Tesla Opens Battery Manufacturing Factory In Canada
Tesla opened a factory to produce battery manufacturing equipment in the Canadian city of Markham, Ontario, the city said on…
Category: World
SolarWind Investors Sues Software Directors
SolarWinds Corp investors have sued the software company’s directors, alleging they knew about and failed to monitor cybersecurity risks to…
U.K. House Prices Gain for a Fourth Month, Halifax Says
A shortage of homes for sale and a buoyant labor market are expected to underpin the U.K. housing market as…
Apple Employs Former Tesla Engineer To Boost Car Development Effort
Apple has hired a former engineer from Tesla Inc to boost its car-development efforts, Bloomberg News reported on Friday, citing…
U.S. Senate Introduce Bill To Limit Big Tech Mergers
Two U.S. senators have introduced bipartisan legislation that seeks to make it harder for Amazon.com and other tech giants to…
Gold Jumps 1% As Fed Signals Patience On Rate Hikes, BoE Holds Fire
Gold prices jumped 1% on Thursday after the Federal Reserve indicated it would be patient on raising interest rates and…
British House Prices Jump 0.9% In October
British house prices rose for a fourth month running in October in the latest sign of strong momentum in the…
Polish E-Commerce Group Agrees To Buy Czech Online Retail Store
Polish e-commerce group Allegro has agreed to buy Czech online retailer Mall Group for 881 million euros ($1.02 billion) to…
Blue Origin Lawsuit Against NASA Got Rejected By Federal Judge
A federal judge on Thursday rejected a lawsuit by Jeff Bezos’ space company Blue Origin against the U.S. government over…
Uber Reported First Operating Profit As Driver Shortage Eases
Uber Technologies on Thursday reported its first profitable quarter on an adjusted basis since it launched more than a decade…
Apple To End Mask Mandate In Some US Retail Stores
Apple will remove its mask mandate for customers at many U.S. retail stores from Friday as COVID-19 cases decline. More…
Chip Shortage Is Hitting Hardware Development: Nintendo
Japan’s Nintendo Co Ltd said on Friday that a global chip shortage which forced the firm to scale back expectations…
Australia’s High Court Refuse Johnson & Johnson Appeal
Australia’s High Court on Friday refused to hear an appeal that Johnson & Johnson sought to overturn a federal court…
Chinese Markets Dragged On Asian Shares While Dollar Stands Tall
Chinese markets dragged on Asian shares on Friday as they failed to latch on to a global record-setting rally after…
Facebook Test For Creator Of Facebook Group To Earn On Exclusive Access
Facebook is testing ways for creators to make money through Facebook Groups, such as users paying fees for exclusive access…
German Industrial Production Fall By 1.1 Percent Unexpectedly
German industrial production unexpectedly fell in September, official data showed on Friday, as supply bottlenecks for raw and preliminary materials…
Alphabet Invest $1 Billion In CME Group
Alphabet, Google has invested $1 billion in CME Group and has struck a separate deal to move the futures exchange operator’s…
United Kingdom Became The First Country To Approve Anti-Covid Pill
Britain on Thursday approved the use of Merck’s antiviral pill to treat patients suffering from mild to moderate coronavirus infections,…
Qualcomm Diversification Effort For Chip Portfolio Pay Off
Qualcomm Inc on Wednesday forecast better-than-expected profits and revenue for its current quarter on soaring demand for chips used in phones,…
Square Shareholders Approves Issuance Of New Shares
Square Inc shareholders have approved the issuance of new shares for the U.S. company’s $29 billion purchase of Afterpay Ltd,…
Facebook Respond To Privacy Concern, To Shut Down Facial Recognition
Scandal-hit Facebook is shutting down its long-criticized facial recognition system and deleting scan data on a billion people, it said…
Microsoft Announces Mesh For Microsoft Teams
Microsoft is launching Mesh for Microsoft Teams , a service that combines the AR/VR capabilities of Microsoft Mesh which allows…
Mark Zuckerberg Commented As Jay-Z Joins Instagram For The First Time
American rapper and music executive, Shawn Corey Carter, known professionally as Jay-Z, has joined one of the popular social media…
Swiss Bank “Credit Suisse” Gain Got Hit By Major Litigation Charge
Credit Suisse has beaten analyst estimates for the third quarter, but took a hit from charges settling allegations of corruption…
Tencent Launch Three Own Made Chips
Tencent on Wednesday launched three chips it developed, marking the first time the Chinese internet giant has publicly spoken about…
U.S Tech Giant “Google” Amended Its Payment Policy For The First Time
Alphabet’s Google said on Thursday it plans to allow third-party payment systems in South Korea to comply with a new…
Indian Fintech “Paytm” Allocates $1.11 Billion Shares To Over 100 Investors
Ant Group-backed fintech firm Paytm said it has allocated shares worth 82.35 billion rupees ($1.11 billion) to more than 100…
Lenovo Report 65 Percent Profit in Q2
China’s Lenovo Group, the world’s biggest maker of personal computers, said that a global chip shortage remained a challenge even…
Nigerian Navy Sign Contract To Purchase Offshore Patrol Vessels
The Nigerian Navy yesterday signed a contract with a Turkish company, Messrs Dearsan Shipyard Limited for the purchase of 2…
Acceptance Of £20 And £50 Old Notes To End By December 31st: Deposit Money Banks
Deposit Money Banks in Nigeria have issued a deadline of December 31, 2021 for the acceptance of old £20 and…