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World news
COVID-19: What’s the buzz around fourth booster jab?
March 15, 2022 10:23 AM GMT| By Akanksha VashishtHighlights Pfizer CEO Albert Bourla stated that a fourth COVID-19 booster dose would be necessary to curtail the spread of infections. In the US, individuals will need a third primary shot that will have to be administered at least 28 day.....
Ukraine-Russia war: Is the world at the cusp of nuclear catastrophe?
March 11, 2022 01:09 PM GMT| By Nitish KumarThe Russia-Ukraine war has started the debate over the likelihood of Russia using its nuclear arsenal. Russia, boasting one of the world’s largest stockpiles of nuclear weapons, is capable of launching them from air, water and land. On the ot.....
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US stocks slip after CPI tops 7.9% YoY; AMZN, CRWD rise
March 10, 2022 10:44 PM GMT| By Versha JainBenchmark US indices retreated from the previous day’s gains to close lower on Thursday, March 10, after US inflation touched another 40-year high in February, fuelled by higher energy costs. The Labor Department said the consumer price index...
Moderna boosts vaccine development, soon to start recruitment drive
March 10, 2022 06:04 AM GMT| By SamtaHighlights Spikevax’s Moderna has boosted its vaccine development in Australia. The company expects to launch a local manufacturing plant by the end of 2024. It will soon start its recruitment drive to ensure enough talent.&n.....
Uniqlo to keep its stores open in Russia amid turmoil
March 08, 2022 05:01 AM GMT| By Aditi SahaHighlights Uniqlo, a Japanese clothing manufacturer, will continue to operate in Russia amid turmoil. Since Putin invaded Ukraine, big corporations, ranging from Disney to Apple, have exited the Russian market. There have been appeals for a bo.....
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Australian cricket legend Shane Warne dies aged 52
March 04, 2022 04:13 PM GMT| By Daniel Paul JohnsCricket legend Shane Warne has died at the age of 52, his manager James Erskine said in a statement early on Saturday. The former test leg spinner was found unresponsive in his vila in Thailand after a suspected heart attack, Erskine said. Warne i.....
Plastic pollution: UN makes 'historic' move toward global pact
March 04, 2022 05:47 AM GMT| By Aditi SahaHighlights UN is all set to develop the world's first plastic pollution treaty, hailed as the most crucial multilateral climate agreement since the historic 2015 Paris treaty. World leaders have agreed to develop a treaty to deal with the issue.....
US stocks wobble as commodity prices hit 14-year high, KR, BBY surge
March 03, 2022 10:46 PM GMT| By Versha JainUS stocks closed lower on Thursday, March 3, after commodity prices hit a 14-year high amid Black Sea curbs and the unfolding humanitarian crisis unleashed by the Russia-Ukraine war. Oil prices jumped to US$116 a barrel in intraday trading, the high...
Why did Russia invade Ukraine?
March 03, 2022 05:11 PM GMT| By Sundeep RadeshOn February 24, Russia began a military invasion into Ukraine. While it was not surprising it was shocking, given the relative peace Europe had been in for nearly a century. But how did we get here? To get to the bottom of that, let’s backtra.....
Russian billionaire loses mega yacht ‘Dilbar’ on Ukraine invasion
March 03, 2022 09:02 AM GMT| By Khushboo JoshiHighlights German authorities have seized a Russian billionaire owned superyacht. The superyacht – Dilbar, was custom built in more than 52 months and is the world’s largest yacht valued at around US$600 million. The US is ta.....
US indices retreat as Russia bombs Ukraine; TGT, ACI stocks rally
March 01, 2022 10:24 PM GMT| By Versha JainWall Street’s major indices fell sharply on Tuesday, March 1, after Russia intensified bombings in Ukraine, raising the spectre of a violent attack as the world watched the events in horror. Oil prices climbed again above the US$100 per barrel...
Australia floods: Received 6,700 claims, early to gauge financial hit, says IAG
March 01, 2022 01:04 AM GMT| By AshishHighlights Insurance Australia Group has said that it had received nearly 6,700 claims related to floods-hitting south-east Queensland and northern New South Wales. On Monday, another major Australian insurance major Suncorp said that it had re.....
What happened at Beijing Olympics 2022?
March 01, 2022 12:54 AM GMT| By Toshiva JainThe winter sports gala that began on February 4 ended on February 20. This year the Winter Olympics took place in Beijing, China. In the midst of the Olympics, several athletes and coaches had complained about the food, training equipment and harsh.....
Energy giant BP exits Russian Rosneft grieved by Ukraine invasion
February 28, 2022 04:29 AM GMT| By Sukriti NairHighlights British energy giant BP to exit from Russian Rosneft in response to Russian attacks on Ukraine. BP believes the Russian exit is in best long-term interest of all its shareholders. BP’s exit puts the spotlight on other Western .....
US stocks rally on Russia’s openness for Ukraine talks; SQ, ETSY climb
February 25, 2022 11:55 PM GMT| By Versha JainBenchmark US indices rallied for the second-consecutive day on Friday, February 25, after Russia agreed to high-level talks with Ukraine the day after the military raids began. The S&P 500 surged 2.24% to 4,384.65. The Dow Jones climbed 2.51% to...
Portugal’s EDP Renewables to make Singapore its APAC clean energy hub
February 25, 2022 08:37 AM GMT| By Sukriti NairHighlights Portugal’s EDP Renewables invests SG$1.1 billion in Singapore’s Sunseap. EDPR looks forward to making Singapore its APAC region clean energy hub. EDPR and Sunseap to reap synergy benefits of Singapore Green Plan 2030. .....
Here’s why Ukraine is so important for Russia and the West
February 24, 2022 06:35 AM GMT| By Sukriti NairHighlights Russia will begin military operations in Eastern Ukraine, announced President Putin today Europe and West would bear the brunt of Putin’s move as supplies from Russia and Ukraine might get impacted. Russia-Ukraine crisis can p.....
Russia declares war on Ukraine: How Biden & other world leaders are reacting
February 24, 2022 05:19 AM GMT| By Khushboo JoshiIn a significant development, Russian President Vladimir Putin today (February 24) announced a ‘special military operation’ in Ukraine. Putin has also warned other nations that if they try to interfere with this Russian activity, it wou.....
Russia announces ‘military operation’ in Ukraine, warns West
February 24, 2022 04:09 AM GMT| By Bhawna GuptaRussia will begin military operations in Eastern Ukraine, according to Russian President Vladimir Putin, in what appears to be the final build-up to an attack that the US and its European allies have been trying to avoid for weeks through diplomati.....
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US indices fall sharply on Ukraine crisis, TSLA, AMZN among top losers
February 23, 2022 11:06 PM GMT| By Versha JainBenchmark US indices retreated for the second-consecutive day on Wednesday, February 23, after Ukraine declared a state of emergency and asked citizens to immediately leave the territory as a Russian military offensive on Kiev was ‘imminent&rsq...
