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Talks For Sale Of Loss Making HSBC’s French Retail Business In Final Leg: Reports

Talks For Sale Of Loss Making HSBC’s French Retail Business In Final Leg: Reports

According to a report published in the news agency Reuters, French retail arm of the lender HSBC has been agreed to be bought by Cerberus and a rival investment firm for a symbolic one euro. However the precondition of the prospective buyers is that the British bank also makes an investment of more...
A Range Of New Vehicles To Be Launched By Nissan In China In Five Years

A Range Of New Vehicles To Be Launched By Nissan In China In Five Years

Over the next five years, a number of new vehicles in the growing Chinese market is being planned to be launched by Japan’s Nissan Motors. The company’s chief executive said that the he planned launch included those for electrical cars that could be crucial for the Japanese automaker to return to...
Thailand Initiates Takes Legal Steps Against Facebook, Twitter Over Illegal Content

Thailand Initiates Takes Legal Steps Against Facebook, Twitter Over Illegal Content

In the first move by Thailand in taking legal action against major internet firms, the government of the country initiated legal action on Thursday against Facebook and Twitter over charges that the two companies had ignored repeated requests to take down content that the government perceived as...
Application For Tech Export Licence Filed By ByteDance In China Amid TikTok Deal Talks

Application For Tech Export Licence Filed By ByteDance In China Amid TikTok Deal Talks

The Chinese owner of the popular short video sharing app TikTok, ByteDance, has been reported to have applied with the Chinese authorities for a tech export license as is now required under the emended tech export low of the country even as it is trying to seal a deal with two American companies...
US Urged By Huawei Chairman To Reconsider Restrictions Imposed On It

US Urged By Huawei Chairman To Reconsider Restrictions Imposed On It

While claiming that its supply chain was being targeted and attacked by the United States, the Chinese telecom equipment and smartphone maker Huawei on Wednesday also called on the US president Donald Trump’s administration to reconsider the trade restrictions that it had imposed on the firm which...
Elon Musk Says Tesla’s Cheaper Battery 3 Years Away, Firm Loses $50B In Market Cap

Elon Musk Says Tesla’s Cheaper Battery 3 Years Away, Firm Loses $50B In Market Cap

United States listed electric car maker Tesla lost $50 billion of its market value on Tuesday with investors losing confidence despite company C EO Elon Musk pledging to radically cut down on costs of electric vehicle making possible a $25,000 car that drives itself but after at least three years....
Three Concepts For Hydrogen-Powered Plane Unveiled By Airbus

Three Concepts For Hydrogen-Powered Plane Unveiled By Airbus

Three visual concepts of plane with "zero-emission" that will be powered by hydrogen was unveiled recently by Airbus.   This unveiling is being viewed as the latest effort of the European plane making giant to draw attention of the public towards its "zero-emission" ambitions in the wake of...
Major Cost Cutting Initiative Launched By Shell To Transition Into Renewable Energy Business: Reuters

Major Cost Cutting Initiative Launched By Shell To Transition Into Renewable Energy Business: Reuters

In a major push to conserve cash so that a complete overhaul of the business is possible and greater focus is to be laid on renewable energy and power markets, up to 40 per cent off the cost of producing oil and gas is being targeted to be slashed by Royal Dutch Shell, claimed a report from the...
With Case Over Ban In US Court, Getting New US Users For WeChat To Be Tough, Says Tencent

With Case Over Ban In US Court, Getting New US Users For WeChat To Be Tough, Says Tencent

Chinese tech giant Tencent Holdings Ltd, the owner and operator of the messaging app WeChat, has said that it could find it difficult to convince new users to join its platform in the United States while a challenge a ruling by court in the US in favor of the company that prevents a ban on the...
Shanghai Exchange Grants Permission To Jack Ma’s Ant For A Record Dual IPO

Shanghai Exchange Grants Permission To Jack Ma’s Ant For A Record Dual IPO

The Chinese financial technology firm Ant Group moved a step closer to making a dual listing as the company managed to get an approval from the Shanghai Stock Exchange for a domestic initial public offering. This as announced by the bourse said on Friday.   Analysts expect that the combined...
WeChat Rebranded By Chinese Owner Tencent Prior To Its Ban In US

WeChat Rebranded By Chinese Owner Tencent Prior To Its Ban In US

Days prior to a ban of WeChat, owned by the Chinese tech giant Tencent, in the United States, the name of the messaging app WeChat Work office collaboration app has been changed to WeCom and it is being presented as a potential alternative to the messaging app WeChat.   According to the...
Virtual Fitness Service Aimed At Work-From-Home Consumers Rolled Out By Apple

Virtual Fitness Service Aimed At Work-From-Home Consumers Rolled Out By Apple

In its latest expansion of its services business that has become the backbone of the company’s growth strategy, iPhone maker Apple rolled out its new virtual fitness service along with the a host of all its subscriptions, by the name of Apple One, as the company aims to target a holiday-season...
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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...