Business – Page 6 – THE OVAL CIRCLE

Global supply chain issues to ease on news from Southeast Asia

Posted on November 12, 2021November 12, 2021By Editor

As the Covid-19 pandemic subsides across Southeast Asia, numerous factories and manufacturers in the region are on course to rapid recovery after months of production cuts that put a strain on global supply chains. … Read More >Global supply chain issues to ease on news from Southeast Asia

Shows

Desperate companies lower bar to replace vanishing workers

Posted on November 10, 2021November 10, 2021By Editor

Tens of thousands of medical workers at Kaiser Permanente are striking for a one percent raise. Instead of meeting their demands, the company is hiring ununionized workers, or “scabs.” RT America’s Faran Fronczak explains how the “two tier pay” cherished by so many US companies gaslights unionized workers into accepting pay cuts and hardship while the managerial class rakes in more money than ever before at levels scarcely imaginable to ordinary working people … Read More >Desperate companies lower bar to replace vanishing workers

Russia

‘Russian gold’: Putin’s iconic Aurus limousine examined in new RT documentary

Posted on November 7, 2021November 7, 2021By Editor

Vladimir Putin has been using a state-of-the-art Russian-made presidential limousine since 2018, and a new … Continue Reading‘Russian gold’: Putin’s iconic Aurus limousine examined in new RT documentary

Business

Apple gets hit with chip shortage, starts cannibalizing iPads – reports

Posted on November 5, 2021November 5, 2021By Editor

US tech giant Apple has cut its iPad output by half in order to use semiconductor chips, which are currently in short supply, for its iPhone 13 production, media reports state, citing company sources. … Read More >Apple gets hit with chip shortage, starts cannibalizing iPads – reports

World

Pivoting from Russia to West has cost Kiev BILLIONS, Ukraine’s ex-economy minister says

Posted on November 3, 2021November 3, 2021By Editor

When Ukraine decided to reorientate towards the West in 2014, it lost billions of dollars in exports to Russia. Seven years later, despite close ties with the EU and the US, Kiev still hasn’t been able to replace the lost income. … Read More >Pivoting from Russia to West has cost Kiev BILLIONS, Ukraine’s ex-economy minister says

USA

‘That’s what getting everybody vaccinated is all about’: Buttigieg admits US supply chain issues won’t end until pandemic does

Posted on November 1, 2021November 1, 2021By Editor

US Transportation Secretary Pete Buttigieg predicted on Sunday that supply chain issues plaguing multiple industries at the moment are going to continue as long as the coronavirus pandemic does. … Read More >‘That’s what getting everybody vaccinated is all about’: Buttigieg admits US supply chain issues won’t end until pandemic does

Facebook to hire 10,000 ‘right people’ in EU to realize its vision of ‘metaverse’

Posted on October 18, 2021October 18, 2021By Editor

Facebook has announced a massive recruitment drive in the EU, with plans to hire 10,000 people in the next five years to help build its ‘metaverse,’ an interconnected virtual world where people would play, work and shop. … Read More >Facebook to hire 10,000 ‘right people’ in EU to realize its vision of ‘metaverse’

Business

The world will not shake off chip shortage for another 2 to 3 years – China’s Hisense

Posted on October 17, 2021October 17, 2021By Editor

The global chip shortage is here to stay, at least for another two to three years, the president of Hisense, one of China’s largest TV and household goods makers, says. … Read More >The world will not shake off chip shortage for another 2 to 3 years – China’s Hisense

German state allows ALL businesses to ban unvaxxed customers, even for groceries & other essentials

Posted on October 16, 2021October 16, 2021By Editor

The German state of Hesse has become the first to allow businesses to deny the unvaccinated access even to basic necessities, setting a troubling precedent as its neighbors wrestle with protests against vaccination mandates. … Read More >German state allows ALL businesses to ban unvaxxed customers, even for groceries & other essentials

Business

India wants Russia to be major importer of Darjeeling tea, like it was back in the USSR

Posted on October 11, 2021October 11, 2021By Editor

The tea producers in India’s Darjeeling municipality would love Russia to become their key importing customer again, Darjeeling Tea Association Principal Advisor Sandeep Mukherjee told TASS. … Read More >India wants Russia to be major importer of Darjeeling tea, like it was back in the USSR