In a statement China’s market regulator said, it has approved Tencent Holdings’ plan to purchase an equity stake in Studio 9, a Chinese animation company. China’s State Administration for Market Regulation made the announcement on its website. Tencent, which already had… Read More ›
Day: August 25, 2021
Healthcare Services Group Inc agrees to pay $6M fine to settle SEC civil charges
In a statement the U.S. Securities and Exchange Commission said, Healthcare Services Group Inc has agreed to pay a $6 million fine to settle civil charges for its alleged failure to account for legal settlements with its employees, which resulted in… Read More ›
Delta Air orders 30 A321neo narrowbody aircraft from Airbus
In a statement Delta Air Lines said, it has ordered 30 A321neo narrowbody aircraft from Airbus. The development comes at a time when the U.S. carrier prepares for a rebound in travel. Following the new orders, Delta Air’s outstanding orders total… Read More ›
Virgin Orbit goes public through merger with blank check company NextGen Acquisition Corp. II
In a statement Richard Branson’s Virgin Orbit said, it is going public through a merger with a blank-check company in a deal valued at around $3.2 billion. The deal is expected to provide $483 million in proceeds to the combined… Read More ›