Cryptocurrency market cap hits $2trillion all-time record

The cryptocurrency market capitalization hit an all-time peak of $2 trillion on Monday, according to data and market trackers CoinGecko and Blockfolio, as gains over the last several months attracted demand from both institutional and retail investors. At midday, the crypto market cap was at $2.02 trillion. The surge in crypto market cap was led… Read More Cryptocurrency market cap hits $2trillion all-time record

U.S., UAE to work together on decarbonisation financing

The United States and the United Arab Emirates will work together on coordinating finance to decarbonise the economy, focusing on areas including hydrogen, renewable energy and low carbon urban design, a joint statement said on Monday. U.S. climate envoy John Kerry, who is leading efforts to get countries to step up commitments to cutting emissions,… Read More U.S., UAE to work together on decarbonisation financing

U.S. Supreme Court rules in favour of Google in copyright case with Oracle

The U.S. Supreme Court handed Alphabet Inc’s Google a major victory on Monday, ruling that its use of Oracle Corp’s software code to build the Android operating system that runs most of the world’s smartphones did not violate federal copyright law. In a 6-2 decision, the justices overturned a lower court’s ruling that found Google’s… Read More U.S. Supreme Court rules in favour of Google in copyright case with Oracle

British PM Boris Johnson says country to reopen shops, gyms and outdoor pubs on April 12

British Prime Minister Boris Johnson said on Monday a planned reopening of the economy would take place next week, with the opening of all shops, gyms, hairdressers and outdoor hospitality areas in England. With the vaccine programme rolling out rapidly across the UK and infection numbers falling, Johnson said England would proceed to Stage 2… Read More British PM Boris Johnson says country to reopen shops, gyms and outdoor pubs on April 12

Russian President Vladimir Putin signs law allowing him run for two more terms

Russian President Vladimir Putin has signed a law that could keep him in office in the Kremlin until 2036, the government said on Monday. The legislation allows him to run for two more six-year terms once his current stint ends in 2024. It follows changes to the constitution last year. Those changes were backed in… Read More Russian President Vladimir Putin signs law allowing him run for two more terms

At least twenty-six dead following ferry accident in Bangladesh

A Bangladesh ferry carrying around 50 passengers collided with a cargo vessel and sank on Sunday in the Shitalakhsya River south of the capital Dhaka, leaving at least 26 people dead and a few still missing, officials said. Twenty one bodies had been recovered on Monday. The ferry sank just after it departed from the… Read More At least twenty-six dead following ferry accident in Bangladesh

Forty dead, dozens injured following clashes in western Sudan

Sudan’s government has declared a state of emergency in West Darfur state after at least 40 people were killed and 58 injured in three days of tribal clashes in its capital El Geneina, according to the United Nations.‮ ‬ The incident is the latest in a resurgence of violence in the Darfur region since the… Read More Forty dead, dozens injured following clashes in western Sudan

South Korea’s LG to withdraw from smartphone market following failure to find buyer for mobile division

South Korea’s LG Electronics Inc will wind down its loss-making mobile division after failing to find a buyer, a move that is set to make it the first major smartphone brand to completely withdraw from the market. Its decision to pull out will leave its 10% share in North America, where it is the No.… Read More South Korea’s LG to withdraw from smartphone market following failure to find buyer for mobile division