Plans for launching of a fully fledged digital platform that will rival not only Facebook but also Google and Apple were revealed by Snap, the company behind Snapchat. The company plans to soon launch an app store and expand its… Read More ›
Day: June 23, 2020
UK Auto Trade Body Says One In Six Jobs In Car Industry At Risk
If the United Kingdom government does not provide a coronavirus support package, one in six jobs in the country’s car industry will be at risk of redundancy, warned an industry body. This was disclosed in a survey conducted by the… Read More ›
Hopes Of Recovery Ignited By Significant Slowing Of Downturn In Euro Zone In June
The economic downturn in the euro zone because of the hit to economic activities by the novel coronavirus pandemic continued to show signs of recovery in June. The latest data released on Tuesday gave a clear indication of the current… Read More ›
India Engaged In Unfair Practices On Charter Flights, Alleges US Transport Department
The Indian government has been accused of being engaged in “unfair and discriminatory practices” on charter air transportation services to and from India by the Transportation Department of the United States on Monday. Making this accusation, the Department has also… Read More ›
Abu Dhabi National Oil Company signs $10 Billion gas infrastructure deal with consortium of investors
On Tuesday, Abu Dhabi National Oil Company (ADNOC) stated, it had signed a $10 billion gas infrastructure deal with a consortium of investors. The deal comes at a time when gas prices are at a low. The pipeline deal is… Read More ›
Sacramento court rules in favor of Bayer in Roundup case
According to a report from Bloomberg, A federal judge in Sacramento, has ruled in favor of Bayer AG and has blocked California from requiring the German-based company to tell consumers that its herbicide Roundup is known to cause cancer. In… Read More ›
BlackRock warming up to European assets
On Tuesday, BlackRock’s Investment Institute stated, it was “warming up” to European assets following what it termed as an “impressive” performance by the Eurozone to tackle the Wuhan coronavirus. The Investment Institute, the research arm of BlackRock, the world’s biggest… Read More ›
Former CEO of Wirecard Markus Braun detained on allegations of inflating the company’s revenues and balance sheet
On Tuesday, Markus Braun, the former Chief Executive of Wirecard has been detained on accusations of make fake entries to boost the company’s balance sheet and revenues to make it appear stronger in order to attractive more customers and investors,… Read More ›
