China’s domestic air traffic is caught between the devil and the deep sea. While it was once the world’s envy after China staged a super fast recovery from the Wuhan coronavirus, air traffic footfalls are now faltering with Chinese authorities… Read More ›
According to two sources with direct knowledge of the matter at hand, Chinese artificial intelligence startup SenseTime Group is in talks with officials of the Hong Kong Stock Exchange regarding the fate of its $767 million planned IPO in Hong… Read More ›
In a significant development, employees of Starbucks Corp voted to join a union at a store in Buffalo, New York, marking the company’s first unionized company-owned location in the United States. Workers at a second location in New York voted to… Read More ›
Canada has joined the United States, Britain and Australia, in a diplomatic boycott of the Winter Olympics in Beijing. Washington was the first to announce the boycott of the Winter Olympics in Beijing citing China’s gross human rights “atrocities” in… Read More ›
In a significant development U.S. District Judge Paul Crotty in Manhattan ruled that Goldman Sachs Group Inc will have to again face a class action by shareholders who said they lost $13 billion since the bank hid conflicts of interest when… Read More ›
The experience gained and the lessons learnt from the Covid-19 pandemic should not be forgotten as any future pandemic would potentially be more dangerous than the one caused by the coronavirus, warned one of the scientists who was closely in… Read More ›
The European Commission is taking a closer look into Microsoft Corp’s $16 billion acquisition of transcription technology company Nuance Communications Inc and has asked customers and competitors to draw up a list of concerns. The outreach is the most extensive scrutiny by… Read More ›
In a statement Ford Motor Co said it would invest $900 million to modernize its factories in Thailand which produces its Ranger pickup and Everest SUV; the investment is the company’s single largest in the country. The investment would be through… Read More ›
The U.S. Senate has rejected a resolution that aimed to prohibit the sale of advanced medium range air-to-air missiles, missile launchers and other weapons to Saudi Arabia. The vote, 67 to 30, against the resolution, was introduced by Republicans Rand… Read More ›
On Wednesday, in a statement Australian Prime Minister Scott Morrison said, Australia will join the United States in a diplomatic boycott of the Winter Olympic Games in Beijing. Australia’s move comes as other allies weigh similar moves to draw attention… Read More ›
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