On Monday, France’s Axa posted a 180% surge in its first quarter net income even as the French insurer rebounded from a spike in pandemic-related claims that led to a $1.8 billion (1.5 billion euro) charge in 2020. In a statement… Read More ›
In July, factory activity in India surged on the back of heightened domestic demands and export order. The development sees an increase in job creation for the first time since the onset of the Coronavirus-induced COVID-19 pandemic. According to a… Read More ›
According to the terms of preliminary settlement filed before U.S. District Judge Lucy Koh in San Jose, California, Zoom Video Communications Inc has agreed to pay $85 million to settle a lawsuit which alleged claimed that it violated users’ privacy… Read More ›
On Friday, in a statement Allianz said, its local Chinese asset management business has received regulatory approval, marking the first wholly foreign-owned insurance asset management company in the country. Foreign financial institutions are eager to expand their onshore footprint in… Read More ›
There was a 99.7 per cent year on year drop in car manufacturing in Britain in the month of April because of the novel coronavirus related shutdowns. According to the industry body, Society of Motor Manufacturers and Traders (SMMT), the… Read More ›
One provides the canvas, the other produces the artwork. For two years now, the two companies have merged their operations, thus providing each other with new technological tools. In an industry where technological advance is key, the alliance between the… Read More ›
On Monday, France’s Axa posted a 180% surge in its first quarter net income even as the French insurer rebounded from a spike in pandemic-related claims that led to a $1.8 billion (1.5 billion euro) charge in 2020. In a statement… Read More ›
In July, factory activity in India surged on the back of heightened domestic demands and export order. The development sees an increase in job creation for the first time since the onset of the Coronavirus-induced COVID-19 pandemic. According to a… Read More ›
According to the terms of preliminary settlement filed before U.S. District Judge Lucy Koh in San Jose, California, Zoom Video Communications Inc has agreed to pay $85 million to settle a lawsuit which alleged claimed that it violated users’ privacy… Read More ›
In a statement Hudson Pacific Properties and Blackstone said, they plan on creating a major film, TV and digital production complex in Broxbourne, UK. The development marks the first overseas expansion of their Sunset Studios platform. The two companies had… Read More ›
An inadvertent firing up of the engines of a newly arrived Russian module destabilised the International Space Station (ISS) kin a recent incident. “Mission control teams corrected the action and all systems are operating normally,” United States space agency Nasa… Read More ›
Billions of dollars is still needed to be spent by Amazon.com Inc for expansion of its warehouses and its delivery systems. However that could put more pressure on the company’s shares which dropped by 7 per cent on Friday after… Read More ›
The spread of the highly transmissible delta variant of the novel coronavirus could pose a threat to the hard-won gains in fighting Covid-19 that the world has achieved so far, warned the World Health Organization on Friday but added that… Read More ›
Following expectation beating revenues for the first six months of the current year, Italian fashion group Prada forecast continued growth in sales for the he second half of the year as the luxury brand continued to recover from the hit… Read More ›
The euro zone economy put off a Covid-19 pandemic induced recession in the second quarter as it grew faster than expected with the easing of restrictions and curbs to stop the spreading of infections. However the inflation shot past… Read More ›
On Friday, in a statement Allianz said, its local Chinese asset management business has received regulatory approval, marking the first wholly foreign-owned insurance asset management company in the country. Foreign financial institutions are eager to expand their onshore footprint in… Read More ›
