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Lifestyle

Researchers Suggest Previous Studies On Smartphone Addiction May Be Flawed

Researchers Suggest Previous Studies On Smartphone Addiction May Be Flawed
Researchers are now suggesting the there are some serious flaws in a large majority of studies and surveys that have been conducted in recent times which examines the impact on the psychological...

Myth Of Positive Health Impact Of Moderate Drinking Debunked In New Study

Myth Of Positive Health Impact Of Moderate Drinking Debunked In New Study
Earlier studies which had given rise to the notion that one or two drinks a day might protect against stroke have been negated in the results of a major genetic study which has also claimed a very...

10 Steps To Reduce Cancer Risk Suggested By Global Experts In A Cancer Prevention Report

10 Steps To Reduce Cancer Risk Suggested By Global Experts In A Cancer Prevention Report
The vital relationship between cancer diagnoses and diet, physical activity and weight were confirmed in a new study that examined the lifestyle factors that could prevent cancer. The study was...
Most Popular

New Car Factories Of Tesla 'Losing Billions Of Dollars', Says Musk

Twitter Is Testing A 2,500-Word-Limit 'Notes' Feature

Celsius Network Employs Experts To Help It Prepare For Bankruptcy

Australia's Electricity Market Suspension Will Be Lifted When Prices Fall

Barclays Agrees To Acquire Kensington Mortgage For $2.8 Billion.

Sports Apparel Maker Nike Will Exit Russian Market Completely

Following Pressure From Toyota's CEO, Japan Emphasises Its Support For Hybrid Vehicles

Harmony, A Crypto Business In The US, Was The Victim Of A $100 Million Robbery

H&M Shutters Its Flagship Shop In Shanghai, Citing Lockdowns And Consumer Reaction

G7 To Increase Penalties On Russia, Is Close To Reaching An Agreement On Oil Price Ceiling

Investors In Meme Stocks Believe Bankrupt Revlon Will Become The Next Hertz

Latest News

Investors In Meme Stocks Believe Bankrupt Revlon Will Become The Next Hertz

G7 To Increase Penalties On Russia, Is Close To Reaching An Agreement On Oil Price Ceiling

Reader's Pick

UniCredit Broadens Its Search For Buyers To Exit Russia 04/06/2022

Reasons Behind The Poor Central African Republic Adopting Bitcoin 07/06/2022

Experts Urge WHO And Governments To Take Stronger Action Against Monkeypox 28/05/2022

VW China Investment Guarantees Denied By Germany Due To Human Rights Concerns: Report 28/05/2022

Case Filed By Tesla Investor Against Firm, Musk And Company Board Over Charges Of Workplace Discrimination 17/06/2022

Latest Business News
Investors In Meme Stocks Believe Bankrupt Revlon Will Become The Next Hertz

Investors In Meme Stocks Believe Bankrupt Revlon Will Become The Next Hertz

Markets

Revlon Inc is a risky bet even for a seasoned meme stock trader like Mike Minutelli.   The 30-year-old plumber from Oxford, North Carolina, made a 350% profit last week by selling half of the shares in the US cosmetics company he purchased after it filed for bankruptcy on June 16. He believes he can make even more money by holding on to the remainder of his shares throughout the...
G7 To Increase Penalties On Russia, Is Close To Reaching An Agreement On Oil Price Ceiling

G7 To Increase Penalties On Russia, Is Close To Reaching An Agreement On Oil Price Ceiling

Markets

A senior US official said on Monday that the Group of Seven rich democracies will commit to a new package of coordinated actions on Tuesday to put pressure on Russia over its war in Ukraine, as well as finalise plans for a price restriction on Russian oil.   The revelation occurred as the White House claimed that Russia had defaulted on its foreign sovereign debts for the first time in...
H&M Shutters Its Flagship Shop In Shanghai, Citing Lockdowns And Consumer Reaction

H&M Shutters Its Flagship Shop In Shanghai, Citing Lockdowns And Consumer Reaction

