Author Archives
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Lebanon’s central bank under forensic audit: Lebanese President Michel Aoun
On Thursday, in a tweet, Lebanese President Michel Aoun said, Alvarez & Marsal has begun a forensic audit of the Lebanon’s central bank. The tweet indicates a fresh thrust for Lebanon in its efforts to secure foreign aid midst a… Read More ›
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Activision Blizzard fires 20 employees, 20 more facing disciplinary action
In a statement Activision Blizzard Inc said, it had fired more than 20 employees following allegations of discrimination and sexual harassment at the workplace; 20 more individuals are also facing some forms of disciplinary action. In a letter to employees, Activision… Read More ›
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Australia’s second biggest lender Westpac Banking Corp to launch zero interest digital credit card
In a statement Westpac Banking Corp said, it plans on launching a digital credit card with zero interest aimed at primarily young customers, in an effort to tap into fast and efficient payment services. Westpac, Australia’s second-biggest lender, said customers can… Read More ›
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Foxconn to produce EVs in Europe, India and Latin America
In a statement Foxconn’s chairman Liu Young-way said, it is looking to produce electric vehicles (EVs) in India, Europe and Latin America, and “indirectly” cooperate with German automakers. Foxconn, aims to become a major player in the global EV market,… Read More ›
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British foreign minister Liz Truss to pursue trade deal with Gulf countries in her visit to Saudi Arabia and Qatar
British foreign minister Liz Truss will be travelling to Qatar and Saudi Arabia this week to pursue a potential trade deal with Gulf countries as well as to deepen diplomatic ties. During her visit, Truss will meet her Saudi counterpart… Read More ›
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China tightens oversight of news sources in increased regulatory crackdown
On Wednesday, China’s top internet regulator, the Cyberspace Administration of China (CAC), published an updated list of 1,358 internet news services, saying information service providers are only permitted to reprint news from them. The development comes midst a regulatory crackdown… Read More ›
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Amazon.com Inc bumps up hiring during crucial holiday shopping season
In a statement Amazon.com Inc said, it plans to hire at least 150,000 seasonal workers in the U.S. during the holiday period. The development marks the world’s largest online shopping giant preparing for the upcoming shopping season which is typically… Read More ›
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VW’s deliveries of battery operated vehicles in China more than triple
In a statement Volkswagen said, deliveries of battery-powered electric vehicles to China have more than tripled in the first nine months of 2021. For the January to September period, deliveries of battery electric vehicles (BEV) stood at 47,200 up from… Read More ›
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International travelers with mixed WHO/FDA-approved COVID19 doses will be permitted to enter US: CDC
Late on Friday, in a statement the U.S. Centers for Disease Control and Prevention (CDC) said, international travelers who have taken a mixed-dose coronavirus vaccines will be permitted to enter the country. Last week, the CDC had said, it would… Read More ›
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Poland to provide $380M in subsidies midst hike in energy prices
On Friday, in a statement Polish Climate Minister said, Poland will provide an additional $380 million (1.5 billion zlotys) subsidies to consumers following a hike in energy prices. Benchmark European gas prices have risen sharply following tightening of gas supplies… Read More ›
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