US Health Service Approves Booster Shots Janssen and Moderna
The CDC has paved the way for booster vaccines to be administered to tens of millions of Americans who have been vaccinated with Janssen or Moderna’s corona vaccines. Fully vaccinated people will be eligible for such an extra shot from Friday, according to American media. CDC CEO Rochelle Walensky
Unilever Expects Commodity Prices to Rise Further
Laundry and food group Unilever expects the rise in raw material prices to continue until the middle of next year. “The top has not yet been reached,” said CEO Alan Jope. The company behind brands such as Dove, Knorr and Magnum has increased its prices in recent times to
Evergrande Crisis Now no Risk to China’s Economy, According to IMF
The Chinese economy is not running any significant risks for the time being due to the crisis at real estate group Evergrande. According to the International Monetary Fund (IMF), President Xi Jinping’s government has mitigated the dangers so that the Chinese economy is not affected by the impending collapse
London Heathrow Airport May Only Increase Fares to A Limited Extent
One of the largest airports in Europe, Heathrow in London, may only increase its fares to a limited extent. With the higher fares, the airport hoped to make up for losses due to corona restrictions, much to the dismay of airlines and the British aviation authority. At Schiphol, too,
New Zealand to Quadruple Spending on Climate Aid
New Zealand is set to quadruple its spending on international climate aid. In doing so, the country wants to do something about what it claims to be a “sadly inadequate” response to climate change’s challenges to the world. On Monday, Prime Minister Jacinda Ardern announced that her country’s budget
Chip Shortages Kill European Car Sales
The number of new cars sold in the European Union fell by more than 23 percent in September compared to the same month in 2020. The biggest problem for car manufacturers is the persistent shortage of chips, according to the European automotive industry association ACEA. Last month, 718,598 cars
Death Toll from Tropical Storm in Philippines Rises
The death toll from Tropical Storm Kompasu in the Philippines has more than doubled. According to the national disaster service, at least thirty people have died as a result of flooding and landslides. There are thirteen missings. Most of the deaths were in the northern province of Ilocos Sur.
Cloud Security Company Wiz Raises A Quarter of A Billion Dollars
The Israeli cloud security specialist Wiz has raised a capital of 250 million dollars. After the close of this Series C financing round, the company now has a valuation of six billion dollars. The Tel Aviv-based cloud security startup plans to invest its Series C proceeds in expanded support
Cyclone Hits China’s Coast, Exacerbating Supply Chain Problems
Tropical Storm Kompasu, which is hitting the coast in southern China, is causing further problems in the supply chain. Due to the storm, it is temporarily impossible to load and unload containers at the Yantian port in Shenzhen, the technology capital of China. The number of ships waiting to
Europe Examines Antitrust Case Over Teams in Office
The European Union is currently surveying competitors of Microsoft Teams. A sign that a competition lawsuit may be coming. According to Reuters, questionnaires have been sent to Teams competitors. Europe also wants to know whether the integration of Teams in Microsoft Office gives the former more weight in the
