On Monday, Finablr said, Ernst & Young LLP has resigned as its auditor following the company not being able to accommodate some of the changes requested by it on time. This includes “changes to the composition of the payments group’s… Read More ›
Regulations & Legal
All Foreign investments proposals in Australia comes under purview of Foreign Investment Review Board
In a significant development, Australia stated, its Foreign Investment Review Board (FIRB) will assess all foreign investment proposals so as to prevent a distressed sale of corporate assets. On Monday, Australia’s Treasurer Josh Frydenberg stated, the temporary reduction to zero… Read More ›
Coronavirus Pandemic Blamed For Its Collapse Space Firm By OneWeb
The high-profile London-based satellite start-up – OneWeb, blamed the coronavirus pandemic while it was forced to file for bankruptcy protection in the United States. The company was engaged in the development of a network to deliver broadband across the globe…. Read More ›
North Korea Test Fired More Missiles Than Ever This Month
While the world is struggling to control the spread of the deadly coornavirus pandemic, North Korea is continuing to conduct tests of its missiles. On Sunday, the pariah nation fired what was apparently two short-range ballistic missiles into the ocean… Read More ›
Tens Of Thousands Being Hired By US Retailers Including Kroger And Walmart
Supermarkets and grocers are making huge hiring to address the sudden additional demand of products as people continue to stock up because of the coronavirus pandemic. More than 23,500 employees have so far been hired by Kroger and has announced… Read More ›
Coronavirus Crisis Forces Many Poorer Countries To Seek Help From The IMF
The huge economic fallout from the coronavirus pandemic that has impacted more than 80 poor and middle-income countries who have now requested the International Monetary Fund for financial assistance in recent weeks. While saying that the global economy has entered… Read More ›
Coronavirus Stokes Global Food Security Concerns
As about one fifth of the global population around the world are placed under lockdowns because of the coronavirus pandemic, many countries are contemplating putting a cap on the flow of staple foods which has raised concerns for global food… Read More ›
DoJ approves Raytheon UTC merger subject to divestitures
In a statement, the U.S. Justice Department stated, it has approved the planned merger of United Technologies Corporation with Raytheon Co, subject to certain conditions. In June 2019, UTC agreed to combine its aerospace business with Raytheon in order to… Read More ›
G20 Will Do ‘Whatever It Takes’ To Fight Global Coronavirus Threat
The Group of 20 major economies of the world has decided to pump in $5 trillion into the global economy though national measures in order to try and ease the economic impact of the coronavirus pandemic while also pledging to… Read More ›
Japan sets up COVID-19 HQ, preparatory steps to declare state of emergency: Kyodo news agency
On Thursday, the Japanese government said, it is setting up a special headquarters for the Wuhan coronavirus, which could be activated as early as this afternoon, as it preps up efforts to fight the virus which has gone pandemic. Japan’s… Read More ›
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