Recent Posts - page 209

• Sri Lanka approaches IMF & World Bank for bridging loans

  By admin1 on April 19, 2022 • ( 0 )

  

  On Tuesday, in a statement Sri Lanka’s Finance Minister said, Sri Lanka has approached the International Monetary Fund (IMF) for rapid financial assistance. The island nation has been embroiled in a deep financial crisis midst allegation of gross mismanagement of… Read More ›

• China’s First-Quarter GDP Above Expectations, But March’s Weakness Raises Concerns About Outlook

  By admin2 on April 18, 2022 • ( 0 )

  

  China’s economy slowed in March as consumption, real estate, and exports all took a hit, putting a damper on faster-than-expected first-quarter growth estimates and weakening an outlook already weakened by COVID-19 restrictions and the Ukraine conflict. The severe new coronavirus rules,… Read More ›

• Global supply chains reeling from economic impact of China’s zero COVID-19 policy

  By admin1 on April 18, 2022 • ( 0 )

  

  In a statement He Xiaopeng, the CEO of Chinese electric-car maker Xpeng said, automakers in China may have to suspend production in May if suppliers from Shanghai and surrounding areas do not resume work. China’s zero tolerance policy towards COVID-19 have… Read More ›

• Cooperating with SEC insider trading probe: Activision

  By admin1 on April 18, 2022 • ( 0 )

  

  A securities filing by Activision Blizzard shows that the company is cooperating with federal investigations into trading by friends of its CEO shortly before its disclosure of its sale to Microsoft Corp. In an amended proxy filing with the SEC, Activision… Read More ›

• Tata Steel to consider 3 way stock split on May 3

  By admin1 on April 18, 2022 • ( 0 )

  

  In a statement Tata Steel said, its board, will be meeting on May 3 to consider a proposal to split the stock and recommend a dividend. Tata Steel did not specify the ratio of the stock split, but said, it… Read More ›

• China Eastern Airlines resumes Boeing 737-800 flight after March crash

  By admin1 on April 18, 2022 • ( 0 )

  

  In a statement China Eastern Airlines said, it has resumed commercial flights with Boeing 737-800 jetliners. The announcement comes less than a month after a Boeing 737-800 crash that killed all 132 people aboard. China Eastern Airlines said, it had… Read More ›

• Ukraine completes questionnaire for EU membership

  By admin1 on April 18, 2022 • ( 0 )

  

  In a significant development, in a statement Ihor Zhovkva, the deputy head of President Volodymyr Zelenskiy’s office, said Ukraine has completed a questionnaire which will form a starting point for the European Union to decide on its membership. The questionnaire… Read More ›

• WHO Is Keeping Track Of The Spread Of Omicron BA.4 And BA.5 Subvariants Across Africa And Europe

  By admin2 on April 16, 2022 • ( 0 )

  

  According to the World Health Organization, Omicron subvariants BA.4 and BA.5 are circulating at low levels in numerous countries in Southern Africa and Europe. According to WHO’s technical lead on Covid-19 Maria Van Kerkhove, two subvariants of the extremely contagious… Read More ›

• Higher Gasoline Costs Dampen Retail Sales In US, But Consumers Remain Resolute

  By admin2 on April 16, 2022 • ( 0 )

  

  Retail sales in the United States grew steadily in March, driven by record-high gasoline prices, but consumers are beginning to feel the effects of rising inflation, with online spending falling for the first time in more than a year. Consumer… Read More ›

• Buyout firm Thoma Bravo LP expresses interest to acquire Twitter

  By admin1 on April 16, 2022 • ( 0 )

  

  According to sources familiar with the matter at hand, Thoma Bravo LP, a buyout firm, has approached Twitter Inc to express its interest in forming a team to acquire it. The development comes in the wake of Elon Musk making a… Read More ›

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