For the first time in its history in 2020, the use of renewable energy sources for generating electricity in the European Union overtook its use of fossil fuel with new projects coming online and a deliberate reduction of use of… Read More ›
Day: January 26, 2021
Biggest IPO Since Pandemic Could Be Launched By Tiktok’s Rival In China – Kuaishou
A rival of the Chinese version of TikTok is reportedly getting readu to launch an initial public offering which is expected to be the largest IPO of the world since the beginning of the novel coronavirus pandemic. The Beijing based… Read More ›
Founder of SoftBank-backed Roivant Sciences steps down as CEO
Matt Gline, the founder of SoftBank-backed Roivant Sciences, a biotechnology company, said he will be stepping down from the office of the chief executive officer. The company’s Chief Financial Officer (CFO) Vivek Ramaswamy will step into the role of executive… Read More ›
World’s biggest vaccine maker to supply 3 million AstraZeneca COVID-19 vaccine dose to Saudi Arabia
In a development that sees India playing a larger role towards mitigating threats from the coronavirus that emerged from Wuhan, China, the Serum Institute of India (SII), the world’s biggest vaccine maker has signed a supply deal with Saudi Arabia… Read More ›
New Zealand upgrades FTA with China
In a development that sees China leveraging its trade leverage against a former five eye country, Beijing has signed a free trade agreement with New Zealand allowing the island nation export opportunities to the China’s market where state-backed have an… Read More ›
Robert Hale of U.S. hedge fund ValueAct Capital nominated as outside director at Japanese chip and display material maker JSR Corp
In a statement, Japanese chip and display materials maker JSR Corp stated, it would nominate Robert Hale, a partner at U.S. hedge fund ValueAct Capital, to be an outside director. In early 2020, ValueAct Capital became a major shareholder in… Read More ›
Outbreak of COVID-19 variant in northern China will impact industrial production
On Tuesday, alleviating industry concerns that the new variant of the coronavirus disease that has been surging in northern China, Huang Libin, an official from China’s Ministry of Industry and Information Technology said, the outbreak will have an impact on… Read More ›
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