Friday, March 29News That Matters

Day: April 14, 2021

Huawei: Optimizing portfolio to boost business resilience

Huawei: Optimizing portfolio to boost business resilience

FEATURED, Latest News, NEWS, TECH
Eric Xu, Huawei's Rotating Chairman said Huawei is optimizing its portfolio to boost business resilience to cope with the uncertainty brought by geopolitical tension, the resurgence of COVID-19, and US bans. Eric Xu made the statement when delivered a keynote speech at the company’s 18th Global Analyst Summit. More than 400 people, including industry and financial analysts, key opinion leaders, and media representatives joined the 3-day event runs April 12 to 14 with the theme "Building a Fully Connected, Intelligent World".  “Business resilience is our guiding principle. We want to boost the resilience of our entire business, and since last year we have been working to optimize our portfolio with this goal in mind,” said Eric Xu. Huawei’s 2020 Annual Report shows the compan...
Egypt impounds Evergreen giantship over compensation claim

Egypt impounds Evergreen giantship over compensation claim

FEATURED, Latest News
Authorities in Egypt have impounded a giantship that blocked the Suez Canal and crippled world trade for nearly a week in the face of a financial dispute with its owner. Suez Canal Authority (SCA) chief Lieutenant General Osama Rabie said on Tuesday the hulking Ever Given would not be allowed to leave the country until a compensation amount was settled with the vessel’s Japanese owner, Shoei Kisen Kaisha Ltd. “The vessel is now officially impounded,” he told Egypt’s state-run television late on Monday. “They do not want to pay anything.” Yumi Shinohara, deputy manager with owner Shoei Kisen’s fleet management department, confirmed the canal had made a compensation claim but gave no further details. The protection and indemnity insurer for the Evergreen said in a statement Egyp...
COVID 19 Johnson & Johnson Vaccine, stopped in South Africa due to blood clots that have claimed lives

COVID 19 Johnson & Johnson Vaccine, stopped in South Africa due to blood clots that have claimed lives

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The South african government has suspended giving Johnson & Johnson vaccine shots as a precautionary measure for covid 19.  South Africa has so far given more than 289,000 doses of the J&J vaccine to the country’s health workers without any reports of rare blood clots, Health Minister Dr. Zweli Mkhize told reporters. Mkhize said that the J&J vaccines are permanently halted, South Africa will  continue with its vaccination campaign in May using doses from Pfizer-BioNTech. The move came after regulators in the United States said they were recommending a pause in the single-dose shot to investigate reports of rare but potentially dangerous blood clots. In February, South Africa began vaccinating health workers with the J&J vaccine in a research trial...