According to a post in China’s securities website, U.S.-based asset manager AllianceBernstein’s Hong Kong unit has applied to set up a mutual fund in China. The website of China’s Securities Regulatory Commission shows that application documents from AllianceBernstein Hong Kong… Read More ›
On Monday, oil giant Saudi Aramco stated, ahead of its launch of its U.S. dollar-denominated bond issuance, it has hired a group of banks, in a stock exchange filing. Saudi Aramco, the world’s biggest oil company is aiming to raise capital… Read More ›
According to a filing in a Chinese court, the Chinese JV partner of BMW, Brilliance Automotive Holdings, stated, its parent, Huachen Automotive Group, may undergo restructuring following a creditor approaching a Chinese court to recover sums. Huachen is owned by… Read More ›
On Monday, Australia’s stock exchange halted trading following a security issue. 20 minutes after opening on Monday Australia’s stock exchange experienced issues with market data. Trading is set to resume on Tuesday at 10 a.m., said bourse operator ASX Ltd…. Read More ›
On Monday, in a news bulletin Bloomberg News stated citing anonymous sources, Nissan Motor is looking to divest some or all of its 34% stake in Mitsubishi Motors. The move is likely to reshape Nissan Motor’s three-way alliance which includes… Read More ›
According to Gordon Brown, the former British Prime Minister, the international goal of eradicating extreme poverty by 2030 is currently under crisis after decades of making progress. Brown said that health and education systems have been sacrificed by developing countries… Read More ›
One of the creators of a Cvodi-19 vaccine has said that there would be significant impact on the lives of people of the new Covid-19 vaccine over summer and by winter next year, life should be back to normal. Since… Read More ›
If technology companies do not heed European Union regulations, the regulators of bloc could ban the services of such companies from Europe, warned Europe’s industry chief Thierry Breton during an interview to the German weekly Welt am Sonntag, The European… Read More ›
New regulations designed to protect the best and brightest companies of the United Kingdom from being acquired by companies of other, potentially hostile, countries were introduced by the UK government this week. But given two of Britain’s most innovative companies… Read More ›
A new report from price comparison website Money.co.uk has claimed that a surge in vehicle emissions would result because of the Black Friday shopping event. Online sale of retail was boosted by the Covid-19 pandemic induced lockdowns and it is… Read More ›
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