Sections

ideals

Business Essentials for Professionals

Companies

Despite Chip Shortage Supply Chain Issues Tesla Reports Record Q4 Deliveries

Tesla Inc announced record delivery of its electric cars for its latest completed quarter, which was well above Wall Street expectations as the company successfully fended off global chip shortages while ramping up manufacturing in China.   This also marked the sixth consecutive...

US Request For Delay In 5G Deployment Rejected By CEOs Of AT&T And Verizon

AT&T and Verizon Communications CEOs rebuffed a plea to postpone the scheduled Jan. 5 launch of the new 5G wireless service due to aviation safety problems but pledged to implement new measures in the interim.   US Transportation Secretary Pete Buttigieg and FAA Administrator Steve...

Hong Kong Clampdown On Covid Prompts Cathay Pacific To Cut Flights

Cathay Pacific has confirmed urgent flight schedule reductions, including the cancellation of passenger and cargo services to and from Hong Kong. The airline did not say how many flights would be canceled, but it did say that in January it will operate a skeleton passenger schedule. It follows...

Cramped Living Quarters And Rotten Food Prompt Women To Force Change At Indian iPhone Factory

Women who built iPhones at a Foxconn plant in southern India had to put up with overcrowded dorms that did not have flush toilets and food that was occasionally crawling with worms in exchange for a wage.   When poisoned food caused illnesses to over 250 workers, their rage swelled...

$100m Settlement In Discrimination Case Agreed To By Riot Games

Riot Games, well known for League of Legends, has agreed to pay $100 million for the settlement of a gender discrimination class-action lawsuit filed against it in 2018.   California's Department of Fair Employment & Housing (DFEH) wrote that the settlement will "remedy...

US To Become The Largest LNG Exporter Of The World In 2022

In 2022, the United States is expected to overtake Qatar and Australia as the world's largest LNG exporter, and it may keep that position for years to come.   In a year when China and other huge countries in Europe and Asia were scrambling to find enough supply for heating and power...

New JV Between China's BYD And Startup Momenta For Autonomous Driving Technology

Deployment of autonomous driving capabilities across certain BYD car model lines is to be implemented through a joint venture between China's BYD and autonomous driving startup Momenta. The value of the new partnership is 100 million yuan or $15.7 million, according to a Momenta statement and...

Huawei Competes With Tesla In China’s Electric Car Market

Just under a week following Chinese electric car startup, Nio unveiled its next Tesla rival, Huawei unveiled details on a vehicle that it claims outperforms the Model Y in terms of specs.   Huawei, the Chinese tech company best known for its telecoms and smartphone devices, has stated...

Oxford Lab Study Claims AstraZeneca Vaccine Booster Effective Against Omicron

According to data from an Oxford University lab research published recently claimed effectiveness of a three-dose course of AstraZeneca's Covid-19 vaccine against the highly infectious Omicron variant of the coronavirus.   The study's findings, which have yet to be published in a...

US FDA Approves Its At-Home Covid-19 Rapid Test Kit, Says Roche

People in the United States as young as 14 years will now be able to use the Covid-19 at-home rapid test kit that has been made by Roche as the US Food and Drug Administration (FDA) has granted Emergency Use Authorization (EUA) to this test, the company said on Friday.   Using an anterior...

China’s State-Run News Agency Xinhua Issues Photos As NFTs

While authorities in China have outlawed mining and almost made it illegal to trade in cryptocurrency, there is good news for users of blockchain in China.   The state news agency Xinhua in China has begun issuing NFTs to all citizens of digital media photo collections that it owns. The NFTs...

Amazon Files Lawsuit Against Indian Financial Crime Agency Investigating A 2019 Deal

Amazon.com Inc is suing India's financial crime fighting agency to stop an inquiry into one of its 2019 transactions, according to reports based on information from a court filing,   For months, India's Enforcement Directorate (ED) has been investigating Amazon's $200 million investment in...
1 ... « 88 89 90 91 92 93 94 » ... 242