Chief Executive Elon Musk announced on Wednesday, Tesla will no longer accept bitcoins to purchase the car, citing long-standing environmental concerns for a rapid reversal of the company’s position on cryptocurrency. Less than two months after Tesla accepted the world’s largest digital currency for payment, bitcoin fell more than 10% ...
Read More »Softbank reports Vision Fund profit worth $ 37 Bn by Coupang
On Wednesday, SoftBank Group Corp reported a 4.03 trillion yen ($ 37 billion) vision fund unit profit in the fourth quarter by Coupang, making it among the world’s top-earning firms after a year of unprecedented losses. The group’s net profit for the year ended March was 4.99 trillion yen ($ ...
Read More »UK to deliver 3 oxygen generators with 1,000 ventilator to India
The Antonov 124 aircraft is estimated to land in Delhi on Sunday morning after which the Indian Red Cross will help transfer supplies to hospitals. The British government said the world’s largest cargo plane left Belfast in Northern Ireland on Friday with three 18 tons of oxygen generators and 1,000 ...
Read More »FedEx to deliver oxygen concentrators to India amid 2nd COVID-19 wave
FedEx to donate Boeing 777F charter flights to relieve more than 3,400 oxygen concentrations, converters, and about 265,000 KN95 masks directly from Newark to Mumbai, the company stated on Thursday. FedEx, an international freight company, is taking over 25,000 oxygen concentrators and converters to India through the US-India Strategic Partnership ...
Read More »Biden looks to complete 70% vaccination in US by July 4
As vaccination is dropping in the United States, President Joe Biden has announced a new program for COVID-19 vaccination with his administration. He also set a new target to get shot in people’s arms. On Tuesday he said, “Our goal by July Fourth is to have 70% of adult Americans ...
Read More »Bajaj Healthcare launches ‘Favijaj’ tablet to treat COVID-19 patients
The Bajaj Healthcare Limited (BHL) has successfully developed and received approval from India’s drug regulator to distributed “Favijaj” tablet in the market to treat COVID-19 patients from May 4, 2021. Pharmaceutical company Bajaj Healthcare Limited (BHL) has announced on Tuesday the launch of antiviral Favipiravir tablet with brand name “Favijaj”. ...
Read More »America will ban travel from India
Based on the advice of the CDC, the Biden administration announced the decision on Friday; The US will begin restricting travel to India from Tuesday as coronavirus growth continues across the country. “The policy will be implemented in light of the exceptionally high COVID-19 caseloads and the many variants that ...
Read More »Biden oversees his 100 days as president; Stock market is on track now
The president of the United States, Joe Biden, has celebrated his hundredth day in office with a visit to the state of Georgia, where he has offered a rally in which he has exposed his achievements and government plans and has highlighted that since the beginning of his Administration “The ...
Read More »Boeing reported a $ 537 million loss in Q1 compared to last year
Boeing suffered US $ 561 million – or the US $ 537 million for losses due to the uncontrolled coronavirus epidemic continued to hurt demand for new aircraft. The Boeing Company on Wednesday made a comprehensive report expecting first-quarter losses, though revenue came from Wall Street forecasts as the company ...
Read More »India to be fastest growing FMCG advertising market with 14% growth
FMCG Food and drink brands will increase their advertising spend on digital channels by 7 percent per year to 2023. According to a report by media agency Zenith, Fast-moving Consumer Goods (FMCG) in India will be the fastest-growing market for food and drink brands advertising spend over the next three ...
Read More »