On Friday, European Council President Charles Michel said, the Brexit negotiations were certainly not easy and that countries, regions and industries will face disruptions from 2021 regardless of whether there is a deal or not. He also laid out a… Read More ›
In a statement, the U.S. State Department said, a military package, related to the upgrading Patriot surface-to-air missiles, worth $620 million has been approved for Taiwan, in the latest move designed to bolster defenses against threats emanating from China. The… Read More ›
On Friday, data released by China’s Civil Aviation Administration of China (CAAC) shows, the country’s aviation industry suffered a $4.89 billion (34.25 billion yuan) loss during the second quarter, which incidentally is only slightly smaller than the one it suffered… Read More ›
The European Parliament has approved the appointment of Francois-Louis Michaud as executive director of the bloc’s banking watchdog, overturning a recommendation to reject him. Last week, the parliament’s economic affairs committee had narrowly voted in favour of rejecting Michaud, with… Read More ›
In a telephone call with Germany Chancellor Angela Merkel, British Prime Minister Boris Johnson said, Britain is prepared to leave the European Union on the same terms that Australia has with the bloc if it is unable to hammer out… Read More ›
In a court filing Boeing Co stated, it has reached settlement agreements with more than 90% of the wrongful death claims filed in federal court following the crash of a Lion Air 737 MAX aircraft in 2018 in Indonesia that… Read More ›
On Monday, data analytics company Palantir Technologies Inc said, it has confidentially filed paperwork with the U.S. Securities and Exchange Commission (SEC) to go public. The submission relates to Palantir’s proposed public listing of its Class A common stock, it… Read More ›
Going by Nissan Motor Co’s latest annual securities report, since April it has managed to raise $7.8 billion in financing from its creditors as it tries to shore up its cash reserves in the face of falling sales induced by… Read More ›
According to official data released on Monday, the tens of millions of dollars U.S. lawmakers earmarked to assist small businesses during the Wuhan coronavirus-induced economic downturn, also went to investment banks who advise on corporate dealmaking. Some part of the… Read More ›
The New York Federal Reserve Bank purchased agency mortgage-backed securities worth $22.705 billion during the June 25 to July 1 period. This is compared to $22.859 billion purchase in the previous week. The move is aimed at helping the housing… Read More ›
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