Concerns that the poor initial public offering by the British food delivery app Deliveroo did not deter the United Kingdom based cybersecurity start-up Darktrace to announce plans to go public in London. This was announced by Darktrace on Monday. The… Read More ›
A deal on an intellectual property dispute has been reached between two major makers of lithium batteries that are used for electric vehicles. An unresolved dispute had threatened to hit the supply of batteries crucial for boosting production of electric… Read More ›
The best quarterly performance in its 116 year old history as a luxury car maker was reported by Rolls-Royce Motor Cars for its latest completed quarter. The company said that there was strong demand from the wealthy of the world… Read More ›
Seven Chinese business groups that were charged with manufacturing supercomputers for use by the country’s military were blacklisted by the United States. This is the first such move by the new Biden administration of the United States to put pressure… Read More ›
Energy group BP said that it has set itself up for delivering on its promise of buying back shares as the company said that in the first quarter of the current year, it had likely brought down its net debt… Read More ›
The latest Forbes’ annual rich list shows that there are more billionaires in the Chinese capital of Beijing than in any other city on the world. The business magazine said that 33 new billionaires were added to the city last… Read More ›
The Supreme Court of eh United States has ended the decade-long legal tussle between tech giants Google and Oracle over the allegation that Google had copied a an Oracle owned code in Google’s Android operating system. A case against Google… Read More ›
According to cyber security experts, a website used by hackers has posted the personal information of about half a billion used of Facebook from all over the world. The information that was posted included the phone numbers of the users…. Read More ›
According to two sources familiar with the matter at hand, Air France-KLM’s board is expected to meet on Monday to discuss a state-backed refinancing plan aimed at strengthen its balance sheet following a year of coronavirus-induced shutdowns. Sources went on… Read More ›
The trade dispute between China and Australia is set to escalate as Beijing is imposing massive import duties on wines imported to the country from Australia for the next five years. This move threatens to cut off their top export… Read More ›
