On Friday, German Foreign Office State Secretary Miguel Berger tweeted that the European Union must finds ways to address ways of managing dissent, including qualified majority voting on foreign policy, following Hungary blocking a joint EU statement that was critical… Read More ›
Entrepreneurship
Uruguayan payment startup DLocal valued at $6.06 billion, raises $617.65M in US IPO
In a statement, Uruguayan payment startup DLocal said, it had raised $617.65 million through its initial public offering. The company had priced its 29.4 million shares at $21 each above its indicated price range of $16-$18. The IPO valued DLocal… Read More ›
Britain-Australia trade deal could potentially be signed mid-June
On Thursday, Britain’s envoy to Australia said, both countries have held another round of talks towards a free trade deal. A trade agreement could potentially be signed between the two sometime in mid-June. Britain’s trade deal with Australia is one… Read More ›
Deloitte PLT paid $80M to settle its role in 1MDB scandal
On Thursday, in a statement Malaysia’s Ministry of Finance said, it had received $80 million from audit firm Deloitte PLT, as part of a settlement deal related to 1Malaysia Development Berhad (1MDB) scandal. It went on to add, it is… Read More ›
JPMorgan exploring potential opportunities for add-on acquisitions
In a statement Mary Callahan Erdoes, the head of asset and wealth management at JPMorgan Chase & Co said, her division of the bank is “looking into possible opportunities for add-on acquisitions”. “I wouldn’t assume we haven’t done anything,” said… Read More ›
Britain set to join Comprehensive and Progressive Agreement for Trans-Pacific Partnership
On Wednesday, members nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) officially agreed to allow the United Kingdom to start the process of joining the pact, said Japan’s economy minister in a statement. Welcoming the start of… Read More ›
Oxford and AstraZeneca tweaking COVID-19 vaccines to target variants by autumn
Britain is in talks with Oxford and AstraZeneca for additional doses of their COVID-19 vaccine which has been tweaked for improved targeting of the Wuhan Coronavirus variant that was first identified in South Africa. Previously, the country had secured 100… Read More ›
Tesla failed to pre-approve Musk’s tweets: SEC
According to a report from the Wall Street Journal, in 2020 the SEC had told Tesla Inc last year that tweets of its CEO Elon Musk had twice violated a settlement requirement wherein it was decided and agreed that his… Read More ›
Tyson Foods Inc expands its plant-based meat alternatives to select Asia-Pacific markets
U.S. meat processor Tyson Foods Inc is set to launch its plant-based food in select Asia-Pacific markets from this month in its bid to cash in on the burgeoning demand for meat substitutes in the region. Nestle SA, Impossible Foods… Read More ›
Baby And Maternity Stocks Soar As China Announces Its New 3-Child Policy
The manufacturers of strollers, car seats and baby formula could have a field day by the decision of China to shift away from its one children policy and to allow families to have three children. Whether it would lead to… Read More ›