In a statement, the union of JetBlue Airways Corp stated, it has rejected a tentative agreement that would have given the airline contractual relief to implement its planned partnership with American Airlines Group Inc. In July, budget carrier JetBlue and… Read More ›
Shares of Chinese drone maker EHang Holdings Ltd’s plunged on Tuesday following a report by an investment research firm which stated that it had shorted the stock and questioned the accuracy of its business reporting. Shares of Guangzhou, China-based EHang’s… Read More ›
On Wednesday, Nestle SA said it will be selling its North American water brands including Poland Spring and Pure Life to private equity firms Metropoulos & Co and One Rock Capital Partners for $4.3 billion. The sale also includes brands… Read More ›
The Indian economy is set to make a recovery from the pandemic induced economic contraction by next year, said the ratings agency S&P Global Ratings on Tuesday. The ratings agency predicted in a report that in fiscal 2022, the largest… Read More ›
A report by the United Kingdom government’s scientific advisers claimed that the variant of the novel coronavirus that is dominant in the UK could be as much as 70 per cent more deadly than the previous strains. The prevalent concerns… Read More ›
Because of its capacity to make Covid-19 vaccines both for its own population and other developing countries, analysts believe that India could become the second largest Covid-19 vaccine maker of the world. Historically, India makes most of the vaccines of… Read More ›
Despite the Japanese economy growing in the fourth quarter of 2020, the economy could not make up the loss that it had sustained during the earlier part of the year because of the Covit-19 pandemic as the Japanese economy registered… Read More ›
According to a government document, Tesla Inc will be setting up an electric-car manufacturing unit in the southern state of Karnataka. “The U.S. firm Tesla will be opening an electric car manufacturing unit in Karnataka,” said a state government official… Read More ›
In a significant development that marks an attempt to go back to pre-coronavirus pandemic times, officials from Israel said they plan to reopen restaurants around March 9 and restart tourism with Cyprus as part of a gradual return to normality… Read More ›
Salaries of most of the employees of the oil giant Royal Dutch Shell Plc will not be raised for the current year, said reports quoting information from sources with knowledge of the matter. According to the sources this decision was… Read More ›
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