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 ›
Month: December 2020
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 ›
High Risk Of Covid-19 Infection From Eating Out, Warn French Researchers
According to a study done by French researchers, the risk of contracting the Covid-19 virus gets increased for people who spend time in a bar or restaurant. This warning was issued by the researcher on Thursday, and added that a… Read More ›
Chinese Official Suggests Bank Tie-Ups With Fintech Platforms Could Be Restricted By Beijing
A restriction on the number of banks that a single fintech platform can partner with could be imposed by Chinese authorities, said the country’s former finance minister Lou Jiwei. That measure could be taken up to not allow any such… Read More ›
A No-Mask Selfie Fine Of $3,500 Slapped On Chile’s President Sebastián Piñera
A fine of $3,500 was imposed on the president of Chile, Sebastián Piñera, for charges of posing and posting a selfie without a facemask on him which was in violation of novel coronavirus pandemic rules of the country. An apology… Read More ›
Dozens Of Chinese Firms, Including SMIC And DJI, Named In US’s Trade Blacklist
The top Chinese chipmaker SMIC and Chinese drone manufacturer SZ DJI Technology Co were among the dozens of Chinese companies that the United States government added to its trade blacklist on Friday in the latest measure implemented by the US… Read More ›
More Than 40 Organizations Victims Of Massive Cyber Breach Identified By Microsoft
More than 40 customers of Microsoft across the world have been identified by the software giant that had been installed with the problematic versions of a third-party IT management program and that were particularly targeted by a hacking campaign of… Read More ›
Coke’s Pandemic Induced Restructuring To Result In 2,200 Job Losses Globally Worldwide
A restructuring plan that is soon to be implemented by the global soft drinks giant Coca Cola will see a reduction of about 2,200 jobs in its global workforce. The novel coronavirus pandemic has already hit the business of the… Read More ›