A new website has published leaked data that shows claimed details of how little income tax is actually paid by billionaires of the United States. The tax returns of some of the richest people of the world, including Jeff Bezos,… Read More ›
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Alibaba Launches Slew Of Cloud Products, Including Livestream Shopping To Rival Amazon
With the Chinese e-commerce giant Alibaba planning to expand its reach and business across Asia, a range of new cloud computing products was launched by it recently. The company has been aggressively boosting its presence outside of China in the… Read More ›
Nvidia Files Application With Chinese Regulators For Approval Of $40bn Arm Deal
Eight months ago the acquisition of United Kingdom based chip designer Arm by the United States based Nvidia worth a $40bn deal was announced while the US firm has now submitted an application to Chinese competition regulators for reviewing of… Read More ›
Probe On Casinos Expanded By Australian Financial Crime Watchdog
Amid the casino industry in Australia struggling with the Covid-19 pandemic and heightened regulatory scrutiny, the anti-money-laundering agency of the country expanded a probe into due diligence at casinos which includes the three biggest operators of the industry and increasing… Read More ›
Biden Administration expands ban list prohibiting US entities to invest in Chinese companies
In a development that marks the expansion of the scope of the previous US Administration, US President Joe Biden banned US entities from investing in a couple of Chinese companies with alleged links to the Chinese military, through an executive… Read More ›
2020 Saw A 5% Drop In Carbon Emissions In Australia
There was growth in the generation of wind and solar energy in Australia in 2020 while the country’s carbon emissions dropped during the year by 2020, the government of the country said on Monday. According to analysts this was primarily… Read More ›
Top Bank Executives Entering Hong Kong To Be Exempt From Quarantine
The Securities and Futures Commission (SFC) has said that strict virus quarantine measures in Hong Kong are not being applied on top bankers. An application for the mandatory 21-day quarantine could be filed by senior banking executives who are fully… Read More ›
Covid-19 Origin Probes Being ‘Poisoned By Politics’, Says WHO
The probes to find out the origin of the Covid-19 causing novel coronavirus are being “poisoned by politics”m said a top official of the World Health Organization (WHO) on Friday. This Wednesday, United States president Joe Biden announced that he… Read More ›
Brazil Facing Worst Dry Spell In 91 Years, Put On Drought Alert
With Brazil facing its worst dry spell in 91 years, the government agencies of the country have issued warnings of droughts in the country this week. That has caused concerns and fears of measures such as energy rationing, hitting hydroelectric… Read More ›
Industry Association Says 2021 To Be Year Of ‘Record Level’ Earnings Of US Banks
With the recovery of the United States economy and buoyancy in the financial markets, 2021 is likely to be a year of “record level” of earnings for US banks, said the Institute of International Finance, an industry association. Bank lending… Read More ›
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