The shareholders of British Petroleum (BP) will be handed over a $500m cash windfall as the energy giant reported its biggest quarterly profit since the start of the Covid-19 pandemic began because of the recovery of the oil markets form… Read More ›
The global roll out of Covid-19 vaccines – and especially those in the United States, hit the demand and sale of the Covid-19 antibody therapies of Eli Lilly and Co. That forced the company to report profits for the first… Read More ›
Even as Apple gets ready to roll out a new version of its iPhone software, the company has been accused of antitrust abuse in Germany. A complaint against the company was filed on Monday to Bundeskartellamt, Germany’s competition regulator. The… Read More ›
A report based on industry data prepared by the market research firm Kantar showed that there was a record 10 per cent growth in the global grocery sector in 2020 as people were forced to stay back home because of… Read More ›
A project aimed to protect the tropical forests of the world was launched this week by the United States, Norway and Britain in partnership with large global companies including Amazon and Nestle. The public-private project has set a target of… Read More ›
A change in tax rules – which essentially will hike taxes on the wealthiest Americans, will reportedly be proposed by the United States President Joe Biden, many reports have claimed. According to the new tax proposal, the top marginal rate… Read More ›
The United Kingdom and Australia have come to an agreement on “the vast majority” of a free trade deal, the two countries said. The two sides aim to seal a deal by June, the countries said after talks on Friday… Read More ›
The United States based electric car maker Tesla has been branded as being an arrogant company in on Chinese social media platforms as well as by Chinese state media and regulators following outrage on social media in the country after… Read More ›
The huge rise in demand for personal computers prompted Intel Corp to raise its annual sales outlook for the current year on Thursday. However its forecast for the second quarter profits was lower than expectations of the market as the… Read More ›
The rising infections of Covid-19 in Japan has forced authorities in the country to cancel the very well known Tokyo Motor for the first time in the 67 year history of the event, Cancellation of this event comes at a… Read More ›
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