Asia stocks catch Wall St cheer but China caps gains
Asian stocks inched higher on Tuesday, as upbeat Wall Street earnings lifted the broader economic outlook though fresh worries about China’s property sector hit Hong Kong and mainland markets.
Another Chinese property developer defaults, shares drop
Modern Land (1107.HK) reported a missed payment on Tuesday, the latest Chinese property developer to do so, adding to worries about spiralling effects of the debt crisis at behemoth China Evergrande Group (3333.HK) and dragging on shares in the sector.
Tesla pulls its new Full Self-Driving beta due to software ‘issues’
NEW YORK/ SAN FRANCISCO, Oct 24 (Reuters) – U.S. electric car maker Tesla Inc (TSLA.O) on Sunday rolled back the latest version of its Full Self-Driving (FSD) beta software, less than a day after its release after users complained of false collision warnings and other issues. The setback comes as Tesla is under regulatory scrutiny over the […]
Biden imposes new international travel vaccine rules, lifts existing restrictions
U.S. President Joe Biden on Monday signed an order imposing new vaccine requirements for most foreign national air travelers and lifting severe travel restrictions on China, India and much of Europe effective Nov. 8, the White House said.
Barbados elects its first president, and the British Queen renounces her position as head of state
Barbados has elected its first president, deposing Queen Elizabeth as the country’s head of state. Dame Sandra Mason would be sworn in on November 30. The country, where British colonists oppressed thousands for its sugar industry, declares that it wishes to be free of its colonial past. Barbados is by far the most easterly of […]
Decline and near fall of Italy’s Monte dei Paschi, the world’s oldest bank
A deal for the Italian government to sell Monte dei Paschi (BMPS.MI) to UniCredit (CRDI.MI)collapsed on Sunday after the two sides failed to agree terms.
Melbourne reopens as world’s most locked-down city eases pandemic restrictions
MELBOURNE, Oct 22 (Reuters) – Melbourne residents flocked to the city’s pubs, restaurants, and hair salons in the early hours of Friday after the world’s most locked-down city emerged from its latest spate of restrictions designed to combat the spread of COVID-19. Australia’s second-largest city has so far endured 262 days, or nearly nine months, […]
SoftBank is negotiating the sale of its French robotics business to Germany’s United Robotics
SoftBank Group Corp. plans to sell the robotics business behind its Pepper android to the United Robotics Group of Germany, shrinking the size of a once-promising growth driver. The decision has not yet been made, according to sources who are closely involved in the matter but are unwilling to reveal their identities because they are […]
Employees at Walmart will report to work in November, according to the company
Walmart, an American retailer and grocery store chain, finally announced that its company employees will come back to work during the week of November 8. Since the Covid-19 outbreak, all companies have preferred remote working for their employees because they all want a safe and secure workflow. But, after nearly two years of dealing with […]
The first successful Kidney transplantation test From a Pig on a human patient in medical history!
Doctors successfully performed an animal-to-human kidney transplant for the first time, possibly for the first time in medical history. The 54-hour surgical procedure to transplant a pig’s kidney into a brain-dead human was performed by Robert Montgomery, a transplant surgeon from New York. New York University Langone Health in New York City performed the procedure. […]
