On Thursday, a trade industry body in Britain said, in July 2021 car production in the country has fallen to its lowest level since 1956; the global shortage of semiconductors as well as a shortage of staff because of the… Read More ›
Creativity
Tencent Holdings increases stake in Studio 9
In a statement China’s market regulator said, it has approved Tencent Holdings’ plan to purchase an equity stake in Studio 9, a Chinese animation company. China’s State Administration for Market Regulation made the announcement on its website. Tencent, which already had… Read More ›
Healthcare Services Group Inc agrees to pay $6M fine to settle SEC civil charges
In a statement the U.S. Securities and Exchange Commission said, Healthcare Services Group Inc has agreed to pay a $6 million fine to settle civil charges for its alleged failure to account for legal settlements with its employees, which resulted in… Read More ›
Delta Air orders 30 A321neo narrowbody aircraft from Airbus
In a statement Delta Air Lines said, it has ordered 30 A321neo narrowbody aircraft from Airbus. The development comes at a time when the U.S. carrier prepares for a rebound in travel. Following the new orders, Delta Air’s outstanding orders total… Read More ›
Virgin Orbit goes public through merger with blank check company NextGen Acquisition Corp. II
In a statement Richard Branson’s Virgin Orbit said, it is going public through a merger with a blank-check company in a deal valued at around $3.2 billion. The deal is expected to provide $483 million in proceeds to the combined… Read More ›
Asia’s Economic Recovery Stumbles On Fresh Covid-19 Outbreaks
A surge in Covid-19 infections in Asian countries has forced imposition of restrictions again resulting in shops going empty again and factories being forced to close down temporarily which has resulted in loss of momentum in the robust economic recovery… Read More ›
Danish shipping giant Moller-Maersk orders 8 carbon neutral ship from Hyundai Heavy Industries
On Tuesday, in a statement A.P. Moller-Maersk said, it had ordered 8 vessels which can run on carbon-neutral methanol to accelerate the decarbonisation of its fleet. The development sees the shipping giant meeting demand for greener transportation. A.P. Moller-Maersk has… Read More ›
BlackRock Japan hiring former Bank of Japan policymaker Takako Masai
On Monday, in a statement BlackRock Japan said, it was in the process of hiring former Bank of Japan policymaker Takako Masai as an external board member, effective from Tuesday. Masai served as the sole female member of the central… Read More ›
LG Chem’s share fall after GM’s expands Chevrolet Bolt recall
On Monday, shares of LG Chem Ltd slid by nearly 10% following a statement by General Motors Co that it would recall an extra 73,000 Chevrolet Bolt cars, which use the South Korean firm’s batteries, months after a similar recall by Hyundai… Read More ›
Britain pushes G7 for new economic sanctions on Taliban
Britain plans on collaborating with world leaders to consider imposing new sanctions on the Taliban, which took control of Afghanistan following the disorderly exit of US troops from the country. The G7 is scheduled to meet on Tuesday to discuss… Read More ›
manageria.biz 