With British Prime Minister pushing for COP26 to be an in-person event rather than a virtual one, Britain said, it will relax some travel restrictions to help delegates attend the U.N. climate conference in Scotland later this year; this will… Read More ›
Creativity
Berkshire Hathaway-backed Brazilian digital bank Nubank hires bankers for upcoming US IPO
According to a source familiar with the matter at hand, Brazilian digital bank Nubank, which has the backing of Berkshire Hathaway, has hired Morgan Stanley, Goldman Sachs and Citigroup to help lead its U.S. initial public offering. Earlier in June,… Read More ›
A Formal Two-Year Contract Offer From PSG To Lionel Messi After His Barcelona Exit
Football super star Lionel Messi has been formally made an offer for a two-year contract to join Paris Saint-Germain, claimed several reports. An initial two-year deal has reportedly been offered by the French football club which is believed to be… Read More ›
Recognizing Delta variant threat Tesla asks workers to mask up at Reno, Nevada facility
According to a report from the Wall Street Journal, Tesla Inc has informed its workers at its Nevada battery factory that they will be required to wear a mask when working indoors regardless of their vaccination status. Previously, Tesla had told… Read More ›
Philip Morris increases bid for British drugmaker Vectura to $1.41 billion
In a statement Philip Morris said, it has raised its bid for British drugmaker Vectura to $2.29 (165 pence) per share. “The PMI (Philip Morris International) increased offer values the entire issued and to be issued ordinary share capital of Vectura at… Read More ›
Hong Kong’s Justice Secretary Teresa Cheng charts path towards HK adopting controversial mainland law
In a significant development, Hong Kong’s justice secretary has showed the path on how a mainland Chinese law to counter foreign sanctions could be adopted in Hong Kong by amending it into Hong Kong’s mini-constitution, pending a decision by the… Read More ›
Chinese state prosecutors targets WeChat’s YouthMode, fails to cite provisions of law which the program is non-compliant with
After Beijing state prosecutors initiating a civil public interest lawsuit against Tencent’s subsidiary, the company said it would investigate the functions of its popular social messaging app WeChat’s “youth mode”. According to prosecutors, WeChat’s “youth mode” does not comply with… Read More ›
Odey Asset Management offloads stake in Ryanair Holdings Plc and International Consolidated Airlines Group SA
According to a report from the Mail, Odey Asset Management, a UK-based hedge fund has sold its stakes in Ryanair Holdings Plc and International Consolidated Airlines Group SA. Hedge fund manager James Hanbury has sold his holding in British Airways-owner IAG,… Read More ›
Huawei reports biggest ever drop in revenues
In a significant development that marks the impact of U.S. trade embargoes on embattled erstwhile Chinese telecommunications giant Huawei Technologies, the company reported its biggest ever drop in revenues during the first half of 2021. On Friday, Huawei reported revenues… Read More ›
US will donate COVID-19 vaccine to pacific island nations with no stings attached: President Joe Biden
In a recorded message on Friday, U.S. President Joe Biden told a forum of Pacific island leaders, the United States would donate COVID-19 vaccines without strings attached. The development comes in the wake of China becoming an increasingly more assertive… Read More ›