Recent Posts - page 358

• Shell sees Q1 earnings taking $200M hit from Texas storm

  By admin1 on April 7, 2021 • ( 0 )

  

  On Wednesday, Royal Dutch Shell said, it expects its first-quarter adjusted earnings to take a hit of up to $200 million due to an extreme cold snap in Texas in the quarter. In a guidance update ahead of its first-quarter… Read More ›

• Short-seller Hindenburg Research takes aim at Ebang International Holdings Inc

  By admin1 on April 7, 2021 • ( 0 )

  

  With short-seller Hindenburg Research stating that it was going short on China’s Ebang International Holdings Inc, shares of the Chinese bitcoin mining machine producer slumped by nearly 20% in early trading. “Ebang claims to be a “leading bitcoin mining machine… Read More ›

• Toshiba Corp evaluating $20 billion take-private offer from private equity firm CVC Capital Partners

  By admin1 on April 7, 2021 • ( 0 )

  

  In a significant development, a source familiar with the matter at hand has revealed, Toshiba Corp is weighing option which include a $20 billion offer from CVC Capital Partners, a private equity firm, to take it private. The development comes… Read More ›

• SEC charges actor Zachary Horwitz with operating $690 million Ponzi scheme

  By admin1 on April 7, 2021 • ( 0 )

  

  In a statement the U.S. Securities and Exchange Commission said it had charged actor Zachary Horwitz with operating a $690 million Ponzi scheme.

• Sony Pictures and Amazon Falls set up themed amusement park in Thailand

  By admin1 on April 7, 2021 • ( 0 )

  

  In a statement Sony Pictures Entertainment and Amazon Falls said, they have teamed up to set up an amusement park in Thailand, based on productions from Sony’s Columbia Pictures studio. The 14-acre Columbia Pictures’ theme and water park named Aquaverse,… Read More ›

• Fox Corp sues Flutter Entertainment over dispute in sports betting firm FanDuel

  By admin1 on April 7, 2021 • ( 0 )

  

  In a statement Fox Corp said, it had filed a lawsuit against Flutter Entertainment for exercising its option to buy a 18.6% stake in U.S. sports betting firm FanDuel Group. According to a report from CNBC, while Fox wants to… Read More ›

• Google’s Copying Of Oracle’s Code Was “Fair Use”, Rules US Supreme Court

  By admin2 on April 6, 2021 • ( 0 )

  

  The Supreme Court of eh United States has ended the decade-long legal tussle between tech giants Google and Oracle over the allegation that Google had copied a an Oracle owned code in Google’s Android operating system.  A case against Google… Read More ›

• Covid-19 Vaccine Certificates Will Likely Be Mandatory For Travel, Says Qatar Airways CEO

  By admin2 on April 6, 2021 • ( 0 )

  

  The requirement for every air traveller to have a Covid-19 vaccination certificate will likely be the new trend with the industry trying to rebound from the severe hit to the global airline industry because of the pandemic, said the CEO… Read More ›

• Digital payment giant Stripe expands into Middle East, opens office in Dubai

  By admin1 on April 6, 2021 • ( 0 )

  

  On Tuesday, digital payments giant Stripe announced the opening of an office in Dubai, marking its first expansion into the Middle East region. Founded in 2010 by Irish brothers Patrick and John Collison, Stripe is used by more than 50… Read More ›

• POSCO weighing options to exit Myanmar military controlled joint venture

  By admin1 on April 6, 2021 • ( 0 )

  

  In a significant development, South Korean steelmaker POSCO has begun reviewing how it might terminate its joint venture with a company controlled by the military in Myanmar, in the wake of the military coup there in February, said two sources… Read More ›

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