Every year, almost 2 million people die because of work related reasons, including form illnesses related to working long hours and from air pollution, showed a recent report published by United Nations agencies. In 2016, 1.9 million people all across… Read More ›
According to an internal memo from Citigroup Inc, the bank is hiring Steve Milovanovic to head its investment banking unit which focuses on mergers and acquisitions by financial institutions in the Americas. The contents of the memo were confirmed by… Read More ›
According to sources familiar with the matter at hand, Warburg Pincus LLC aims to raise $16 billion from investors for its biggest ever flagship global private equity fund. Warburg Pincus is in the “early stages of raising Warburg Pincus Global… Read More ›
In a statement the US Commerce Department said, U.S. Commerce Secretary Gina Raimondo and White House economic adviser Brian Deese are scheduled to host a semiconductor supply chain meeting at the White House on September 23. Officials in the meeting… Read More ›
In a statement Discord said, it has raised $500 million in a funding round led by investment firm Dragoneer Investment Group. Previously Bloomberg News had reported the value of the deal at around $15 billion. Discord declined comment on the… Read More ›
In a statement, the Federal Housing Finance Agency, a regulator which oversees housing giants Fannie Mae and Freddie Mac, has proposed changes to recently imposed capital and leverage requirements on the pair, which aims to encourage the pair to shift… Read More ›
On Wednesday, in a statement Snap Inc, Snapchat’s owner said, it has hired a longtime online safety advocate as its first global head of platform safety; the development comes at a time when the company continues to ramp up efforts… Read More ›
In a statement Microsoft Corp said, it has decided to buyback its shares worth up to $60 billion and raise its quarterly dividend by 11%. It has also appointed Brad Smith as its President and as its vice chairman. It also… Read More ›
In a statement the White House said, President Joe Biden will nominate Georgetown University law professor, a privacy advocate, to the U.S. Federal Trade Commission. “It is the honor of my life to be nominated to serve on the FTC…. Read More ›
In a statement the F-35 Joint Program Office stated, the Pentagon has awarded Lockheed Martin Corp annualized contracts worth up to $6.6 billion to support operations and sustainment of the global F-35 fleet. The sustainment contract, for fiscal year 2021, with… Read More ›
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