In a significant development, the Trump administration has further bolstered an executive order barring U.S. investors from purchasing securities of Chinese military-controlled companies. There is some disagreement among U.S. agencies on how tough to make the directive. In a statement,… Read More ›
Entrepreneurship
JPMorgan Chase & Co to acquire global loyalty division of cxLoyalty Group Holdings Inc
In a statement JPMorgan Chase & Co said, it would acquire the global loyalty division of cxLoyalty Group Holdings Inc – a third-party credit card loyalty program service provider. JPMorgan did not disclose the financial terms of the acquisition. “People… Read More ›
Cross border traffic main irritant in UK-Spain negotiations: Spanish Foreign Minister Arancha Gonzalez Laya
On Tuesday, in a statement Spanish Foreign Minister Arancha Gonzalez Laya said, the main burr that needs ironing out in negotiations between Britain and Spain is Gibraltar’s post-Brexit status. London and Madrid are negotiating how to police the land border… Read More ›
Slovakia, Hungary start vaccinating against COVID-19
Slovakia has started vaccinating its population against the coronavirus-induced COVID-19 disease on Saturday, following a joined coordinated push by the European Union against the global pandemic. Vladimir Krcmery, a member of the government’s Pandemic Commission, was the first person in… Read More ›
UK to start inoculating Oxford COVID-19 vaccine from January 4, 2021
According to a report from the Sunday Telegraph, the UK will begin rolling out the Oxford University’s COVID-19 vaccine from January 4. The first dose of the Oxford vaccine, which has been licensed to AstraZeneca, or that of Pfizer-BioNTech’s, will… Read More ›
Turkey wants better ties with Israel: Turkish President Tayyip Erdogan
On Friday, in a development that marks a change in Turkey’s stance towards Israel, Turkish President Tayyip Erdogan said he wants Ankara to have better ties with Israel even as talks at the intelligence level continues between the two countries…. Read More ›
Farallon Capital Management joins Effissimo Capital Management for Toshiba EGM
On Friday, U.S. hedge fund Farallon Capital Management stated it has asked Toshiba Corp to convene an Extraordinary General Meeting (EGM) over its investment strategy. This is the second such call for an EGM in a week by major Toshiba… Read More ›
Starting from Monday, all UK passengers flying to US must test negative for COVID-19: CDC
In a significant development, the Centers for Disease Control and Prevention (CDC) said starting from Monday, the U.S. government will require all airline passengers coming from the United Kingdom to test negative for COVID-19 within 72 hours of departure. All… Read More ›
Britain & EU clinch narrow trade deal
In a significant development, negotiators from the European and the UK have clinched a narrow Brexit trade deal, just seven days before Britain is set to leave the world’s biggest trade bloc. The deal offers Britain a way out of… Read More ›
Google To Partner With Oil Giant Saudi Aramco To Offer Cloud Services In The Gulf Region
A joint venture between Google and the Saudi Arabian state-owned oil producer Saudi Aramco will open a “cloud region” where it can provide its cloud services in the kingdom with the novel coronavirus pandemic speeding up adoption of digital solutions… Read More ›