Early on Monday, according to a report from The Times, BP Plc is preparing to bid for the rights to build wind farms off Scotland. In an interview, BP’s CEO Bernard Looney stated, the company “was looking at bidding in the… Read More ›
Creativity
Apollo Global Management Inc close to acquiring Verizon Communications Inc’s media assets worth $5 billion
As per a source familiar with the matter at hand, Apollo Global Management Inc is closing in on a deal to acquire the media assets of Verizon Communications Inc in a deal that could be valued close to $5 billion. Earlier on… Read More ›
Antitrust Complaint Filed Against Apple In Germany Over Its New iPhone Software
Even as Apple gets ready to roll out a new version of its iPhone software, the company has been accused of antitrust abuse in Germany. A complaint against the company was filed on Monday to Bundeskartellamt, Germany’s competition regulator. The… Read More ›
Amazon And Nestle Part Of A Public-Private Partnership To Save World’s Forests
A project aimed to protect the tropical forests of the world was launched this week by the United States, Norway and Britain in partnership with large global companies including Amazon and Nestle. The public-private project has set a target of… Read More ›
Shell To Conduct Trials On Use Of Hydrogen Fuel Cells For Shipping
A feasibility study for the conducting trials for the use of hydrogen fuel cells for ships in Singapore is currently being conducted by the energy company Royal Dutch Shell along with its partners, the company said on Monday. This is… Read More ›
L’Oreal To Target Male Beauty Consumers In Its New ‘Growth Engine’ Market
According to the French cosmetics giant L’Oreal, it expects the majority of its new business over the coming decade will come from a newly created South Asia Pacific and Middle East market by the company and cosmetics for men will… Read More ›
Dogecoin’s Price Surges 4005 In A Week Raising Crypto Bubble Concerns
Dogecoin, the cryptocurrency that was based on the “Doge” meme, which rose to popularity in late 2013, is now among the top 10 digital currencies of the world and is worth $40 billion. The meme portrays a Shiba Inu dog… Read More ›
Uber Wants Its Workers To Attend Office At Least Three Days A Week
The ride hailing company Uber will allow its employees to work from home but only for two days of the week even as Covid-19 restrictions are getting relaxed in many countries and offices are reopening, Nikki Krishnamurthy, the company’s chief… Read More ›
VW strikes landmark wage deal with Germany’s most powerful union
In a significant development, Volkswagen has agreed to a wage deal with Germany’s most powerful union for 120,000 staff, representing 18% of its workforce. The deal with IG Metall sees salaries rise by 2.3% from January 2022. It also includes… Read More ›
China crackdowns on Jack Ma’s Ant group with vengeance
In a development that marks the risks of doing business in China, where Chinese rulers through courts hold absolute power, Chinese regulators have imposed a sweeping restructuring on Jack Ma’s Ant Group, in a move aimed at curbing its valuation… Read More ›
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