Ever since Trump re-clamped sanctions on Iran, tension in the gulf region has steadily heated up. Saudi Arabian Energy Minister Khalid al-Falih stated, although the recent attacks on its energy assets had put the security of oil supply at risk,… Read More ›
Exxon has a long term contract to improve Iraq’s West Qurna oil field. In a significant development, Iraq’s Oil Minister Thamer Ghadhban stated, a major oil deal between Iraq and Exxon Mobil is “very close” in the making; the trajectory… Read More ›
Air New Zealand aims to replace 8 Boeing 777-200ER aircraft and was looking for suitable replacement. On Monday, according to industry sources Boeing Co has won a hard-fought battle to sell its wide-body aircraft to Air New Zealand Ltd, and… Read More ›
Sikorsky will be making 12 CH-53K King Stallion helicopter for the U.S. military with deliveries to commence in 2022. In a statement, the Pentagon said, it has awarded a $1.1 billion contract to Sikorsky, a unit of Lockheed Martin Corp,… Read More ›
Nvidia’s second quarter forecasts is based on expectations of a recovery in the gaming market. The mid-end gaming segment continues to be its growth driver. Nvidia Corp has forecast its second-quarter revenues above Wall Street estimates as it expects the… Read More ›
Companies and governments around the globe are moving to mitigate the menace of plastic waste. In a significant development, German food delivery company Delivery Hero announced it has invested in biodegradable packaging manufacturer Bio-Lutions. The move comes midst companies and… Read More ›
With an increase in wealth in Greater China, there is a significant rise in the number of clients wanting family office services. Credit Suisse aims to tap this emerging market. In a move aimed at increasing its services among wealthy… Read More ›
Amazon intends to invest a substantial proportion of the $575 million funds that Deliveroo raised, into the gig economy. Amazon.com Inc intends to invest in UK food delivery app Deliveroo as part of a $575 million fundraising. The world’s biggest… Read More ›
The anticipated softening of the global economy in the next few years would present an opportunity of significant growth for trade in pre-owned business jets which would surpass the deals in new plane deals by four-to-one. This prediction was made… Read More ›
China would undertake the required measure to protect the interests of its companies and businesses, said the country in retaliation to the decision of the United States to ban American telecom from using equipment and technology from the Chinese telecom… Read More ›
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