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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...
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Salesforce Aims To Connect Companies Via Slack Following $27.7 Bln Deal,

Elon Musk Says Tesla 'Most Likely' To Restart Accepting Bitcoin For Car Purchases

New Study Finds Digital Assets Expected To Be Bought By Most Institutional Investors

Tesla Wants Indian Government To Sharply Reduce Import Taxes On EVs

GM And Cruise Approaches To Stop Ford Using 'Bluecruise' Name For Hands-Free Driving

Indian Startup Zomato's Stellar Stock Market Debut Sets Up Stage For Other Indian Tech Listings

ADB Downgrades Economic Growth Of Developing Asia For 2021 To 7.2%

Twitter Comfortably Beats Q2 Revenue Targets With New Ad Targeting Strategy

Intel Reports Estimate Beating Quarter But Forecast Lower Current Quarter Margins

Armani Stages Strong Bounce Back From Pandemic Hit In H1 With 34% Jump In Sale

Latest News

Armani Stages Strong Bounce Back From Pandemic Hit In H1 With 34% Jump In Sale

Indian Startup Zomato's Stellar Stock Market Debut Sets Up Stage For Other Indian Tech Listings

Reader's Pick

Credit Suisse Discussing A New Look Or Even Merger For Fear Of Predators - Reports 06/27/2021

Link Between Covid Infections And Death Weakened By Vaccines In UK, Says Scientist 06/28/2021

Important Rule On Dangerous Individuals Lost By Facebook For 3 Yrs 07/09/2021

Record London Direct Listing Values Wise At $11 Billion 07/08/2021

Corporate Bond Sale Helps Lufthansa Raise $1.2 Billion 07/08/2021

Latest Business News
Armani Stages Strong Bounce Back From Pandemic Hit In H1 With 34% Jump In Sale

Armani Stages Strong Bounce Back From Pandemic Hit In H1 With 34% Jump In Sale

Companies

A surge in sales in China and the United States helped the Italian fashion group Giorgio Armani to report a 34 per cent jump in sales for the first half of 2021 as the company strongly bounced back from the pandemic hit to its business.   The brand however said that a complete recovery for the pandemic hit could take as long as next year.    "The goal is to return to...
Indian Startup Zomato's Stellar Stock Market Debut Sets Up Stage For Other Indian Tech Listings

Indian Startup Zomato's Stellar Stock Market Debut Sets Up Stage For Other Indian Tech Listings

Companies

There was a massive 65.8 per cent surge in the stocks of the Indian food delivery firm Zomato Ltd in its stock market debut on Friday which set the value of the company at 988.49 billion rupees ($13.28 billion) while also and setting up the stage for other domestic Indian startups to plan their own listings.   Zomato, about 13 years old, is amongst the first generation of big home grown...
GM And Cruise Approaches To Stop Ford Using 'Bluecruise' Name For Hands-Free Driving

GM And Cruise Approaches To Stop Ford Using 'Bluecruise' Name For Hands-Free Driving

Companies

A federal court in the United States has been approached by General Motors Co and its Cruise robo-taxi subsidiary to stop the use of the name "BlueCruise" by Ford Motor Co in its marketing campaign for its hands-free driving technology.   This was stated by GM on Saturday.   The use of the BlueCruise name by Ford had infringed on GM's Super Cruise and other GM trademarks that the...
Tesla Wants Indian Government To Sharply Reduce Import Taxes On EVs

Tesla Wants Indian Government To Sharply Reduce Import Taxes On EVs

Companies

Tesla wrote off a letter to Indian minister requesting a big reduction in import duties on electric vehicles into the country, claimed reports citing sources with knowledge of the matter, which was followed by a tweet from Tesla’s Chief Executive Elon Musk stating that the company was likely to set up a factory in India if it first finds success with selling its vehicles in the country by...
Intel Reports Estimate Beating Quarter But Forecast Lower Current Quarter Margins

Intel Reports Estimate Beating Quarter But Forecast Lower Current Quarter Margins

Companies

Despite reporting revenue and earnings per share that comfortably neat its own estimates as well as estimates of Wall Street, United States based chip maker Intel’s shares dropped 2 per cent as investors accorded more importance to the cautionary guidance on margins in the current quarter provided by the company’s CEO Pat Gelsinger, who presented his second earnings report at the helm of the...
Twitter Comfortably Beats Q2 Revenue Targets With New Ad Targeting Strategy

Twitter Comfortably Beats Q2 Revenue Targets With New Ad Targeting Strategy

Companies

The ad targeting improvements for helping brands to reach potential customers rolled out during the second quarter helped the social media platform Twitter Inc to beat revenue estimates of the Wall Street for the quarter.    The results pushed Twitter’s shares up by 5 per cent.    One of the focus areas of Twitter since the beginning of the year has been to roll out...
Elon Musk Says Tesla 'Most Likely' To Restart Accepting Bitcoin For Car Purchases

Elon Musk Says Tesla 'Most Likely' To Restart Accepting Bitcoin For Car Purchases

Companies

United States based electric car maker Tesla will conduct due diligence to make an assessment of the amount of renewable energy that would be used to mine bitcoin and then will most likely restart accepting the cryptocurrency as payment for its cars, said  the company’s Chief Executive Officer Elon Musk at a conference.   After dropping to less than $30,000 last week, bitcoin surged...
Salesforce Aims To Connect Companies Via Slack Following $27.7 Bln Deal,

