A recently released study by United Nations shows that almost one fifth of the total retail turnover last year was accounted for online sale which was because of a boom in e-commerce due to the lockdowns imposed to prevent the… Read More ›
Day: May 5, 2021
PMI Data Shows Strong Growth In Euro Zone Factory Activity In April
A surge in demand has propelled factory activity growth kin the euro zone to a record high in the month of April resulting in a surge in hiring according to a survey, even though there was also an unprecedented rise… Read More ›
Boeing Co faces new electrical grounding issue in best selling 737 MAX
According to two sources familiar with the matter at hand, U.S. air safety officials have asked Boeing Co to submit fresh documentation and analysis showing numerous 737 MAX subsystems would not be affected by electrical grounding issues which were first flagged… Read More ›
Bombardier sells remaining 3.1% stake in Alstom, becomes pure business jet maker
In a statement Canadian business jet maker Bombardier Inc said, it had sold its 3.1% stake in French rail giant Alstom SA for $608.4 million (506.2 million euros) through a book building process to institutional investors. It had acquired the stake as… Read More ›
Jessica Alba co-founded Honest Company Inc raises $412.8 million in IPO
In a statement, actress Jessica Alba founded Honest Company Inc said, it has priced its initial public offering (IPO) slightly above the midpoint of its indicated price range, raising $412.8 million. Late on Tuesday, the company said it had sold 25.8… Read More ›
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