Author Archives
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Deutsche Bank hires Olivier Vigneron as chief risk officer
In a statement Deutsche Bank said, it has hired Olivier Vigneron as its chief risk officer from France’s Natixis. The announcement marks the second major personnel hiring: earlier last week on Friday, it had announced the nomination of Dutch businessman Alexander… Read More ›
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Saudi Arabia warns of imminent danger to navigation in Red Sea from Iran-backed Houthi forces
On Monday, in a statement Saudi Arabia’s state media reported, it has detected the movement of Houthi forces which pose an imminent danger to navigation and global trade, south of the Red Sea. The Saudi-led coalition fighting the Iran-backed Houthi… Read More ›
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UK to host G7 and ASEAN ministers from Dec 10 to 12
In a statement on Monday, Britain said, it will host foreign and development ministers from the G7 and from the Association of Southeast Asian Nations (ASEAN) at a summit in Liverpool from December 10 to December 12. The summit will… Read More ›
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Vietnam eases restrictions on fully vaccinated foreign tourists, eyes full reopening of the industry from June 2022
Vietnam has allowed the entry of foreign tourist into the country with two hundred vaccinated foreign tourists arriving in its beach-fringed island of Phu Quoc. The arrival marks the first wave of international tourists to the country in nearly two… Read More ›
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Australia eases international travel for fully vaccinated travelers from Dec 1, 2021
On Monday, Australian Prime Minister Scott Morrison said, international tourists will be able to enter Australia from December 1; the development marks the restart of international travel to the country, boosting its economy. In May 2020, Australia shut its international… Read More ›
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Ferrari unveils long awaited high octane Daytona SP3
Ferrari has unveiled a new high octane model – the Daytona SP3, which brings to an end a long wait by lovers of its Icona-series cars. However what could potentially disappoint them is the fact it is an electric vehicle. Housing… Read More ›
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Employees are encouraged to raise concerns internally or externally: Apple Inc
In a statement Apple Inc has told its employees that it is willing to discuss wages, number of working hours and working conditions. The development comes at a time when striking employees are pushing Apple to do more to ensure… Read More ›
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Pentagon awards Lockheed Martin, Northrop Grumman, Raytheon to develop missile defense system against hypersonic weapons
In a statement the Pentagon said, it has chosen Lockheed Martin, Northrop Grumman and Raytheon to develop a missile defense system that can protect the United States against hypersonic weapons. The three defense giants have been awarded separate contract agreements totaling to… Read More ›
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JPMorgan agrees to pay $60M to settle class action lawsuit in spoofing precious metal prices
JPMorgan Chase & Co has agreed to pay $60 million to settle a class-action lawsuit by investors who accused it of intentionally manipulating the prices of precious metals futures and options. The settlement comes in the wake of a U.S. government… Read More ›
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Saudi Arabia, Foreign Ministry, the Kingdom, reopened, embassy, Somalia, Somalian, capital, Mogadishu,
In a statement Saudi Arabia’s Foreign Ministry stated, the Kingdom has reopened its embassy in the Somalian capital of Mogadishu. Earlier this year in June, a Saudi diplomatic delegation visited Somalia and discussed preparations for reopening the embassy. Saudi Arabia’s… Read More ›
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