The Ever Given, 200, 000 Tonne ship, built-in 2018, operated by Taiwanese transport company Evergreen Marine, registered in Panama, bound for the port city of Rotterdam in the Netherlands from China was passing northwards through Egypt’s Suez Canal on its way to the Mediterranean when the 400m- long ( 1, 312 ft) giant container ship…
Category: Business
Most amazing stories have pretty average beginnings, invest in your own success, as the pandemic has forced every organisation to change the way it is run, requiring leadership to survive. Both Pharmaceuticals and supply chain management have propelled into the spotlight by the pandemic. In 2013, Stephanie Bazeley, and nine other university friends made Monstrum,…
Bitcoin, the cryptocurrency, passed above £43, 100 ( $60, 000) for the first time as it has more than tripled in value since the end of last year powered by well-known companies adopting it as a method of payment. Bitcoin’s total market value exceeded $1tn, although it had wild price swings and has fallen sharply…
In the world of geeks, for decades two competing tribes of artificial intelligence experts have been furiously dueling with each other in research labs and conference halls around the world, with mathematical models and computer codes. The connectionist tribe believes that computers can learn behaviour in the same way as humans do, by processing …
Daimler, BMW sells jointly-owned PARK NOW App Daimler and BMW sell jointly-owned App PARK NOW to Swedish rival EasyPark. The App is part of a 2019 joint venture and has five parts including smartphone-based route management and booking service, among others. The sale will allow the unit to grow even further in the US…
David Baszucki’s video-game platform Roblox is being floated on the New York Stock Exchange valued at £21.6bn ( $30bn) and hopes to become the center of Metaverse- an online world not just for gaming but for work and learning as well. Roblox, a marketplace where you can create games, pick and choose whether you play…
India, the world’s largest producer of consumer and exporter of spices, produces 75 of the 109 varieties of spices listed in the International Organisation for Standardisation (ISO) exported £2.64bn worth of spices in 2020 alone. Orco (organic condiments), New-Delhi-based claims to produce hand-round organic and natural spices, founded by Pragya and marketed by her daughter…
Elon Musk’s SpaceX Serial Number 10 (SN10) 50m-tall has managed to land one of its Starship prototypes at the end of a high-altitude test flight, in Boca Chica, Texas, but fire developed around its base and eight minutes later SN10 blew itself apart on the landing pad. Elon Musk says the new Starship will do…
“Coronavirus has caused the largest and most sustained economic shocks in this country has ever faced,” Sunak said Furlough scheme extended until the end of September along with VAT cut for hardest-hit sectors to boost the hospitality and tourism industries over the summer. The government will maintain its support for the self-employed, with grants handed…
Microsoft, the tech giant has blamed Hafnium, a Chinese state-sponsored cyber-espionage group operating out of China by leasing virtual private servers in the US, for attacks on its mail server software. Microsoft’s Threat Intelligence Centre attributed the attacks with “ high confidence” to Hafnium and “ Observed victimology, tactics and procedures, as Hafnium targets infectious…