The U.S. Securities and Exchange Commission (SEC) has denied Apple Inc’s bid to exclude a shareholder proposal that would have required Cupertino to inform investors of its use of non-disclosure agreements and other concealment clauses. The SEC’s move will mean that… Read More ›
Creativity
Omicron affecting business confidence in UK: Lloyds Bank
As per the results of a survey released on Tuesday, business confidence in Britain has begun to feel the impact of the Omicron variant this month. The development comes at a time of the country is experiencing an increase in… Read More ›
Qatar Airways launches lawsuit against Airbus over blistered paint
In a statement Qatar Airways said, it has launched a lawsuit against EU planemaker Airbus in a bid to resolve a dispute over skin flaws on A350 passenger jets. For months, both companies have been locked in a dispute over damages… Read More ›
Booster shot appears to protect against Omicron: Moderna
In a statement Moderna Inc said, a booster dose of its COVID-19 vaccine appears to protect against the fast-spreading Omicron variant of COVID-19 in laboratory tests; its current version of the vaccine will continue to be its “first line of defense… Read More ›
Foreign financial institutions conducting business with sanctioned individuals will be sanctioned: State Department
In a significant development, the United States has named five already-sanctioned Chinese officials who have allegedly contributed to undermining Hong Kong’s democracy; it has also issued a warning to financial institutions that conducting business with these officials would lead to… Read More ›
Omicron as severe as Delta: Imperial College London
According to analysis from a recent study, early UK data shows that infections caused by the Omicron variant appears to be no less severe than the Delta variant. Researchers at Britain’s Imperial College London compared 11,329 people with confirmed or… Read More ›
Graphite Shortage Concerns For Chinese Electric Vehicle And Battery Makers
While they travel the globe for the lithium, nickel, and cobalt resources required to put China at the forefront of the electric vehicle (EV) race, Chinese battery and EV manufacturers are concerned about a material that is much closer to… Read More ›
Toyota Motor Corp suspends production at 5 domestic plants from January citing supply chain issues
On Monday, in a statement Toyota Motor Corp said, it will suspend production at five domestic factories in January 2022 following chip shortages and the outbreak of the Omicron variant of COVID-19. The suspension of production will impact around 20,000 vehicles,… Read More ›
The resignation of Britain’s Brexit Minister creates increased uncertainty of issues surrounding Northern Ireland
Britain’s Brexit minister David Frost has submitted his resignation last week over disillusionment with the direction British Prime Minister Boris Johnson was leading the country after Brexit. Frost’s resignation raises question of Britain’s future tone with EU over post Brexit… Read More ›
Bank of Montreal in advanced negotiations to acquire U.S. unit of French bank BNP Paribas SA
As per a report from the Wall Street Journal, the Bank of Montreal is in advanced talks to acquire the U.S. arm of French bank BNP Paribas SA. An agreement could emerge as early as this week, if the talks… Read More ›