World News

GlobalFoundries, STMicro to build new US$5.7 Bn French chip factory

 GlobalFoundries, STMicro to build new US$5.7 Bn French chip factory

Chipmakers GlobalFoundries (Nasdaq: GFS) and STMicroelectronics announce a new factory in France.

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US Stocks End the Week on Positive Note

US Stocks End the Week on Positive Note

Source: Piyato, Shutterstock US markets edged higher on Friday, March 26, 2021, to close the week on a positive note as investors hedged their bets on economy-linked stocks such as energy, real estate, healthcare, consumer cyclical, and financial st...

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EU could block vaccine export amid a shortage of AstraZeneca’s COVID-19 shots

EU could block vaccine export amid a shortage of AstraZeneca’s COVID-19 shots

Source: Juan Roballo, Shutterstock Summary With vaccination programs in Britain and the US moving far ahead, EU leaders have warned to block the vaccine supply. The EU stated that AstraZeneca intends to deliver just 100 million out of 300 mill...

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Why Nike and H&M are facing backlash in China

Why Nike and H&M are facing backlash in China

> Chinese celebrities are also disassociating themselves from these brands.  In a fresh incident of re-emergence of tussle between China and Western countries, fashion brands H&M and Nike are facing a boycott in China. H&M and Nik...

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Tracing Tesla's Trajectory: How it Fared in Last 5 Months?

Tracing Tesla's Trajectory: How it Fared in Last 5 Months?

  • March 25, 2021 10:57 PM PDT
  • Damini

Source:  canadianPhotographer56, SHutterstock Summary Tesla’s stock has delivered an impressive return of over 50 per cent in the past five months. The Company has achieved several significant milestones over the recent months. The...

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Here’s Why Cboe Global Markets is Acquiring Chi-X Asia Pacific

Here’s Why Cboe Global Markets is Acquiring Chi-X Asia Pacific

Source: Who is Danny Shutterstock Summary Cboe Global Markets has reached a deal to acquire Chi-X Asia Pacific Holdings, which has core operations in Australia and Japan. The acquisition will accelerate Cboe's global expansion plans. ...

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US Stocks End Higher Amid Jobs Data, Mixed Global Cues

US Stocks End Higher Amid Jobs Data, Mixed Global Cues

Source:Ronnie Chua , Shutterstock Summary US unemployment rate fell to 6.2 percent in February after 379,000 people joined workforce. Chinese social media users blast Nike, H&M over comments on Uyghurs in Xinjiang. Chinese listed companie...

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Are Upcoming EV fleets An Answer To Rising Carbon Emissions?

Are Upcoming EV fleets An Answer To Rising Carbon Emissions?

Source: AVC Photo Studio, SHutterstock Of late, there have been increasing talks on the need for the shift to energy-efficient appliances, improvement in fuel efficiency, and usage of electric vehicles, amid increasing concerns on climate change. E...

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Canada backs AstraZeneca’s COVID-19 vaccine but includes coagulation warning

Canada backs AstraZeneca’s COVID-19 vaccine but includes coagulation warning

Source:rafapress, Shutterstock Summary Health Canada confirmed AstraZeneca’s COVID-19 vaccine safety and stated that it had not obtained any reports citing thrombosis so far. The health department to add a warning indication to the vacci...

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Disney nets 146 million paid subscribers in Q4

Disney nets 146 million paid subscribers in Q4

Source: Marko Aliaksandr, Shutterstock Summary The Walt Disney company revealed its December quarter results with Disney+ subscriptions being the major source of revenue during the quarter. The company reported that the total paid subscri...

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Technical Overview of Global Tech Giants- Microsoft Corporation and IBM

Technical Overview of Global Tech Giants- Microsoft Corporation and IBM

Microsoft Corporation (NASDAQ: MSFT) has witnessed a sharp rally from the low of USD 212.03 on 15 January 2021 and made a new lifetime high of USD 245.07 (as on 03 February 2021), a gain of ~15.50 percent in this short span. Microsoft Corp. Shoots...

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