In a statement the U.S. Federal Communications Commission (FCC) said, it has approved a petition which allows foreign investors to exceed the current 25% foreign investment cap in iHeartMedia Inc. In 2018, the company had filed for bankruptcy and in… Read More ›
According to sources briefed on the matter at hand, the U.S. State Department has notified the U.S. Congress on its plans to sell 18 sophisticated armed MQ-9B aerial drones to the United Arab Emirates in a deal worth $2.9 billion…. Read More ›
With U.S. President Donald Trump calling his lawyers to shore up his re-election prospects, legal experts opine that the lawsuits are likely to have little impact on changing the outcome but could cast doubts on the process. With Trump’s path… Read More ›
In a statement Nestle, the world’s biggest food group, said, Purina, its line of pet food is using insects, as the company tests the waters for more environmentally sustainable protein sources. The development sees Nestle joining the more eco-friendly and… Read More ›
In a statement Michel Barnier, the European Union’s top Brexit negotiator said, “very serious divergences” continues to remain in trade talks with Britain suggesting that it would be better off for the bloc to accept disruptions in commerce in the… Read More ›
In a statement, Illinois-based Allstate Corp’s CEO Tom Wilson said, in the event the Joe Bidden wins the elections, he wants the Biden Administration to back a taxpayer-funded program that would pay for the losses it incurred because of climate… Read More ›
According to official economic data, Indonesia, Southeast Asia’s biggest economy, has fallen into a recession during the third quarter, for the first time in more than two decades following the coronavirus ravaging its business activity. According to statistical data, Indonesia’s… Read More ›
Regardless of who wins the U.S. 2020 elections, some investors have welcomed the prospects that either of the two candidates would most likely face some opposition in the U.S. Congress that would be a barrier to bringing about sweeping changes… Read More ›
Most recent economic data from the United Kingdom showed slowing growth for the dominant services sector last month which has made analysts predict a double-dip recession for the British economy this winter. A recovery over the summer stalled in October… Read More ›
A London-based blockchain analysis firm Elliptic has claimed that almost $1 billion worth of bitcoin tha have possible links with the Silk Road online black market is on the move. In 2013, the United States authorities closed down Silk Road… Read More ›
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