Search results for "us government"

AstraZeneca booster shot is effective against Omicron variant

A study from an Oxford University lab published on Thursday revealed that a three-dose course of AstraZeneca booster shot is efficient in controlling the fast spread of the Omicron variant. The Pharmaceutical company said in its statement that the results – while they have yet to be released in a peer-reviewed medical journal – are […]

China’s MIIT halts cybersecurity deal with Alibaba Cloud

According to state-backed media reports, Alibaba Cloud Computing’s information-sharing partnership was put to an end on Wednesday by Chinese watchdogs, following allegations of neglecting to report and tackle a cyber threat. The 21st Century Business Herald reported that the subsidiary of the e-commerce giant failed to promptly report weaknesses in the famous, open course logging […]

Biden boosts fuel-economy standards to fight climate change

In a major step to fight climate change, the Biden administration is raising vehicle mileage standards to significantly reduce emissions of planet-warming greenhouse gases, reversing a Trump-era rollback that loosened fuel efficiency standards. A final rule issued Monday would raise mileage standards starting in the 2023 model year, reaching a projected industry-wide target of 40 […]

Asian markets bounce back from omicron sell-offs

Asian shares were mostly higher on Tuesday after a worldwide slump for financial markets spurred by worries about how badly the omicron variant, inflation and other forces will hit the world economy. Tokyo gained nearly 2% and other benchmarks in Asia also were higher. Much of the concern over the outlook has been driven by […]

China Mobile to raise $7.64 billion in Shanghai listing

After losing appeals for being delisted from the New York Stock Exchange (NYSE), state-owned operator, China Mobile Ltd. revealed intentions of raising $7.64 billion in a Shanghai listing on Tuesday. The move will mark the largest equity fundraisings for 2021 and came due to the NYSE decision to adhere to an investment blacklist presented by […]

Harris unveils plan for electric vehicle charging network

The Biden administration released an ambitious federal strategy Monday to build 500,000 charging stations for electric vehicles across the country and bring down the cost of electric cars with the goal of transforming the U.S. auto industry. “The future of transportation in our nation and around the world is electric,” Vice President Kamala Harris said […]

FCC probs Meta’s acquisition of VR startup, Supernatural

The U.S. Federal Trade Commission will launch a thorough examination into Meta’s scheme to acquire the famous Virtual Reality (VR) fitness platform Supernatural, according to The Information. The investigation highlights only one aspect: antitrust watchdogs have officially initiated their scrutiny on Meta – formerly known as Facebook – for its heavy investments into its latest […]