According to a report by Bloomberg on Monday, Saudi Aramco is in advanced negotiations to acquire a 20% stake in Reliance Industries Ltd’s oil refining and chemicals business for around $20 billion to $25 billion in Aramco’s shares. An agreement is expected… Read More ›
Strategy
Taliban should not be recognized as Afghanistan’s government: Boris Johnson
In a statement British Prime Minister Boris Johnson said, countries across the globe should not recognise the Taliban as the government of Afghanistan saying, it was clear that there would be a new administration in the country shortly. “We don’t… Read More ›
Pakistan-backed terror group Taliban gains full control over Afghanistan
In a statement a spokesman for the Taliban’s political office said, war was over in Afghanistan and called for peaceful relations with the international community. In an interview with Al Jazeera TV, Taliban’s spokesman Mohammad Naeem said, the Taliban did… Read More ›
United Airlines reroutes flights over Afghanistan following Taliban taking over Kabul
Late on Sunday, United Airlines said it is rerouting some flights to avoid Afghanistan airspace following the Taliban taking control of the presidential palace in Kabul. The Pakistan-backed terrorist group has rapidly gained control over territory in Afghanistan after U.S…. Read More ›
Sydney Airport Holdings’s board rejects $16.81 buyout offer citing undervaluation, open to higher offer
On Monday, Sydney Airport Holdings Pty Ltd said it has rejected an improved bid worth $16.81 billion (A$22.80 billion) from a group of infrastructure investors since it felt it was undervalued; it went on to add, it was open to… Read More ›
BHP Could Announce Decision On Exiting Petroleum Business Next Week
With growing pressure to cut its fossil fuel footprint, BHP Group Ltd is increasingly expected to give a final decision on the future of its petroleum business when it announces its results next week. There has been increasing pressure on… Read More ›
Hacker Of Largest Crypto Theft Ever Offered Reward And Immunity
A reward of $500,000 and immunity was offered to a hacker who stole more than $600m worth of cryptocurrency for returning the money. The controversial offer, made after the hacker pledged to send back the money, was made by Poly… Read More ›
Only fully vaccinated to return to US offices from Sept 7: IBM
In a statement International Business Machines Corp (IBM) said it will allow only fully vaccinated U.S. employees to return to offices, which are scheduled to open from September. The measure is part of its suit of measures to help contain the rapid… Read More ›
Intel discloses stake in cryptocurrency exchange Coinbase Global Inc
In a statement Intel Corp disclosed that it has taken a small stake in U.S. cryptocurrency exchange Coinbase Global Inc. Its stake is less a million dollars. As of June 20, Intel held around 3,014 shares of Coinbase’s Class A… Read More ›
Britain helps travel industry, cuts cost of COVID-19 tests for travel purposes
In a statement Britain’s Department of Health and Social Care said, it was cutting the cost of COVID-19 tests for travel from the National Health Service (NHS) and was reviewing the list of private providers to ensure pricing is transparent;… Read More ›