Thursday, 21 January 2021

Business

Nvidia building UK supercomputer to boost corona research

LONDON: U.S. chip giant Nvidia said  it is building Britain’s most powerful supercomputer, which will use artificial intelligence to help researchers solve pressing medical challenges, including those related to COVID-19. GSK and AstraZeneca, which are both involved in coronavirus vaccine research, will be two of the first pharmaceutical companies to ...

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France rakes in 2.8 bn euros from 5G frequency sale

PARIS: France’s mobile operators paid the state nearly 2.8 billion euros for the first block of 5G radio frequencies auctioned off this week, with former state monopoly Orange winning the biggest share, the Arcep telecoms regulator said. The agency put 11 unused frequency “blocks” on sale, with the aim of ...

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Former Audi chief on trial in Volkswagen’s scandal

FRANKFURT: The former head of Volkswagen’s Audi luxury car division and three others went on trial Wednesday on charges related to the company’s cheating on diesel car emissions tests. The proceedings represent the first criminal trial in Germany over the scandal that erupted five years ago and has cost the ...

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Virgin Atlantic to operate direct flights between Pakistan, UK

LONDON: The federal cabinet on Tuesday allowed Virgin Atlantic to operate flights between Pakistan and London, a statement from the information ministry said. The airline earlier had also announced that it would be operating flights between Pakistan and London beginning December, and the booking of seats to start from September. ...

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US Judge blocks Trump govt’s ban on TikTok

WASHINGTON: TikTok won a last-minute reprieve as a US federal judge halted enforcement of a politically charged ban ordered by the Trump administration on downloads of the popular video app, hours before it was set to take effect. District Judge Carl Nichols issued a temporary injunction at the request of ...

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UK’s post-lockdown recovery loses steam as household demand weakens

LONDON: Britain’s recovery from the coronavirus lockdown lost some momentum this month, a business survey showed, as consumer-facing sectors suffered from the end of a government subsidy to support restaurants and more general COVID-related worries. The IHS Markit/CIPS flash composite Purchasing Managers’ Index (PMI) dropped to a three-month low of ...

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Airbus Proposes Planes Fueled by Liquid Hydrogen

LONDON: Airbus is showing three concepts for “the world’s first zero-emission commercial aircraft which could enter service by 2035.” They all run on hydrogen, which Airbus calls a clean aviation fuel. According to the press release: “’These concepts will help us explore and mature the design and layout of the world’s ...

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UK planning to ban sale of fossil fuel vehicles from 2030

LONDON: The UK Government is expected to bring forward its ban on new fossil fuel vehicles by ten years in order to accelerate the rollout of electric cars in the UK. MPs last week urged the Prime Minister to move the sales ban to 2030 in order to help the ...

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US court halts ban on WeChat

NEW YORK: A US judge on Sunday blocked the government’s ban on WeChat downloads, hours before it was due to take effect in an ongoing technology and espionage battle between Washington and Beijing. The Trump administration had ordered a ban on downloads of the messaging platform WeChat as well as ...

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