In the hope of reviving sale which has been significantly hit by the Covid-19 pandemic, a new all-digital Watches & Wonders event was launched recently by luxury Swiss watch makers who are usually not known to be big fans of… Read More ›
Day: April 8, 2021
BP Achieves Net Debt Target Of $35 Billion Prior To Its Announced Schedule
Energy group BP said that it has set itself up for delivering on its promise of buying back shares as the company said that in the first quarter of the current year, it had likely brought down its net debt… Read More ›
More Billionaires Now Reside In Beijing Than Any Other City In The World
The latest Forbes’ annual rich list shows that there are more billionaires in the Chinese capital of Beijing than in any other city on the world. The business magazine said that 33 new billionaires were added to the city last… Read More ›
Permanent Work From Home For Thousands Of HSBC And JP Morgan Employees Planned
Thousands of employees of lenders HSBC and JP Morgan are to work from home on a permanent basis – indicating that this trend that was significantly accelerated during the Covid-19 pandemic will potentially continue well after the pandemic is over…. Read More ›
Regulatory framework on climate risk disclosures will act as catalyst for massive green investments: John Kerry
In a statement U.S. climate envoy John Kerry said, a regulatory requirement on companies and financial institutions requiring them to disclose climate change related risks will spark huge investment flow in green capital investments across the world; he went on… Read More ›
Prosus NV sells 2% stake in Tencent Holdings Ltd for $14.7 billion
In a significant development, Tencent Holdings Ltd said, technology investor Prosus NV has sold 2% of its stake for $14.7 billion in what is said to be the world’s largest-ever block trade. In a regulatory filing with the Hong Kong… Read More ›
SEC blocks Amazon.com Inc’s move to stop non-binding racial equity audit
In a significant development, the SEC turned down an exemption sought by Amazon.com Inc to stop its investors from considering a shareholder proposal related to racial equity at its upcoming annual general meeting (AGM). The SEC’s decision comes in the… Read More ›
Twitter tried to acquire Clubhouse for $4 billion
According to a report from Bloomberg citing sources familiar with the matter at hand as saying, in recent months Twitter Inc had held discussions to acquire Clubhouse for $4 billion valuation. Discussions are no longer ongoing, and it is not… Read More ›
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