According to a report published on Saturday by Bloomberg News, the Chinese etch company and owner of the short video sharing app TikTok, ByteDance, is reportedly considering options for a sale out of it’s the operations of the video sharing… Read More ›
Following the announcement by BNY Mellon that it had constituted a special unit that would help its clients to BNY Mellon, the value of the crypto currency bitcoin surged to a new all-time high on Thursday. The bank said that… Read More ›
The largest entertainment company of the world Walt Disney Co returned to profits in its latest completed quarter driven by a growth in its Disney+ subscribers as well as lowering of losses at its theme parks which were hit hard… Read More ›
The move by the new government of the United States under president Joe Biden to not impose additional tariffs on goods from the European Union as a part of the -running dispute over aircraft tariffs was acknowledged by the EU… Read More ›
In a statement, the French Finance Ministry stated, French companies from the automobile and electronics sectors will collaborate and work together in the near-term in order to improve and fix supply chain glitches that have hit the automotive industry. Carmakers… Read More ›
The global beverage leader PepsiCo Inc is hopeful that consumers would be returning to their pre-pandemic lifestyles with the reopening of the economies and the wider implementation of Covid-19 vaccines around the world which prompted the company to forecast organic… Read More ›
With parents choosing to stock up on toys to keep children busy through the Covi-19 pandemic related school closures, Barbie hit sale figures of $1.35bn last year which was the highest for the company since at least 2014. There was… Read More ›
In a statement PepsiCo Inc said, its pancake mix and syrup products will henceforth be sold under the “Pearl Milling Company” name; the development comes in the wake of the company dropping its “Aunt Jemima” brand logo in 2020 due… Read More ›
Despite making a combined $32 billion loss excluding special items, the airline industry of the United States stull ended 2020 with a lot of cash at hand. At the end of 2020, there was $31.5 billion in cash on their… Read More ›
Amid a global shortage of chip, one of the market leaders of the industry the Taiwan Semiconductor Manufacturing Co Ltd (TSMC) has said that it is “expediting” auto-related products through its wafer fabs while also reallocating wafer capacity. The worst… Read More ›
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