Author: Eva Schmidt

    Microsoft Corp. has made history by reaching $2 trillion market value on Tuesday. It is the second company to do so after Apple Inc. With its control over enterprise software and cloud computing, the company has become quite powerful in the current situation. On Tuesday the shares of Microsoft increased nearly 1.1% in New York and it joined the same league as Apple Inc. they are the only two companies that have reached such height. Another company Saudi Aramco came very close to reach the value in December…

  The Chinese authority has closed the central Tiananmen Square to the public in Beijing, eight days ahead of the major celebration that is being planned to mark the 100th anniversary of the founding of the ruling Communist Party. The square which generally attracts tourists from all parts of the country has been barricaded on Wednesday and it is going to remain closed until 2nd July. There are rows of yellow seats and heavy machinery are also seen on the open plaza that also houses the mausoleum of Mao Zedong,…

    On Tuesday, British-Swiss bio-pharmaceutical company and Coronavirus vaccine-maker AstraZeneca announced that they have experienced a hold-up in their trials of Covid-19 treatment. The multinational company has been come up with a treatment for the Coronavirus. They were in the process of making a drug that is created by combining two antibodies. AstraZeneca said in a statement that it was not successful at treating Covid-19 symptoms in the infected patients. It was actually the third and the final phase of the trial to find a cure against the virus.…

  Britain has experienced a record economic boost in April as the government eased the lockdown measures. It has been growing very quickly since July, achieving an output of an amazing 27.6%. It is much higher than that of last year when everything was shut down due to the toughest lockdown. The status for National Statistics gave out the exact figures on Friday. It revealed that huge and fast growth has been observed in the service sector. It was possible because hospitality businesses, non-essential retail, and schools opened up after…

  In the global race to vaccinate people against Covid19, Africa is tragically at the back of the pack. It has barely gotten out of the starting blocks. In South Africa, which has got the most robust economy of the continent and its biggest coronavirus caseload, just 0.8% of the population is fully vaccinated. The reports have come according to a worldwide tracker kept by the Johns Hopkins University. Hundreds and thousands of the country’s health workers have come face to face with the virus every day and are still…