According to a report from The Telegraph, Britain and the European Union are unlikely to sign a post-Brexit trade deal, with only a few days left before British Prime Minister Boris Johnson’s July deadline. The assumption of the UK’s government… Read More ›
International Business Machines Corp’s second quarter profits have beaten analysts’ estimates underscoring heightened demand in its cloud computing business with large companies accelerating their shift induced by the coronavirus crisis. With the news reaching the market, shares of the company… Read More ›
On Monday, in a significant development, reports from the Daily Telegraph and the Times stated, Britain will be suspend its extradition treaty with Hong Kong today following forceful introduction of China’s national security law in the former British colony. Accusing… Read More ›
On Monday, in a statement discount retailer Dollar Tree Inc stated, it has promoted its enterprise president Michael Witynski as its chief executive officer. Witynski wil be replacing Gary Philbin. Dollar Tree said Philbin, who will be retiring, will continue… Read More ›
In a development that underscores the growth of electric vehicles, New York Governor Andrew Cuomo announced an investment program that allocates $750 million to build charging stations and other electric-vehicle infrastructure, as part of New York’s state’s long term goal… Read More ›
In an interview on Friday, Kirill Dmitriev, the head of the Russian Direct Investment Fund stated, Russia expects to sign a deal with AstraZeneca wherein it will manufacture the COVID-19 vaccine being developed by the pharmaceuticals giant and Oxford University…. Read More ›
Despite a general global economic downturn brought about by the coronavirus induced lockdowns, Europe’s biggest automaker Volkswagen AG said, it expects a slight growth in China’s premium car segment this year. The comments were made by Volkswagen Group’s China chief,… Read More ›
Virgin Galactic Holdings Inc has named former Walt Disney Co executive Michael Colglazier as its new CEO. The news sent Virgin Galactic’s shares up by 4.3% in extended trade. Previously, Colglazier was the president and managing director at Disney Parks… Read More ›
In a significant development, U.S. manufacturing output in June surged to its peak in more than 74 years with motor vehicle production accelerating midst the reopening of businesses. However, the economic recovery is threatened by rising COVID-19 infections. The rise… Read More ›
French Finance Minister, Bruno Le Maire said, the French government plans on cutting taxes French companies have to pay in addition to normal corporate income tax by $22.8 billion (20 billion euros) over the next two years. “It will be… Read More ›
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