Recent Posts - page 258

• Japan Australia sign Reciprocal Access Agreement for economic and defense cooperation

  By admin1 on January 5, 2022 • ( 0 )

  

  Following the cancellation of a trip to the United States and Australia due to rising COVID-19 cases, Japan and Australia are set to sign a treaty to beef up defence and security cooperation at a virtual summit on Thursday. Japanese… Read More ›

• Mercedes-Benz unveils 1000 kilometers mile range battery-powered VISION EQXX prototype

  By admin1 on January 4, 2022 • ( 0 )

  

  In a significant development, Mercedes-Benz has unveiled its battery-powered VISION EQXX prototype which it says has a range of more than 1,000 kilometres (km) per charge. Last year, Mercedes-Benz had announced plans to invest more than $45 billion (40 billion euros)… Read More ›

• Jury finds Elizabeth Holmes, founder of Theranos, guilty of defrauding investors

  By admin1 on January 4, 2022 • ( 0 )

  

  A U.S. jury has convicted Elizabeth Holmes, the founder of Theranos, of being guilty of defrauding investors in the blood testing startup. The jury convicted Holmes of of investor fraud and conspiracy, but acquitted her on three counts of defrauding… Read More ›

• LG Energy Solution opens books for South Korea’s biggest IPO

  By admin1 on January 3, 2022 • ( 0 )

  

  South Korean battery maker LG Energy Solution has opened its books for an initial public offering in the country with an aim to raise up to $10.8 billion in what is South Korea’s biggest IPO. LG Energy’s shares will be… Read More ›

• Germany will offer tax relief to companies and individuals worth $34.1 billion from 2023

  By admin1 on January 3, 2022 • ( 0 )

  

  In a statement Germany’s new Finance Minister said, the government will offer tax relief to individuals and companies worth $34.1 billion (30 billion euros) in this legislative period. “We will relieve people and small and medium-sized businesses by significantly more… Read More ›

• European Commission releases draft green investment rules

  By admin1 on January 3, 2022 • ( 0 )

  

  In a major development, the European Union has drawn up plans which labels nuclear energy and some natural gas projects as “green” investments. The development comes in the wake of a year-long battle between governments over which investments are truly… Read More ›

• Tesla reports record Q4 deliveries, despite global chip shortage

  By admin1 on January 3, 2022 • ( 0 )

  

  In a significant development, Tesla Inc has reported record quarterly deliveries far exceeding Wall Street’s estimates, as it rides out global chip shortages. The development the sixth consecutive quarter for Tesla, the world’s most valuable automaker, wherein it posted record deliveries…. Read More ›

• Morgan Stanley agrees to settle proposed data security class action lawsuit with $60M

  By admin1 on January 3, 2022 • ( 0 )

  

  US banking giant Morgan Stanley has agreed to pay $60 million to settle a lawsuit brought by customers who have alleged that the bank exposed their personal data when it failed – twice – to properly retire its legacy information technology…. Read More ›

• AT&T & Verizon reject request to delay 5G wireless services, offer to adopt temporary safety measures

  By admin1 on January 3, 2022 • ( 0 )

  

  In a significant development, the CEOs of Verizon Communications and AT&T have rejected a request to delay the planned introduction of 5G wireless services over aviation safety fears. They have however offered to temporarily adopt new safety measures. Earlier last week, U.S…. Read More ›

• 28.9% Drop In Its 2021 Revenue Expected By Due To US Sanctions

  By admin2 on December 31, 2021 • ( 0 )

  

  Huawei, the Chinese telecoms giant, stated on Friday that sales for this year will be 634 billion yuan ($99 billion), down 28.9% from the previous year. Sanctions imposed by the United States, a semiconductor scarcity, and a global decline in… Read More ›

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