World news

Biden Eyes Long-Term Gain Over Short-Term Pain From Drilling Freeze

President Joe Biden’s order to halt new oil and gas leasing on federal land will have a rippling effect on the industry but it is part of his la...

AstraZeneca (LON: AZN) tries to clear the air over vaccine shortage...

  British-Swedish multinational pharmaceutical major AstraZeneca PLC (LON: AZN) seems to be mired in difficulties from all sides. On one side, t...

Can Ant Group revive its history-making IPO?

Last year, retail investors got a jolt when Chinese regulatory authorities abruptly suspended the much-awaited Ant Group's IPO, which was expected to...

Why are Dalian iron futures following a downward trend?

As President Xi Jinping declared in September that China intends to go carbon-neutral by 2060, the country's steel industry will play a vital role. Th...

GameStop shares continue haunting short sellers

GameStop shares rose significantly in the after-hours trading in the US on Tuesday. A market frenzy has broken in the US markets yet again, similar to...

Tech Titans Shine Despite Pandemic, Post Excellent Quarterly Results

Mega tech players including Google's parent company Alphabet, Facebook and Microsoft have been ruling the technology and digital space for years. The...

SpaceX Launches Rideshare Mission with Record Number of Satellites

California-based SpaceX has set a world record for the largest number of satellites launched into space in a single mission. Calling it a “Small...

Biden beefs up travel restrictions in wake of new virus strains

United States President Joe Biden is planning to impose a travel ban on most of the non-US citizens entering the country from select places where new...

Death of Loon Project, Google’s Bold Internet-For-All Bet

ns for futuristic applications.     Alphabet’s Loon balloons have shown how human ingenuity can help solve our complex problems...

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,...

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...

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...