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Financial Markets

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China's Shanghai Composite rebounds, gains nearly two percent

SYDNEY, NSW, Australia - Stocks on Asian markets opened the week solidly higher.China's Shanghai Composite let the way, jumping 66.93 ...

Biden seeks pledge of 40% electric vehicles by 2030

WASHINGTON, D.C.: In a bid to reduce greenhouse gas pollution, the White House has asked automakers to voluntarily pledge to ...

Price increase helps jump in McDonalds revenues

CHICAGO, IL: Global sales and profits for McDonald's Corp surged past Wall Street targets on Wednesday, attributed to fresh additions ...

Pfizer seeks permission to administer third Covid dose

NEW YORK CITY, New York: Pfizer has projected a 29 percent increase in the sales of its COVID-19 vaccine in ...

Biden says ban on rental evictions to end on Saturday

WASHINGTON, D.C.: The nationwide ban that prevents landlords from evicting those who do not pay their rent will expire Saturday.The ...

UPS shares fall to lowest in 3 months as e-commerce declines

NEW YORK CITY, New York: Shares of United Parcel Service (UPS) fell to its lowest in three months on July ...

Technology

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Worldwide semiconductor chip shortage to hit manufacturing of iPhones

CUPERTINO, California: Apple Inc said this week that the global chip shortage could soon affect iPhone production, with declining revenue ...

In major move, Intel to build Qualcomm chips, full production by 2025

SANTA CLARA, California: Hoping to regain its lead by 2025 and catch up to rivals, such as Taiwan Semiconductor Manufacturing ...

Samsung holds 18pc of smartphones market share in Q2

Seoul [South Korea], August 2 (ANI/Global Economic): Samsung Electronics' smartphone shipments ranked first in the world in the second quarter ...

Facebook's Ray-Ban smart glasses depends on phones

Washington [US], August 1 (ANI): Facebook CEO Mark Zuckerberg recently announced the company's next consumer product- Ray-Ban smart glasses, the ...

Russians Hacked Federal Prosecutors, US Justice Department Says

WASHINGTON - The Russian hackers behind the massive SolarWinds cyberespionage campaign broke into the email accounts of some of the ...

Israel launches Covid-19 booster shot campaign for over-60s

Israel is launching a new campaign to give Covid-19 vaccine booster shots to people aged over 60.Former prime minister Benjamin ...

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