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Momentum In Apparel Sale Prompted Gap To Raise 2021 Forecasts

Momentum In Apparel Sale Prompted Gap To Raise 2021 Forecasts

The San Francisco-based retailer Gap Inc now expects to see a continued increase in demand for new apparel with more people stepping out of their homes and socializing once again following a year when most were forced to stay back home because of the Covid-19 pandemic. This prompted the retailer to...
Wall Street Journal Claims Google Close To A Settlement In French Antitrust Case

Wall Street Journal Claims Google Close To A Settlement In French Antitrust Case

According to a report published in the Wall Street Journal reported on Thursday citing source information, Alphabet Inc's Google is close to settling an antitrust investigation in France which was initiated against it over allegations that the United States based tech giant had misused its market...
Uber Agrees To Have A Driver’s Union In UK – A First For The Global Firm

Uber Agrees To Have A Driver’s Union In UK – A First For The Global Firm

The ride hailing company Uber has agreed to allow a workers’ union at the company in the United Kingdom which is the first for the Silicon Valley company anywhere in its global operations.   The GMB union, the largest in the UK, will now be allowed to represent tens of thousands of Uber...
Payments From Gas Projects To Myanmar’s Junta Suspended By Total, Chevron

Payments From Gas Projects To Myanmar’s Junta Suspended By Total, Chevron

Some of the payments that was to reach from a joint venture for gas to Myanmar's junta have been suspended by the French oil and gas group Total and the United States based energy company Chevron.   The move has been praised by the pro-democracy activists who have hailed this as the first...
Ford Plans To Have Two New Dedicated EV Platforms By 2025: Reports

Ford Plans To Have Two New Dedicated EV Platforms By 2025: Reports

United States based auto giant Ford Motor Co plans to develop two dedicated all-electric vehicle platforms of which one will be used for making full-size trucks and SUVs while the other is to be used for cars and smaller SUVs.   According to analysts and experts, this is a part of Ford’s...
Tesla To Use Camera-Based Autopilot Tech Because Of Increasing Scrutiny

Tesla To Use Camera-Based Autopilot Tech Because Of Increasing Scrutiny

An Autopilot system that makes use of a set of cameras will be now used by the United States based electric car maker Tesla Inc and drop the radar sensor system for its Model 3 and Model Y vehicles in North America beginning this month itself, the company said on Tuesday.   This measure was...
Lower EU Fines Over Emissions Collusion Likely For BMW And VW: Reports

Lower EU Fines Over Emissions Collusion Likely For BMW And VW: Reports

It is likely that a reduced antitrust fine for the German car makers BMW and Volkswagen will be settled for by the European Union over use of clean air technology. According to reports quoting sources familiar with the matter, this likelihood surfaced following the EU narrowing down the scope of an...
The US Has Formally Lifted Securities Ban On It, Says China's Xiaomi

The US Has Formally Lifted Securities Ban On It, Says China's Xiaomi

The designation of the Chinese firm China's Xiaomi Corp of being a Communist Chinese Military Company (CCMC) as was imposed by the United States administration, was removed by a US court, the company said on Wednesday while also lifting all the restrictions imposed on the company including buying...
Tesla To Push Ahead With 'Full Self-Driving' M Says Elon Musk

Tesla To Push Ahead With 'Full Self-Driving' M Says Elon Musk

After a federal government investigation in the United States raised questions about the initial findings of a fatal crash involving a Tesla self driving car in Spring, Texas, last month, the US based electric car maker is seemingly still pushing ahead with a broader roll out of its autonomous...
Test Use Of Pneumococcal Vaccine Together With Covid-19 Booster Shot Started By Pfizer

Test Use Of Pneumococcal Vaccine Together With Covid-19 Booster Shot Started By Pfizer

Pfizer Inc has launched a new study involving adults over 65 years of age who have been vaccinated with its Coivid-19 vaccine that makes use of the company's 20-valent pneumococcal conjugate vaccine (20vPnC) candidate with a third dose of the Pfizer-BioNTech vaccine shot. This was announced by the...
HSBC Not To Launch Any Crypto Currency Or Services - CEO

HSBC Not To Launch Any Crypto Currency Or Services - CEO

The Chief Executive of HSBC, Noel Quinn, said that the lender does not have any plans of launching any crypto currency trading desk or offering customers the digital coins as an investment because the bank believes that such digital currencies are too volatile and do not have transparency.  ...
SoftBank CEO Critical Of Japan Holding Olympics Due To Slow Vaccination

SoftBank CEO Critical Of Japan Holding Olympics Due To Slow Vaccination

While a mass vaccination drive was launched by the Japanese government to catch up with other countries and to ensure a "safe and secure" Olympics Games, the significant dangers of holding the Games in Tokyo were highlighted by the Japanese tycoon Masayoshi Son.   Bewilderment and concern...
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World

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...

Conflict-Affected Nations Demand Urgent Climate Funding At COP29

Conflict-Affected Nations Demand Urgent Climate Funding At COP29
As COP29 unfolds in Azerbaijan, conflict-affected nations are making a unified call to double climate funding to over $20 billion annually by 2026. This demand comes against the backdrop of...

Trump’s Return To Office Could Shift Global Geopolitics: Putin Holds Firm On Ukraine, While Other Conflicts Face Uncertain Future*

Trump’s Return To Office Could Shift Global Geopolitics: Putin Holds Firm On Ukraine, While Other Conflicts Face Uncertain Future*
As former U.S. President Donald Trump prepares to re-enter the White House, the geopolitical landscape is bracing for significant shifts. Russian President Vladimir Putin has publicly expressed his...

People

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...

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...