Plans for launching of a fully fledged digital platform that will rival not only Facebook but also Google and Apple were revealed by Snap, the company behind Snapchat. The company plans to soon launch an app store and expand its… Read More ›
Entrepreneurship
UK Auto Trade Body Says One In Six Jobs In Car Industry At Risk
If the United Kingdom government does not provide a coronavirus support package, one in six jobs in the country’s car industry will be at risk of redundancy, warned an industry body. This was disclosed in a survey conducted by the… Read More ›
Hopes Of Recovery Ignited By Significant Slowing Of Downturn In Euro Zone In June
The economic downturn in the euro zone because of the hit to economic activities by the novel coronavirus pandemic continued to show signs of recovery in June. The latest data released on Tuesday gave a clear indication of the current… Read More ›
Abu Dhabi National Oil Company signs $10 Billion gas infrastructure deal with consortium of investors
On Tuesday, Abu Dhabi National Oil Company (ADNOC) stated, it had signed a $10 billion gas infrastructure deal with a consortium of investors. The deal comes at a time when gas prices are at a low. The pipeline deal is… Read More ›
Sacramento court rules in favor of Bayer in Roundup case
According to a report from Bloomberg, A federal judge in Sacramento, has ruled in favor of Bayer AG and has blocked California from requiring the German-based company to tell consumers that its herbicide Roundup is known to cause cancer. In… Read More ›
BlackRock warming up to European assets
On Tuesday, BlackRock’s Investment Institute stated, it was “warming up” to European assets following what it termed as an “impressive” performance by the Eurozone to tackle the Wuhan coronavirus. The Investment Institute, the research arm of BlackRock, the world’s biggest… Read More ›
Former CEO of Wirecard Markus Braun detained on allegations of inflating the company’s revenues and balance sheet
On Tuesday, Markus Braun, the former Chief Executive of Wirecard has been detained on accusations of make fake entries to boost the company’s balance sheet and revenues to make it appear stronger in order to attractive more customers and investors,… Read More ›
Tesla Inc could have its AGM on September 15, 2020
Tesla Inc’s Chief Executive Officer Elon Musk stated, the “tentative” date for the company’s annual general meeting would be September 15. The annual shareholder meeting was scheduled for July 7, but the meeting got postponed since new lockdown rules do… Read More ›
COVID19 exposed fundamental tensions between systemic rivals – EU and China
Tensions between the European Union and China could potentially cool down after a video summit today. The video summit will be their first formal talks since the European Union accused Beijing of trying to obfuscate and spread disinformation about the… Read More ›
Drug Controller General of India allows Cipla and Hetero Labs to make and sell Gilead Sciences’ COVID-19 experimental generic drug treatment
In a statement, India pharmaceutical company Cipla Ltd and Hetero Labs stated, they have received permission from India’s drug regulator to manufacture and market their generic version of Gilead Sciences Inc’s experimental COVID-19 remdesivir treatment. The COVID-19 treatment will be… Read More ›
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