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Court rejects Johnson & Johnson's plan to settle talcum-related disputes for $9 billion 04/02/2025

Arctic Geopolitics and the U.S.-Russia Rivalry Over Greenland 03/29/2025

US Demands Reshape Ukraine’s Mineral Deal: 03/28/2025

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Business & Finance

Unsynchronised Global Covid-19 Travel Rules Might Delay Global Airline Recovery

Global airlines are desperate for governments to align incoherent border rules so that the global airline industry is able to avoid a relapse into recession, the International Air Transport Association (IATA), which groups 290 airlines, said, while also expressing positive sentiment about realizing...

Investor interest in Tesla falls to its lowest in 11 years

Short-sellers’ interest in Tesla has fallen to its lowest level since the company traded on the stock exchange. Investors are tired of the company's long-running growth, which was bolstered by record deliveries of electric cars last quarter. The interest of stock market participants who make money...

WSJ: Volvo could be valued at $25B at Stockholm IPO

Swedish carmaker Volvo Cars could be valued at $25bn in an initial public offering on the Stockholm Stock Exchange. Swedish automaker Volvo Cars (owned by China's Zhejiang Geely Holding Group) is preparing to announce details of its initial public offering on the Stockholm Stock Exchange on Monday,...

Shares Of Covid-19 Vaccine Makers Hit By Success Of Merck’s Covid-19 Pill

The global healthcare sector was shaken up by the successful results of clinical trial results for Merck & Co's experimental antiviral Covid19 medicine which pushed the share price of the company while bringing down the stock prices of drug makers making vaccines as well as producers of other...

28 New Unicorns Added In India So Far This Year Compared To A Total Of 38 Last Year

According to Indian industry group Nasscom, 28 new Indian unicorns were added in the first nine months of 2021, bringing the total number of unicorns in the nation to 66. At this rate, there is a possibility that the number of unicorns it had last year could be quadrupled this year....

S. Korea’s Samsung Electronics To Soon Decide On Its $17 Bln Chip Plant In Texas

Samsung Electronics Co Ltd is nearing the finalization of the building of its proposed $17 billion semiconductor plant in Williamson County, Texas, said reports quoting people with knowledge of the matter. According to the news agency Reuters, the South Korean...

Bloomberg: Solar Industry Association considers new duties by the US Department of Commerce a threat

The Solar Industry Association has called the tariff increase a "threat to the industry". According to Bloomberg, a group of US companies has warned that the duties, which the US Department of Commerce plans to impose, will hurt the industry. The Solar Energy Manufacturers Association estimates the...

Mastercard Announces Offering Of Purchase Now, Pay Later Services

Mastercard Inc. announced its entrance into the purchase now, pay later service industry on Tuesday even as this sector of the finance industry poses a threat of erosion of the dominance of credit cards as the primary method of payment. During the Covid-19 epidemic, the buy now, pay later...

UK Suspends Competition Law To Ensure Adequate Supply Of Fuel To Gas Stations

Following a recent panic purchasing by customers in the United Kingdom, the government has announced it would be suspending competition rules to allow oil companies to better target gasoline delivery at gas stations that need the fuel. Officials stated that the change will make things...

Alibaba invests in Singapore start-up Ninja Van

Alibaba has invested in Ninja Van, a logistics company operating in Asia. New funding round could lift the startup's valuation well above $1bn. Alibaba has invested in Singapore-based logistics startup Ninja Van. The company said in a statement that it raised $578 million in Series E funding, with...