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Project Based Waiver From Iran Sanctions From Trump Sought By French Oil Giant Total

Project Based Waiver From Iran Sanctions From Trump Sought By French Oil Giant Total

Demanding a waiver from the sanctions on Iran that United States President Donald Trump reimposed last week, a threat of pulling out of a $2 billion natural gas project in Iran was issued on Wednesday by the French oil giant Total.   The company is seeking protection from indirect impacts of...
Following Closure Announcement, Kellogg Cereal Factory Seized By Govt. In Venezuela

Following Closure Announcement, Kellogg Cereal Factory Seized By Govt. In Venezuela

A plant that is owned by American cereal manufacturer Kellogg has been seized by the authorities of Venezuela.   This move by the government was apparently undertaken after the American company announced that it would end its operations in Venezuela and would be moving out of the market...
Low Cost Tablet Planned By Microsoft To Compete With iPad: Reports

Low Cost Tablet Planned By Microsoft To Compete With iPad: Reports

According to media reports, a line of lower-cost Surface tablets is being planned to be brought into the market segment that is dominated by Apple ‘s iPad, by Microsoft Corp. The devices would be cheaper than the Apple products and hence rival them.   This has bene attempted by Microsoft...
Drug-Makers Extorted By Other Countries, Hence High U.S. Drug Costs: Trump

Drug-Makers Extorted By Other Countries, Hence High U.S. Drug Costs: Trump

Foreign government were accused of extracting "unreasonably low prices" from pharmaceutical firms by United States President Donald Trump.   Trump has directed is top negotiators that this issue be made a focus in trade talks.   "It is time to end the global freeloading once and for...
Profit Of Apple In March 2018 Quarter More Than Total Lifetime Profits Of Amazon

Profit Of Apple In March 2018 Quarter More Than Total Lifetime Profits Of Amazon

Profit is the single and the most important word that can explain the decision of investing in Apple and Amazon made by Warren Buffett in recent times.   While comparing the two investments, Buffett last week rued at his decision in not putting in money in Amazon shares while revealing his...
Rare U.S. Safe-Passage Deal Granted To Volkswagen CEO

Rare U.S. Safe-Passage Deal Granted To Volkswagen CEO

A rare safe-passage deal was granted to Volkswagen’s old chief executive officer by the United States not long after authorities there had filed sealed charges against him.   According to media reports, Herbert Diess was allowed to move about freely anywhere in the world without having...
$7.15 Billion To Be Paid To Starbucks By Nestle For The Former’s Bagged Coffee Business

$7.15 Billion To Be Paid To Starbucks By Nestle For The Former’s Bagged Coffee Business

Nestle has bagged a premium brand to its global business by obtaining the rights to sell and market Walmart’s products around the world. The Swiss-based food company will pay the U.S. coffee chain $7.15 billion in cash for this deal.   The deal was announced on Monday. The business for which...
Struggling To Manufacture Model 3 Cars, Record Loss Of $170 Million Posted By Tesla

Struggling To Manufacture Model 3 Cars, Record Loss Of $170 Million Posted By Tesla

While still struggling to churn out the large numbers of Model 3 electric vehicles, Tesla has expended $745.3m in cash and reported a record $709.6m net loss in the first quarter.   Questions have been raised about the ability of the company to be pay its bills by early next year without...
U.S. Brings Criminal Charges On Ex-Volkswagen CEO Winterkorn On The Diesel Emission Scandal

U.S. Brings Criminal Charges On Ex-Volkswagen CEO Winterkorn On The Diesel Emission Scandal

The former Volkswagen AG Chief Executive Martin Winterkorn has been accused of conspiracy of covering up of the German automaker’s diesel emissions cheating by the U.S. Justice Department on Thursday which has filed criminal charges against him.   Days after the revelation of the diesel...
Q1 Profits For RBS Trebles Because Of Decreasing Costs

