Recent Posts - page 222

• Japan’s Suzuki Will Invest $1.4 Billion In An Electric Vehicle Manufacturing In India.

  By admin2 on March 21, 2022 • ( 0 )

  

  Electric vehicle industry of India got a huge boost with the announcement of an investment of 104.4 billion rupees ($1.37 billion) in the country by Japan’s Suzuki Motor in its factory in the country to make electric vehicles (EVs) and… Read More ›

• India’s Oil Imports From The US Are Expected To Climb, In The Face Of Criticism Of Russian Purchases 

  By admin2 on March 21, 2022 • ( 0 )

  

  India’s oil imports from the United States will increase by 11% this year, according to officials, as the critically energy-short country seeks supplies from producers throughout the world, including Russia, which has been extensively sanctioned. Following Russia’s invasion of Ukraine… Read More ›

• Nike’s quarterly results expected to be lower than forecast: analysts

  By admin1 on March 21, 2022 • ( 0 )

  

  Ahead of Nike Inc’s quarterly results. Wall Street is expecting a gloomy outlook since sales of the sportswear giant in 2022 is expected to be significantly hit by rising COVID-19 cases in China and supply chain issues from the Russia-Ukraine… Read More ›

• Berkshire Hathaway Inc increases stake in Occidental Petroleum Corp to 14.6%

  By admin1 on March 21, 2022 • ( 0 )

  

  Shares of Occidental Petroleum Corp rose after Berkshire Hathaway Inc disclosed it had spent around $1 billion to buy additional shares in the oil company, raising its stake to 14.6%. In a regulatory filing, Berkshire disclosed that it owns 136.4 million… Read More ›

• Australia bans export of alumina, aluminum, and bauxite to Russia

  By admin1 on March 21, 2022 • ( 0 )

  

  Australia has imposed further sanctions on Russia and has banned exports of alumina, bauxite, and aluminium ores as part of a measure to increase sanctions on Moscow. “Russia relies on Australia for nearly 20 percent of its alumina needs,” said… Read More ›

• Germany’s Economy Minister visits UAE to discuss Assad’s recent visit Abu Dhabi

  By admin1 on March 21, 2022 • ( 0 )

  

  On Monday, during a trip to the United Arab Emirates, Germany’s Economy Minister Robert Habeck said, he would discuss Syrian President Bashar al-Assad’s recent visit to the Gulf state. “The Syrian conflict is…complicated. Assad in my opinion is a criminal… Read More ›

• Mercedes-Benz opens second R&D centre in Shanghai

  By admin1 on March 18, 2022 • ( 0 )

  

  On Friday, Germany’s Mercedes-Benz Group AG said, it has opened a research and development (R&D) centre in Shanghai which will focus on mobility technology. The opening of the new centre will be its second R&D facility in China. The centre will… Read More ›

• Russia averts sovereign bond default

  By admin1 on March 18, 2022 • ( 0 )

  

  As per a source familiar with the situation at hand, Russia has made payments towards sovereign bonds which were due this week, which was received by JPMorgan which processed it and made an onwards credit to Citi. With this Moscow has… Read More ›

• Amazon.com Inc closes $8.5 billion acquisition of MGM

  By admin1 on March 18, 2022 • ( 0 )

  

  In a statement Amazon.com Inc said, it had closed its $8.5 billion acquisition of MGM. It welcomes all MGM employees to the company and will work with the studio’s leadership, indicating that it would not lay off employees. On Tuesday,… Read More ›

• No protection in investments in cryptoassets: EU’s securities, banking, insurance watchdogs

  By admin1 on March 18, 2022 • ( 0 )

  

  In a joint statement, securities, banking and insurance watchdogs of the European Union said, consumers risk losing all their money invested in cryptoassets. “Consumers face the very real possibility of losing all their invested money if they buy these assets,”… Read More ›

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