Recent Posts - page 266

• Reddit files for IPO

  By admin1 on December 16, 2021 • ( 0 )

  

  In a statement Social media giant Reddit said, it had filed a confidential proposed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). Reddit, known for its message boards that became the go-to destination for… Read More ›

• Novartis AG announces $15 billion share buyback plan

  By admin1 on December 16, 2021 • ( 0 )

  

  In a statement Novartis AG said, it has launched a new share buyback of up to $15 billion which will end by 2023. Confirming an expected sales growth by 4% through 2026, the Swiss pharma giant said its capital allocation strategy… Read More ›

• IAEA strikes deal with Iran to place new cameras at centrifuge-parts workshop

  By admin1 on December 16, 2021 • ( 0 )

  

  In a statement the U.N. nuclear watchdog said, it has reached agreement with Iran on replacing surveillance cameras at a centrifuge-parts workshop that had been removed after an attack. The development removes one potential obstacle to wider nuclear talks. These… Read More ›

• German Chancellor Olaf Scholz vows inclusive digital transformation of economy

  By admin1 on December 16, 2021 • ( 0 )

  

  German Chancellor Olaf Scholz said, his government would make Germany, Europe’s biggest economy, fit for the future and vowed it would leave no one behind in this major transformation of the economy. Vowing increased investments in climate protection and digitalization… Read More ›

• Omicron likely to become dominant variant in Europe by early 2022: ECDC

  By admin1 on December 16, 2021 • ( 0 )

  

  In a statement, the European Centre for Disease Prevention and Control (ECDC) said, there is a “very high” that the Omicron variant of COVID-19 will become dominant in Europe by early 2022 and lead to a growing number of hospital… Read More ›

• MMG halts copper production at Peruvian mine, local community blockades road

  By admin1 on December 16, 2021 • ( 0 )

  

  On Thursday, in a statement Australian copper miner MMG said, after December 18, it would shut production at its Las Bambas copper mine in Peru. The development comes after it failed to reach an agreement with a Peruvian community which… Read More ›

• Covid-19 vaccines likely to be less effective against Omicron variant: WHO

  By admin1 on December 16, 2021 • ( 0 )

  

  In a statement on Wednesday, the World Health Organization said, preliminary evidence indicates that COVID-19 vaccines may be less effective against transmission and infection from the Omicron variant of the coronavirus; it also carries a higher risk of reinfection. As… Read More ›

• LG Energy Solution’s IPO to be third biggest in South Korea

  By admin1 on December 15, 2021 • ( 0 )

  

  According to two sources familiar with the matter at hand, LG Energy Solution (LGES) is likely to place its IPO at the top of its indicative range at around $11 billion. Institutional investors are betting heavily on booming demand for… Read More ›

• Eight Chinese companies, including DJI, to be placed on Entity List

  By admin1 on December 15, 2021 • ( 0 )

  

  As per a report from the Financial Times, the U.S. Treasury is slated to place 8 Chinese companies including DJI, on the Entity List, for alleged involvement in surveillance of the Uyghur Muslim minority. With the move the Biden Administration… Read More ›

• China’s property market will continue to decline in 2022: S&P

  By admin1 on December 15, 2021 • ( 0 )

  

  Already under pressure, China’s property market is faced increased headwinds in November following cash crunch among developers and faltering demand. Prices for new homes fell by 0.3% month-on-month in November marking the biggest decline since February 2015. In October, home… Read More ›

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