Q1 Profits For RBS Trebles Because Of Decreasing Costs

The Royal Bank of Scotland reported an increase in profits for the first three months of the current fiscal year at £792 million in comparison to the £259 million in profits made by the bank for the same period last year.   A reduction in conduct and litigation costs, and a reduction the...
Despite Crackdown, Counterfeit Products Galore At Amazon: Guardian

Despite Crackdown, Counterfeit Products Galore At Amazon: Guardian

An investigation by the British news paper the Guardian has revealed that potentially dangerous counterfeits and other knockoff goods are abounding Amazon.com despite the company attempting for years to crackdown on mis-selling on its platform.   A very large range of business - from TV...
Just Before Talks, Trade Tensions Between U.S-China Renewed By Huawei Investigation

Just Before Talks, Trade Tensions Between U.S-China Renewed By Huawei Investigation

Even as a couple of senior officials of Donald Trump administration are all set to go to Beijing to talk issues on trade, tensions over trade between the United States answer China were renewed following news of a broad U.S. investigation on Huawei Technologies Co. related to potential...
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World

WHO Faces Major Budget Cuts: The Impact on Global Health

WHO Faces Major Budget Cuts: The Impact on Global Health
The World Health Organization (WHO) is bracing for significant financial cuts, signaling a major shift in global health governance. A proposed 21% reduction in its budget is expected to reshape its...

UK Detects First Case of Bird Flu in a Sheep, Stoking Fears of Spread

UK Detects First Case of Bird Flu in a Sheep, Stoking Fears of Spread
In an unprecedented development, UK authorities have confirmed the first-ever case of bird flu (H5N1) in a sheep. The case was detected in northern England, where routine monitoring of farmed...

2024: A Year Marked By Escalating Climate Extremes

2024: A Year Marked By Escalating Climate Extremes
In 2024, the global community faced unprecedented climate challenges, with human-induced climate change significantly intensifying extreme weather events. A comprehensive analysis by World Weather...

First Severe Human Bird Flu Case In U.S. Highlights Growing Health Concerns; Emergency Declared

First Severe Human Bird Flu Case In U.S. Highlights Growing Health Concerns; Emergency Declared
The United States has reported its first severe human case of bird flu in 2024, involving a Louisiana resident who is hospitalized in critical condition. This marks a significant shift in the ongoing...

Methane Emissions From Tropical Wetlands: A Growing Threat To Global Climate Goals

Methane Emissions From Tropical Wetlands: A Growing Threat To Global Climate Goals
Tropical wetlands, long known for their ability to absorb vast amounts of carbon, are now emerging as a major contributor to methane emissions, significantly complicating global efforts to tackle...

People

When Allies Turned Adversaries: The Dramatic Implosion of the Trump–Musk Alliance

When Allies Turned Adversaries: The Dramatic Implosion of the Trump–Musk Alliance
The alliance between former President Donald Trump and tech magnate Elon Musk—once hailed as an unlikely marriage of populist politics and Silicon Valley ambition—crumbled in a matter of days this...

Trump Declines Further Debates As Harris Emerges As Debate Winner In Polls

Trump Declines Further Debates As Harris Emerges As Debate Winner In Polls
Republican nominee and former U.S. President Donald Trump announced on Thursday that he would not participate in a third presidential debate against his Democratic rival, Vice President Kamala...

Kamala Harris Targets GOP Economic Criticism With New Policy Proposals

Kamala Harris Targets GOP Economic Criticism With New Policy Proposals
Vice President Kamala Harris on Friday presented a comprehensive economic policy agenda aimed at countering criticisms from Republicans and addressing key middle-class concerns. Speaking in Raleigh,...

Musk Gives To An Organisation That Supports Trump's Election: Bloomberg

Musk Gives To An Organisation That Supports Trump's Election: Bloomberg
According to a Bloomberg story quoting sources, billionaire Elon Musk, who has been criticising US President Joe Biden more and more, has contributed to a political organisation that aims to elect...

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...