On Monday, oil giant Saudi Aramco stated, ahead of its launch of its U.S. dollar-denominated bond issuance, it has hired a group of banks, in a stock exchange filing. Saudi Aramco, the world’s biggest oil company is aiming to raise capital… Read More ›
According to a filing in a Chinese court, the Chinese JV partner of BMW, Brilliance Automotive Holdings, stated, its parent, Huachen Automotive Group, may undergo restructuring following a creditor approaching a Chinese court to recover sums. Huachen is owned by… Read More ›
On Monday, Australia’s stock exchange halted trading following a security issue. 20 minutes after opening on Monday Australia’s stock exchange experienced issues with market data. Trading is set to resume on Tuesday at 10 a.m., said bourse operator ASX Ltd…. Read More ›
On Monday, in a news bulletin Bloomberg News stated citing anonymous sources, Nissan Motor is looking to divest some or all of its 34% stake in Mitsubishi Motors. The move is likely to reshape Nissan Motor’s three-way alliance which includes… Read More ›
According to Gordon Brown, the former British Prime Minister, the international goal of eradicating extreme poverty by 2030 is currently under crisis after decades of making progress. Brown said that health and education systems have been sacrificed by developing countries… Read More ›
One of the creators of a Cvodi-19 vaccine has said that there would be significant impact on the lives of people of the new Covid-19 vaccine over summer and by winter next year, life should be back to normal. Since… Read More ›
A new report from price comparison website Money.co.uk has claimed that a surge in vehicle emissions would result because of the Black Friday shopping event. Online sale of retail was boosted by the Covid-19 pandemic induced lockdowns and it is… Read More ›
According to a report from the Wall Street Journal which cites Chinese officials with knowledge of the matter at hand, Chinese President Xi Jinping had personally decided to pull the plug on Ant Group’s $37-billion initial public offering. The decision… Read More ›
In a significant development, the Trump Administration has passed an executive order which prohibits U.S. investments in Chinese companies, which are owned or controlled by the Chinese military. The executive order is likely to impact some of China biggest companies,… Read More ›
Following China breaking its bilateral treaty with Britain with the imposition of its draconian measures garbed through its new security laws on Hong Kong, Britain stated it is considering the imposition of sanctions against it as part of its response… Read More ›
