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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

Global Covid-19 Vaccine Supply Deal Made By GSK And Sanofi

Coca-Cola Q3 Results Beat Estimates With Sales Getting Better From Pandemic Lows

In-App Purchases And Cloud Hosting Services To Be Offered By WhatsApp

US Biotech Firm Asklepios Bio To Be Acquired By Bayer For Up To $4 Bln

Mercedes Depends On Evolution In Contrast To Tesla’s Revolution In Self-Driving Cars

A Dedicated 'Eco-Friendly' Shopping Platform Launched In Europe By Amazon

Boom In Home Fitness Trend To Be Tapped By Fitness Equipment Maker Technogym

Its Vaccine Deal With Oxford Allow It To App 20% Manufacturing Costs, Says AstraZeneca

Gas Riches And Reconciliation In Middle East Eyed By Chevron For Future Expansion

Worst Ever Quarter For The Aerospace Industry Due To Pandemic

Japan PM Pledges Carbon Neutrality By 2050

737 Max Grounding And Covid-19 Woes Forces Boeing To Deepen Job Cuts

Latest News

Heavy Restructuring Charge Forces Q3 Loss For Airbus, Sets Quarterly Cash Goal

China’s Ant Group Reduces Support For Overseas Fintech Firms As Change In Strategy

Reader's Pick

China's Biggest Chipmaker Is Potentially The Next Target Of The US 10/05/2020

Micron Unsure About US License For Selling Chip To Huawei., Sales To Be Hit 09/30/2020

Huawei Planning To Sell Parts Of Its Honor Smartphone Business: Reports 10/16/2020

Global Covid-19 Vaccine Supply Deal Made By GSK And Sanofi 10/28/2020

Medicines Delivery Service Launched By Uber Eats In South Africa 10/16/2020

Latest Business News
Heavy Restructuring Charge Forces Q3 Loss For Airbus, Sets Quarterly Cash Goal

Heavy Restructuring Charge Forces Q3 Loss For Airbus, Sets Quarterly Cash Goal

Companies

Ever since the novel coronavirus pandemic begun in March and the global aviation industry was instantly severely hit, the first glimpse of how the European airplane maker Airbus will perform in the future was given by the company as it said on Thursday that it expected to reach cash breakeven in the fourth quarter. The company also said that it had managed the bleeding of cash during the third...
China’s Ant Group Reduces Support For Overseas Fintech Firms As Change In Strategy

China’s Ant Group Reduces Support For Overseas Fintech Firms As Change In Strategy

Companies

With its new strategy of moving away from its earlier ambitions of becoming a global payments leader, China's Ant Group Co Ltd has been cutting down on funding and staff support to a number of the e-wallet firms overseas in which it had invested, claimed reports quoting sources with knowledge of the matter.    In late 2019, a change at the helm and a reworking of priorities as it...
Mercedes Depends On Evolution In Contrast To Tesla’s Revolution In Self-Driving Cars

Mercedes Depends On Evolution In Contrast To Tesla’s Revolution In Self-Driving Cars

Companies

German luxury car maker Mercedes-Benz claimed that it has developed a self driving system similar to the new Full Self Driving software being touted by Tesla to be of a cutting-edge nature, but has not mentioned anything about allowing members of the public to use the technology on public roads.   A step-by-step approach to releasing new technology in self driving is being taken by the...
A Dedicated 'Eco-Friendly' Shopping Platform Launched In Europe By Amazon

A Dedicated 'Eco-Friendly' Shopping Platform Launched In Europe By Amazon

Companies

In order to better guide consumers in the United Kingdom and other European countries to look for household products that have sustainable credentials, a completely new and dedicated “eco-friendly” shopping platform has been launched by Amazon.   In order to help consumers pick products on their environmental merits, certificates from schemes such as Fairtrade International and the Carbon...
737 Max Grounding And Covid-19 Woes Forces Boeing To Deepen Job Cuts

737 Max Grounding And Covid-19 Woes Forces Boeing To Deepen Job Cuts

Companies

The coronavirus pandemic and 737 MAX grounding continued to hammer sales at Boeing Co propelling the company to report its fourth straight quarterly loss on Wednesday. The company however reaffirmed its expectations that it would be able to resume US deliveries of the 737 Max planes before the year end.   The company announced in July a very significant rate of reduction in production...
Global Covid-19 Vaccine Supply Deal Made By GSK And Sanofi

Global Covid-19 Vaccine Supply Deal Made By GSK And Sanofi

Companies

About 200 million doses of their coronavirus vaccine candidate will be supplied to a global inoculation scheme by drug making giants GSK and Sanofi.   Currently, the first stage of testing is being undertaken by the two companies' vaccine.   With deaths of more than 1.16 million people globally, there is yet no internationally approved treatment for Covid-19.   Because of...
Worst Ever Quarter For The Aerospace Industry Due To Pandemic

Worst Ever Quarter For The Aerospace Industry Due To Pandemic

Markets

With record low orders for new aircraft because of the collapse in travel caused by the coronavirus pandemic, the worst quarter ever on record was experienced by the global aerospace industry.   According to the aerospace and defence lobby group ADS, only 13 orders in July and August were received by aircraft manufacturers.  Companies saw no new orders in September. In comparison,...
Strong Demand Forces Ant Group To Pre-Close Institutional Book Of Its Hong Kong IPO

Strong Demand Forces Ant Group To Pre-Close Institutional Book Of Its Hong Kong IPO

