In a significant development, a source familiar with the matter at hand has revealed, Toshiba Corp is weighing option which include a $20 billion offer from CVC Capital Partners, a private equity firm, to take it private. The development comes… Read More ›
In a statement the U.S. Securities and Exchange Commission said it had charged actor Zachary Horwitz with operating a $690 million Ponzi scheme.
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 ›
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 ›
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 ›
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 ›
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 ›
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 ›
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 ›
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 ›
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