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Elon Musk put jobs cuts on Tesla on hold
Shares of Tesla faced a plunge after CEO Elon Musk had announced that it would be cutting its staff. Last week the company had sent mails, but a new Tweet from the...
European Union agrees for partial ban of Russian oil imports
Amidst the war between Russia and Ukraine, Charles Michel the European Council Chief has said that the European Union has agreed to impose a partial ban on the oil imports from Russia....
Russia’s Gazprom cuts gas supply to Netherlands
Russia based energy giant Gazprom has made an official announcement that it has completely cut off gas supplies to GasTerra, the supplier of natural gas. The Russian giant said that the move...
Abbot to reopen its baby formula manufacturing facility
Medical devices and healthcare giant Abbot Laboratories has confirmed on May 25, 2022 that the company would soon reopen its shuttered plant. The company has assured that the company could get back...
Walmart expands its drone delivery service in the United States
Retail giant Walmart is expanding its drone delivery service in six states in 2022. This would mean that more customers would not be able to get essentials and groceries delivered in 30...
Electric auto manufacturers to increase prices amidst rise in material costs
Automobile market across the globe is changing in terms of rising prices of the fuel due to inflation and the war situation between Russia and Ukraine. Amidst the tensions, the auto giants...
McDonald’s finds a buyer of all its restaurants in Russia
American fast-food giant McDonald’s had recently announced that it is shutting down its business in Russia for good. With the announcement, it marked the exit of one of the leading global brands...
Tesla recalls thousands of cars over touchscreen defect issue
Electric car manufacturing giant Tesla has once again announced a recall of thousands of its vehicles over a defect that is related to the touch screen unit. The recent recall will be...
Pfizer announces acquisition of Biohaven Pharmaceutical Holding company
Pharma giant Pfizer and Biohaven Pharmaceutical Holding company, have made an official announcement on May 10, 2022 while stating that they have entered in to an agreement under which Pfizer would be...
EasyJet to remove Row of seats on aircrafts to deal with staffing crisis
Airlines across the globe are facing an acute shortage of staff amidst a time when the demand for travel has sky rocketed. People have started to venture out post COVID-19 and the increase in...
