On Thursday, in a statement Malaysia’s Ministry of Finance said, it had received $80 million from audit firm Deloitte PLT, as part of a settlement deal related to 1Malaysia Development Berhad (1MDB) scandal. It went on to add, it is… Read More ›
Creativity
JPMorgan exploring potential opportunities for add-on acquisitions
In a statement Mary Callahan Erdoes, the head of asset and wealth management at JPMorgan Chase & Co said, her division of the bank is “looking into possible opportunities for add-on acquisitions”. “I wouldn’t assume we haven’t done anything,” said… Read More ›
Britain set to join Comprehensive and Progressive Agreement for Trans-Pacific Partnership
On Wednesday, members nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) officially agreed to allow the United Kingdom to start the process of joining the pact, said Japan’s economy minister in a statement. Welcoming the start of… Read More ›
Oxford and AstraZeneca tweaking COVID-19 vaccines to target variants by autumn
Britain is in talks with Oxford and AstraZeneca for additional doses of their COVID-19 vaccine which has been tweaked for improved targeting of the Wuhan Coronavirus variant that was first identified in South Africa. Previously, the country had secured 100… Read More ›
Tesla failed to pre-approve Musk’s tweets: SEC
According to a report from the Wall Street Journal, in 2020 the SEC had told Tesla Inc last year that tweets of its CEO Elon Musk had twice violated a settlement requirement wherein it was decided and agreed that his… Read More ›
Tyson Foods Inc expands its plant-based meat alternatives to select Asia-Pacific markets
U.S. meat processor Tyson Foods Inc is set to launch its plant-based food in select Asia-Pacific markets from this month in its bid to cash in on the burgeoning demand for meat substitutes in the region. Nestle SA, Impossible Foods… Read More ›
Top Bank Executives Entering Hong Kong To Be Exempt From Quarantine
The Securities and Futures Commission (SFC) has said that strict virus quarantine measures in Hong Kong are not being applied on top bankers. An application for the mandatory 21-day quarantine could be filed by senior banking executives who are fully… Read More ›
UK’s COVID-19 vaccine passport as legal requirement for large events to be scrapped
In a report, The Daily Telegraph said, Britain plans on dropping its COVID-19 passports as a legal requirement for large events. Officials who are reviewing the status of COVID-19 certificates believe that there is no scope in UK law that… Read More ›
Economic growth likely to return to pre-COVID-19 levels in early 2022: French Finance Minister Bruno Le Maire
In a statement on Monday, French Finance Minister Bruno Le Maire said, the public deficit is likely to hover at 9.4% of the country’s gross domestic product; the previous estimate was 9%. In an interview with national TV channel France… Read More ›
Iranian oil cargo lands in US, second such import since 1991: EIA
In a significant development, data from the U.S. Energy Information Administration (EIA) shows, 1.033 million barrels of Iranian crude oil landed in the U.S. in March 2021, marking the second such shipment to be imported into the United States since… Read More ›