Economy

New York On the Verge of Legalizing Recreational Use of Marijuana

Legalization of recreational marijuana in New York has always been a bone of contention. A recent release by CNN suggests that democrats who control New York legislature have given a green light to terms of a proposed bill seeking to legalize recreational use of marijuana in the state. Under the proposed bill, a regulatory body […]

Germany Extending Lockdown Until April 18 to Curtail COVID-19 Spread During Easter

Germany will be extending its lockdown measures until April 18 in efforts to curtail spread of the deadly virus during the Easter holidays which normally lasts for around five days. The European country is currently battling a third wave of the deadly virus and it says lifting movement restrictions during this time might turn out […]

Greece to Roll Out COVID-19 Self-Testing Kits Starting Next Month

Greece says that it will start distributing COVID-19 self-testing kits beginning from next month for individuals to test themselves and determine their status against the deadly virus. The government said it will be giving out the self-testing kits for free. The country has been recording spiking numbers in new infections of the virus, the government […]

France, Germany and Italy Suspend AstraZeneca Vaccine

France, Germany and Italy have suspended use of the vaccine developed by AstraZeneca Plc. (LON: AZN) and Oxford University citing safety claims against the jab. In the last two weeks several countries rolling out the vaccine have been reporting serious side effects among them blood clots. Europe has been on the forefront suspending roll out […]

Outgoing Panasonic CEO Says Company Needs to Reduce Reliance on Tesla

The outgoing Chief Executive Officer of electronics company Panasonic Corp. (TYO: 6752) Kazuhiro Tsuga said there is need for the Japan based company to reduce its reliance on leading electric vehicle manufacturer Tesla Inc. (TSLA). Tsuga says one of the ways the company can go about this is by making batteries which will be compatible […]

LG Energy Investing $4.5 Billion into Battery Production in the U.S

Global leader supplier of Lithium-ion batteries for electric vehicles LG Energy Solutions will be pumping an investment of $4.5 billion into production of batteries in the United States. The South Korea based company will be making this investment in the next four years. President of LG Energy Solution’s Michigan plant, Denise Gray said the company […]

China Launches Digital COVID-19 Vaccination Certificates for Cross-Border Travels

On March 9 China launched digital COVID-19 vaccination certificates for Chinese citizens planning cross-border travels. China becomes the latest entry into the list of countries which are issuing such certificates as the world is looking into ways to open economies which have been greatly affected by the pandemic. Vaccines are being rolled out across the […]

Trump Demands 3 Republican Groups to Stop Using His Name to Raise Funds

Former United States President Donald Trump has issued an order to three Republican Party linked groups to stop using his name to raise funds. This was announced by Trump’s advisor who claims the groups have using Trump’s name for financial gain. Earlier Politico had published a post suggesting that Trump had sent a sent cease-and-desist […]

White House Tracking Emergency Patch Dispatched by Microsoft

The White House said that it’s keeping a close watch on an emergency patch recently dispatched by tech giant Microsoft Corp. (MSFT). This patch was released after an unknown hacking group recently hacked systems of organizations using a flaw in Microsoft’s server software. This was announced by President’s Biden national security advisor Jake Sullivan on […]

Year on Year Car Sales in Britain Declines by 36%

The pandemic indeed affected movement of individuals in the UK, since the pandemic set foot Europe has been one continent which has been imposing lockdowns after lockdowns in efforts to combat rapid spread of the deadly virus. These movement restrictions significantly affected the transport and automobile industries. Britain has recorded a year on year car […]