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Why are European companies moving out of China?

Confidence is falling in the world’s largest consumer market as European companies are moving apart from their operations in China. A recent survey by European Chamber of Commerce in China states that the supply chain concerns and other disruptions in China due to the tight COVID-19 lockdown measures have pushed around 23 percent of European

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Economic & Finance

China praises Bangladesh for building of 6.15 km long multipurpose Padma Bridge

China’s envoy to Bangladesh has applauded Prime Minister Sheikh Hasina’s leadership for building Padma bridge with the country’s own finance and described the Awami League-led government’s achievements in Bangladesh during the last decade as “extraordinary. Li Jiming, the Chinese ambassador in Dhaka, has lauded Prime Minister Shekh Hasina’s decision to proceed with the Padma Bridge

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Economic & Finance Energy Energy & Environment Oil & Gas Politics World Affairs

Russian Fuel Supply Cuts Worried European Countries

Amidst these chaotic times, Russia has increased pressure on many European economies by reducing the natural gas supplies further, raising fears of a fuel shortfall this winter. European officials describe these Russian fuel supply cuts as an attempt to retaliate against Western countries for backing Ukraine. On Friday, Russia decreased the natural gas deliveries to

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Politics

Registration for Agniveer Recruitment Starts from July, says Army

The Indian Army on Monday announced that registration for Agniveers would begin in July, while 500 trains were cancelled due to nationwide protests. Internet services were suspended in 20 districts of Bihar after last week’s announcement. Some organizations called for a nationwide shutdown on Monday, known as Bharat Bandh. Agnipath has huge job potential for

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Economic & Finance Food & Drinks Foods & Agricultural Politics World Affairs

UAE bans Wheat export from India: Report

The United Arab Emirates (UAE) has announced a four-month ban of wheat and wheat products export and re-export from India, the world’s second largest producer of the grain. UAE’s ministry of economy cited disruptions in global trade flows as the reason for the decision. “The ban applies to all wheat varieties namely hard, ordinary and

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Economic & Finance Energy Energy & Environment Oil & Gas Politics World Affairs

Fuel prices to remain high till 2023, says report

A report published by Wood Mackenzie states that consumers can expect fuel prices to stay high until next year due to disruptions in Russian oil supplies and refineries struggling to satisfy demand after the pandemic. It also says that the pressure could ease in the second half of 2023, when many new major refineries, particularly

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Advisor Network Cryptocurrency Economic & Finance Fintech Market Overview

What is happening to the Bitcoin? Why it is crashing?

Few weeks ago, when I looked at my phone under the crisp spring sun, I was taken over by panic. The cryptocurrency market had crashed; all of my investments were down significantly. After few moments, I exhaled and said, “It’s a volatile market, it will recover soon.” But till day the slump in the market

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Science & Technology

Scientists say 32-foot-long predatory dinosaur with crocodile face has been discovered

Dinosaur remains have been found by archaeologists in southwest England, which could lead to the largest land predator ever roaming Europe. Paleontologists from the University of Southampton identified the prehistoric bones as belonging to a type of two-legged, crocodile-faced predatory dinosaur known as spinosaurids. There is not much information on the length of such a

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Politics

Ukraine-Russia War: Here’s How Elon Musk’s Starlink Technology Is Helping Ukraine Fight Russia

Starlink is crucial in defending Ukraine from Russia, according to a US official and Ukrainian military members. A USA Brigadier General said that SpaceX’s services have been indispensable to the Ukrainian military. He has worked closely with SpaceX and the US Army Futures Command to develop tactics for use in a future war with Russia.

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Healthcare & Fiscal

A Mind-Blowing, Game-Changing Study In Cancer Treatment Trial Completely Eradicates Cancer In 18 People

A study shows that a promising drug called Dostarlimab may have potential to be an effective cancer treatment. This experiment with cancer patients had an amazing effect. According to a report, the experimentation caused these patients to be cancer free. “Experimental drug trial removes cancer entirely in a group of 18 people”. Dostarlimab is a

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