On Monday, Mint, a financial daily has reported citing sources aware of the development, that the Carlyle Group is eyeing to invest up to $2 billion in India’s Reliance Industries’ retail business. If the deal goes through, Carlyle’s investment would… Read More ›
New restrictions on the activities of diplomats from the United States working in Mainland China and Hong Kong was announced by China which has been described by China as a justified response by it to similar measures that were previously… Read More ›
The massive spending of the United States government to support the economy in the wake of the novel coronavirus pandemic has forced the US budget deficit to hit a record high of more than $3tn. According to the data available… Read More ›
The delay in the final phase of human trials for AstraZeneca coronavirus vaccine was described as a ‘wake up call’ by the World Health Organization (WHO). AstraZeneca had announced the suspension of its phase three human trials all over the… Read More ›
An explosion in a tunnel in Australia that led to the destruction of a 46,000-year-old sacred Indigenous site in Australia while Rio Tinto as expanding an iron ore mine has forced the resignation of the company’s CEO Jean-Sébastien Jacques under… Read More ›
Further strict measures to clamp down on misinformation online prior to the presidential elections in the United States are being taken by Google and Twitter, the two companies have said. Ahead of the November vote a flood of false claims… Read More ›
In a significant development, Citigroup Inc has named Jane Fraser, the head of its consumer banking division, as its next CEO, marking her as the first woman to break the glass ceiling to lead a major Wall Street bank. With… Read More ›
In a significant development, U.S. Senator Marco Rubio has asked for a national security review of General Nutrition Centers plans to sell itself to Harbin Pharmaceutical Group Co Ltd. Rubio made the request in a letter to Treasury Secretary Steven… Read More ›
On Friday, Japan’s Foreign Minister Toshimitsu Motegi stated, he plans on holding talks with British trade minister Liz Truss later today to discuss a post-Brexit bilateral trade deal in the hope to reach a broad agreement. “I will hold talks… Read More ›
According to the global airline industry the “largest transport challenge ever” for the industry will be faced in shipping a coronavirus vaccine around the world. The International Air Transport Association (IATA) has said that doing so will require the equivalent… Read More ›
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