Monsoon delay threatens India’s economic recovery

Delayed monsoon rains are threatening India’s huge agricultural sector and endangering the shaky economic recovery due to the coronavirus pandemic. The monsoon rise in the Indian subcontinent has stalled, and…

Toyota stopped donating to Republicans as they tried to block Biden’s election

Toyota said that after weeks of public pressure campaigns forced the automaker to make a sudden U-turn, it will stop donating to Republicans who are trying to overthrow Joe Biden’s…

Britain and Brussels clash over the £40 billion Brexit divorce bill

Brussels and London disputed the size of the Brexit bill on Thursday, after the European Union hinted that the UK would be obliged to pay 47.5 billion euros (40.8 billion…

BioNTech/Pfizer plans to try the Delta variant vaccine in August

Pfizer and BioNTech are preparing to start clinical trials of the Covid-19 vaccine version of the Delta variant next month because of concerns that the existing jabs will weaken the…

Despite security concerns, Biden defended the U.S. withdrawal from Afghanistan

Joe Biden said on Thursday that the US military mission in Afghanistan will end on August 31 to defend his position. Decide In spite of the threat of a comeback…

Senator calls on U.S. securities regulators to investigate Didi IPO

Two senior members of Congress have called on the U.S. Securities and Exchange Commission to investigate whether the Chinese ride-sharing company Didi Chuxing misled American investors before its initial public…

Beijing asks Didi to change map functions, worrying about security issues

According to two people familiar with Didi, China’s Internet regulators have required multiple changes to the map function of Didi’s apps before it goes public in the United States, fearing…

OxyContin manufacturer Purdue gets more state support for settlement

After 15 other states in the United States abandoned their opposition to settlement agreements aimed at resolving bankruptcy protection-related litigation, drugmaker Purdue was closer to getting rid of bankruptcy protection.…

Facebook executive leaves to become CEO of Instacart

The founder and CEO of the grocery app Instacart is stepping down to become the executive chairman of the board because the company hopes to expand its advertising business before…

U.S. Treasuries rose and stock markets fell due to growing economic concerns

US government bonds rose and global stock markets fell sharply as concerns about inflation were replaced by concerns about the global economy recovering from the coronavirus. The yield on the…

Japan declares a state of emergency for the Tokyo Olympics

Japan has announced that Tokyo will be in a state of Covid-19 emergency throughout the Olympic Games. Japanese Prime Minister Yoshihide Suga announced this measure at a press conference on…

The plunge in Treasury bond yields caused repercussions in the market

Rushing in Treasury bond yield It is causing repercussions in the global financial markets, driving fast-growing technology companies’ stock prices to new highs and driving down corporate borrowing costs. It…

The European Central Bank changes its inflation target, leaving extra room for maintaining low interest rates

The European Central Bank has set itself a new 2% inflation target and stated that it will temporarily tolerate exceeding this target when needed. This shift allows policymakers more flexibility…

After Didi’s failure, Chinese fitness app withdrew its New York IPO plan

China’s most popular fitness app withdrew from its plans to apply for an initial public offering in the United States last week after Chinese regulators announced Investigate Didi’s data security…

Zomato launches $1.25 billion IPO to capitalize on surge in order demand

Indian food delivery group Zomato announced that it will launch a US$1.25 billion initial public offering next week to seek to capitalize on the surge in order demand due to…