Business in the services sector in Japan slowdown in August at the fastest pace since May last year while factory activity growth in the economy also declined which is reflective of the hit on the economy of the latest wave… Read More ›
Strategy
Continued Chinese Clampdown Results In Half A Trillion Dollars Being Wiped From China Markets In A Week
The continued crackdowns by Chinese regulators on domestic tech companies hit investors’ confidence – consequently tech stocks of the country hit new lows while Hong Kong’s benchmark index touched an almost 10-month low. Within just a week, the fall in… Read More ›
BlackRock Japan hiring former Bank of Japan policymaker Takako Masai
On Monday, in a statement BlackRock Japan said, it was in the process of hiring former Bank of Japan policymaker Takako Masai as an external board member, effective from Tuesday. Masai served as the sole female member of the central… Read More ›
LG Chem’s share fall after GM’s expands Chevrolet Bolt recall
On Monday, shares of LG Chem Ltd slid by nearly 10% following a statement by General Motors Co that it would recall an extra 73,000 Chevrolet Bolt cars, which use the South Korean firm’s batteries, months after a similar recall by Hyundai… Read More ›
Britain pushes G7 for new economic sanctions on Taliban
Britain plans on collaborating with world leaders to consider imposing new sanctions on the Taliban, which took control of Afghanistan following the disorderly exit of US troops from the country. The G7 is scheduled to meet on Tuesday to discuss… Read More ›
Extinction Rebellion targets London’s financial district
Climate change activists have targeted the headquarters of the City of London’s government following the beginning of their two weeks of protests centered around London’s financial district. More than 200 demonstrators from the group Extinction Rebellion targeted the home of… Read More ›
M&S Makes A Rare Profit Upgrade With Success Of Its New Strategy
The latest turnaround plan of the British retailer Marks & Spencer is showing signs of being able to deliver results as the retailer raised its profits outlook recently following a surge in demand and sale for its food products and… Read More ›
Study Shows Covid-19 Prevented By AstraZeneca’s Antibody Therapy
The new antibody therapy from AstraZeneca could be the answer for those people seeking protection from Covid-198 but respond poorly to vaccines as the therapy has shown evidence of reducing the risk of people developing Covid-19 symptoms by 77 per… Read More ›
US FTC Files Refreshed Antitrust Complaint Alleging Facebook Crushed Or Bough Rivals
After having failed once before, the United States Federal Trade Commission (FTC) filed a refreshed antitrust case against the social media giant Facebook Inc earlier this week as the regulator’s latest case contains more information and details to support its… Read More ›
Maersk Strikes Agreement For Securing Supply Of Green Methanol
The largest shipping company of the world, A.P. Moller-Maersk, has struck and agreement for secured supply of green methanol as the company gets ready to begin operations of its fi carbon neutral container by 2023, the company said. Transportation by… Read More ›