Albertsons Cos Inc, a U.S. grocery retailer said, it is aiming to raise up to $1.32 billion through its initial public offering (IPO). Certain selling stockholders are offering 65.8 million shares at an indicative price range of $18 to $20… Read More ›
In a document that has been made public this week, Elon Musk, Tesla Inc’s CEO said, he wants to start building a large vehicle assembly plant in the southwestern U.S. as early as the third quarter of this year. Tesla… Read More ›
A day after top U.S. diplomats met with their Chinese counterparts in Hawaii, U.S. President Donald Trump renewed his threat to cut ties ties with China given its history of not sticking to its commitments. Describing the U.S.-China as “tense”… Read More ›
In a significant development, the U.S. Senate has passed a major conservation bill that permanently direct $900 million a year in funding to a long-standing federal program which is aimed at protecting and acquiring public lands. The 73-25 vote in… Read More ›
On Wednesday, Britain and New Zealand formally launched free trade negotiations, with the former looking to line up deals with other countries post-Brexit. In a statement, New Zealand’s Minister for Trade and Export Growth David Parker said, New Zealand is among… Read More ›
Social media giant Facebook has refused to share advertisement revenues generated from its social media platforms, ignoring the calls from both the Australian government and news companies about sharing advertising revenue with the media. Facebook has instead suggested that it… Read More ›
The drop in demand for oil for the current year will be the steepest in history, predicted the International Energy Agency on Tuesday. The IEA said that “a more stable footing” over the coming months could be reached by the… Read More ›
In a significant development, members of the European Parliament have drafted a lawsuit accusing China of violating the Sino-British Joint Declaration and the International Covenant on Civil and Political Rights in a strong pushback to Beijing’s move to impose draconian laws… Read More ›
On Monday, the coronavirus which first emerged in the Chinese city of Wuhan, saw a second wave hitting the Chinese capital with a link to its biggest wholesale food market. Security checkpoints are back in cities, with the Chinese government… Read More ›
On Monday Unilever Plc stated, it aims to invest 1 billion euros in a fund which will invest in climate change projects; it also aims to slash its net greenhouse gas emissions to zero from all its products by 2039… Read More ›
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