Credit Suisse’s chairman Antonio Horta-Osório resigned with immediate effect today (Jan. 17) for breaking covid quarantine rules twice last year—once to attend the Wimbledon final, and once when flying in and out of Switzerland. He will be succeeded by Axel Lehmann.
Bengaluru more than doubled its venture capital funding to $18.6 billion in 2021.
India’s largest IT services company is doing a better job of holding on to talent than its rivals.
Dear Marvel, you can make a solid superhero movie without trips to space, time travel, and celestial beings. Just look at Minnal Murali. The Malayalam-language film, which released on Dec. 24, is India’s first original superhero story.
IKEA’s unvaccinated staff will not even receive £100 ($135) per week if they need to isolate.
Mumbai isn’t going into lockdown—not yet, anyway.
Two independent vaccine exemptions, a 10-hour standoff at Melbourne’s airport, and an injunction request later, tennis superstar Novak Djokovic is set to spend the weekend cooped up in a hotel for immigration detainees.
Sony is serious about its electric car plans—serious enough to set up a whole another company for it.
For the first time in nearly a century, General Motors has been dethroned as America’s leading automaker. Toyota—which handled the chip crunch better than its rivals by stockpiling beforehand—sold 2.3 million vehicles in 2021, while GM shifted 2.2 million.
The UK badly wants a trade deal with India, and in return, it may offer thousands of work visas to Indians who want to come to Britain.
India’s electric revolution is in dire need of more power.
Apple is giving some employees 180,000 more reasons to stay.
Once considered a formidable asset, has India’s demographic bulge turned toxic due to the country’s lost economic decade?
Two of India’s largest media companies are joining forces in a bid to dominate Indian entertainment, and take on global giants.
Porn-friendly social media platform OnlyFans has rejigged its top management, and surprisingly appointed a South Asian woman to the top job.
The US food and drug administration (FDA) approved the first ever injectable drug for HIV prevention on Dec. 20.
In July this year, France started issuing official covid passes. These certificates have become a prerequisite to gain access to numerous venues, including bars, restaurants, cinemas, gyms, and long-distance trains. Citizens can get them in one of three ways: vaccination, recovery from covid-19, or a recent negative test. Over 65s must have their third booster shot to activate the pass. Tourists visiting the country can get their health passes at designated pharmacies for 36 euros ($40).
Forget about ordering regular or large fries at McDonald’s if you’re in Japan. For at least a week starting Friday (Dec. 24), they are off the menu.
Earlier this month, Tesla and SpaceX founder and CEO Elon Musk said he’ll pay “more taxes than any American in history this year,” in response to US senator Elizabeth Warren calling him out for “freeloading off everyone else” after he was named Time Magazine’s person of the year.
The box office’s spidey senses say the movies are back with a bang. Spider-Man: No Way Home, which released on Dec. 17, raked in a whopping $260 million in the US during its opening weekend.
The Indian government is apparently unaware of the backlash that brands face for using Urdu in their ad campaigns.
