Saturday January 29-th, 2022

European Union moves to rein in USA tech giants European Union moves to rein in USA tech giants

What's in the draft laws? Very large social media companies and e-commerce sites face new obligations to remove illegal and harmful content from their platforms under the draft European Union legislation called the Digital Services Act.

MacKenzie Scott gives almost $1.7 bn of Amazon fortune to social causes MacKenzie Scott gives almost $1.7 bn of Amazon fortune to social causes

She and Mr Bezos divorced past year. The majority of Scott's wealth comes from her four percent stake in Amazon , and her ex-husband and CEO of Amazon, Bezos, appeared before a congressional committee yesterday to testify on whether the compan...

Sensex Nifty climb new peaks in opening trade Sensex Nifty climb new peaks in opening trade

The 30-share BSE index was trading 135.05 points or 0.29 per cent lower at 46,118.41. Among the top gainers today was Bajaj Finance , Bajaj Finserv that emerged as the outperformers. Broader Asian markets were also higher, with MSCI's broadest ind...

Russian hackers broke into USA agencies including Treasury, Commerce departments Russian hackers broke into USA agencies including Treasury, Commerce departments

Shortly after the news of the hacking attack on SolarWinds' Orion Platform broke, claims that Dominion Voting Systems used SolarWinds products and had not yet powered down those products began circulating on social media . He would not name an...

Sanders urges Democrats to reject bipartisan stimulus bill Sanders urges Democrats to reject bipartisan stimulus bill

Senate Minority Leader Chuck Schumer accused McConnell of "sabotaging good-faith bipartisan negotiations". The $82 billion for schools and $45 billion for transportation that's part of the larger $748 billion emergency aid bill could be paired wi...

Biden taps Buttigieg for Transportation secretary Biden taps Buttigieg for Transportation secretary

At the Transportation Department, Buttigieg might be tasked with overseeing much of Biden's plan to dramatically boost infrastructure spending, including building 550,000 electric vehicle charging stations and boosting spending on high-speed rail a...

Burger King India makes remarkable market debut; shares jump over 92% Burger King India makes remarkable market debut; shares jump over 92%

The stock is now up 176.75% from its issue price. Mumbai, International quick-service restaurant chain, Burger King India Ltd (BKIL) began its journey on Indian bourses with a stupendous opening garnering a premium of over 130% on the first day of ...

Home prices to rise 5.5% in 2021: Royal LePage Home prices to rise 5.5% in 2021: Royal LePage

Cities with above-average price predictions from Royal LePage included Ottawa, at 11.5 per cent, Halifax, at 7.5 per cent, and Vancouver, at nine per cent. According to CBC News , the company expects the spike to be driven by a shortage of properti...

India slated to become a premier digital society: Ambani India slated to become a premier digital society: Ambani

Facebook co-founder and CEO Mark Zuckerberg on Tuesday said India is a very special and important country with a remarkable entrepreneurship culture, as he sought to push deeper the just-launched payments services that allow users to make payments...

China Economy's Recovery Continued to Gather Pace in November China Economy's Recovery Continued to Gather Pace in November

Fixed-asset investment rose 2.6 per cent in January-November from the same period a year ago, in line with a forecast 2.6 per cent growth and faster than a 1.8 per cent increase in the first 10 months of 2020. November's rise in FAI growth was led ma...

China's digital yuan kicks off test on e-commerce platforms China's digital yuan kicks off test on e-commerce platforms

However, despite the fact that China has become the frontrunner in developing its central bank's digital currency [CBDC] as it is now deploying it on major e-commerce platforms within the country, the process has been cautious and not hasty.

Japan's space agency finds ample soil, gas from asteroid Japan's space agency finds ample soil, gas from asteroid

The dust was found in the capsule's outer shell, agency officials said, with more substantial samples expected to be found when they open the inner container, a delicate task. The samples may also offer clues as to the mystery of water on asteroids l...

