Recent Posts - page 348

• China selectively bans Tesla vehicles from government compounds

  By admin1 on May 21, 2021 • ( 0 )

  

  Two sources familiar with the matter at hand have stated, the Chinese government has told its employees not to park cars made by Tesla Inc inside select government compounds due to cameras being installed on the vehicle. So far, it… Read More ›

• Ford bets on electric version of its best selling F-150 pickup truck to beat Tesla

  By admin1 on May 20, 2021 • ( 0 )

  

  Ford Motor Co is betting that its electric version of its best selling F-150 pickup can beat rivals including Tesla since the model provides newer technologies to a familiar model that fleet owners and businesses are already familiar with and… Read More ›

• Construction management startup Procore Technologies raises US IPO range

  By admin1 on May 20, 2021 • ( 0 )

  

  On Thursday, Procore Technologies Inc, a construction software startup said, it has priced its U.S. initial public offering (IPO) at $67 per share, higher than the range it had announced earlier this month. California-based Procore Technologies is offering around 9.5… Read More ›

• KKR acquires Britain’s John Laing Group for $2.84 billion, takes it private

  By admin1 on May 19, 2021 • ( 0 )

  

  On Wednesday, in a statement KKR, a private equity firm, said it aims to acquire John Laing Group in a deal that values the British infrastructure investor at around $2.84 billion (2 billion pounds). The development makes John Laing the… Read More ›

• Vietnam temporarily suspends Foxconn’s plants after COVID-19 outbreak

  By admin1 on May 19, 2021 • ( 0 )

  

  In a statement, Vietnam’s People’s Committee of the northern province of Bac Giang ordered four industrial parks, including three which house the production facilities of Taiwan’s Foxconn to temporarily shut down because of a COVID-19 outbreak. The People’s Committee said these… Read More ›

• Despite China’s anti-Australia rhetoric, Beijing continues to be Australia’s biggest trading partner

  By admin1 on May 19, 2021 • ( 0 )

  

  Despite China’s anti-Australia rhetoric, ongoing trade between the two countries is evidence of the ongoing relationship, pointed out Australian Prime Minister Scott Morrison. Beijing’s criticism of Australia is aimed at its domestic audience for political gains. While bilateral relationship between… Read More ›

• German antitrust regulator Federal Cartel Office launches investigations against Amazon.com Inc

  By admin1 on May 18, 2021 • ( 0 )

  

  On Tuesday, Germany’s antitrust watchdog said it has launched a new investigation into whether U.S. e-commerce giant Amazon.com Inc is exploiting its market dominance. “In a first step, we are looking at whether Amazon is of outstanding, cross-market importance for… Read More ›

• Amazon.com Inc in talks to acquire movie studio MGM

  By admin1 on May 18, 2021 • ( 0 )

  

  According to a source familiar with the matter at hand, Amazon.com Inc is negotiating the potential acquisition of iconic U.S. movie studio MGM. The status of Amazon’s discussions with MGM is so unclear and it is possible that they may not… Read More ›

• Yogurt maker Danone to appoint Antoine de Saint-Affrique as CEO

  By admin1 on May 17, 2021 • ( 0 )

  

  On Monday. Danone’s board of directors, is set to approve former Barry Callebaut CEO Antoine de Saint-Affrique’s nomination as its CEO. On April 22, De Saint-Affrique had announced that he was stepping down from Barry Callebaut, a Swiss chocolate maker, at the… Read More ›

• Australian expatriate investment bankers return home, fuel economic growth

  By admin1 on May 17, 2021 • ( 0 )

  

  Lured by the launch of new boutique advisory firms, Australian expatriate investment bankers are returning home in large numbers, in what is likely to be signs of a strong economic rebound following the coronavirus-induced COVID-19 pandemic which triggered a recession…. Read More ›

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