World news

Merck (NYSE: MRK) terminates Covid-19 vaccine development programme 

New Jersey-headquartered pharmaceutical giant Merck and Co. Inc (NYSE: MRK) said on Monday, 25 January, that it has terminated its Covid-19 (SARS-CoV-...

China dethrones US as the highest FDI recipient in 2020

According to an UNCTAD report released in January 2021, China was able to secure Foreign Direct Investment worth US$163 billion in the previous year,...

Sydney Airport Tightened Screening Process as New Case Found in NZ

Sydney is again on the tight spot as the Sydney Airport has increased its passenger screening protocols. Recently the state of New South Wales celebra...

Fire at serum institute, will this impact vaccine rollout?

On 21 January 2021, at least five construction workers lost their lives in a massive fire at the world's biggest vaccine manufacturer’s site in...

Iconic Talk Show Host Larry King Dies At 87

Larry King, the iconic American talk show host and journalist, who charmed millions with his TV and radio programs, breathed his last on January 23, 2...

Investors Gung-Ho on Electric Vehicle Start-up Rivian

The electric vehicle space has been revving up lately, on account of growing support from consumer, industry, and government for the transition to cle...

Prisa (BME: PRS) shares skyrocket 21% as Vivendi (EPA: VIV) agrees t...

Shares of Madrid-headquartered media conglomerate Prisa, Promotora de Informaciones, SA, (BME: PRS), skyrocketed more than 21...

EU car sales report worst-ever decline 2020, thanks to the COVID-19...

Despite moving into the new year, the pandemic-related challenges continue to affect the world economy with no quick-fix in sight at the moment. 2020...

How will Biden's Presidency impact the US energy industry?

Shutterstock Image Joe Biden sworn in as the 46th U.S. president on Wednesday evening, just seven days after Donald Trump's allies declined to acknow...

Google to disable search in Australia if media code becomes legal

As per the latest update on Australia's proposed media code for imposing charges on tech giants Facebook and Google towards displaying local media fee...

Kiwi Chris Liddell withdraws from race to head OECD after landing in...

Expat New Zealander Chris Liddell backed out of the race to head the Organisation for Economic Co-operation and Development (OECD). Lidell, who was a...

Biden signs order for US to rejoin Paris climate accord

Hours after taking oath as the President of the United States on Wednesday, Joe Biden announced that the US will rejoin the Paris climate agreement. I...

Trump a no-show as Biden swears in as US president

Democrat Joe Biden was sworn in as the 46th President of the United States on Wednesday, taking over reins from outgoing President Donald Trump. Biden...

GM & Cruise Partner with Microsoft for Self-Driving Vehicles

General Motors is once again hitting the headlines after it announced a partnership with Microsoft. In a public announcement Tuesday, GMC and Cruise L...

Alibaba (NYSE:BABA) Stocks Surge As Jack Ma Resurfaces After 3 Month...

Chinese business magnate Jack Ma finally reappeared in the public eye on Wednesday, January 19, after months of speculation about him missing since sl...

WHO Chief cautions over inequality amid global COVID-19 vaccine roll...

The head of the World Health Organization (WHO), Tedros Adhanom Ghebreyesus, has blasted the unequal worldwide distribution of COVID-19 vaccine. He st...

FCA-PSA Merger Stellantis Makes A Splash On Stock Market Debut

Fiat Chrysler Automobiles (FCA) and Groupe PSA have agreed to merge and form Stellantis, the fourth-largest automobile company by volume in the world....

Trump admin greenlights Land Swap for Resolution Copper Project

Trump administration is on a mining approval spree and the latest to reap benefit is the Resolution Copper project in the state of Arizona. The outgoi...

Trump administration halts supplies to Huawei, says Reuters

The Trump administration has informed Huawei suppliers and Intel that is cancelling some permits to sell to the Chinese firm. It further aims to rejec...

Growing Safety Concerns around Pfizer-BioNTech’s Vaccine; here’s wha...

The COVID-19 vaccine, jointly developed by Pfizer Inc (NYSE:PFE) and BioNTech SE’s (Nasdaq:BNTX), has come under the spotlight with doubts being...