Musk to jury: Just Because I Tweet Something, Doesn’t Mean People Believe it
Elon Musk, Tesla (NASDAQ:TSLA) Inc’s chief executive, testified on Friday that investors do not always react to his Twitter messages as he expects, defending himself in a fraud trial over his 2018 tweet that he had funding to take the electric carmaker private. Musk’s testimony began with questions about his use of Twitter, the social […]
Philippines Main Airport Scrambles To Restore Normalcy After Power Cut
The Philippines’ main gateway remained on reduced operations on Monday after a New Year power outage that jolted its air traffic control, with authorities scrambling to resume full service after more than 300 flights were disrupted. The ageing Ninoy Aquino international airport was early on Monday handling a maximum 15 arrivals per hour compared to […]
Dollar Retreats After Overnight Gains, Ahead of Economic Data Dump
The U.S. dollar slipped lower in early European trade Friday, handing back some of the previous session’s gains as traders attempt to gauge the Federal Reserve’s likely tightening path in the new year. At 02:55 ET (07:55 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, fell 0.2% to […]
At the Quad Summit, Australia’s Prime Minister pledges to cut carbon emissions by 43% by 2030
Anthony Albanese, Australia’s newly elected Prime Minister, pledged to reduce carbon emissions by 43% by 2030 and to reach net-zero emissions by 2050. Albanese remarked during the Quadrilateral summit, “We will act in awareness of the fact that climate change poses the greatest economic and security threat to Pacific island states. My government will establish […]
Ranil Wickremesinghe, Sri Lanka’s new Prime Minister, has expressed interest in strengthening ties with India
Ranil Wickremesinghe, Sri Lanka’s new Prime Minister, has expressed his desire for better connections with India during his term and praised India for its economic help as the country grapples with its worst economic crisis since independence. On Thursday, Wickremesinghe, 73, was sworn in as Sri Lanka’s 26th prime minister, to restore stability to the […]
World Bank lowers Pakistan’s economic growth forecast to 4.3%
Citing the additional burden on the budget put by the last-ditch energy subsidies by the outgoing Imran Khan government, the World Bank on Wednesday reduced Pakistan’s economic growth rate forecast for the current fiscal year by almost one percent, reported local media. “The financing of the price cuts or subsidies can create an additional burden on […]
China reports 1,219 new local cases of coronavirus in last 24 hours
The Chinese mainland reported 1,219 locally transmitted COVID-19 cases in the last 24 hours, the National Health Commission said on Monday. Of the new local infections, 1,086 were reported in Jilin, 50 in Shanghai, 12 in Liaoning, and 10 in Heilongjiang. A total of 56 imported COVID-19 cases were reported Sunday, said the commission. It added that […]
Indian students stranded in Ukraine’s Sumy see ‘no ray of hope’
“It has been 10 days (since) we have been waiting here but there is no ray of hope (as to) when we will be evacuated,” says a distraught Indian medical student stranded in the embattled northeastern Ukrainian city of Sumy in a video message. There is no power, no water supply and shops are refusing […]
Russia- Ukraine crisis: Rescue plans & a look at past evacuations
India sounded airlines on Monday to plan flights to evacuate Indians stuck in Ukraine. Under the Aircraft Act, the government can ask airlines to make their aircraft available during an emergency. While sources said Air India and SpiceJet had planned to operate four flights, all plans had to be canceled after the closure of Ukrainian airspace. Airlines executives said the Ministry of External Affairs had planned […]
UK bans Chinese envoy from House; Beijing slams ‘cowardly’ move
By Administrator_ India Capital Sands China’s Ambassador to the UK Zheng Zeguang has been barred from the UK Parliament over sanctions imposed on some British MPs for their remarks on alleged human rights violations against Uyghur minorities in Xinjiang, triggering an angry condemnation from the Chinese Embassy here. Zeguang was due to attend a meeting organized by the All-Party […]