With the recovery of the United States economy and buoyancy in the financial markets, 2021 is likely to be a year of “record level” of earnings for US banks, said the Institute of International Finance, an industry association. Bank lending… Read More ›
Following a lunchtime sit-in protest on Thursday staged by the workers of its car plant in India’s southern state of Tamil Nadu, Ford Motor Co said it will halt production at the facility. The workers have been protesting to get… Read More ›
According to Microsoft Corp, government agencies, think tanks, consultants, and non-governmental organizations are now being targeted by the group behind the SolarWinds cyber attack whioch was identified last year. “This week we observed cyberattacks by the threat actor Nobelium targeting… Read More ›
The forced grounding of a Ryanair passenger plane in Minsk which has drawn international outrage will be investigated by the United Nations’ International Civil Aviation Organization (ICAO). An initial demand for investigation into the incident was demanded by the United… Read More ›
On Friday, in a statement, Germany’s Economy and Transport ministries stated, Berlin will invest more than $9.74 billion (8 billion euros) in large scale hydrogen projects, in an effort to scale up hydrogen as an alternative to polluting fossil fuels… Read More ›
A Massachusetts judge has rejected Robinhood’s bid to block state regulators from going ahead with enforcing their legal action on allegations that it encourages inexperienced investors to place risky trades without limits. In a ruling Suffolk County Superior Court Judge… Read More ›
A filing by SoftBank Group Corp shows, the company’s borrowings from banks have jumped by 42% in the year ending on March 31, with the increase shouldered by foreign lenders. Borrowing from SoftBank Group’s primary lenders shot up to $46… Read More ›
British Prime Minister Boris Johnson is weighing options which includes a plan for imposing carbon tax on imports from polluting industries in am aim to protect British farmers from foreign rivals. The proposal which initially was targeted at heavy industry,… Read More ›
In a statement social media giant Facebook Inc said, it will resume making donations to U.S. lawmakers but will not support 147 lawmakers who voted against U.S. President Joe Biden’s electoral certification in January. Pending a review of the January… Read More ›
There are still “very large challenges” in the trade and economic relationship between the United States and China that the Biden administration needs to accord attention to across the board, said the US Trade Representative Katherine Tai. She said this… Read More ›
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