Salesforce Aims To Connect Companies Via Slack Following $27.7 Bln Deal,

Companies

The $27.7 billion acquisition of Slack Technologies Inc by business software maker Salesforce.com has now been closed, the company said on Wednesday,   The basis of the acquisition is Salesforce’s belief that the workplace app of Slack will gain popularity fast and be extensively used for collaborations within and between companies.   The deal was cleared this week by United States...
New Study Finds Digital Assets Expected To Be Bought By Most Institutional Investors

New Study Finds Digital Assets Expected To Be Bought By Most Institutional Investors

Markets

A study by Fidelity's cryptocurrency business revealed that despite price volatility of digital assets remains the main barrier for new entrants, 70 per cent of the institutional investors expect to make some invests in or buy digital assets in the future.   Digital asset investment was already present with more than half of the 1,100 institutional investors globally that were surveyed...
ADB Downgrades Economic Growth Of Developing Asia For 2021 To 7.2%

ADB Downgrades Economic Growth Of Developing Asia For 2021 To 7.2%

Markets

The resurgence of Covid-19 infections in some countries in Asia prompted the Manila-based Asian Development Bank to bring down its economic growth projections for developing Asia slightly compared to its previous estimates for this year.     There was an economic recovery underway in "developing Asia", the ADB said referring to the 46 members of the bank which included China and...
J&J Thinking Of Offloading Its Talc Liabilities Into Bankruptcy

J&J Thinking Of Offloading Its Talc Liabilities Into Bankruptcy

Companies

Johnson & Johnson has been reported to be planning to shift the liabilities originating from hundreds of litigations related to its Baby Powder onto a newly created business which would then seek bankruptcy protection, said claimed reports quoting information from people familiar with the issue.   Reports quoting sources claimed that information about the plans of bankruptcy by J&J...
Cloud-Based Call Center Operator Five9 To Be Purchased By Zoom In A Deal Worth $15 Bln Deal

Cloud-Based Call Center Operator Five9 To Be Purchased By Zoom In A Deal Worth $15 Bln Deal

M&A

Zoom Video Communications Inc is set to acquire cloud-based call center operator Five9 Inc in an all-stock deal worth $14.7 billion which is the largest ever acquisition by the video conferencing company amid increasing competition in the videoconferencing sector, the core business area of Zoom.   Since the Covid-19 pandemic hit the world early last year and people have been forced to stay...

World

EU’s Attempt Of An Infrastructure Plan To Rival China's 'Belt And Road' Boosted By G7 Support

EU’s Attempt Of An Infrastructure Plan To Rival China's 'Belt And Road' Boosted By G7 Support
Following deals with India and Japan and support from the Group of Seven richest democracies, foreign ministers of the European Union have agreed on the launch of a global infrastructure plan seeking...

Biden Revokes Trump Ban On Tiktok, Wechat But Orders New Review

Biden Revokes Trump Ban On Tiktok, Wechat But Orders New Review
A series of Trump-era executive orders aimed at China were withdrawn by US President Joe Biden. Those executive orders that were passed by the former President Donald Trump were aimed at banning new...

Increased Likelihood Of Mild To Moderate Symptoms From Mix And Match Covid-19 Vaccine, Finds A New Study

Increased Likelihood Of Mild To Moderate Symptoms From Mix And Match Covid-19 Vaccine, Finds A New Study
A study in the United Kingdom to understand the effect on people of having two doses of two different Covid-19 vaccines found greater likelihood of reporting of mild to moderate symptoms for mix and...

Following Tit-For-Tat Sanctions, Ratification Of EU-China Trade Deal ‘Suspended’

Following Tit-For-Tat Sanctions, Ratification Of EU-China Trade Deal ‘Suspended’
Following tit-for-tat sanctions that were imposed kin March over the China’s treatment of its Uyghur population, the efforts to ratify a massive investment deal between China and the European Union...

Recovery Plans and Major Infrastructure Projects: Drawing Inspiration from France?

Recovery Plans and Major Infrastructure Projects: Drawing Inspiration from France?
The disastrous economic consequences of the COVID-19 pandemic and the subsequent national lockdowns have put unprecedented pressure on governments across the globe. Kickstarting economies through...

People

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...

US Restarts Use Of J&J Covid-19 Vaccine After A 10-Day Pause

US Restarts Use Of J&J Covid-19 Vaccine After A 10-Day Pause
The United States ended its 10-day pause for the use of the cxovid-19 vaccine from Johnson & Johnson and the country can now use the vaccine immediately.   The usage was halted to...

The Most Common Side Effects After Receiving Covid-19 Vaccine Listed By America’s CDC

The Most Common Side Effects After Receiving Covid-19 Vaccine Listed By America’s CDC
Data about the most common side effects reported by Americans after taking shots of the Covid-19 vaccine from Pfizer or Moderna was released by the United States’ Centers for Disease Control and...

Covid-19 School Closures Make More Children Vulnerable To Trafficking, Says UN Report

Covid-19 School Closures Make More Children Vulnerable To Trafficking, Says UN Report
According to a report prepared by the United Nations, children are being targeted at an increasingly greater extent all across the world and traffickers will likely take advantage of the Coid-19...

Pandemic Conspiracies About Him Surprises Bill Gates

Pandemic Conspiracies About Him Surprises Bill Gates
The volume of "crazy" and "evil" conspiracy theories about him that were being spread all across social media during the Covid-19 pandemic about the Microsoft co-founder turned philanthropist Bill...

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