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US Regulator Accuses Google Of Violating US Labour Laws In Crackdown On Worker Organising

US Regulator Accuses Google Of Violating US Labour Laws In Crackdown On Worker Organising

Alphabet Inc's Google has been accused by the National Labor Relations Board of the United States of unlawfully monitoring and questioning several workers and then they were fired by the company for raising their voice against the policies of the company and trying to create a workers’ union at the...
China's SMIC And CNOOC To Be Added To Defense Blacklist By Trump Administration: Reuters

China's SMIC And CNOOC To Be Added To Defense Blacklist By Trump Administration: Reuters

A blacklist comprising of alleged Chinese military companies will soon have China’s top chipmaker SMIC and national offshore oil and gas producer CNOOC, claimed a report published by the news agency Reuters.    The administration of the United States president Donald Trump is poised to...
Taiwan's GlobalWafers In Advanced Stage Negotiations For Acquiring German Rival Siltronic

Taiwan's GlobalWafers In Advanced Stage Negotiations For Acquiring German Rival Siltronic

Negotiations between the German firm Siltronic and the third-largest maker of semiconductor wafers of the world GlobalWafers of Taiwan are at an advanced stage for the acquisition of the German firm by the Taiwanese firm, GlobalWafers confirmed on Monday. The Taiwanese company said that the deal is...
Japanese Airline ANA To Issue New Shares To Raise $3.2 Billion To Finance Purchase Of 787 Jets

Japanese Airline ANA To Issue New Shares To Raise $3.2 Billion To Finance Purchase Of 787 Jets

Japanese airlines ANA Holdings has decided to continue to purchase the wide bodied 787 planes from Boeing according to its pre-pandemic orders for the planes to the company even while deliveries of such planes are being deferred and delayed by many other airlines across the world in order to...
Facebook Could Launch Its Libra Crypto Currency As Early As January: FT

Facebook Could Launch Its Libra Crypto Currency As Early As January: FT

Facebook is getting all ready to launch its crypto currency Libra as soon as January next year, according to a report published in the Financial Times on Friday based on unidentified sources who are directly associated with the project.   One of the sources in the news report was quoted by...
Guilty To Criminal Charges Agreed To By OxyContin Maker Purdue Pharma

Guilty To Criminal Charges Agreed To By OxyContin Maker Purdue Pharma

In the opioid crisis case in the United States, Purdue Pharma LP pleaded guilty to criminal charges related to its efforts in handling of its addictive prescription painkiller OxyContin. This acceptance of guilt brought to an end investigation into the drug maker’s role in the crisis and a deal...
Pfizer-BioNtech Covid19 Vaccine Being Reviewed By UK Medical Regulator

Pfizer-BioNtech Covid19 Vaccine Being Reviewed By UK Medical Regulator

Data from Pfizer/BioNTech about its recently concluded clinical trials for its Covid-19 vaccine us being reviewed by the Medicines and Healthcare products Regulatory Agency’s (MHRA) of the United Kingdom, the government said, which will be used for determining whether the vaccine candidate is able...
Local Hydrogen Trains Trial Launched By Siemens And Deutsche Bahn

Local Hydrogen Trains Trial Launched By Siemens And Deutsche Bahn

Development of trains that are powered by fuel cells that have hydrogen as the fuel has been started by Siemens Mobility and Deutsche Bahn. The two companies are also developing a filling station which will be trialled in 2024. The aim of the companies is to replace diesel engines in trains in the...
Draft Anti-Monopoly Rules Of China Are 'Timely And Necessary', Said Alibaba CEO

Draft Anti-Monopoly Rules Of China Are 'Timely And Necessary', Said Alibaba CEO

The new rules that have been drafted by China and aimed at preventing market dominance and monopolistic behaviour of internet platforms and digital companies was described as being "timely and necessary" by the CEO of China’s tech giant Alibaba Group, Daniel Zhang on Monday.   The policies...
Official US President’s Account - @POTUS, To Be Handed Over To Biden By Twitter And Facebook On Jan. 20

Official US President’s Account - @POTUS, To Be Handed Over To Biden By Twitter And Facebook On Jan. 20

