According to a report from the Wall Street Journal, in 2020 the SEC had told Tesla Inc last year that tweets of its CEO Elon Musk had twice violated a settlement requirement wherein it was decided and agreed that his… Read More ›
HR & Organization
Tyson Foods Inc expands its plant-based meat alternatives to select Asia-Pacific markets
U.S. meat processor Tyson Foods Inc is set to launch its plant-based food in select Asia-Pacific markets from this month in its bid to cash in on the burgeoning demand for meat substitutes in the region. Nestle SA, Impossible Foods… Read More ›
UK’s COVID-19 vaccine passport as legal requirement for large events to be scrapped
In a report, The Daily Telegraph said, Britain plans on dropping its COVID-19 passports as a legal requirement for large events. Officials who are reviewing the status of COVID-19 certificates believe that there is no scope in UK law that… Read More ›
Economic growth likely to return to pre-COVID-19 levels in early 2022: French Finance Minister Bruno Le Maire
In a statement on Monday, French Finance Minister Bruno Le Maire said, the public deficit is likely to hover at 9.4% of the country’s gross domestic product; the previous estimate was 9%. In an interview with national TV channel France… Read More ›
Iranian oil cargo lands in US, second such import since 1991: EIA
In a significant development, data from the U.S. Energy Information Administration (EIA) shows, 1.033 million barrels of Iranian crude oil landed in the U.S. in March 2021, marking the second such shipment to be imported into the United States since… Read More ›
Vietnamese business hub Ho Chi Minh City enacts COVID-19 protocols
In a statement on Sunday, the Vietnamese government said, its business hub Ho Chi Minh City will begin social distancing measures for 15 days starting from May 31. The effort is aimed at curbing the spread of coronavirus-induced COVID-19 pandemic…. Read More ›
3M Co wins lawsuit alleging earplug design cover up
3M Co has won a lawsuit wherein the plaintiff had alleged that the company had covered up defects in the design of earplugs that are used by the military. This is the second case alleging that 3M fudged test results, hid… Read More ›
DOJ’s Antitrust Division and the Justice Department’s budget gets boost from the President
In a significant development U.S. President Joe Biden has proposed a hike of 11% in budgetary funding for the Federal Trade Commission and the Justice Department’s Antitrust Division, both of which have filed major lawsuits against big tech companies in… Read More ›
European Commission fines ICAP $7.9M for yen cartel
On Friday, antitrust regulators from the European Union levied a fine of $7.9 million (6.45 million euros) on the world’s largest interdealer broker ICAP for taking part in several yen interest rate derivatives cartels. In 2015, although the European Commission… Read More ›
Germany to invests $9.74 billion in large hydrogen projects
On Friday, in a statement, Germany’s Economy and Transport ministries stated, Berlin will invest more than $9.74 billion (8 billion euros) in large scale hydrogen projects, in an effort to scale up hydrogen as an alternative to polluting fossil fuels… Read More ›
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