Factory activity in China in the month of December increased, sustaining its recovery form the pandemic to pre-pandemic levels but the pace of growth slowed down because of cost pressures, showed a business survey published Monday. The Caixin/Markit Manufacturing Purchasing… Read More ›
On Monday, in a statement Entain Plc said, it has received a $11 billion bid proposal from U.S. casino operator MGM Resorts which significantly undervalued its business. In this latest transatlantic move which sees consolidation in the sector MGM Resorts’… Read More ›
With coronavirus-induced COVID-19 cases rising sharply in Japan and weighing down its medical system, Japan is considering declaring a state of emergency for Tokyo and three surrounding prefectures as early as this week, reported Fuji TV on Monday. On December… Read More ›
On Monday Scotland will enter another national lockdown which is likely to last until spring, reported The Times newspaper. In a statement Scottish government leader Nicola Sturgeon had said her cabinet is scheduled to meet on Monday to discuss potential… Read More ›
According to a report from the Wall Street Journal, billionaire activist investor Carl Icahn has sold more than 50% of his stake in Herbalife Nutrition Ltd for $600 million; he now plans on giving up the five seats held by… Read More ›
Even with the number of airplane crashes fell by more than 50 per cent in 2020, there was an increase in the number of people killed in large commercial airplane crashes to reach 299 globally, according to a report prepared… Read More ›
Fresh import tariffs on some French and German goods will be imposed by the Unite3d States as a part of a running trade dispute with the European countries. Some specific non-sparkling wine, cognac and other grape brandies along with… Read More ›
Rob Leathern, Facebook Inc’s chief of advertising integrity, who handled the social media giant’s ad products around sensitive subjects including coronavirus misinformation and politics, has left the company, according to an internal memo. Earlier this month Leathern had said on… Read More ›
On Saturday, driven by a steady adoption of electric vehicles, Tesla Inc reported a better-than-expected 2020 vehicle deliveries and narrowly missed its CEO’s ambitious full-year delivery goal. The results come at a time when the global auto industry, like most… Read More ›
In a memo, Delta Air Lines CEO Ed Bastian said stated, he continues to expect the company to achieve a positive cash flow by the coming spring. In a note to employees, Bastian said Delta Air Lines will likely “experience… Read More ›
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