In a statement Brazillian airlines Gol Linhas Aereas Inteligentes SA said, from December 9 it would resume flying Boeing Co’s 737 MAX planes on its commercial routes in its domestic network. It expects all seven of its 737 MAX aircraft… Read More ›
Creativity
New Onetime Tax On The Superrich Imposed In Argentina To Fight Covid-19
In order to generate more money in the form of taxes to tackle the Covid-19 pandemic, a new tax on the wealthiest people of the country has been passed by Argentina. According to this new tax, money that would be… Read More ›
U.S. sanctions coming over Hong Kong crackdown : Sources
According to three sources familiar with the matter at hand, Washington is preparing to impose sanctions on at least 12 Chinese officials over their alleged role in disqualifying elected legislators in Hong Kong. The move is likely to be formally… Read More ›
Clauses in UK’s Internal Market Bill breaks international law, only negotiating tactics: Irish Foreign Minister Simon Coveney
Irish Foreign Minister Simon Coveney stated, Britain’s plan to table a legislation aimed at breaking an earlier Brexit impasse is a “negotiating tactic” and EU negotiators should recognize it as that and not get distracted. Britain’s upper house of parliament… Read More ›
Japan weighs options to resume tourism from spring
According to a report from Japanese media house Asahi, the government is weighing its options to resume the inflow of tourists on a limited basis, from spring; the development comes in the wake of Japan preparing to host the delayed… Read More ›
Japanese government weighing options to create $19 billion environment-friendly investment fund: Govt Sources
According to three government sources with direct knowledge of the matter at hand, the Japanese government is weighing its options to create a ($9.63 billion to $19.27 billion (1 trillion to 2 trillion yen) fund to promote investment in environment-friendly… Read More ›
U.S. artificial intelligence-driven energy storage company Stem Inc to go public through SPAC
According to sources familiar with the matter at hand, Stem Inc, a U.S. artificial intelligence-driven energy storage company stated it is closing in to a deal to go public through a merger with blank-check acquisition company Star Peak Energy Transition… Read More ›
Private equity investor Thoma Bravo raises funds for SPAC: Sources
According to a source familiar with the matter at hand, private equity investor Thoma Bravo has hired an investment bank to raise funds for an initial public offering for a special purpose acquisition company (SPAC). The development marks one of… Read More ›
XPO Logistics Inc spins-off warehousing and logistics business into separate publicly traded company
In a statement XPO Logistics Inc said it plans on spinning off its warehousing and logistics business into a separate publicly traded company. While the freight transportation and truck brokerage businesses will continue to remain with XPO, the new company… Read More ›
U.S. bans cotton imports from forced labor camps at Xinjiang, China
In a development that acknowledges the open secret of China using forced labor in its modern concentration camps in Xinjiang, the United States has banned the import of cotton from the quasi-military organization that uses detained Uighur Muslims in its… Read More ›
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