According to senior officials from the Biden Administration, the United States and the European Union are scheduled to discuss the global shortage of semiconductors, tech competition and artificial intelligence (AI) during their first Trade and Tech Council (TTC) meeting scheduled… Read More ›
In a statement videogame publisher Activision Blizzard along with the U.S. Equal Employment Opportunity Commission (EEOC) said, they have agreed to settle claims over sexual harassment and discrimination in the company’s workplace. Under the agreement, Activision has committed to create a… Read More ›
In a statement Greek Prime Minister Kyriakos Mitsotakis said, Athens has been talking to Paris to boost defence ties. The development comes at a time when Greece is aiming to boost the capabilities of its armed forces. In 2020, Greece… Read More ›
Its highest every quarterly loss of $5.9 billion was posted by Malaysia’s AirAsia X Bhd on Monday. This loss amount was eight times higher than what the company had reported for the same quarter a year ago. One of the… Read More ›
A new survey released on Monday shows that the hit of the surge of Covid-19 caused by the delta variant of the coronavirus in the United States prompted business economists to mark down their estimates and forecasts of growth for… Read More ›
On Monday, in a statement Credit Suisse said, it is set to pay back another $400 million tranche to investors in insolvent supply chain finance funds linked to Greensill. “The fifth payment of proceeds from the recovery of assets underlying the… Read More ›
In a statement Rolls-Royce said, it has agreed to sell its Spanish unit ITP Aero for $2.0 billion (1.7 billion euros) to a consortium led by Bain Capital Private. The development sees the British engineering company closing in on its… Read More ›
In a statement Britain said, it had collected evidence of multiple ships from various countries apparently breaching United Nations sanctions on North Korea which ban the sale of fuel to the country. HMS Richmond, a British frigate, has been taking… Read More ›
Britain’s opposition Labour Party hinted that it would impose new taxes on the wealthy, including shareholders and landlords, if it comes to power at the next election. In an interview, Labour’s would-be finance minister Rachel Reeves said, “I do think… Read More ›
In a significant development, Huawei’s Chief Financial Officer Meng Wanzhou arrived back in China after fighting U.S. extradition for around three years, in yet another sign of weakening global clout of the United States. The move also reflects a change… Read More ›
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