Australia sticks by plan to re-open border in mid-2022
Australia is sticking to plans to start re-opening to the rest of the world only from the middle of next year, officials said on Sunday, resisting mounting pressure to end the closure of international borders. In March 2020, Australia closed its borders to non-nationals and non-residents and has since been allowing only limited international arrivals, […]
Cairn Energy sues Air India to enforce $1.2 bln arbitration award – court filing
Cairn Energy (CNE.L) has sued India’s flagship carrier Air India to enforce a $1.2 billion arbitration award that it won in a tax dispute against India, according to a U.S. District Court filing reviewed by Reuters. The move ratchets up pressure on India’s government to pay the sum of $1.2 billion plus interest and costs that the British firm […]
India records more than 4,000 daily COVID-19 deaths
India reported a smaller rise in daily COVID-19 cases for the third straight day on Sunday, but the number of deaths in 24 hours was higher than 4,000, taking the country’s death toll to 270,000.
Tesla crash victim lauded ‘full self-driving’ in videos on Tiktok
A Tesla car driver killed in a recent accident in California praised the automaker’s “full self-driving” features, and posted videos on his apparent Tiktok account, in which he appeared to drive with his hands off the wheel. On May 5, a Tesla Model 3 crashed into an overturned truck on a highway in Fontana, killing […]
Spotify founder Ek says his bid for Arsenal was rejected
Spotify CEO and founder Daniel Ek said on Saturday an offer to buy Premier League Arsenal had been rejected by owner Stan Kroenke’s family. Ek took to Twitter to issue a statement correcting “inaccurate reports” that he had not made a bid. “This week an offer was made to both Josh Kroenke and their bankers […]
The dead batteries in electric vehicles have become a source of concern
In 2030, the EU expects 30 million electric vehicles on European highways. Although electric vehicles (EVs) do not emit CO2 during service, many people are concerned about what will happen if they lose power, especially when it comes to batteries. Although most EV components are identical to those used in conventional vehicles, the battery is […]
Creating the Right Incentives for State and Local Governments to Reduce Disaster Costs
Each of these alternatives would shift the balance of risk away from the federal government and toward state and local governments
Yet another EU threat, says UK PM’s spokesman over French financial services move
A French move to delay a European Union financial services deal with Britain over fishing access is another example of the bloc issuing threats at any sign of difficulty, a spokesman for Prime Minister Boris Johnson said on Thursday. Paris has said it will delay the financial services deal until Johnson grants EU fishermen fair […]
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Alibaba revenue tops expectation on pandemic-driven online boom
China’s top e-commerce platform Alibaba Group Holding Ltd (9988.HK), reported a forecast-beating 64% surge in quarterly revenue on Thursday, as more people shopped online due to the coronavirus pandemic. But the strong performance was overshadowed by intense regulatory crackdown that resulted in the suspension of a $37 billion IPO of its affiliate Ant Group and a […]
