During his two visit to India, British Prime Minister Boris Johnson is set to offer New Delhi help to cut its reliance on Russian oil and defence equipment in a visit that will test his diplomatic skills and provide some… Read More ›
HR & Organization
G7 finance ministers pledge 24 billion for 2022 and beyond to Ukraine
Finance ministers from the Group of 7 wealthy countries said, together they have pledged additional support to Ukraine in excess of $24 billion for 2022 and beyond; they also said, they were prepared to do more as and when required…. Read More ›
Twitter board member and cofounder criticizes functioning of Twitter’s board
Jack Dorsey, who co-founded Twitter Inc, took aim at the social media company in a series of tweets, following Elon Musk’s $43 billion takeover offer. Dorsey, who incidentally is on Twitter’s board, said Twitter’s board has “consistently been the dysfunction of… Read More ›
Elon Musk willing to take Twitter private with own money
According to a report from the New York Post, Elon Musk is willing to invest between $10 billion and $15 billion of his own money to take Twitter Inc private. Musk, Twitter’s second-biggest shareholder, has a 9.1% stake in the company…. Read More ›
TSMC raises $3.5 billion for Arizona chip plant
A term sheet from TSMC shows that the chip giant has raised $3.5 billon in bonds for its new plant in Arizona. TSMC, the world’s largest contract chip-maker, has commenced constructing a chip plant at Arizona last year. It intends to… Read More ›
Netflix subscriber base weighed down by changes in consumers on-demand services behavior, Ukraine war
For the first time in more than a decade, Netflix Inc reported a loss citing the war in Ukraine, and fierce competition which led to a loss of subscribers; it has also forecast deeper losses ahead, marking an abrupt shift… Read More ›
US biggest pension fund plans to replace Warren Buffett at Berkshire Hathaway
In a significant development, CalPERS, the biggest U.S. public pension fund, said it will vote for a shareholder proposal to replace Warren Buffett as Berkshire Hathaway Inc’s chairman; he will however continue to remain as its CEO. In a regulatory… Read More ›
EU embargo on Russian oil being prepared: French Finance Minister
On Tuesday, French Finance Minister Bruno Le Maire said, an embargo on Russian oil at a European Union level was in the pipeline. “I hope that in the weeks to come we will convince our European partners to stop importing… Read More ›
New Zealand imposes new sanctions on Russia
On Tuesday, New Zealand imposed new sanctions on Russia’s largest banks and financial institutions, following its invasion of Ukraine. “We are deeply concerned at the reports of brutality from Russian forces,” said Foreign Minister Nanaia Mahuta in a statement. “New… Read More ›
InfoWars files for Chapter 11 bankruptcy
Following filing of multiple defamation suits, InfoWars has filed for voluntary Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas. Chapter 11 bankruptcy procedures put a hold on all civil litigation matters and allow… Read More ›
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