SoftBank Group Corp is in talks to sell the Paris-based robotics business behind its Pepper android to Germany’s United Robotics Group, according to sources and documents reviewed by Reuters, scaling back a business it once touted as a major growth driver.
India has administered more than 1 billion doses of Covid vaccine doses since starting its ambitious vaccination program in January. Government data showed 708 million people, or around 75% of the eligible population, received at least one dose of vaccine while 30% are now fully inoculated against the disease.
Labor shortages are forcing British businesses to hike wages to compete for workers, with Amazon offering joining bonuses of up to £3,000 ($4,140) in the run up to the festive period. The e-commerce giant is currently advertising a number of positions around the U.K. that come with hefty cash bonuses.
Xiaomi shares in Hong Kong jumped over 5% on Tuesday. Chinese smartphone Xiaomi is expecting to mass produce its own electric vehicles in the first half of 2024, its CEO Lei Jun said on Tuesday. The comments were made during the company’s investor day and confirmed later in a post by the CEO on China’s Twitter-like service Weibo.
Bitcoin: Nayib Bukele, the crypto-supporting President of El Salvador, revealed that more US dollars are being poured in to be exchanged for Bitcoin. Asking local media outlets to investigate and confirm the development, Bukele tweeted that Salvadorans are “inserting way more USD than what they are withdrawing from the Chivo ATMs”.
Crude oil prices hit their highest level in years on Monday as demand recovers from the COVID-19 pandemic, boosted by more custom from power generators turning away from expensive gas and coal to fuel oil and diesel.
Ireland’s Data Protection Commission (DPC) has proposed fining Facebook up to EUR 36 million (roughly Rs. 310 crores) in one of more than a dozen probes it has opened into the social media giant, according to a draft decision published by the complainant.