In a statement, the U.S. Transportation Department said, it plans to restore the ability of Indian air carriers to conduct ground handling operations at U.S. airports. The quid-pro-quo moves comes in the wake of India allowing U.S. air carriers to… Read More ›
Economy & Finance
Sale Of Organic Food And Drink In UK Surges During Lockdown
During the novel coronavirus pandemic induced lockdowns in the United Kingdom, the demand and sale of organic food and drink rose sharply. Over the past year, the demand and sale of such products have grown at a rate that as… Read More ›
William Ackman’s acquisition of Airbnb through blank-check company would mark 2020’s biggest SPAC deal
According to sources familiar with the matter at hand, William Ackman, has approached Airbnb Inc about going public through a reverse merger with his blank-check company. The negotiations though are currently not moving ahead with Airbnb being more focused with… Read More ›
Germany raises 6..5 billion euros in landmark first green bond issue
In a landmark moment for Europe’s push towards climate focused financing, investors lapped up Germany first-ever green bond. Germany has raised 6.5 billion euros from the 10-year bond after investors queued up for over 33 billion euros. “With today’s issue… Read More ›
Pandemic Impact: Worst Economic Slump Reported By Australia
With the restrictions on business and the economy being imposed to prevent the spread of the novel coronavirus pandemic, the Australian economy was pushed into its deepest economic slump on record in the second quarter of the current year. This… Read More ›
Apple’s Market Value Is Greater Than The Entire FTSE 100 Companies Combined
The market valuation of the United States based tech giant Apple is now greater than the total combined value of all of the firms of the top share index of the United Kingdom. With a 4 per cent spurt in… Read More ›
PayPal makes splash into Australia’s buy-now-pay-later sector, hammers Australia’s Afterpay’s share prices
On Wednesday, shares of Australia’s Afterpay Ltd as well as its smaller consumer lenders tumbled for a second day following the entry of U.S. giant PayPal into the buy-now-pay-later sector which sent investors scrambling to re-price its stocks. Shares of… Read More ›
Unilever Plc to invest 1 billion euros into biotechnology research, create biodegradable and water-efficient product formulations
On Wednesday, in a significant development, Unilever Plc said by 2030 it aims to remove fossil fuels from its cleaning products and will be investing 1 billion euros to that end, including cutting down on carbon emissions created by the… Read More ›
Amid Escalating Trade Tensions, China Again Targets Australian Wine
With increasing tensions between Australia and China, regulators in Beijing have put up another hurdle in front of Australian winemakers. After a complaint from the China Wine Industry Association, an anti-subsidy investigation of some wine imports from Australia has been… Read More ›
Warren Buffett Chooses Five Biggest Trading Houses In Japan To Invest $6bn
Billionaire investor Warren Buffett has chosen Japan’s five biggest trading houses to invest $6bn. These conglomerates have arrange of businesses in everything – ranging from importing food and textiles to the technology and manufacturing industries. Analysts view this move by… Read More ›