On Monday, Danish services provider ISS announced, it has hired Danske Bank’s Jacob Aarup-Andersen, as its new chief executive officer, who will assume office from September 1. Aarup-Andersen, 42, who currently heads Danske’s Danish banking unit will replace incumbent CEO… Read More ›
On Monday, a report from the Wall Street Journal citing anonymous sources stated SoftBank Group Corp is in talks to sell “a significant portion” of its stake in T-Mobile US to controlling shareholder Deutsche Telekom AG. “A deal would see… Read More ›
On Monday, SoftBank Group Corp stated, Alibaba co-founder Jack Ma will resign from its board. Jack Ma’s departure is the latest high profile departure from Softbank’s board. Ma, who retired as Alibaba’s executive chairman in September 2019, is increasingly pulling… Read More ›
Continuing the gradual processing of re-opening its stores, late on Sunday Apple Inc said, it plans on reopening more than 25 of its branded stores in the United States later this week, in a development that will see Cupertino open… Read More ›
Late on Friday, Blackstone Group’s Gavilan Resources LLC filed for Chapter 11 bankruptcy citing oil price collapse and a bitter legal battle with a partner. Formed following the $2.3 billion acquisition of Texas shale oil properties in 2017, Gavilan listed… Read More ›
Starting July, big internet companies will need to pay value-added tax on sales of digital products and services in Indonesia. Analysts say that this move could be followed up by other countries as countries try to find out ways and… Read More ›
After the latest round of negotiations between the United Kingdom and the European Union over post Brexit deals yielding little results, both the parties have urged that each one should conceded some ground in the negotiations for r a trade… Read More ›
The challenge that the Chinese economy faces from staging a complete recovery of its economy from the hit of the novel coronavirus pandemic became evident when figures came to the forefront that the rate of unemployment in the second largest… Read More ›
Social media companies in France will now be fined if they fail to remove some particular illegal content within 24 hours – and in some specific cases, within just one hour, according to a new controversial hate speech law that… Read More ›
The United States could face its “darkest winter in modern history” because of the coronavirus, a former top US health official has told Congress. Rick Bright was removed from his post last month after he had led the government agency… Read More ›