Companies

H&M has closed its main Shanghai shop, the fast-fashion brand's fourth closure in China, where consumer demand has fallen due to COVID-19 lockdowns and the fast-fashion retailer has bore the brunt of a backlash against companies that refuse to use Xinjiang cotton.   Despite having opened earlier this month, the three-story skyscraper in downtown Shanghai was boarded up on Friday, with...
Celsius Network Employs Experts To Help It Prepare For Bankruptcy

Celsius Network Employs Experts To Help It Prepare For Bankruptcy

Companies

Celsius Network LLC has hired restructuring advisors from Alvarez & Marsal to assist on a prospective bankruptcy file, according to the Wall Street Journal, citing people familiar with the case.   The bitcoin lending company based in New Jersey banned withdrawals and transfers earlier this month owing to "extreme" market conditions, the latest indicator of the financial market collapse...
Harmony, A Crypto Business In The US, Was The Victim Of A $100 Million Robbery

Harmony, A Crypto Business In The US, Was The Victim Of A $100 Million Robbery

Companies

The latest in a run of cyber heists on a sector long targeted by hackers, U.S. crypto company Harmony announced on Friday that criminals took about $100 million worth of digital currency from one of its core products.   Harmony creates blockchains for decentralised finance - peer-to-peer platforms that offer loans and other services without the usual gatekeepers like banks - as well as...
Following Pressure From Toyota's CEO, Japan Emphasises Its Support For Hybrid Vehicles

Following Pressure From Toyota's CEO, Japan Emphasises Its Support For Hybrid Vehicles

Markets

Toyota Motor Corp.'s CEO pressed the Japanese government to make it clear that it backed hybrid vehicles as much as battery electrics or risk losing support from the auto sector, a top politician told a governing party conference.   The lobbying by Toyota President Akio Toyoda and Chairman of the Japan Automobile Manufacturers Association (JAMA) comes as the automaker has come under...
Barclays Agrees To Acquire Kensington Mortgage For $2.8 Billion.

Barclays Agrees To Acquire Kensington Mortgage For $2.8 Billion.

Companies

Barclays has agreed to buy specialty lender Kensington Mortgage Company for approximately 2.3 billion pounds ($2.8 billion), expanding its presence in the UK property sector.   The acquisition is one of Barclays' largest recent investments and a significant gamble on the real estate market.   Despite rising inflation, British house prices have continued to grow in recent months,...
Australia's Electricity Market Suspension Will Be Lifted When Prices Fall

Australia's Electricity Market Suspension Will Be Lifted When Prices Fall

Markets

As the country's power crisis subsides, Australia's energy market operator says it will lift its suspension of the country's major wholesale electricity market. The limitations will be lifted temporarily on Thursday until a final decision is reached.   Following a price increase, it banned trading on the site in an unusual action last week. Officials in the state of New South Wales also...
Twitter Is Testing A 2,500-Word-Limit 'Notes' Feature

Twitter Is Testing A 2,500-Word-Limit 'Notes' Feature

Companies

Twitter is testing a new feature that will allow users to share "notes" of up to 2,500 words. Normally, posts on the social media site are limited to 280 characters.   Twitter stated that the change was made in response to people using the platform to share images of longer announcements and direct followers to external newsletters. The test will last two months and will feature a small...
New Car Factories Of Tesla 'Losing Billions Of Dollars', Says Musk

New Car Factories Of Tesla 'Losing Billions Of Dollars', Says Musk

Companies

Tesla Inc's new car facilities in Texas and Berlin are "losing billions of dollars" as they struggle to raise production due to a battery shortage and China port concerns, according to Chief Executive Elon Musk in an interview published on Wednesday.   "Both Berlin and Austin factories are gigantic money furnaces right now. Okay? It's really like a giant roaring sound, which is the sound...
Sports Apparel Maker Nike Will Exit Russian Market Completely

Sports Apparel Maker Nike Will Exit Russian Market Completely

Companies

Nike, the world's largest sportswear corporation, announced its entire pullout from Russia on Thursday, three months after stopping operations there.   Nike announced on March 3 that it will temporarily close all of its Nike-owned and -operated stores in Russia in response to Moscow's activities in Ukraine, stressing that those that stayed open were run by independent partners.   It...
US Fed's Mester Says Inflation Will Not Dip Below 2% For Another Two Years

US Fed's Mester Says Inflation Will Not Dip Below 2% For Another Two Years

Markets

Loretta Mester, President of the Cleveland Federal Reserve Bank, stated that it will take two years for inflation to fall to the central bank's target of 2 per cent, adding that it will "move down" gradually from its current level.   A jump in inflation, which is at its highest level in 40 years, has turned virtually all Fed policymakers into hawks, with only one dissenting earlier this...

