In a statement China’s anti-graft watchdog said, a former president of a domestic branch of Bank of China who is a suspect in an embezzlement, has been repatriated to China after fleeing to the U.S.. In a statement China’s Central… Read More ›
Entrepreneurship
Russia showcases Sukhoi Su-75 Checkmate as cost effective alternative to US F-35 at Dubai Airshow
Even as the United Arab Emirates is set to purchase US F-35 fighter jets, Russia is showing off the prototype of its latest fifth-generation fighter plane at the Dubai Airshow. Unveiled in July, the showcasing of the Sukhoi Su-75 Checkmate… Read More ›
9.4% Fall In Auto Sales In China In October, Says Industry Body
The protracted worldwide scarcity of semiconductor chips was instrumental in vehicle sales in China declining in October, which was a drop for the sixth straight month, with a 9.4 per cent year on year fall in sales, shoed data from… Read More ›
EU will widen sanctions against Belarus: Ursula von der Leyen
In a statement European Commission’s head Ursula von der Leyen said, the European Union will widen sanctions against Belarus, and target both people and entities. Von der Leyen made the remarks after a meeting with U.S. President Joe Biden at… Read More ›
EU countries agree to robust response to Britain on post-Brexit trade dispute
In a statement EU diplomats stated, countries in the EU are on the same page on the need for “robust” action against Britain if London were to follow through on its threat to escalate a post-Brexit trade dispute. Over the… Read More ›
US and allies will take appropriate unspecified action if Beijing attacks Taiwan
In a statement U.S. Secretary of State Antony Blinken said made it lucidly clear that Washington and its allies would take appropriate, unspecified “action” if Beijing decides to invade and annex Taiwan. When asked by the New York Times, at… Read More ›
Boeing agrees to pay compensation to victims of Ethiopian Airlines 737 MAX crash
A filing in U.S. District Court in Chicago shows, Boeing Co has agreed to acknowledge liabilities for compensatory damages in lawsuits filed by families of the 157 people killed in the 2019 Ethiopian Airlines 737 MAX crash. Following an agreement between… Read More ›
VW looking at potential Porsche AG market listing
Porsche AG’s potential IPO will benefit from being part of the Volkswagen Group, said CEO Oliver Blume. “We feel very comfortable in the Volkswagen Group, we can profit from synergies. The important thing in this time is to focus on… Read More ›
Indian startup Nykaa’s blockbuster stock market debut values it at $13 billion
Shares of Nykaa, India’s cosmetics-to-fashion platform, made a blockbuster debut valuing the company at close to $13 billion. With the news reaching the market, shares of FSN E-Commerce Ventures, the profit-making parent company that owns the Nykaa brand, soared by… Read More ›
Self driving truck startup and Hennessy Capital Investment Corp V call off merger
In a joint statement, self-driving truck startup Plus and blank-check company Hennessy Capital Investment Corp V said, they are calling off their merger given the regulatory environment outside the US. Earlier this year in May, Plus had said it would go… Read More ›
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