In a statement Qualcomm Inc said, it will undertake a stock buyback program worth $10 billion with immediate effect. The stock buyback is in addition to its earlier announcement in July 2018, wherein it had said it will further repurchase its… Read More ›
Month: October 2021
Thailand opens up tourism sector for vaccinated visitors from low risk countries
On Tuesday, shares of Thailand’s airlines and hotels rose in early morning trade, following an announcement by the prime minister that from November more vaccinated tourists would be allowed to visit the country. Late on Monda, Prayuth Chan-ocha said mandatory quarantine… Read More ›
Britain boosts naval presence in Asia, midst rising tensions
In a significant development, Britain’s new aircraft carrier the HMS Queen Elizabeth made a pit stop in Singapore as part of a move to boost Britain’s military presence in Asia midst rising tensions in the region. The aircraft carrier led… Read More ›
Emmanuel Macron unveils $35 billion investment plan as part of France 2030 vision plan
On Tuesday, French President Emmanuel Macron unveiled a five-year, $35 billion (30 billion euro) investment plan aimed at providing much needed support to champions of domestic industry and to support innovation. “We must wage the battle of innovation and industrialisation… Read More ›
France, Germany, Ukraine and Russia agree to foreign minister meeting to resolve conflict in Ukraine
In a statement the German Government said, French President Emmanuel Macron and German Chancellor Angela Merkel have had phone calls with their equivalent in Russia and Ukraine and discussed the conflict in Ukraine. All four leaders agreed that their foreign… Read More ›
Unreliable power supply haunts Chinese industries
In signs of a worsening power crisis in China, the country’s largest provincial economy warned of worsening power shortages despite Beijing’s best efforts to boost coal supply and boost electricity production. According to analysts, China’s power crisis is expected to… Read More ›
Honeywell International raises outlook for business jet deliveries from 2022 to 2031
Honeywell International Inc has raised its outlook for business jet deliveries, underscoring the aviation sector’s recovery from the COVID-19 pandemic. The travel industry is gradually recovering following easing of travel restrictions. U.S. based Honeywell International has forecast up to 7,400 new… Read More ›
Michael Linhart appointed as Austria’s ambassador to France
Michael Linhart, Austria’s ambassador to France, has been appointed as the country’s foreign minister. He will succeed Alexander Schallenberg, who has been designated to become Austrian chancellor, as per a statement released on Monday. Linhart, a career diplomat who served… Read More ›
Pro-EU demonstrations rock Poland over Polish court ruling
On Sunday, more than 100,000 Poles demonstrated Sunday in support of European Union membership following a Polish court’s ruling that parts of EU law are incompatible with the constitution raising fears that Poland could potentially leave the bloc. Politicians across… Read More ›
Malaysia left interstate and international travel restrictions for fully vaccinated residents
In a statement Malaysia said, it has lifted interstate and international travel restrictions for fully vaccinated COVID-19 residents. Malaysia has inoculated 90% of its adult population. Malaysian Prime Minister Ismail Sabri Yaakob said, the government has agreed to allow fully… Read More ›