World

Experts Urge WHO And Governments To Take Stronger Action Against Monkeypox

Experts Urge WHO And Governments To Take Stronger Action Against Monkeypox
A huge monkeypox outbreak has expanded to at least 20 nations, prompting some notable infectious disease experts to call for speedier action from global health authorities to contain it.  ...

Many More Cases Of Monkeypox Likely To Emerge Worldwide, Expects WHO

Many More Cases Of Monkeypox Likely To Emerge Worldwide, Expects WHO
The World Health Organization expects to find more instances of monkeypox when surveillance is expanded in places where the disease is uncommon.   According to the United Nations, 92 confirmed...

The Quad-Supported Vaccine Roll-Out Will Commence In The Early Half Of The Year.

The Quad-Supported Vaccine Roll-Out Will Commence In The Early Half Of The Year.
The first batch of Covid-19 vaccinations, developed by India's Biological E as part of the Quad group of countries' commitment to providing shots around the world, will be available in the first half...

WHO Chief Tedros Discussed With Chinese Premier About Collaboration On Covid Origins

WHO Chief Tedros Discussed With Chinese Premier About Collaboration On Covid Origins
The Chief of the World Health Organization Tedros Adhanom Ghebreyesus has discussed the requirement for stronger partnership on the issue of ascertaining the origin of the Covid-19 pandemic with...

The Cashless Economy Paradox: A Renewed Reliance on Cash During COVID

The Cashless Economy Paradox: A Renewed Reliance on Cash During COVID
Despite initial predictions that the onslaught of the coronavirus would be the demise of physical money, people have turned to cash in this time of uncertainty. Historically, the amount of cash in...

People

Musk Establishes A New Model Of 21st-Century Millionaire With Twitter As His Target

Musk Establishes A New Model Of 21st-Century Millionaire With Twitter As His Target
Elon Musk, an iconoclastic billionaire with a stable of firms ranging from electric automobiles to private rocket ships, has become the world's richest person by developing a fortune firmly anchored...

Botswana Sees No Surge In Covid Hospitalizations Despite It Being, One Of The First Countries To Detect Omicron

Botswana Sees No Surge In Covid Hospitalizations Despite It Being, One Of The First Countries To Detect Omicron
Despite being one of the first nations to identify the Omicron variant of thee coronavirus, Botswana has managed to fully vaccinate 71 per cent of its 1.3 million eligible people, according to the...

Musk Conducts Poll On Twitter About Selling Or Not Selling 10% Of His Tesla Stock

Musk Conducts Poll On Twitter About Selling Or Not Selling 10% Of His Tesla Stock
Elon Musk, the chief executive of Tesla Inc, resorted to asking his 62.5 million followers on Twitter, through a poll, about whether he should sell off 10 per cent of the stocks in Tesla that he...

Covid-19 Booster Dose Of Pfizer Cleared By US FDA For Older And At-Risk Americans

Covid-19 Booster Dose Of Pfizer Cleared By US FDA For Older And At-Risk Americans
The Food and Drug Administration of the United States approved a booster dose from the Pfizer Inc and BioNTech Covid-19 vaccine for individuals 65 years and older, as well as all those who are at...

British Health Body Claims Two Shots Of Covid-19 Vaccine Effective Against India Variant

British Health Body Claims Two Shots Of Covid-19 Vaccine Effective Against India Variant
Health officials in the United Kingdom have said that the efficacy and effectiveness of a double dose of Covid-19 vaccines is almost the same for the fast spreading variant of the coronavirus that...