Recent Posts - page 356

• VW strikes landmark wage deal with Germany’s most powerful union

  By admin1 on April 13, 2021 • ( 0 )

  

  In a significant development, Volkswagen has agreed to a wage deal with Germany’s most powerful union for 120,000 staff, representing 18% of its workforce. The deal with IG Metall sees salaries rise by 2.3% from January 2022. It also includes… Read More ›

• China crackdowns on Jack Ma’s Ant group with vengeance

  By admin1 on April 13, 2021 • ( 0 )

  

  In a development that marks the risks of doing business in China, where Chinese rulers through courts hold absolute power, Chinese regulators have imposed a sweeping restructuring on Jack Ma’s Ant Group, in a move aimed at curbing its valuation… Read More ›

• Deliveroo’s IPO Flop Not A Deterrent For British Cybersecurity Firm Darktrace To List In London

  By admin2 on April 12, 2021 • ( 0 )

  

  Concerns that the poor initial public offering by the British food delivery app Deliveroo did not deter the United Kingdom based cybersecurity start-up Darktrace to announce plans to go public in London. This was announced by Darktrace on Monday. The… Read More ›

• Big Relief For US EV Makers Comes From Deal Between Korean Battery Firms

  By admin2 on April 12, 2021 • ( 0 )

  

  A deal on an intellectual property dispute has been reached between two major makers of lithium batteries that are used for electric vehicles. An unresolved dispute had threatened to hit the supply of batteries crucial for boosting production of electric… Read More ›

• Chinese regulators impose exemplary fine on Jack Ma’s Alibaba Group Holdings

  By admin1 on April 10, 2021 • ( 1 )

  

  Alibaba Group Holdings Ltd have been fined an exemplary $2.75 billion (18 billion yuan) by Chinese regulators for violating anti-monopoly rules and abusing its dominant market position; it is the highest antitrust fine ever to be imposed by Chinese regulators… Read More ›

• Best Ever Quarter For Rolls-Royce In Its 116-Year History As Wealthy Customers Spend More

  By admin2 on April 9, 2021 • ( 0 )

  

  The best quarterly performance in its 116 year old history as a luxury car maker was reported by Rolls-Royce Motor Cars for its latest completed quarter. The company said that there was strong demand from the wealthy of the world… Read More ›

• Seven Chinese Supercomputer Groups Blacklisted By China

  By admin2 on April 9, 2021 • ( 0 )

  

  Seven Chinese business groups that were charged with manufacturing supercomputers for use by the country’s military were blacklisted by the United States.  This is the first such move by the new Biden administration of the United States to put pressure… Read More ›

• This is war: polish doctor on COVID-19 infections

  By admin1 on April 9, 2021 • ( 0 )

  

  Midst media reports that Polish medical staff are taking oxygen and intravenous drips to boost their energy, the country’s health minister Adam Niedzielski said, many Polish doctors and nurses are just taking naps between shifts as they continue to fight… Read More ›

• CVC Capital Partners’ take private offer unsolicitated: Chairman Toshiba Corp

  By admin1 on April 9, 2021 • ( 0 )

  

  On Friday, the chairman of Toshiba Corp issued a statement stating CVC Capital Partners’ recent offer to take the company private, was unsolicited and would require various antitrust approvals and financing. “This initial proposal by CVC was completely unsolicited and… Read More ›

• Walt Disney Co in final stage of negotiating ABC News president

  By admin1 on April 9, 2021 • ( 0 )

  

  On Friday, according to a media reports, Kimberly Godwin, the executive vice-president of CBS News, is in the final stages of negotiations with Walt Disney Co to become president of ABC News. Godwin, a 14-year veteran of CBS, could potentially… Read More ›

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