In a tweet, Tesla Inc’s CEO Elon Musk said, he will be paying more than $11 billion in taxes this year. The development comes in the wake of Democratic Senator Elizabeth Warren tweeting that Musk should pay taxes and stop “freeloading… Read More ›
Creativity
International banks in UAE adopt Mon-Fri work week
In a significant development, international banks in the UAE, including Deutsche Bank AG, Societe Generale SA, JPMorgan Chase & Co, are changing their work days from Monday to Friday. The move aligns working hours of international banks with those of most… Read More ›
Blast at had no impact on production: AvtoVaz
Russia’s Interfax news agency has reported a blast at the Russian factory of carmaker AvtoVaz in the city of Tolyatti citing a source. AvtoVaz was quick to downplay the incident saying it has had no impact on production. “On Sunday… Read More ›
Israel in 5th COVID wave, steps up vaccination, urges work from home
In a statement Israeli Prime Minister Naftali Bennett stated, the country is in the midst of a fifth COVID-19 wave as he urged citizens to step up vaccination and to take precautions such as working from home. In a televised… Read More ›
Oracle in talks to acquire electronic medical records company Cerner
According to sources familiar with the matter at hand, Oracle is in talks to acquire electronic medical records company Cerner in a deal valued at $30 billion. The potential deal could bring Oracle a raft of health data to train and improve… Read More ›
Mitsubishi Corp names Katsuya Nakanishi as CEO
On Friday, in a statement Japan’s Mitsubishi Corp said, Katsuya Nakanishi, its executive vice president who is also the chief of its power business will now head the company as of April 1, 2022. Mitsubishi’s current president Takehiko Kakiuchi will become… Read More ›
Legal changes could be made to ease transport of medicines from Britain to Northern Ireland: European Commission
On Friday, in a statement the European Commission said, it is scheduled to make legal changes aimed at easing the transport of medicines from Britain to Northern Ireland. The move could release the build up of pressure over EU-UK ties… Read More ›
Reddit files for IPO
In a statement Social media giant Reddit said, it had filed a confidential proposed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). Reddit, known for its message boards that became the go-to destination for… Read More ›
Novartis AG announces $15 billion share buyback plan
In a statement Novartis AG said, it has launched a new share buyback of up to $15 billion which will end by 2023. Confirming an expected sales growth by 4% through 2026, the Swiss pharma giant said its capital allocation strategy… Read More ›
IAEA strikes deal with Iran to place new cameras at centrifuge-parts workshop
In a statement the U.N. nuclear watchdog said, it has reached agreement with Iran on replacing surveillance cameras at a centrifuge-parts workshop that had been removed after an attack. The development removes one potential obstacle to wider nuclear talks. These… Read More ›
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