The request of the European Union to postpone the ratification of their post-Brexit trade deal by a month was agreed to by the United Kingdom. This move however added on to the existing uncertainty into what is already a very… Read More ›
Strategy
Jim Bell resigns as GameStop’s CFO
In a statement GameStop said, its Chief Financial Officer Jim Bell will be stepping down next month with the video game retailer saying, it is increasingly focusing on shifting into technology-driven sales. GameStop reiterated that Bell’s resignation was not due… Read More ›
Amazon.com Inc’s Senior Vice President Jeff Blackburn leaves the company
In an internal note, Amazon.com Inc’s Senior Vice President Jeff Blackburn said, he is leaving the company after having spent 22 years in the company. Blackburn used to oversee Amazon’s mergers and acquisitions division; he has been on a sabbatical… Read More ›
SEC suspends KPMG auditors Jennifer Stewart and Christopher Stanley for improper professional conduct
In a statement, the U.S. Securities and Exchange Commission said, it has suspended two former KPMG auditors from practicing before the regulator after it found that they had failing to properly conduct an audit of the now-defunct, not-for-profit college that… Read More ›
With Investors Nervous Of Sky-High Price, Bitcoin’s Value Continues To Plunge
With investors getting jittery about the astronomical price that the crypto currency bitcoin had attained in recent times, the value of the virtual currency sunk as much as 17 per cent on Tuesday. According to analysts, the drop came as… Read More ›
Damage to fan blade of United Airlines Boeing 777-200 consistent with metal fatigue: NTSB chairman
In a statement, Robert Sumwalt, the chairman of the U.S. National Transportation Safety Board (NTSB) stated, according to a preliminary assessments, the damage to the fan blade in the Pratt & Whitney engine which failed in the United Airlines Boeing… Read More ›
Tesla’s $1,5bn Bitcoin Investment Gave It A Profit Of About $1bn: Analyst
The investment in the crypto currency bitcoin made recently by the United States based electric car maker Tesla has given the company a paper profit of about $1 billion, said Daniel Ives, analyst at Wedbush Securities. In a note published… Read More ›
McDonald’s To Achieve Gender Parity In Leadership Roles By 2030
With the aim of enhancing diversity at the workplace, the fats food chain McDonald’s has set a target of achieving equality in terms of number of men and women in leadership roles at the company. Additionally, over the next four… Read More ›
Discovery sees 12M paid streaming subscribers by February 2021
Discovery Inc said on Monday it expects to have 12 million global paid streaming subscribers by the end of this month, as coronavirus-led restrictions kept people home and fueled streaming subscriber growth. Launched in January, discovery+ houses 55,000 episodes from… Read More ›
Britain calls for urgent unfettered access to Xinjiang which houses modern concentration camps
On Monday, Britain is set to call on the United Nations to ask China to give “urgent and unfettered” access to Xinjiang to investigate reports of abuses in the Chinese region. The development is also set to mark Britain’s return… Read More ›
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