Amazon's Zoox unveils autonomous electric vehicle Amazon's Zoox unveils autonomous electric vehicle

Zoox is now testing in Las Vegas, San Francisco , and Foster City. Aicha Evans , Zoox chief executive, told Bloomberg the auto would initially work as a ride-hailing service. The factory has the capacity to eventually produce 10,000 to 15,00...

Prime Minister warns China a ban on Australian coal will backfire Prime Minister warns China a ban on Australian coal will backfire

The move follows a meeting of China's National Development and Reform Commission. In light of the fact that the Chinese government has not yet announced the banning of Australian coal as an official policy, Morrison said he was treating the repor...

Retail inflation eases to 6.93% in Nov on softer food prices Retail inflation eases to 6.93% in Nov on softer food prices

Separately, data released by the industry department on Monday showed wholesale price inflation inched to a nine-month high at 1.55% in November as inflation for manufactured items accelerated even as vegetables prices declined. Aditi Nayar, principa...

Toronto health-care workers to receive first COVID-19 vaccines today

Slaoui said, 100 million people by the end of March - but should have 100 million shots in arms by the end of February, between first and second doses ". There is no word on how long it will take to administer the initial 1,500 doses at the Ottawa H...

EU's Barnier says 'next few days' important for Brexit deal talks EU's Barnier says 'next few days' important for Brexit deal talks

It has been 4 1/2 years since Britons voted narrowly to leave the European Union and - in the words of the Brexiteers' slogan - "take back control" of the UK's borders and laws. "Our negotiation teams have been working day and night over the recent...

Decades after exit, Tata group expresses interest in Air India Decades after exit, Tata group expresses interest in Air India

It is reported that a group of 200 employees of Air India will also submit an EoI before today's deadline . Tata Group reportedly submitted an expression of interest (EoI) for the debt-laden national carrier Air India over the weekend, the deadl...

December 12 COVID-19 update: Walk-in testing sites announced for Berwick, Middleton December 12 COVID-19 update: Walk-in testing sites announced for Berwick, Middleton

A Nova Scotia Department of Health spokeswoman said in an email that Dr Shelley Dix, Ontario's Chief Health Protection Officer, will take over the newly created position as Medical Officer for Public Health Monitoring in February. Shopping at non-ess...

Man in Custody After Climbing Aircraft Wing Man in Custody After Climbing Aircraft Wing

Videos shared by some of the flight's passengers show the man taking his socks and shoes off before attempting to climb the airplane's winglet. The pilot noticed the man coming towards the plane and notified security. Law enforcement was dispatched...

California joins US govt in bringing charges against Google California joins US govt in bringing charges against Google

California is not making any "substantive changes" to the complaint or seeking to add new facts, according to the record. The filing signed by Attorney General Xavier Becerra and his top deputies comes two days after California joined Washington ...

ONGC Shares Jump 10% As Crude Oil Price Rally Builds Steam ONGC Shares Jump 10% As Crude Oil Price Rally Builds Steam

Both benchmarks reached their highest levels since March, with the contracts posting session highs of $51.06 a barrel and $47.74 a barrel, respectively. Meanwhile, Canada approved its first vaccine on 9 December with initial shots due to start from n...

Johnson, von der Leyen agree to continue Brexit negotiations Johnson, von der Leyen agree to continue Brexit negotiations

Johnson has said it is "very, very likely" the talks will fail, and European Union officials have expressed similar pessimism, but British negotiator David Frost and his European Union counterpart Michel Barnier carried on talking late into Saturda...

Mastercard faces $18.5B class action lawsuit in United Kingdom for overcharging Mastercard faces $18.5B class action lawsuit in United Kingdom for overcharging

The group, representing some 46 million consumers, is pursuing a case against Mastercard over swipe fees, which courts have declared unfair. The Supreme Court has today handed down an important decision on the "class certification" procedure un...

Man climbs onto wing of airplane

From there, passengers watched as the suspect walked along the wing of the Boeing 737 within clear view of their window seats, with some of them recording the incident and posting to social media. Our guests and employees are safe and we are workin...

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