Recent Posts - page 382

• SK Innovation did not violate LG Energy Solution battery related patents: U.S. International Trade Commission

  By admin1 on April 1, 2021 • ( 0 )

  

  In a significant development for South Korea’s SK Innovation Co Ltd, the U.S. International Trade Commission (ITC) has ruled that the South Korean battery company did not violate LG Energy Solution’s battery-related patents. The initial determination by the ITC marks… Read More ›

• More than 70 Hong Kong listed companies suspended from trading

  By admin1 on April 1, 2021 • ( 0 )

  

  According to stock exchange filings, share of more than 70 Hong Kong-listed companies have been suspended from trading on Thursday morning. Since the companies had not published their 2020 full year results as of March 31, 2021, under Hong Kong’s… Read More ›

• China’s Volvo Cars eyeing potential IPO

  By admin1 on April 1, 2021 • ( 0 )

  

  On Wednesday, China’s Zhejiang Geely Holding Group said its Volvo Cars is exploring capital market options including a potential initial public offering. Earlier this year in February, Geely’s Hong Kong-listed unit Geely Automobile and Volvo Cars scrapped their full merger… Read More ›

• China reneged on 1984 Sino-British Joint Declaration on Hong Kong: Britain’s Foreign Secretary Dominic Raab

  By admin1 on March 31, 2021 • ( 0 )

  

  China has broken the 1984 Joint Declaration after it enacted sweeping changes to Hong Kong’s electoral system, undermining the freedoms of people in the former British colony. “Today China enacted changes to Hong Kong’s electoral system which are a clear… Read More ›

• Tesla Semi electric commercial truck to go into mass production in 2022: Musk

  By admin1 on March 31, 2021 • ( 0 )

  

  In a tweet Tesla Inc’s CEO Elon Musk said supply constraints related to battery cells are making it harder for the company to scale up production of its long-delayed Tesla Semi electric commercial truck. “Demand is no problem, but near-term… Read More ›

• Amsterdam-based Otrium raises $120M in series c funding round, ahead of US launch

  By admin1 on March 31, 2021 • ( 0 )

  

  On Wednesday, online fashion brands outlet store Otrium said it had raised $120 million from investors. The development comes ahead of its U.S. launch. Amsterdam-based Otrium said in 2020 its revenues had tripled and that its registered members topped 3… Read More ›

• Hitachi Ltd acquires U.S. software company GlobalLogic inc for $9.6 billion

  By admin1 on March 31, 2021 • ( 0 )

  

  On Wednesday, in a statement Hitachi Ltd said it will acquire GlobalLogic Inc, a U.S. software company, for $9.6 billion. The development sees the Japanese industrial conglomerate which has business interests ranging from digital services to electronics hardware, expand its… Read More ›

• Britain’s Financial Conduct Authority begins consultations on changes to SPAC listing rules

  By admin1 on March 31, 2021 • ( 0 )

  

  In a significant development on Wednesday, Britain’s financial regulator said, it will consult on changes on listing rules for Special Purpose Acquisition Companies (SPACs). Britain’s Financial Conduct Authority said, it will consider introducing a minimum market capitalization and a redemption… Read More ›

• 2021 revenues and pre-tax profits off to a good start: Daimler AG

  By admin1 on March 31, 2021 • ( 0 )

  

  On Wednesday, German carmaker Daimler AG said, its revenues in 2021 have got off to a good start. This is despite a global shortage of semiconductors plaguing the automobile industry. Daimler now plans on speeding up the shift towards electric… Read More ›

• Payment processing companies including Mastercard ran cartel operation on vulnerable members of society

  By admin1 on March 31, 2021 • ( 0 )

  

  On Wednesday, in a statement Britain’s Payment Systems Regulator said, Mastercard is among five companies which broke the law for cartel behavior; the regulator has alleged that these five companies including, Mastercard, allpay, APS, PFS and Sulion offered pre-paid cards… Read More ›

• ‹ Older Entries
• Newer Entries ›