The drugmaker has begun the process of searching for Philip Hamptonwill’s successor. On Monday, drugmaker GlaxoSmithKline plc stated, Philip Hamptonwill, its chairman will be stepping down from his role. Hamptonwill has been GlaxoSmithKline’s chairman for more than three and a… Read More ›
The move is part of Casino’s debt-financing strategy. On Monday, Casino, a French supermarket retailer, stated it is in the process of divesting assets so as to slash its debts. It aims to sell 26 of its brick-and-mortar stores in… Read More ›
Japan forms part of a list of countries that have been exempted from U.S. economic sanctions on Iran. Countries on this exemption list are allowed to import Iranian oil for another 180 days. On Monday, the governor of Iran’s central… Read More ›
The Financial Time’s report had cited sources and a fund raising document, and stated, Berkshire Hathaway’s geothermal wells could produce up to 90,000 tonnes of lithium a year worth $1.5 billion at current prices. Berkshire Hathaway Energy Co, a unit… Read More ›
OPEC led prices cut along with the release of Chinese refinerery processing data in 2018, led to the peaking of crude oil. On Monday, oil prices recorded the highest peak following the release of data that showed China’s refinery processing… Read More ›
Amazon is being urged by its investors to stop selling its facial-recognition software to government agencies because of concerns among them that such technology can be used to trample rights of people. A group of Amazon shareholders brought together a… Read More ›
If media reports are to be believes, Huawei could soon be banned from another Western market of significance – Germany. Recent reports state that the government in Germany is considering methods that it can use to prevent the Chinese tech… Read More ›
According to a study conducted by data firm Chainalysis, during 2018, bitcoin was used as a mode of payment on the darknet market sites in double the amount that it was used a year earlier. The darknet is a place… Read More ›
Amazon.com has asked British businesses that use its platform for trading to initiate measures so that they would be able to continue trading on the e-commerce platform to the customers in the European Union in the case of a no… Read More ›
With an eye of increasing its presence in the wearable technology industry, US tech and search engine giant Google has announced the acquisition of the smart watch technology of Fossil Group Inc. in a deal that would be worth 40… Read More ›
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