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It Is ‘Reasonable’ To Expect Pandemic Is Towards Its End Stage, Says Moderna CEO

It is now “reasonable” to consider that the world could be close to the final stages of the Covid-19 pandemic, said Moderna’s CEO Stephane Bancel.   “I think that is a reasonable scenario,” he told CNBC’s “Squawk Box Asia” when asked about views that the Covid-19 pandemic may now be in its...

Louis Vuitton To Raise Product Price This Week In The Wake Of Rising Costs

Starting on Wednesday, the worldwide fashion brand Louis Vuitton, which is owned by the LVMH group, will raise the price of its products in stores and online platforms around the world. According to reports citing a spokeswoman for the French luxury goods firm in China, the company's decision was...

2021 Was One Of The Best Years For Singapore’s DBS Bank, Says CEO

DBS Group, Singapore's largest lender, recorded a record full-year profit in 2021, and CEO Piyush Gupta told CNBC that it was "one of the best years" he'd ever seen.   “That has been a solid year, perhaps one of the best years I’ve seen in a long time. And that includes a very robust growth...

Google Analytics’ Operations Risks Breach Of EU’s Data Privacy Regulations, Says French Watchdog

According to France's watchdog CNIL, Google Analytics, arguably the most popular and widely used web analytics program in the world that has been built by Alphabet's Google, carries the risk of allowing intelligence services of the United States to gain access to data...

Ford Planning To Restart Manufacturing Evs In India After Exiting The Market A Few Months Ago

Ford Motor Co announced on Friday that it is contemplating developing electric vehicles (EVs) in India for export and potentially for also selling them in the domestic market, just months after the company chose to discontinue selling and manufacturing automobiles in the nation.   Ford's...

Both Coca-Cola And PepsiCo Caution Hit To Profits Because Of Inflation

Coca-Cola and PepsiCo, the largest cola-making companies of the world, have cautioned that a steady rise in expenses will put pressure on their profits this year, despite both the companies exceeding sales estimates due to healthy demand and price hikes.   Aluminum cans,...

Twitter Ad Revenue And User Growth Estimates Lower Than Estimates While Revenue Forecast Slow Down

On Thursday, Twitter Inc revealed lower-than-expected quarterly advertising income and user growth, as well as revenue forecasts that fell short of Wall Street projections, signaling that the company's recovery strategy has yet to yield results.   Nonetheless, the social networking site...

Additional Alibaba ADS Registration Not Related To Any Future Deal, Says SoftBank

A representative for SoftBank Group Corp said on Wednesday that Alibaba's recent registration of new American Depository Shares is unrelated to any specific potential deal.   "The registration of the ADR conversion facility (F6 filing, which was filed by Alibaba), including its size, is not...

BP’s Q4 Profits Highest In Eight Years, Boosts Zero Emission Plans

Rising gas and oil prices helped oil and gas giant BP to report its highest level of profits in eight years for 2021 even while the company expanded its share repurchase program and hastened efforts to reduce emissions by increasing investment in low-carbon energy.   After suffering a big...

Collapse Of Sale of Arm Hits SoftBank’s Q4 Profit By 97%

The failure of an $80 billion agreement to sell chip designer Arm as well as a 97 per cent decrease in its quarterly earnings was reported by Japan’s investment conglomerate SoftBank Group Corp on Tuesday. This performance piled up more pressure on the conglomerate to improve its slumping stock....

The Case Of Bulgarian Cocaine Traffickers Has Credit Suisse As An Accused For Money Laundering

Credit Suisse faces accusations in a Swiss court for allegedly allowing a Bulgarian cocaine trafficking ring to launder millions of euros, some of which were hidden in luggage.   Prosecutors believe that between 2004 and 2008, the country's second-largest bank and one of its former...

Rival Surveillance Firm Of Pegasus Inventor NSO Group Has Also Been Assisting Governments In Hacking Into iPhones

Reports that revealed the expansion of Pegasus, an eavesdropping program developed by Israel's NSO Group, has made the issue of phone snooping a hot topic again throughout the world.   However, a little-known spyware firm, which is also based in Israel, maybe hacking iPhones under the...
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