The experience gained and the lessons learnt from the Covid-19 pandemic should not be forgotten as any future pandemic would potentially be more dangerous than the one caused by the coronavirus, warned one of the scientists who was closely in… Read More ›
Strategy
European Commission takes closer look at Microsoft’s $16 billion acquisition bid for Nuance Communications Inc
The European Commission is taking a closer look into Microsoft Corp’s $16 billion acquisition of transcription technology company Nuance Communications Inc and has asked customers and competitors to draw up a list of concerns. The outreach is the most extensive scrutiny by… Read More ›
Ford Motor to invest $900M in Thailand
In a statement Ford Motor Co said it would invest $900 million to modernize its factories in Thailand which produces its Ranger pickup and Everest SUV; the investment is the company’s single largest in the country. The investment would be through… Read More ›
US weapons sales to Saudi Arabia passed by Senate
The U.S. Senate has rejected a resolution that aimed to prohibit the sale of advanced medium range air-to-air missiles, missile launchers and other weapons to Saudi Arabia. The vote, 67 to 30, against the resolution, was introduced by Republicans Rand… Read More ›
Australia joins diplomatic boycott of Winter Olympic games in Beijing
On Wednesday, in a statement Australian Prime Minister Scott Morrison said, Australia will join the United States in a diplomatic boycott of the Winter Olympic Games in Beijing. Australia’s move comes as other allies weigh similar moves to draw attention… Read More ›
India Russia sign 28 investment pacts
In a statement Indian Foreign Secretary Harsh Vardhan Shringla said, New Delhi and Moscow have signed 28 investment pacts including deals on shipbuilding, steel, energy and coal. Putin’s visit to India comes at a time when Russia has just commenced… Read More ›
US Private sector should have full clarity on what’s happening in Xinjiang before operating there: State Department
In a statement the U.S. State Department said, the private sector should have full clarity on what is transpiring in Xinjiang, China. The statement comes at a time when the Biden Administration has decided it will not send government officials… Read More ›
Lessons from Wuhan Coronavirus should not be squandered: Oxford-AstraZeneca
In a statement vaccine maker Oxford-AstraZeneca said, future pandemics could potentially be more lethal than COVID-19; the lessons learned from coronavirus induced COVID-19 outbreak must not be squandered. According to Johns Hopkins University, the Wuhan Coronavirus has, so far, killed 5.26… Read More ›
Kohl’s Corp e-commerce business worth $12.4 billion: Engine Capital LP
According to a report from the Wall Street Journal, U.S.-based activist investor Engine Capital LP is pushing Kohl’s Corp to divest its e-commerce business. The hedge fund, which has close to 1% stake in Kohl’s, wants the department store chain to… Read More ›
Frank Appel favorite contender for chairing Deutsche Telekom: sources
According to two sources close to the matter at hand, Frank Appel, CEO of Deutsche Post is the favorite to become the next supervisory board chairman of Deutsche Telekom. Both sources have confirmed that Deutsche Post’s supervisory board is scheduled to… Read More ›