On Wednesday, China’s SMIC, the country’s biggest chipmaker said, it is aware that Mong-song Liang, intends to resign from the board. His role in the company was that of co-chief executive. SMIC is working to verify Liang’s plans to leave… Read More ›
On Wednesday, in a statement oil major BP said, it has acquired a majority stake in Finite Carbon, the largest U.S. carbon offset developer as part of its climate goals; the move will also create a new revenue stream for… Read More ›
On Tuesday, the government of Singapore said, it will open a new segregated travel lane for a limited number of officials, businesses, and high economic value travelers from all countries. The move is part of efforts to revive its key… Read More ›
On Tuesday, in a statement Indonesia’s deputy minister at the coordinating ministry of maritime and investment affairs said, China’s Contemporary Amperex Technology (CATL) plans on investing $5 billion in a lithium battery plant in the country. The plant is scheduled… Read More ›
On Tuesday, British sportswear retailer JD Sports said, it had acquired shoe retailer Shoe Palace for $325 million. The acquisition of Britain’s biggest sportswear retailer marks of U.S.-based Shoe Palace marks its intention of expanding its footprint in the U.S. market…. Read More ›
On Tuesday, in a statement, Hyundai Motor said, it has nominated Jaehoon Chang, the global head of its premium Genesis brand, as the joint CEO and president of the company. It went on to add, the existing co-CEO and president,… Read More ›
The first batch of COVID-19 vaccines has arrived in Canada said Canadian Prime Minister Justin Trudeau. Canadians are likely to roll up their sleeves to take a shot as early as later today. “The first batch of doses of Pfizer-BioNTech’s… Read More ›
On Monday, shares of Burger King India jumped nearly 88% in its market debut following its IPO wherein it raised about $110 million. The development underscores the growth potential in the country’s burgeoning food service sector. Shares of the Indian… Read More ›
In a significant development, in a report The Mail said, loyal members of the Chinese Communist Party have infiltrated some of the UK’s leading companies, as well as universities and the British consulates. The Mail’s report is based on a… Read More ›
In a statement the office of British Prime Minister Boris Johnson said, it will pledge to end direct government support for overseas fossil fuel projects at a U.N. summit at a move aimed at tackling climate change. Britain will be… Read More ›
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