In a statement British Prime Minister Boris Johnson’s office said, Prime Minister Boris Johnson and German Chancellor Angela Merkel have discussed the situation in Afghanistan and agreed on the need for a common approach by the G7 as well as… Read More ›
In a statement the Indian government said, it has attracted foreign direct investment (FDI) to the tune of $22.53 billion during the first three months of the fiscal year starting from April 1; this is 90% higher than the April-June… Read More ›
An executive member of Lufthansa has been quoted as saying, the airlines aims to win back business travelers by boosting the number of flights and improving in-flight catering. Currently, the German airline is carrying around 50% of the passengers it flew… Read More ›
In a statement property developer Limitless said, it is close to signing an agreement with creditors over around $760 million of troubled debt, marking its third restructuring in a decade. Dubai state-owned Limitless along with Nakheel, was among the biggest… Read More ›
According to a new study whose results were released on Friday, those who get infected with the Delta variant of the coronavirus are twice as likely to ultimately fall severely ill and require hospitalization compared to those who get infected… Read More ›
China’s central bank The People’s Bank of China (PBOC) has increased its short-term fund injection this week to meet higher cash demand that typically ensues towards the month-end. In a statement PBOC said it has offered $7.71 billion (50 billion… Read More ›
In a statement U.S. private equity firm KKR & Co Inc said, it will acquire New Zealand’s largest bus company, Ritchies Transport, marking its first infrastructure investment in the country. Both companies did not disclose the value of the deal; KKR… Read More ›
U.S. Trade Representative Katherine Tai told her Turkish counterpart Mehmet Mus, that Ankara must remove individual digital services taxes following a broader multilateral agreement that was reached in talks led by the OECD. Among a range of issues that was… Read More ›
According to two sources familiar with the matter at hand, Brazil’s Nubank is seeking a valuation above %55.4 billion in its planned U.S. initial public offering. In Nubank’s recent funding round, led by Berkshire Hathaway Inc, Nubank was valued at… Read More ›
In a statement Onsemi said, it would acquire GT Advanced Technologies in a $415 million cash deal. GT Advanced Technologies manufactures silicon carbide – a key material used in chips for electric vehicles. The move is a major push into… Read More ›
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