The Bank of England announced a joint working group with the Treasury to examine the feasibility of issuing a UK central bank digital currency (CBDC). The Bank of England notes that CBDC "will be a new form of digital money issued by the Bank of England for use by households and businesses. It will...

The growing popularity of the new cryptocurrency ChiaCoin could lead to a shortage of hard drives around the world, analysts forecast. Users in China have started to buy hard drives and SDD-drives in droves, with discs measuring 4 terabytes to 18 terabytes being the most popular, according to the...

The recent changes in rules in Japan for improving transparency of corporates and protect the interest of minority shareholders will be tested by the possible bid for Japanese conglomerate Toshiba Corp as well as the corporate governance at a company that has been hit by scandals in recent...

Australia’s competition regulator has said that the United States based search engine giant Alphabet Inc's Google had misled a section of consumers about the collection of their personal location data through their Android devices as found by the country’s federal court.   It is seeking...

The Taiwan based semiconductor making company Taiwan Semiconductor Manufacturing Co Ltd (TSMC) said that the tight supplies of chips will likely continue into next year but it is doing all it can to enhance its productivity and take all measures to reduce the global chip shortage.   Its...

The British food delivery firm Deliveroo cited the more than doubling of its orders during the first quarter when the Covid-19 lockdowns was in force was the initial step for proving itself after the debacle that it encountered during its last month’s public listing in London.   “We have a...

The British low cost airline easyJet effectively shrugged off concerns about the hit to air travel because of a potential third wave of Covid-19 infections in continental Europe – the possibility of which has dampened the hopes of a rebound in the travel industry this summer, as the airline said...

Apple wants the Securities and Exchange Commission (SEC) of the United States to make it mandatory for companies to disclose emissions made during their business processes including those that is generated from their "value chain," said a Tweet from Lisa Jackson, Vice President of Apple.  ...

Singapore-based taxi aggregator Grab, popular in Asia, officially announced preliminary parameters for its initial public offering in the US, which was previously only known with reference to media sources. Grab said the offering will take place over the next several months on the NASDAQ exchange,...