BNP Paribas’ net profit for the fourth quarter of 2021 exceeded forecasts by analysts, thanks to strong activity in domestic markets, the lender said. For the quarter, the bank’s net income attributable to shareholders was 2.31 billion euros ($2.63 billion)…. Read More ›
Day: February 8, 2022
US And Japan Strike Agreement To Eliminate Steel Tariffs Imposed During Trump-Era
The United States and Japan have come to an agreement to reduce tariffs imposed by Trump on the import of about 1.25 million metric tonnes of Japanese steel imports each year. Under the terms of the agreement, Japan promises to… Read More ›
DOJ charges Chinese company Hytera of stealing intellectual property of Motorola Solutions Inc
In a significant development, the U.S. Justice Department has charged Chinese telecommunications company Hytera of stealing mobile radio technology of an American company. The DOJ has charged Hytera of conspiring to steal US intellectual property of Motorola Solutions Inc. In a partially… Read More ›
Britain, Taiwan, Australia and the US to join EU in opposing China’s coercive trade practices against Lithuania at WTO
In a significant development, Britain is set to join the European Union, the United States and Australia in a trade case against China at the World Trade Organization over Beijing’s alleged trade curbs on Lithuania, in a move aimed at… Read More ›
Pfizer’s surge in revenue triggers potential acquisitions
On Tuesday, investors hope to learn Pfizer Inc’s plans for what could be a once in a generation cash infusion from COVID-19 treatments and vaccines in 2022. Some drugmakers are looking to spend on potential acquisitions. According to Chief Executive Albert… Read More ›
Frontier Group Holdings and Spirit Airlines Inc announce $2.9 billion merger
In a statement budget carriers Frontier Group Holdings and Spirit Airlines Inc announced their merger in a bid to create the fifth-largest U.S. airline in a deal worth $2.9 billion. With the news of the proposal to create a new carrier… Read More ›
US approves $100M sale of military equipment and services for Taiwan
In a statement the Pentagon said, it has approved a potential sale of military equipment and services worth $100 million to Taiwan to “sustain, maintain, and improve” its defense systems. In a statement, the U.S. Defense Security Cooperation Agency said,… Read More ›