In a statement U.S. Secretary of State Antony Blinken said made it lucidly clear that Washington and its allies would take appropriate, unspecified “action” if Beijing decides to invade and annex Taiwan. When asked by the New York Times, at… Read More ›
A filing in U.S. District Court in Chicago shows, Boeing Co has agreed to acknowledge liabilities for compensatory damages in lawsuits filed by families of the 157 people killed in the 2019 Ethiopian Airlines 737 MAX crash. Following an agreement between… Read More ›
Porsche AG’s potential IPO will benefit from being part of the Volkswagen Group, said CEO Oliver Blume. “We feel very comfortable in the Volkswagen Group, we can profit from synergies. The important thing in this time is to focus on… Read More ›
Shares of Nykaa, India’s cosmetics-to-fashion platform, made a blockbuster debut valuing the company at close to $13 billion. With the news reaching the market, shares of FSN E-Commerce Ventures, the profit-making parent company that owns the Nykaa brand, soared by… Read More ›
In a joint statement, self-driving truck startup Plus and blank-check company Hennessy Capital Investment Corp V said, they are calling off their merger given the regulatory environment outside the US. Earlier this year in May, Plus had said it would go… Read More ›
In a statement McAfee Corp said, a consortium led by U.S. private equity firm Advent International has decided to take it private in a $14 billion deal. The development comes at a time when the coronavirus-induced COVID-19 pandemic had led to… Read More ›
On Tuesday, Malaysia’s state energy firm, Petroliam Nasional Berhad (Petronas) stated, it has entered into a joint agreement with Malaysia’s unit of Exxon Mobil Corp to jointly explore opportunities in capturing carbon and storage (CCS) technologies in a bid to decarbonise… Read More ›
As per a source with direct knowledge, a think-tank of China’s powerful state council met banks and real estate developers in Shenzhen city midst intensifying worries liquidity crisis facing China’s property sector. The meeting, held yesterday, included participants from China… Read More ›
According to a senior US official, the United States plans on investing in five to 10 large infrastructure projects across the globe in January 2022 as part of a broader Group of Seven initiative to counter China’s Belt and Road… Read More ›
In a statement, British defence giant BAE Systems said, it has decided to stick to its revenue guidance, with earnings set to grow by 3% to 5% this year over the previous year’s result. It also mentioned that demand for its… Read More ›
manageria.biz 