In a statement British engine maker Rolls-Royce said, it had paused the planned sale of its Bergen Engines to a company controlled by Russia’s TMH Group after an intervention by Norway. Norway’s NSM security agency is assessing the $178 million… Read More ›
In a significant development, the United States revoked a sanctions waiver to Israeli mining magnate Dan Gertler, which was issued during the last days of the Trump Administration. In a statement, the Treasury Department said, exempting Gertler from sanctions was… Read More ›
On Tuesday, a group of investors are set to ask a French court to back its $1.2 billion (1 billion euros) claim in damages from Vivendi, alleging that the media giant made false financial statements during a merger deal twenty… Read More ›
On Monday British food delivery startup Deliveroo announced plans for a London listing while disclosing that it posted a loss of $437.94 million (317 million pounds) in 2020. Deliveroo’s IPO is one of the most eagerly anticipated initial public offerings… Read More ›
According to sources familiar with the matter at hand, General Electric Co is closing in on a $30 billion-plus deal to combine its aircraft-leasing business with Ireland’s AerCap Holdings NV, reported the Wall Street Journal. While details of the manner… Read More ›
On Monday, for the first time since the coronavirus-induced COVID-19 pandemic began, brent crude futures breached the $70 threshold for the first time, while U.S. crude touched its more than two years high. The development comes in the wake of… Read More ›
Compared to a mask that is properly fitted, limited benefit in blocking viral spread is provided by wearing two masks – one on top of another, showed a simulation by a Japanese supercomputer. This finding also partly negates a set… Read More ›
On Thursday, in a report, the Spectator magazine said, Washington and London have hammered out an agreement to suspend retaliatory tariffs on goods including Scotch whisky. The tariffs were imposed earlier as part of a long-running trade dispute over civil… Read More ›
With China controlling nearly 90% of the world’s supply of rare earth, the Five Eyes network should forge closer ties with Greenland to boost the critical supply of the minerals and cut their dependence on China, said a think tank… Read More ›
Britain’s decision to make unilateral changes to Northern Irish Brexit arrangements have triggered concerns whether it can be trusted on future trade negotiations, opined the European Union’s finance chief Mairead McGuinness. “It does open a question mark about global Britain,… Read More ›
