Recent Posts - page 277

• TSMC’s quarterly net profits touch record high of 6.01 billion

  By admin1 on January 13, 2022 • ( 0 )

  

  Taiwanese chip giant TSMC posted a 16.4% rise in quarterly profit on the back of heightened global demand for semiconductors with the Coronavirus induced COVID-19 pandemic driving up demand for chips creating a supply crunch. Although the global chip crunch… Read More ›

• WeRock NV files for IPO, seeks listing on Amsterdam’s Euronext stock exchange

  By admin1 on January 13, 2022 • ( 0 )

  

  In a statement, WeRock NV, the owner of the WeTransfer file transfer service said, it is seeking to file for an initial public offering (IPO) of shares which will be listed on Amsterdam’s Euronext stock exchange. In its offer letter,… Read More ›

• Citi’s Strategy Of Revamping To See It Exit The Mexican Consumer Business

  By admin2 on January 12, 2022 • ( 0 )

  

  Citigroup Inc has announced that it will close its Citibanamex consumer banking operation in Mexico, ending a 20-year retail presence in the country that was the last of the bank’s overseas consumer businesses. Citigroup’s decision to sell or spin off Citibanamex,… Read More ›

• SoftBank-backed cryptocurrency exchange 2TM acquires Portugal based crypto exchange CriptoLoja

  By admin1 on January 12, 2022 • ( 0 )

  

  In a statement, Softbank-backed 2TM, which runs Latin America’s biggest cryptocurrency exchange Mercado Bitcoin said, it will acquire a controlling stake in Lisbon-based crypto exchange CriptoLoja. 2TM declined to disclose the terms of the purchase saying the deal is pending… Read More ›

• British Trade Minister Anne-Marie Trevelyan arrives in India to secure post-Brexit trade deals

  By admin1 on January 12, 2022 • ( 0 )

  

  On Wednesday, British Trade Minister Anne-Marie Trevelyan arrived in India in an effort to boost economic ties between the two countries. The development marks Britain trying to sign trade deals after its departure from the European Union – the world’s… Read More ›

• Exxon Mobil intensifies US shale gas asset sales

  By admin1 on January 12, 2022 • ( 0 )

  

  Exxon Mobil has launched the sale of its shale gas properties underscoring growing intents to divest its U.S. assets. Excon, a top U.S. oil producer, has placed 61 wells that produced nearly 81 million cubic feet per day equivalent (mmcfd) of… Read More ›

• German trade body warns of temporary disruption to supply chain by Omicron

  By admin1 on January 12, 2022 • ( 0 )

  

  On Wednesday, Germany’s BGA trade association warned of massive disruption of supply chains following the rapid spread of the highly infectious Omicron variant of the coronarvirus, while saying, long-term disruption to supply chains is unlikely. A wide range of German… Read More ›

• Bulgaria’s secret surveillance laws not compliant with Europe’s Human Rights Convention: European Court of Human Rights

  By admin1 on January 12, 2022 • ( 0 )

  

  In a significant development, the European Court of Human Rights ruled that Bulgaria violated the European Convention of Human Rights citing its secret surveillance and retention and accessing of communication data. The court order comes after two Bulgarian lawyers and… Read More ›

• Omicron surge increasing drag in Australia’s economic recovery

  By admin1 on January 12, 2022 • ( 0 )

  

  On Wednesday, Australia’s New South Wales, its most populous states, saw a significant increase in Omicron infections leading to staff shortages that have disrupted supply chains hampering its economy’s recovery. Businesses are grappling with a growing toll of workers who… Read More ›

• Munich Re Report Says Insurers Shelled Out $120 Billion In 2021 Due To Natural Disasters

  By admin2 on January 11, 2022 • ( 0 )

  

  In a year that was marked by devastating storms and cold snaps in the United States, 2021 was recorded as the second most expensive year on record for the insurance companies of the world, according to Munich Re. The firm… Read More ›

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