Business

The global activated charcoal supplement market size is expected to register a significant CAGR of over 10% during the forecast period 2021 to 2027 and was valued at over USD 4.5 billion in 2019. The increasing use of charcoal supplements in the medical sector is a primary factor to drive ...

On Friday, oil surging nearly 4% in the week as the global energy crisis pushed US prices to their highest level in nearly seven years as big power users struggle to keep up with demand. Even as demand picks up around the world as economic activity eases from the pandemic, ...

The US giant has been accused of agreeing to censorship of American journalists in order to do business in China. In this case, a parliamentary inquiry can be started against American companies Microsoft and LinkedIn. Republican Senator Rick Scott, in a letter to both companies, has asked them to respond ...

The US Senate passed a budget resolution that outlines the budget for the 2022 fiscal year (October 2009 to September 2010). If it is passed by the House of Representatives, the Biden administration’s fiscal spending plan, which will invest 3.5 trillion dollars (about 385 trillion yen) in 10 years to support ...

Swiggy, an Indian food ordering, and delivery platform added USD 1.25 billion in its worth in a funding round led by Softbank and Prosus. Softbank shared information in a release; this is the first investment by Softbank in the Indian food delivery industry. Existing investors Accel Partners and Wellington Management ...

FedEx Express, a subsidiary of top global delivery services giant FedEx Corporation, will invest $100 million in e-commerce logistics platform Delhivery. FedEx Express India and Delhivery have entered into equity and commercial agreements under which the two companies will jointly use their strengths to enhance India’s international business potential. In a statement ...

Ahead of Paytm’s $3 billion initial public offerings (IPO), formerly global business head of WhatsApp Neeraj Arora may re-join Paytm’s board of directors. Sources have given information.  Arora was on the board of directors of Paytm from 2015 to 2018. Arora left Paytm’s board of directors in February 2018. This ...

Serum Institute of India (SII), the world’s largest vaccine maker, may double the production of AstraZeneca-Oxford’s vaccine Covishield. Sources with knowledge of the matter said that the company is working on a plan to increase the production of this vaccine from 100 million doses per month to 200 million doses next ...

Airtel Africa on Wednesday said it has sold its tower portfolio (which is part of Airtel Tanzania) for $175 million, or Rs 1,279.6 crore. The deal marks the strategic disinvestment of the group’s tower portfolio as it continues to focus on a lighter asset model. Airtel Africa provides telecommunications and mobile ...

WORLD – Bitcoin fell by 13% on Sunday after facing another selloff, the world’s largest and best-known cryptocurrency, leaving it down nearly 50% from the year’s high. At 1800 GMT (2 pm ET), bitcoin fell to $ 32,601, a decrease of $ 4,899.54 from its previous close. It reached a ...