Recent Posts - page 363

• $9.6bn Of Goods A Day Is Being Held Up By The Suez Blockage

  By admin2 on March 26, 2021 • ( 0 )

  

  According to shipping data, an estimated an estimated $9.6bn of goods each day is being held up by the stranded Ever Given mega-container ship in the Suez Canal since Tuesday. That is equivalent to $400m an hour in trade along… Read More ›

• Deutsche Bank CEO Christian Sewing willing to give up oversight of investment bank

  By admin1 on March 26, 2021 • ( 0 )

  

  On Friday, in a move that is likely to reassure regulators, Deutsche Bank CEO Christian Sewing said, Deutsche Bank is willing to give up his role of overseeing the investment bank in the foreseeable future. Deutsche Bank, Germany’s biggest bank,… Read More ›

• German insurer Allianz nears deals to acquire Aviva’s Polish unit for $2.94 billion

  By admin1 on March 26, 2021 • ( 0 )

  

  According to sources familiar with the matter at hand, German insurer Allianz is closing in on a $2.94 billion (2.5 billion euro) deal to acquire Aviva’s Polish unit. “Allianz is close to entering exclusive talks with Aviva and a deal… Read More ›

• LG spin off five affiliates, increases focus on existing core businesses

  By admin1 on March 26, 2021 • ( 0 )

  

  On Friday, shareholders of LG Corp shareholders approved the company’s plan to spin off five affiliates, which according to the South Korean company would allow it to focus on existing core businesses such as electronics, telecommunications services and chemicals. In… Read More ›

• Global vaccine producers should match EU’s vaccine exports: Ursula von der Leyen

  By admin1 on March 26, 2021 • ( 0 )

  

  In a statement, Ursula von der Leyen, the Chief Commissioner of the European Union, said, Europe was the biggest vaccine exporter in the world and challenged other COVID-19 producers to match its exports. After Britain introduced a vaccine exports monitoring… Read More ›

• AstraZeneca cannot export COVID-19 vaccines until it fulfils contracts with EU

  By admin1 on March 26, 2021 • ( 0 )

  

  Following a meeting of EU members, EU Commission chief Ursula von der Leyen said, AstraZeneca cannot export any more COVID-19 vaccines from Europe until is makes good on its contracts with the European Union. “We have to and want to… Read More ›

• Surge In Gaming Sale Helps Revenue Growth For China’s Tencent

  By admin2 on March 25, 2021 • ( 0 )

  

  Higher demand and revenues from its gaming business helped the Chinese tech giant Tencent to report 26 per cent rise in its quarterly sales. While Tencent’s PUBG Mobile continued to do well all across the world, its Honor of Kings… Read More ›

• After A Two Months Of Being Criticised, Tesla’s Elon Musk Tries To Woo Back China

  By admin2 on March 24, 2021 • ( 0 )

  

  After going through a rough couple of months in China, Tesla chief Elon Musk is now trying hard to gain back the former adulation of Beijing. During an interview with state broadcaster China Central Television (CCTV) Musk showered extensive praises… Read More ›

• A $2.3 Trillion Hidden Debt Of China’s Local Governments Could Get Bigger This Year

  By admin2 on March 24, 2021 • ( 0 )

  

  A government linked think tank in China has said that last year, the total hidden debt of the country’s local governments was at 14.8 trillion yuan ($2.3 trillion) and that figure could rise even further in the current year. According… Read More ›

• Microsoft In Negotiation With Gaming Firm Discord For An Acquisition Of The Later For $10 Billion

  By admin2 on March 23, 2021 • ( 0 )

  

  A video-game chat community, Discord Inc, could be acquired by Microsoft Corp as the two companies are in talks to get a deal through which is expected to be worth more than $10 billion, said reports quoting sources with knowledge… Read More ›

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