Britain’s Brexit minister David Frost has submitted his resignation last week over disillusionment with the direction British Prime Minister Boris Johnson was leading the country after Brexit. Frost’s resignation raises question of Britain’s future tone with EU over post Brexit… Read More ›
HR & Organization
Bank of Montreal in advanced negotiations to acquire U.S. unit of French bank BNP Paribas SA
As per a report from the Wall Street Journal, the Bank of Montreal is in advanced talks to acquire the U.S. arm of French bank BNP Paribas SA. An agreement could emerge as early as this week, if the talks… Read More ›
Will pay $11B in taxes this year: Elon Musk
In a tweet, Tesla Inc’s CEO Elon Musk said, he will be paying more than $11 billion in taxes this year. The development comes in the wake of Democratic Senator Elizabeth Warren tweeting that Musk should pay taxes and stop “freeloading… Read More ›
International banks in UAE adopt Mon-Fri work week
In a significant development, international banks in the UAE, including Deutsche Bank AG, Societe Generale SA, JPMorgan Chase & Co, are changing their work days from Monday to Friday. The move aligns working hours of international banks with those of most… Read More ›
Blast at had no impact on production: AvtoVaz
Russia’s Interfax news agency has reported a blast at the Russian factory of carmaker AvtoVaz in the city of Tolyatti citing a source. AvtoVaz was quick to downplay the incident saying it has had no impact on production. “On Sunday… Read More ›
Israel in 5th COVID wave, steps up vaccination, urges work from home
In a statement Israeli Prime Minister Naftali Bennett stated, the country is in the midst of a fifth COVID-19 wave as he urged citizens to step up vaccination and to take precautions such as working from home. In a televised… Read More ›
Oracle in talks to acquire electronic medical records company Cerner
According to sources familiar with the matter at hand, Oracle is in talks to acquire electronic medical records company Cerner in a deal valued at $30 billion. The potential deal could bring Oracle a raft of health data to train and improve… Read More ›
Mitsubishi Corp names Katsuya Nakanishi as CEO
On Friday, in a statement Japan’s Mitsubishi Corp said, Katsuya Nakanishi, its executive vice president who is also the chief of its power business will now head the company as of April 1, 2022. Mitsubishi’s current president Takehiko Kakiuchi will become… Read More ›
Legal changes could be made to ease transport of medicines from Britain to Northern Ireland: European Commission
On Friday, in a statement the European Commission said, it is scheduled to make legal changes aimed at easing the transport of medicines from Britain to Northern Ireland. The move could release the build up of pressure over EU-UK ties… Read More ›