In a significant development, global index publisher FTSE Russell stated it will delete more Chinese companies from its global benchmarks following the Trump administration strengthening an executive order barring U.S. investment in Chinese firms which have military backing. On Monday,… Read More ›
Strategy
Indonesia signs $9.8 billion deal for constructing integrated electric battery factory from upstream to downstream
In a significant development South Korea has signed a memorandum of understanding (MOU) with a unit of South Korean giant LG Group for a battery investment deal valued at $9.8 billion electric vehicle (EV). The deal, signed on December 18,… Read More ›
Trump Administration bolsters executive order barring U.S. investment in Chinese companies
In a significant development, the Trump administration has further bolstered an executive order barring U.S. investors from purchasing securities of Chinese military-controlled companies. There is some disagreement among U.S. agencies on how tough to make the directive. In a statement,… Read More ›
JPMorgan Chase & Co to acquire global loyalty division of cxLoyalty Group Holdings Inc
In a statement JPMorgan Chase & Co said, it would acquire the global loyalty division of cxLoyalty Group Holdings Inc – a third-party credit card loyalty program service provider. JPMorgan did not disclose the financial terms of the acquisition. “People… Read More ›
Cross border traffic main irritant in UK-Spain negotiations: Spanish Foreign Minister Arancha Gonzalez Laya
On Tuesday, in a statement Spanish Foreign Minister Arancha Gonzalez Laya said, the main burr that needs ironing out in negotiations between Britain and Spain is Gibraltar’s post-Brexit status. London and Madrid are negotiating how to police the land border… Read More ›
Oxford-AstraZeneca Covid-19 Vaccine Could Be Approved By UK This Week
The United Kingdom is likely to approve usage of the Covid-19 vaccine developed jointly by AstraZeneca and the University of Oxford in this week. The Medicines and Healthcare products Regulatory Agency of the country will approve the vaccine for use… Read More ›
Distribution Of Pfizer’s Covid Vaccine In EU To Be Completed By September
By September next year, the total distribution of the initial 200 million doses of the Covid-19 vaccine that has been developed by Pfizer and BioNTech would be completed across the European Union, said reports quoting a spokesman for the EU… Read More ›
Threats Of Plastic Surgery Pictures In UK Being Made Public By Hackers
Hackers, who broke into the IT network of a large cosmetic surgery chain and stole data, are now threatening to publish the data which includes patients’ before and after photos. The ransomware attack has been confirmed by the Hospital Group… Read More ›
Europe Aims To End Pandemic With Roll Out Of Mass Vaccination
Europe initiated a continent wide vaccination programme against Covid-19 at an unprecedented scale on Sunday with the aim of ending the pandemic that had taken a heavy toll on economies and killed more than 1.7 million people globally. Contracts with… Read More ›
Slovakia, Hungary start vaccinating against COVID-19
Slovakia has started vaccinating its population against the coronavirus-induced COVID-19 disease on Saturday, following a joined coordinated push by the European Union against the global pandemic. Vladimir Krcmery, a member of the government’s Pandemic Commission, was the first person in… Read More ›