In a development that marks the latest consolidation that is sweeping the gaming sector, Sony Interactive Entertainment said, it has decided to acquire the original creator of the “Halo” videogame and developer of “Destiny”, Bungie Inc, in a deal valued at… Read More ›
Strategy
Boeing lands Qatar Airways as launch customer for 777X freighters
Boeing has landed Qatar Airways as the launch customer for its 777X freighters, with the latter placing an order for 34 of the new freighters as well as a surprise purchase of 737 MAX passenger jets in a $30 billion-plus… Read More ›
FTC will conduct antitrust review of Microsoft’s acquisition of Activision Blizzard Inc
According to a source familiar with the matter at hand, the US Federal Trade Commission (FTC) will conduct an antitrust review of Microsoft Corp’s proposed acquisition of Activision Blizzard Inc. The FTC will scrutinize the deal to see whether it will… Read More ›
Will designate Qatar as major non-NATO ally soon: Biden
U.S. President Joe Biden has promised Qatar’s emir, Sheikh Tamim bin Hamad al-Thani, that he will designate Qatar as a major non-NATO ally. In a meeting in the Oval Office, Biden said he planned to notify the U.S. Congress of… Read More ›
Economists Expect Bank Of England To Impose Two Consecutive Rate Hikes, A First Since 2004
According to predictions of economists, the Bank of England will potentially raise interest rates twice this year which would be a first since 2004 for the central bank. The UK central bank is trying to lead the UK economy through… Read More ›
With Rise In Transportation Costs, Competition For Cargo Planes Is Also Increasing
As the shipping supply problem deepened last summer, an Italian cargo plane was quickly filled with thousands of lipsticks. They had a tight timetable to get to the United States. Mehir Sethi, CEO, and founder of True + Luscious, a… Read More ›
Boris Johnson Promises A Rewrite Of EU Legislation Will Promote Growth
Boris Johnson, the UK Prime Minister, has promised that a plan to change EU legislation that will be copied over after Brexit will encourage businesses to invest in the country. A “Brexit Freedoms Bill,” according to the prime minister, will… Read More ›
Russian Defense Ministry conducts anti submarine exercise in Norwegian Sea
In a statement on Monday, the Russian Defense Ministry said, the Northern Fleet has completed anti-submarine drills in the Norwegian Sea, as part of a broader naval exercise midst a stand-off with NATO and the United States. Russian military exercises… Read More ›
UK to announce Brexit Freedom Bill
On Monday, British Prime Minister Boris Johnson is set to announce the creation of the ‘Brexit Freedoms Bill’ which aims to make it easier to remove or amend EU regulations that were incorporated in British law before its departure from… Read More ›
Britain could increase troop deployment to NATO
In a statement the British government said, it is considering to make a major NATO deployment as part of a plan to strengthen Europe’s borders in response to Russia massing troops on Ukraine’s border. Britain has made it clear, in the… Read More ›