On Tuesday, BlackRock’s Investment Institute stated, it was “warming up” to European assets following what it termed as an “impressive” performance by the Eurozone to tackle the Wuhan coronavirus. The Investment Institute, the research arm of BlackRock, the world’s biggest… Read More ›
On Tuesday, Markus Braun, the former Chief Executive of Wirecard has been detained on accusations of make fake entries to boost the company’s balance sheet and revenues to make it appear stronger in order to attractive more customers and investors,… Read More ›
Tesla Inc’s Chief Executive Officer Elon Musk stated, the “tentative” date for the company’s annual general meeting would be September 15. The annual shareholder meeting was scheduled for July 7, but the meeting got postponed since new lockdown rules do… Read More ›
Tensions between the European Union and China could potentially cool down after a video summit today. The video summit will be their first formal talks since the European Union accused Beijing of trying to obfuscate and spread disinformation about the… Read More ›
In a statement, India pharmaceutical company Cipla Ltd and Hetero Labs stated, they have received permission from India’s drug regulator to manufacture and market their generic version of Gilead Sciences Inc’s experimental COVID-19 remdesivir treatment. The COVID-19 treatment will be… Read More ›
In a statement, American Airlines Group Inc said, it plans on securing an additional financing of $3.5 billion to improve its liquidity as it grapple with lockdown and travel restrictions caused by the coronavirus which emerged from Wuhan, China. The… Read More ›
There are people who are still not appreciative enough of what it will mean to slump into the “deepest recession since the second world war”, said German Chancellor Angela Merkel as she voiced fears over European Union leaders expressing opposing… Read More ›
People who had never flown on private jets are opting to use them in order to avoid the crowds and lines seen in commercial flights to avoid possible infection of the novel coronavirus which has resulted in rapid rebound from… Read More ›
The French fashion label Chanel has said that the impact of the novel coronavirus pandemic will be felt by the international luxury industry for the next two years, and possibly even longer. The luxury retailer warned that the pandemic will… Read More ›
Attempts to create a global framework for imposing digital tax on technology companies such as Google, Facebook and Amazon are being continued by the European Union and the United Kingdom despite the United States walking out of the negotiations for… Read More ›
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