On Thursday, in a statement Sony Corp and AT&T Inc’s animation business Crunchyroll stated, the former will purchase the latter for $1.175 billion. The development sees Sony aiming to boost its entertainment content and distribution businesses. The deal will provide… Read More ›
Strategy
With Eyes On A Quick Post-Brexit Trade Deal, UK Abandons EU Tariffs On Boeing
Tariffs imposed of the United States based plane maker Boeing have been dropped by the United Kingdom in the hope that it will be able to secure a trade agreement with the US faster after Brexit. This move by the… Read More ›
People’s Vaccine Alliance Claims Cvoid-19 Vaccines Being Hoarded By Rich Countries
A coalition of campaigning bodies has warned that it is likely that people from poor countries will miss out on a Covid-19 vaccine because the richer countries are hoarding doses of the vaccines. Only one in 10 people will be… Read More ›
Hyundai Motor to recall Kona electric cars and Nexo fuel cell vehicles due to faults in electronic braking system
In a statement South Korea’s Transport Ministry said, Hyundai Motor Co plans on recalling 50,864 Kona electric cars and Nexo fuel cell vehicles in the country due to a fault in the electronic braking systems. The recall is because existing… Read More ›
Goldman Sachs to wholly own Chinese joint venture: Internal Memo
In a statement Goldman Sachs Group Inc said, it has entered into an agreement with its Chinese joint venture partner to wholly own the business. The development marks Goldman Sachs as the latest foreign bank to take advantage of China’s… Read More ›
Brazilian airlines airlines Gol Linhas Aereas Inteligentes SA to resume Boeing 737 MAX flights from Dec. 9
In a statement Brazillian airlines Gol Linhas Aereas Inteligentes SA said, from December 9 it would resume flying Boeing Co’s 737 MAX planes on its commercial routes in its domestic network. It expects all seven of its 737 MAX aircraft… Read More ›
Food Delivery Industry Boosted By The Pandemic To Face Reality Check Soon
The global food delivery industry was seen to be facing a reckoning at the beginning of 2020 after the industry raised and lost billions of dollars for years. After losing its foothold on the market, Grubhub, one of the pioneers… Read More ›
New Onetime Tax On The Superrich Imposed In Argentina To Fight Covid-19
In order to generate more money in the form of taxes to tackle the Covid-19 pandemic, a new tax on the wealthiest people of the country has been passed by Argentina. According to this new tax, money that would be… Read More ›
U.S. sanctions coming over Hong Kong crackdown : Sources
According to three sources familiar with the matter at hand, Washington is preparing to impose sanctions on at least 12 Chinese officials over their alleged role in disqualifying elected legislators in Hong Kong. The move is likely to be formally… Read More ›
Clauses in UK’s Internal Market Bill breaks international law, only negotiating tactics: Irish Foreign Minister Simon Coveney
Irish Foreign Minister Simon Coveney stated, Britain’s plan to table a legislation aimed at breaking an earlier Brexit impasse is a “negotiating tactic” and EU negotiators should recognize it as that and not get distracted. Britain’s upper house of parliament… Read More ›