31, 2021
By Iris Barker
Economics
UN: COVID-19 hit tourism industry hardest
Tourism and related businesses have been hit hardest by the pandemic.
Published on May 31, 2021
By Iris Barker