Control of the @POTUS account will be handed over to the Joe Biden administration by Twitter Inc and Facebook Inc on January 20 – the say that he is slated to officially take over as the president of the United States, the two social media companies have said.   The @POTUS account is...
Wish IPO prospectus reveals heavy risks tied to e-retailer’s reliance on China

Wish IPO prospectus reveals heavy risks tied to e-retailer’s reliance on China

While filing its IPO prospectus with regulators, the e-commerce marketplace Wish also gave investors enough reason to be sceptical because of the company’s overreliance on China.   A variety of discounted products, ranging from cheap home-wares and apparel to electronics and toys is offered...
Chinese Market Targeted By Luxury Carmaker Maybach

Chinese Market Targeted By Luxury Carmaker Maybach

Propped up by strong demand for China, plans of doubling up the sale of its luxury Maybach vehicles are being drawn up by carmaker Daimler.   A record number of 12,000 luxury Maybachs was sold last year by Daimler, which also owns the luxury car brand Mercedes-Benz. Maybachs’ most popular...
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World

Global Warming Causes The First 12-Month Period Above 1.5C

Global Warming Causes The First 12-Month Period Above 1.5C
According to the European Union's climate change monitoring service, the world just had its warmest January on record, making it the first 12-month period in which average temperatures were more than...

2023 Was The Second-Warmest Year Ever For The UK

2023 Was The Second-Warmest Year Ever For The UK
The national weather service of the United Kingdom, Met Office, announced that 2023 was the second-warmest year on record for Britain. This finding highlights the increasing influence of human-caused...

Fury And Dissatisfaction As The COP28 Draft Language Leaves Out The Phase-Out Of Fossil Fuels

Fury And Dissatisfaction As The COP28 Draft Language Leaves Out The Phase-Out Of Fossil Fuels
On the last day of the global conference, the proposed language for a COP28 climate agreement that does not call for the phase-out of fossil fuels has come under heavy fire from influential figures,...

Brazil Joins The Global Climate Accord To Increase Renewable Energy Usage By Three Folds

Brazil Joins The Global Climate Accord To Increase Renewable Energy Usage By Three Folds
Brazil has joined a potential agreement supported by the United Arab Emirates, the United States, and the European Union to treble the amount of renewable energy produced globally by 2030 and move...

The Rise of India and the Decarbonisation of its Economy

The Rise of India and the Decarbonisation of its Economy
Ranked 14th in the world for gas consumption in 2022, with a growing dependence on imports, India plans to further increase its use of LNG. This appetite stems from both the economic development of...

People

New Study Finds People Who Were Class Bullies Could Make Higher Incomes In Their Middle Age

New Study Finds People Who Were Class Bullies Could Make Higher Incomes In Their Middle Age
A recent study challenges the widely held belief that school bullies would eventually get their comeuppance by indicating that they are likely to end up with greater earnings. The Institute for...

In A New York Corporate Fraud Lawsuit, Trump Slapped Fines And Interest Of $454 Million

In A New York Corporate Fraud Lawsuit, Trump Slapped Fines And Interest Of $454 Million
A New York judge ruled in the former president's civil business fraud trial on Friday, ordering him to pay a total of approximately $454 million in penalties.   According to an attorney...

Survey Finds 80% Employees In Asia Face Moderate To High Risk For Mental Health Issues

Survey Finds 80% Employees In Asia Face Moderate To High Risk For Mental Health Issues
Employees in Asia are under "significant mental health strain," with 82% at moderate to high risk of being depressed.   According to a recent study by insurance broker Aon and TELUS Health,...

The Way Bankman-Fried Of FTX Obtained A $250 Mln Bail

The Way Bankman-Fried Of FTX Obtained A $250 Mln Bail
On Thursday, FTX founder Sam Bankman-Fried agreed to a bail deal that would see him released on a $250 million bond secured against his parents' property, with movement restrictions.  ...

Majority Of Elon Musk’s Twitter Followers Do Not Want Him As Twitter Chief, Shows A Musk-Conducted Pool

Majority Of Elon Musk’s Twitter Followers Do Not Want Him As Twitter Chief, Shows A Musk-Conducted Pool
Less than two months after taking over as CEO of the social media platform, Elon Musk faced backlash from Twitter users who voted in a poll for him to resign.   According to the poll the...