In a significant development, six U.S. sources familiar with the negotiations have disclosed, the United States is negotiating the sale of at least four sophisticated aerial drones to Taiwan. Armed with the SeaGuardian surveillance drones, that have a range of… Read More ›
On Friday Mitsubishi Motors Corp said its chairman Osamu Masuko has resigned due to health reasons and has handed over the role of the chairman to CEO Takao Kato as a temporary measure. Masuko, a veteran of the Mitsubishi conglomerate,… Read More ›
On Thursday, in a development that marks the challenges facing the Japan’s automaker Toyota Motor Corp, the carmaker posted a record 98% plunge in its first-quarter operating profit after the Wuhan coronavirus, which emerged from China, induced a slowdown in… Read More ›
In a statement, Canadian Finance Minister Bill Morneau said, he spoken with his counterparts from Britain and the United States and discussed the need to support global supply chains midst the coronavirus outbreak. The call hosted by Morneau also saw… Read More ›
On Thursday, in a statement Uber said it was in the process of acquiring Autocab, British tech company which sells booking and dispatch software to private hire firms. The deal has synergies stemming from the fact that it will allow… Read More ›
The results of a survey have provided some encouraging news for the United Kingdom economy. Data showed that the growth of businesses in the services and manufacturing sectors of the country in the month of June was the fastest more… Read More ›
Despite the novel coronavirus pandemic forcing closure of most of its entertainment parks all across the globe along with the closure of movie theaters and sporting events, Walt Disney Co managed to eked out an adjusted profit and avoid the… Read More ›
In a significant development, major advertisers, including Procter & Gamble, Ford Motor Co, and Unilever, and trade associations, have formed a partnership to develop industry standards for targeted advertisements. Targeted ads, a data driven strategy used to target consumers based… Read More ›
On Wednesday, Britain’s Metro Bank reported its first ever $313.92 million loss of the year because of provisions to cover losses due to the coronavirus crisis which wiped out its profits. Founded in 2015, Metro Bank which was started to… Read More ›
In a statement the U.S. Justice Department stated, executives from Imperial Pacific International, a Hong Kong-based gaming and resort company, have been charged with money laundering and harboring illegal aliens, in the United States.
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