The market share of the investing unit of Germany’s biggest lender, Deutsche Bank, dwindled across an array of key services during the second quarter, according to data available from Dealogic, which highlighted the fragile recovery at the bank. At the… Read More ›
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$50m Reportedly Demanded By Hackers From Saudi Aramco Over Data Leak
Company data from one of the contractors of Saudi Aramco, the most valuable oil producer of the world, was leaked, the Saudi oil giant has confirmed. Such leaked data is now reportedly being used for an attempted extortion of $50milion… Read More ›
Production And Sale Of Passat In US To Be Ended By VW To Focus On SUVs
German car maker group Volkswagen AG will end all sales and production of the Passat sedan in the United States starting next year, the company said on Monday. Analysts see this move by the company as a part of its… Read More ›
Bitcoin Drops Below $30,000, Global Crypto Market Loses Nearly $90 Billion In 24 Hrs
The global cryptocurrency market saw almost $89 billion being wiped off in 24 hours on Tuesday, according to CoinMarketCap data, as the value of most digital coins being dragged down by bitcoin which dropped below $30,000 for the first time… Read More ›
Pakistan Implements Measures To Make Cryptocurrency Boom Under Regulation
There has been a boom in trading and mining cryptocurrency in recent times in Pakistan with thousands of views of relate videos on social media as well as transactions on online exchanges showing the growing interest in the country. The… Read More ›
Women Account For 1/3 Of British Financial Service Firm Boards, Says Report
There has been a significant improvement in the proportion of women on the board of listed financial companies in Britain over the last five years since the government initiated an initiative to improve gender balance in the sector. A report… Read More ›
IEA Says More Fossil Fuel Burning Required To Meet Growing Electricity Demand
A report published by the International Energy Agency (IEA) recently said that the growth rate in the demand for electricity globally was faster than the growth and roll out of renewable renewable energy capacity and therefore the gap will has… Read More ›
Persistence Of Northern Ireland Trade Issue Could Force British Grocers To Shift Supply Chains To EU
If the issues and the future of Britain-Northern Ireland trade are not addressed with urgency, some of their supply chains could be shifted from the United Kingdom to the European Union by British supermarket groups which include the market Tesco… Read More ›
WHO Call Mix And Match Of Covid-19 Vaccines A ‘Dangerous Trend’
The World Health Organization has advised [people against using a mix and match of Covid-19 vaccines manufactured by different companies and termed the tendency to be a “dangerous trend” because of the unavailability of data about the impact of such… Read More ›
More High Profile Firms Expected To Go Public In Second Half Of 2021
A number of anticipated and high-profile companies went public at the stock exchange during the first half of 2021 and included names such as Coinbase, Bumble, Oatly, SoFi and Roblox. And analysts expect even more buzzy unicorns to get listed… Read More ›