In a statement Fox Corp said, it had filed a lawsuit against Flutter Entertainment for exercising its option to buy a 18.6% stake in U.S. sports betting firm FanDuel Group. According to a report from CNBC, while Fox wants to… Read More ›
Regulations & Legal
Google’s Copying Of Oracle’s Code Was “Fair Use”, Rules US Supreme Court
The Supreme Court of eh United States has ended the decade-long legal tussle between tech giants Google and Oracle over the allegation that Google had copied a an Oracle owned code in Google’s Android operating system. A case against Google… Read More ›
Covid-19 Vaccine Certificates Will Likely Be Mandatory For Travel, Says Qatar Airways CEO
The requirement for every air traveller to have a Covid-19 vaccination certificate will likely be the new trend with the industry trying to rebound from the severe hit to the global airline industry because of the pandemic, said the CEO… Read More ›
POSCO weighing options to exit Myanmar military controlled joint venture
In a significant development, South Korean steelmaker POSCO has begun reviewing how it might terminate its joint venture with a company controlled by the military in Myanmar, in the wake of the military coup there in February, said two sources… Read More ›
Japan Airlines Co Ltd to retire 13 Boeing 777 planes with PW4000 engines
In a statement, Japan Airlines Co Ltd (JAL) said, it had retired its fleet of 13 Boeing Co 777s equipped with Pratt & Whitney engines a year earlier than planned. The development comes in the wake of a February 2021… Read More ›
As US Economy Recovers, New Jobs Surge In March
With an increase in vaccination against Covid-19, easing of restrictions and people being prompted to get back to their pre-pandemic activities, there was a surge in new hiring in the United States economy in the month of March. Reopening… Read More ›
Information Of Half A Billion Facebook Users Posted On Hacking Website
According to cyber security experts, a website used by hackers has posted the personal information of about half a billion used of Facebook from all over the world. The information that was posted included the phone numbers of the users…. Read More ›
British Prime Minister Boris Johnson launches mass COVID-19 testing program, opens up sections of economy
On Monday, British Prime Minister Boris Johnson said everyone in England will be in a position to take a COVID-19 test twice a week in a development that sees the government’s vaccine rollout continue at a rapid pace. Johnson is… Read More ›
UK firms seeing long-term disruption in supply chain from Brexit: Survey
According to the results of a survey that was published on Saturday, the vast majority of British companies have faced trade related disruptions with the European Union following Brexit, with many expecting the issues to persist in the foreseeable future…. Read More ›
Family offices should be brought back within regulatory oversight: Democratic Commissioner Dan Berkovitz
According to a Democratic commissioner, the Commodity Futures Trading Commission (CFTC), should reverse its loosening of oversight of family offices. His comments come in the wake of the blowup of Archegos Capital. The downfall of the family office run by… Read More ›
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