The banning of hauliers carrying freight across the English Channel amid fears over the new coronavirus strain by France could result in shortages of lettuce, broccoli and citrus fruit during the festive seasons, the grocery giant Sainsbury’s has warned. Even… Read More ›
Day: December 21, 2020
Scotland Generated Renewable Energy Enough To Meet 90% Of Electricity Demand
Latest figures show that last year, enough electricity from renewable sources was generated in Scotland which was enough to meet about 90.1 per cent of the total energy consumption. There was an increase of 13.4 per cent in electricity generated… Read More ›
$11.7 Billion Raised Via US IPOs This Year By China-Based Firms, The Highest Since 2014
Despite tensions between the United States and China, investors of the US stock markets showed affinity for Chinese companies and which reached a six year high in 2020. According to a recent report from Renaissance Capital, so far this year,… Read More ›
Questions About Converting ‘Large Transactions’ To Bitcoin Asked By Tesla’s Elon Musk
Founder and chief of the United States based electric car maker Tesla’s Elon Musk inquire about the possibility of transforming the “large transactions” of Tesla Inc’s balance sheet into bitcoin as reported by the media based on a Twitter exchange… Read More ›
Norway announces travel restrictions on Britain following discovery of COVID-19 strain
In a statement on Monday, Norway’s health minister said, Flights from Britain to Norway will be suspended with immediate effect for a minimum of 48 following the discovery of a new strain of the coronavirus. On Saturday, British Prime Minister… Read More ›
Companies that do not comply to U.S. auditing standards will be debarred from U.S. Stock Exchanges
On Monday, in a statement China said it firmly opposes U.S. President Donald Trump’s bill that would remove any Chinese companies from U.S. stock exchanges unless they adhere to U.S. auditing standards. Chinese companies have tapped the lucrative U.S. stock… Read More ›
Lockheed Martin Corp acquires rocket engine manufacturer Aerojet Rocketdyne Holdings Inc for $4.4 billion
In a statement Lockheed Martin Corp said, it has agreed to acquire U.S. rocket engine manufacturer Aerojet Rocketdyne Holdings Inc for $4.4 billion, including debt and net cash. The deal marks Lockheed’s biggest acquisition since its CEO Jim Taiclet became… Read More ›
Italian broadcaster Mediaset presses ahead with plan to create pan-European TV champion
On Monday, the CEO of Italian broadcaster Mediaset stated, it plans on creating a pan-European TV champion regardless of whether it can strike a deal to settle a dispute with its second-largest shareholder Vivendi. “We want to go ahead with… Read More ›