In a significant development, international banks in the UAE, including Deutsche Bank AG, Societe Generale SA, JPMorgan Chase & Co, are changing their work days from Monday to Friday. The move aligns working hours of international banks with those of most… Read More ›
Russia’s Interfax news agency has reported a blast at the Russian factory of carmaker AvtoVaz in the city of Tolyatti citing a source. AvtoVaz was quick to downplay the incident saying it has had no impact on production. “On Sunday… Read More ›
In a statement Israeli Prime Minister Naftali Bennett stated, the country is in the midst of a fifth COVID-19 wave as he urged citizens to step up vaccination and to take precautions such as working from home. In a televised… Read More ›
Officials in China are seeking to prohibit online brokerage firms like Futu Holdings Ltd and UP Fintech Holdings Ltd from providing offshore trading services to mainland clients, the latest development in a comprehensive regulatory crackdown that has roiled a wide… Read More ›
Pfizer Inc. warned on Friday that the Covid-19 pandemic will not be over until 2024, and that a lower-dose version of its vaccine for children aged 2 to 4 years old produced a weaker immune reaction than anticipated, possibly postponing… Read More ›
According to sources familiar with the matter at hand, Oracle is in talks to acquire electronic medical records company Cerner in a deal valued at $30 billion. The potential deal could bring Oracle a raft of health data to train and improve… Read More ›
On Friday, in a statement Japan’s Mitsubishi Corp said, Katsuya Nakanishi, its executive vice president who is also the chief of its power business will now head the company as of April 1, 2022. Mitsubishi’s current president Takehiko Kakiuchi will become… Read More ›
On Friday, in a statement the European Commission said, it is scheduled to make legal changes aimed at easing the transport of medicines from Britain to Northern Ireland. The move could release the build up of pressure over EU-UK ties… Read More ›
In a statement Social media giant Reddit said, it had filed a confidential proposed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). Reddit, known for its message boards that became the go-to destination for… Read More ›
In a statement Novartis AG said, it has launched a new share buyback of up to $15 billion which will end by 2023. Confirming an expected sales growth by 4% through 2026, the Swiss pharma giant said its capital allocation strategy… Read More ›
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