With the increase in the speed of vaccinations against Covid-19 and the release of a massive relief package by the government that is flowing into the economy, a much stronger growth this year for the United States economy is expected… Read More ›
Day: March 18, 2021
Covid-19 Travel Pass App From IATA To Be Tested On Korean Air Passengers
A trial run by the International Air Transport Association of using a travel pass – which is an app that will contain ample proof that a traveller has had a negative novel coronavirus test result as well as their vaccination… Read More ›
Lumentum Holdings Inc raises takeover offer for Coherent to $6.9 billion
In a statement Coherent Inc said, Lumentum Holdings Inc has raised its offer for the company to $6.9 billion in a three-way takeover battle for the laser firm. Under the terms of the new bid, Coherent shareholders will receive $220… Read More ›
SK Holdings and Zhejiang Geely Holding Group creates new mobility investment fund
On Thursday, South Korea’s SK Holdings Co Ltd said, along with China’s Zhejiang Geely Holding Group Co Ltd it will invest $30 million each into a new mobility investment fund, whose size will reach $300 million in total. The new… Read More ›
Australia’s Westpack Banking Corp to sell its Lenders mortgage insurance business to Arch Capital Group
On Thursday, in a statement Australia’s Westpac Banking Corp said, it has decided to sell its lenders mortgage insurance (LMI) business to Arch Capital Group; the deal sees Arch Westpac becoming an exclusive LMI supplier for the next decade. The… Read More ›
Japan seeing rise of shareholder activism
On Thursday, Toshiba Corp shareholders voted in favor of an independent investigation into allegations of investors being pressured ahead of last year’s annual general meeting. The development could potentially spur more shareholder activism. This is the fourth time a shareholder… Read More ›
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