The number of new COVID-19 cases reported worldwide rose by 80 percent in the last month, the World Health Organization said, days after designating a new "variant of interest". The WHO declared in May that Covid is no longer a global health emergency, but warned the virus will continue to...
Ericsson Q1 net profit at $155m
Firm announced that it would slash 8,500 jobs worldwide.
BASF to cut thousands of jobs
It will also close down several units in Ludwigshafen.
Asian chipmakers plunge after US unveils China export controls
The announcement on Friday marked the latest volley in a long-running standoff between the two superpowers that has seen them face off over a range of issues including technology, trade, Hong Kong, Taiwan and human rights.
Biden rings the alarm on state of democracy worldwide
"Make no mistake, we're at a moment of democratic reckoning," said Uzra Zeya, the Under Secretary of State for Civilian Security, Democracy, and Human Rights. "Countries in virtually every region of the world have experienced degrees of democratic backsliding."
Chip crunch forces Honda to downgrade profit forecast
Japanese car giant Honda revised its annual profit forecast downwards on Friday, warning it sees no immediate end to the chip shortage and supply-chain issues impacting automakers worldwide.
Digital transformation boosts data economy growth in UAE: Report
Data economy on track to become one of the largest economic sectors globally The report suggests stepping up collaboration among various stakeholders to improve data quality A new report titled New Data Economy, published by Dubai Future Foundation (DFF) in collaboration with Dubai Economy, has claimed that several data-enabled innovative...
