Tag: Featured
-
Walmart Is Trying To Set Up Clinics Of Corona Vaccines For The Workers Of Flipkart While India Is Fighting Against The Second Wave Of The Covid-19 Crisis
Walmart is trying its best to set up clinics and dispensaries for workers of more than 200,000 in India. They are helping them and their families to get Covid-19 vaccines while India is fighting against the destructive second wave of the Covid-19 pandemic. The world’s biggest retailer is also working its best and leveraging its…
-
Why Is The Company Amazon An Excellent Profit-Making Machine?
The whole time through the pandemic, the company Amazon was making huge profits just like it has always been without any changes. Once we are done with the coronavirus pandemic crises it will be in better shape to make more money. The company made a profit of more than tripled to $8.1 billion in the…
-
Biden Fails To Attract A Live TV Audience
On Wednesday night, America’s 46th President, Joe Biden made his first address to a joint session of Congress, but the television ratings and the participation of people in the event, through their TV sets while sitting at homes was quite worse than previous presidents. Biden Fails To Attract A Live TV Audience It was estimated…
-
GDP rises 6.4% on consumer spending in Q1
A boom in economic activity rung in 2021, as the vaccination drive gathered pace and the government helping with more spending to return the U.S. nearer to the point when the Covid-19 pandemic erupted, according to the Commerce Department, CNBC reported. GDP rises 6.4% on consumer spending in Q1 The department reported Thursday that gross…
-
Royal Dutch Shell Reports Better-Than-Expected Q1 Earnings
Royal Dutch Shell reported first-quarter earnings that came in marginally-better-than expected, amid growing fuel demand recovery expectations and stronger commodity prices. Royal Dutch Shell Reports Better-Than-Expected Q1 Earnings The Anglo-Dutch, oil major also increased its dividend by around 4%, for the second time in six months, as the company sought to reassure investors of having…
-
Biden’s Regulatory Measures Worry Small Business Owners
Small business owners are worried President Biden would unleash a slew of regulatory measures hurting growth prospects, forcing them to drop plans for scaling up operations, USA Today reported. Michael Canty owner of a manufacturing company in Mentor, Ohio, worries new regulations in several areas including labor, workplace safety, gas, and oil drilling would cramp…
-
New Oregon Facility Could Boost Wave Energy Prospects
The Northwestern state of Oregon in the United States had everything making it a natural paradise- scenic mountains, numerous lakes mirroring the skies and vast tracts of forest land. New Oregon Facility Could Boost Wave Energy Prospects But one offshore project aimed to harness nature’s power for analyzing and testing wave energy converters, a technology…
-
Deutsche Bank Reports 908 Million Euro Q1 Profit
Deutsche Bank, Wednesday, posted a 908 million euro ($1.1 billion) profit for Q1, on strong support from its investment banking division, CNBC reported. Deutsche Bank Reports 908 Million Euro Q1 Profit The bank’s performance completely eclipsed analyst expectations for 642.95 million euros net income, according to Refinitiv, which improved vastly markedly from the 51 million…
-
Stronger Commodity Prices Help BP To Beat Q1 Estimates
Energy major BP on Tuesday posted Q1 earnings that beat expectations, for the first quarter, after a period of brighter demand outlook and stronger commodity prices, CNBC reported. Stronger Commodity Prices Help BP To Beat Q1 Estimates The British company’s results come as oil and gas majors seek to prove to investors that they had…
-
UBS Reports Q1 Net Income At $1.8 Billion After Taking Archegos Hit
UBS reported Tuesday a Q1 2021 net income at $1.8 billion, as it revealed its earnings had taken a hit from the scandal involving Archegos Capital. UBS shares were down 2% in early European trading hours, CNN reported. UBS Reports Q1 Net Income At $1.8 Billion After Taking Archegos Hit According to the Swiss bank,…