In a significant development, Lebanon’s army said it has found 4.35 tonnes of ammonium nitrate near the entrance to Beirut port. The development comes in the wake of a catastrophic explosion on August 4, which flattened the neighborhood, gutting buildings,… Read More ›
In a statement, the U.S. Transportation Department said, it plans to restore the ability of Indian air carriers to conduct ground handling operations at U.S. airports. The quid-pro-quo moves comes in the wake of India allowing U.S. air carriers to… Read More ›
In a statement, the U.S. Department of Justice said, it has charged Daniel Kamensky, New York-based hedge fund Marble Ridge Capital LP’s founder, with pressuring a rival not to bid for assets related to Neiman Marcus’ bankruptcy so that he… Read More ›
Adam Korn, a former managing director at Goldman Sachs who played a key role in the bank’s embrace of technology, has joined Sixth Street Partners, an investment firm, as its new chief information officer. Earlier this year, Korn left his… Read More ›
During the novel coronavirus pandemic induced lockdowns in the United Kingdom, the demand and sale of organic food and drink rose sharply. Over the past year, the demand and sale of such products have grown at a rate that as… Read More ›
Results of seven different clinical trials conducted by the World Health Organization and published on Wednesday in the Journal of the American Medical Association show that the risk of death from Covid-19 I reduced by one third by treating novel… Read More ›
According to sources familiar with the matter at hand, William Ackman, has approached Airbnb Inc about going public through a reverse merger with his blank-check company. The negotiations though are currently not moving ahead with Airbnb being more focused with… Read More ›
In a landmark moment for Europe’s push towards climate focused financing, investors lapped up Germany first-ever green bond. Germany has raised 6.5 billion euros from the 10-year bond after investors queued up for over 33 billion euros. “With today’s issue… Read More ›
According to a report from the Wall Street Journal, Robinhood Markets Inc is being investigated by the U.S. Securities and Exchange Commission (SEC) over its early failure to fully disclose its practice of selling clients’ orders to high-speed traders. The… Read More ›
With the restrictions on business and the economy being imposed to prevent the spread of the novel coronavirus pandemic, the Australian economy was pushed into its deepest economic slump on record in the second quarter of the current year. This… Read More ›
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