According to a source familiar with the matter at hand, McKinsey & Co, a consulting firm, has agreed to pay $573 million to resolve claims with 43 U.S. states related to its role in the opioid epidemic and advice it… Read More ›
Day: February 4, 2021
Google’s Cloud Business Is Continuing To Make Losses Even As Its Core Business Grows
The cloud business of Google, to which it is currently providing a deeper look, does not seem to be doing well. An operating loss of $1.2 billion for Google Cloud was reported by the company for the fourth quarter of… Read More ›
UK Top Destination For Australian Wine Exports After Chinese Tariff Hike
With crippling additional import duties imposed on Australian wine in China, wine makers in Australia had been trying out new markets and one of the successful markets was that of the United Kingdom. Last year there was 30 per… Read More ›
Bidden Administration reverses Trump Administration’s energy policy: set to restart permission for first major offshore wind farm
In a significant development that sees a reversal of U.S. energy policy, the Biden Administration stated it would restart permitting for the first major U.S. offshore wind farm. The development reverses a Trump administration decision that canceled the process in… Read More ›
British lender NatWest switches to Mastercard debit cards from Visa
British lender NatWest is the latest UK retail and commercial bank to switch to issuing Mastercard debit cards from Visa, in an agreement that includes 16 million consumer and business customer cards. The development sees Mastercard, which has since long… Read More ›
Toyota Motor Corp to build record 9.2M automobiles in 2021
In a report Japan’s the Nikkei newspaper said, Toyota Motor Corp plans on boosting its global production to record high at 9.2 million vehicles in 2021. The automaker has informed its main suppliers of the plan, which reflects sales momentum… Read More ›
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