In a statement the New York Stock Exchange said, it no longer intends to delist China Mobile Ltd, China Telecom Corp Ltd and China Unicom Hong Kong Ltd “in light of further consultation with relevant regulatory authorities.” Last week the… Read More ›
With Iran resuming enrichment of 20% uranium at an underground nuclear facility, in breach of the 2015 nuclear pact and potentially complicating efforts by U.S. President-elect Joe Biden to rejoin the deal,Israeli prime minister Benjamin Netanyahu stated, the move is… Read More ›
Factory activity in China in the month of December increased, sustaining its recovery form the pandemic to pre-pandemic levels but the pace of growth slowed down because of cost pressures, showed a business survey published Monday. The Caixin/Markit Manufacturing Purchasing… Read More ›
On Monday, in a statement Entain Plc said, it has received a $11 billion bid proposal from U.S. casino operator MGM Resorts which significantly undervalued its business. In this latest transatlantic move which sees consolidation in the sector MGM Resorts’… Read More ›
With coronavirus-induced COVID-19 cases rising sharply in Japan and weighing down its medical system, Japan is considering declaring a state of emergency for Tokyo and three surrounding prefectures as early as this week, reported Fuji TV on Monday. On December… Read More ›
On Monday Scotland will enter another national lockdown which is likely to last until spring, reported The Times newspaper. In a statement Scottish government leader Nicola Sturgeon had said her cabinet is scheduled to meet on Monday to discuss potential… Read More ›
According to a report from the Wall Street Journal, billionaire activist investor Carl Icahn has sold more than 50% of his stake in Herbalife Nutrition Ltd for $600 million; he now plans on giving up the five seats held by… Read More ›
Rob Leathern, Facebook Inc’s chief of advertising integrity, who handled the social media giant’s ad products around sensitive subjects including coronavirus misinformation and politics, has left the company, according to an internal memo. Earlier this month Leathern had said on… Read More ›
On Saturday, driven by a steady adoption of electric vehicles, Tesla Inc reported a better-than-expected 2020 vehicle deliveries and narrowly missed its CEO’s ambitious full-year delivery goal. The results come at a time when the global auto industry, like most… Read More ›
In a memo, Delta Air Lines CEO Ed Bastian said stated, he continues to expect the company to achieve a positive cash flow by the coming spring. In a note to employees, Bastian said Delta Air Lines will likely “experience… Read More ›
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