Companies

Strong demand is prompting China’s Ant Group to prematurely close institutional order books for the Hong Kong part of its record breaking dual IPO, said reports quoting sources with knowledge of the matter.    The company has decided to close the institutional book of the $17.2 billion Hong Kong listing a day ahead of its scheduled closure on Thursday, said sources.   Within...
Asian Business And Slower Loan Losses Help HSBC Beat Q3 Profit Estimates

Asian Business And Slower Loan Losses Help HSBC Beat Q3 Profit Estimates

Companies

Resilient performance from its Asian operations and with less money set aside to address issues of bad loans helped lender HSBC to report better-than-expected profit in the third quarter.   Previously, the biggest bank of Europe in terms of assets had said that it could set aside as much as $13 billion to offset future loan losses for the entire year of 2020 primarily because of dampening...
US Biotech Firm Asklepios Bio To Be Acquired By Bayer For Up To $4 Bln

US Biotech Firm Asklepios Bio To Be Acquired By Bayer For Up To $4 Bln

Companies

Agreement to acquire the United States based biotech firm Asklepios BioPharmaceutical Inc for a deal which could be worth as much as $4 billion was reached by Bayer with the former company hoping to take advantage of the former’s expertise on gene therapy with the help of modified viruses.   Bayer said on Monday that it would be paying $2 billion upfront and up to $2 billion more as...
Gas Riches And Reconciliation In Middle East Eyed By Chevron For Future Expansion

Gas Riches And Reconciliation In Middle East Eyed By Chevron For Future Expansion

Companies

The United States based energy firm Chevron Corp is now focusing on its natural gas future tied to the Middle East which is a volatile and divided region which has posed any challenges to energy companies. Previously the company was focused on shale production in the US.    An assumption that the Middle East is entering an era of reconciliation which will make the region an ideal one...
Its Vaccine Deal With Oxford Allow It To App 20% Manufacturing Costs, Says AstraZeneca

Its Vaccine Deal With Oxford Allow It To App 20% Manufacturing Costs, Says AstraZeneca

Companies

The British drug maker AstraZeneca Plc said that it has the leeway to be able to add up to 20 per cent of manufacturing costs for its vaccine against the novel coronavirus under its deal with the Oxford University. The company said that this addition of costs will help it to provide some cover for the additional costs that it will have to bear in the process of developing and manufacturing the...

World

Japan PM Pledges Carbon Neutrality By 2050

Japan PM Pledges Carbon Neutrality By 2050
Japan, the third largest economy of the world, will become carbon neutral by 2050, said the country’s prime minister, Yoshihide Suga. This is the latest efforts of the Japanese government at tackling...

UK Set To Cancel Extradition Treaty With Hong Kong, Says British Newspapers

UK Set To Cancel Extradition Treaty With Hong Kong, Says British Newspapers
Taking its dispute and tensions with China a step further, the UK government decided to suspend an extradition treaty that its it had with Hong Kong because of the imposition of the new controversial...

Virus Pandemic Forces Japanese Government To Declare Emergency For Tokyo, Osaka

Virus Pandemic Forces Japanese Government To Declare Emergency For Tokyo, Osaka
Japanese Prime Minister Shinzo Abe declared a declared a state of emergency in Tokyo and its surrounding regions over the growing threat of the coronavirus pandemic and warned that capacity...

Study Warns Of Second Waves Of Covid-19 Due To Early Lifting Of Lockdowns

Study Warns Of Second Waves Of Covid-19 Due To Early Lifting Of Lockdowns
According to researchers, a second wave of infection of the coronavirus could be delayed in China by extending the closures of school and work at the ground zero of the pandemic. Researchers also...

Japan's Abe Hints At Postponement Of Coronavirus

Japan's Abe Hints At Postponement Of Coronavirus
It there is a possibility that the Summer Olympic Games in Tokyo could get delayed or get postponed because of the coronavirus pandemic ravaging the world, said the Japanese Prime Minister Shinzo Abe...

People

More Than 1,200 Ventilators Donated To California By Tesla CEO Elon Musk

More Than 1,200 Ventilators Donated To California By Tesla CEO Elon Musk
Even though he had initially been skeptical of the coronavirus pandemic, Tesla chief executive office Elon Musk has since helped the authorities in California to acquire much needed medical supplies...

Teenage Climate Activist Greta Thunberg Wants Ot Trademark Her Name

Teenage Climate Activist Greta Thunberg Wants Ot Trademark Her Name
Teenage Swedish climate activist Greta Thunberg is looking to trademark her own name as well as that of her movement as she says that the names are being misused by ‘impostors’ and marketers. This...

Jeff Bezos' Phone Hacking Allegedly By Saudi Hackers Needs To Be Investigated, Says The UN

Jeff Bezos' Phone Hacking Allegedly By Saudi Hackers Needs To Be Investigated, Says The UN
Reports of the alleged use of a WhatsApp account belonging to Saudi Crown Prince Mohammed bin Salman for delivering a malware to the mobile phone of Amazon CEO Jeff Bezos has made experts at the...

Facebook's Zuckerberg Will Focus On Long Term Goals Instead Of Annual Ones

Facebook's Zuckerberg Will Focus On Long Term Goals Instead Of Annual Ones
No more annual targets for Facebook Inc Chief Executive Officer Mark Zuckerberg. The co-founder of the largest social media company of the world said on Thursday that he would no longer focus on the...

Japanese Prosecutors Want To Arrest Ghosn’s Wife To Rein In The Former Nissan Boss

Japanese Prosecutors Want To Arrest Ghosn’s Wife To Rein In The Former Nissan Boss
An arrest warrant on charges of alleged perjury was issued against the wife of Carlos Ghosn by Japanese prosecutors on Tuesday in an effort of the prosecutors to bring back Ghosn into Japan and make...

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