China's largest internet company Alibaba's ban on the sale of cryptocurrency mining equipment on its platform comes into force on Friday. As of Friday, Alibaba will impose fines and, depending on the seriousness of the violation, restrict activities on the platform, up to account blocking, for...

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...

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...

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,...

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...

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....

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...

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 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...