Continuing the gradual processing of re-opening its stores, late on Sunday Apple Inc said, it plans on reopening more than 25 of its branded stores in the United States later this week, in a development that will see Cupertino open… Read More ›
Month: May 2020
Blackstone’s shale oil venture Gavilan Resources LLC files for Chapter 11 bankruptcy
Late on Friday, Blackstone Group’s Gavilan Resources LLC filed for Chapter 11 bankruptcy citing oil price collapse and a bitter legal battle with a partner. Formed following the $2.3 billion acquisition of Texas shale oil properties in 2017, Gavilan listed… Read More ›
Internet Giants In Indonesia Will Need To Pay VAT Starting July
Starting July, big internet companies will need to pay value-added tax on sales of digital products and services in Indonesia. Analysts say that this move could be followed up by other countries as countries try to find out ways and… Read More ›
Both The UK And The EU Should Concede Grounds In Brexirt Talks, Urges Both Parties
After the latest round of negotiations between the United Kingdom and the European Union over post Brexit deals yielding little results, both the parties have urged that each one should conceded some ground in the negotiations for r a trade… Read More ›
Coronavirus Hit To Chinese Economy Results In Higher Unemployment In The Country
The challenge that the Chinese economy faces from staging a complete recovery of its economy from the hit of the novel coronavirus pandemic became evident when figures came to the forefront that the rate of unemployment in the second largest… Read More ›
New French Law Requires Social Media Platforms To Remove Some Certain Contents Within An Hour
Social media companies in France will now be fined if they fail to remove some particular illegal content within 24 hours – and in some specific cases, within just one hour, according to a new controversial hate speech law that… Read More ›
US Is Facing Its ‘Darkest Winter’, Says ‘Ousted’ Vaccine Expert Rick Bright
The United States could face its “darkest winter in modern history” because of the coronavirus, a former top US health official has told Congress. Rick Bright was removed from his post last month after he had led the government agency… Read More ›
Australia’s second largest bank admits to non-compliance to money laundering counter terrorism laws
On Friday, in a defense filing in Federal Court, Australia’s Westpac Banking Corp admitted that in a number of cases, it has failed to comply with anti-money laundering and counter terrorism laws. Westpac Banking Corp, Australia’s second largest bank admitted… Read More ›
Experts Predict Bankruptcy Of Many Football Clubs In Europe
Analysts watching the evolving economic impact of the novel coronavirus pandemic and the sports world say that bankruptcy could hit many football clubs around the world. The pandemic has resulted in significant loss to commercial revenue for clubs all across… Read More ›
32.1% Drop In Japan’s Current Account Surplus In March Due To Pandemic
The impact of the novel coronavirus pandemic on the global economy has resulted in Japan losing out 32.1 per cent of its current account surplus in the month of March due to a slump in export and travel restrictions, said… Read More ›
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