Category Archives: Business

Banning TikTok takes a big espionage tool away from China: US NSA 

China will lose “a big tool” of espionage and surveillance if America and some western European countries ban Chinese apps like TikTok as done by India, US National Security Advisor said. India last month banned 59 Chinese apps, including TikTok and UC Browser, saying they were prejudicial to the sovereignty, integrity and security of the country.

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Moderna Soars 16% As Covid-19 Vaccine Shows Strong Immune Response 

Moderna (MRNA) soared a further 16% in Tuesday’s after-market trading after the biotech announced the publication of an interim analysis of the open-label Phase 1 study of mRNA-1273, its vaccine candidate against COVID-19.Results reaffirmed positive interim data assessment announced on May 18, said Moderna, and show mRNA-1273 induced rapid and strong immune […]

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Nissan unveils new flagship electric rival to Tesla 

Ariya is seen as key product in turning round image of carmaker after Carlos Ghosn scandal

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Is Apple Releasing New Apps For Windows 10? 

A tweet from Italian-speaking blog Aggiornamenti Lumia claimed that a new unnamed app will be “coming soon to the Microsoft Store.”

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Nokia rolls out software upgrade to 5G 

The Finnish firm hopes the software will help it in its battle against Huawei and Ericsson for next wave of 5G orders as the technology should allow carriers to save on costs. “This solution will save the telecommunications industry potentially tens of billions of euros in site engineering and re-visit costs,” Nokia said in a statement.

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Google, Facebook, Microsoft, other tech companies join lawsuit against new student visa rule 

More than a dozen top American technology companies, including Google, Facebook and Microsoft, on Monday joined a lawsuit filed by the Harvard University and the Massachusetts Institute of Technology against the Immigration and Customs Enforcement’s (ICE) latest rule that bars international students from staying in the United States unless they attend a […]

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Economic Data Scheduled For Tuesday 

The NFIB small business optimism index for June is scheduled for release at 6:00 a.m. ET. The NFIB’s index is expected to improve to 96.7 in June, versus 94.4 in May. The Consumer Price Index for June will be released at 8:30 a.m. ET. Consumer prices are projected to increase 0.5% in June, following a 0.1% decline in May. read more

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Delta may avoid furloughs after demand for buyouts, other U.S. airlines sound alarm 

The deadline for most Delta employees to accept early departure or early retirement packages was Monday

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UK economy shrinks by one-fifth during lockdown 

GDP grew much slower than forecast in May as output remained 24.5 per cent below pre-pandemic levels

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The ten cheapest cars to insure revealed 

The model in question is the Mazda MX-5 – the best-selling affordable sports car of all time. Admiral says the average premium paid by motorists over the age of 25 is less than any other car.

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Small businesses worldwide fight for survival amid pandemic 

As economies around the world reopen, legions of small businesses that help to define and sustain neighborhoods are struggling

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‘And The Monkey Flips The Switch’ – Are Pilots At Risk Of Becoming ‘De-Professionalised’? 

Is the status and prestige of the professional pilot about to be challenged like never before?

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Difficulties compound for embattled fashion retailer Quiz 

The firm stated it was ‘very grateful to the press for highlighting the alleged breaches’ and was committed to conducting a ‘full review’ of its auditing processes.

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Boeing Nabs $23B US Air Force Contract; First Fighter Jet Order Now In 

The U.S. Air Force has awarded Boeing (BA) a nearly $1.2 billion contract to build the first lot of eight F-15EX advanced fighter jets to help the service meet its capacity requirements and add capability to its fighter fleet. The award also covers support and one-time, upfront engineering costs.Already under construction at the Boeing F-15 production facili […]

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Natural gas futures down 1.16% in afternoon trade 

In the futures market, natural gas for July delivery touched an intraday high of Rs 136.70 and an intraday low of Rs 133.10 per mmBtu on the MCX

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