In a statement, British defence giant BAE Systems said, it has decided to stick to its revenue guidance, with earnings set to grow by 3% to 5% this year over the previous year’s result. It also mentioned that demand for its… Read More ›
Day: November 8, 2021
SoftBank to undertake $8.82 billion share buyback
On Monday, in a statement SoftBank Group Corp said, it would buyback up to $8.82 billion (one trillion yen) of its own stock, equivalent to 14.6% of outstanding stock. The announcement comes after SoftBank completed a record 2.5 trillion yen buyback… Read More ›
Unrealizable production of magnesium by China, adds to headwinds facing automakers
In recent days, European automakers who are already reeling from the global chip shortage have hastened to reassure shareholders that shortages in magnesium do not, for now pose a risk to production plans. Car part suppliers and industry associations have… Read More ›
Discussions at COP26 focus on climate finance
On Monday, Governments are scheduled to push for an agreement to help vulnerable countries deal with global warming and compensate them for damages that have already occurred, in what is likely to be a test whether rich nations and developing… Read More ›
Fully vaccinated travelers can now travel to the United States
On Monday, in the first time in two years, the United States allowed non-US citizens to fly into the country as long as they were fully vaccinated. In 2020, the United States had imposed travel restrictions to stem the spread… Read More ›
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