Following the announcement by BNY Mellon that it had constituted a special unit that would help its clients to BNY Mellon, the value of the crypto currency bitcoin surged to a new all-time high on Thursday. The bank said that… Read More ›
Day: February 12, 2021
Surprise Profit Posted By Disney As Its Streaming Subscriptions Grow Strongly
The largest entertainment company of the world Walt Disney Co returned to profits in its latest completed quarter driven by a growth in its Disney+ subscribers as well as lowering of losses at its theme parks which were hit hard… Read More ›
EU Willing To Work With US’s Biden Administration For Settling Trade Spats
The move by the new government of the United States under president Joe Biden to not impose additional tariffs on goods from the European Union as a part of the -running dispute over aircraft tariffs was acknowledged by the EU… Read More ›
Disney reports third quarterly profit, shrugs off pandemic woes
In a pleasant surprise, Walt Disney Co has reported a quarterly profit after “The Mandalorian” and “Soul” lifted growing streaming business, outweighing pandemic concerns over its hobbled theme park operations. Investors overlooked its 53% decline in park revenues in the… Read More ›
French automobile and electronics firm will work together to improve availability of chips in supply chain: French Finance Ministry
In a statement, the French Finance Ministry stated, French companies from the automobile and electronics sectors will collaborate and work together in the near-term in order to improve and fix supply chain glitches that have hit the automotive industry. Carmakers… Read More ›
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