Global Covid-19 Update: Over 350.9 Million Cases, Death Toll Tops 5.59 Million

Amid an ongoing resurgence across the world, the global coronavirus caseload has topped 350.9 million, while the deaths have surged to more than 5.59 million and vaccinations to over 9.79 billion, according to Johns Hopkins University.In its latest update on Monday morning, the University’s Center for Systems Science and Engineering (CSSE) revealed that the current…Continue Reading

Global Crypto Market Suffers $1 Trillion Loss As Bitcoin Crashes

Bitcoin, along with other digital cryptocurrencies, crashed to its lowest level on Saturday and the continuing meltdown has wiped out over $1 trillion from the global crypto market value.Bitcoin was hovering at $35,000 per coin and the largest digital asset by market value has lost nearly 50 per cent since reaching its peak in November…Continue Reading

Global Essential Oil Maker Installs Rapid On-demand Steam, Reducing Energy Cost Per Kilo by 32%

The boiler Young Living Farms was using at its Highland Flats Distillery was not nearly as efficient as it needed to be for a global leader in essential oils. Young Living replaced its single 500HP firetube boiler at the Highland Flats Distillery with TWO Clayton 150 HP boilers. When the new boiler solution went online…Continue Reading

Global oil’s comeback in 2021 presages more strength in 2022

For 2022, crude consumption is expected to reach 99.53 million barrels per day (bpd), up from 96.2 million bpd this year, according to the International Energy Agency Topics Global oil output | OPEC | Oil demand Reuters  Last Updated at December 23, 2021 15:30 IST Global oil demand roared back in 2021 as the world began to recover from…Continue Reading

Risk-on global rally resumes as Omicron variant fears recede

The STOXX index of Europe’s 600 largest shares rose 0.3%, following earlier gains in Asia. Japan’s Nikkei gained 0.57% and MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.8% Topics Global Markets | Coronavirus | Markets Reuters  |  HONG KONG/LONDON  Last Updated at December 23, 2021 15:25 IST Global shares extended a recent rally on Thursday while safe-haven…Continue Reading

Global oil’s comeback year presages more strength in 2022

NEW YORK: Global oil demand roared back in 2021 as the world began to recover from the coronavirus pandemic, and overall world consumption potentially could hit a new record in 2022 – despite efforts to bring down fossil fuel consumption to mitigate climate change. Gasoline and diesel use surged this year as consumers resumed travel…Continue Reading

Global Covid Caseload Tops 265.8 Million, Deaths Touch 5.25 Million

The global coronavirus caseload has topped 265.8 million, while the deaths have surged to more than 5.25 million and vaccination to over 8.17 billion, according to Johns Hopkins University.In its latest update on Monday morning, the University’s Center for Systems Science and Engineering (CSSE) revealed that the current global caseload and the death toll stood…Continue Reading

Global tech outsourcing expected to grow 20% annually over the next decade

SynopsisTalent deficit to remain highGetty ImagesTechnology outsourcing is expected to grow by around 20% annually over the next decade as companies across the world step up digital transformation initiatives and renew existing contracts with IT vendors, experts told ET. IT companies have been on a massive hiring spree to meet a talent crunch for these…Continue Reading

CII Global Economic Policy Summit 2021: India’s RTI laws are strong, says Piyush Goyal

Union Minister of Commerce and Industry Piyush Goyal speaking at the CII (Confederation of Indian Industry) Global Economic Policy Summit 2021 said, “India is proud of following rules to the tee, with everything done transparently in public domain So much so that our system allows for anyone to pay just Rs 10 to take out…Continue Reading