Recent Posts - page 403

• Panasonic’s battery production is its biggest profit driver

  By admin1 on February 2, 2021 • ( 0 )

  

  On Tuesday, Panasonic Corp raised its full-year operating profit forecast by more than 50% on the back of heightened demand for its batteries from pandemic-driven purchases of home appliances, sales of 5G equipment and Tesla Inc cars. The strong performance… Read More ›

• 118 orders for 777x no longer firm: Boeing Co

  By admin1 on February 2, 2021 • ( 0 )

  

  In a statement Boeing Co said, 118 orders for its 777X widebody plane under development are no longer seen as firm under accounting rules that require it to regularly assess their viability; the planemaker has now 191 solid orders for… Read More ›

• Myanmar coup likely to dampen investment interest: trade experts

  By admin1 on February 2, 2021 • ( 0 )

  

  According to analysts and trade experts, the coup by Myanmar’s military is likely to dampen the interest of western companies in investing in the country and may even prompt big U.S. companies to relocate. In the first 11 months of… Read More ›

• Grab raises $2 billion from first term loan midst strong demand from institutional investors

  By admin1 on February 1, 2021 • ( 0 )

  

  In a statement, Southeast Asian ride-hailing and food delivery giant Grab said, it has raised $2 billion from its first term loan, in what is said to be the biggest institutional debt in Asia’s technology sector. The development comes as… Read More ›

• Exposure of hedge funds at near record levels: Goldman Sachs

  By admin1 on February 1, 2021 • ( 0 )

  

  According to an analysis by Goldman Sachs Inc, last week, U.S. hedge funds bought and sold the most stock in more than a decade midst wild swings in GameStop Corp shares that many had bet against; their market exposure continues… Read More ›

• Playboy nears deal to acquire sexual wellness chain Lovers

  By admin1 on February 1, 2021 • ( 0 )

  

  According to sources familiar with the matter at hand, Playboy Enterprises Inc is nearing a deal to acquire the parent company of sexual wellness chain Lovers as it seeks to grow its lifestyle brand following the closure of its eponymous… Read More ›

• Britain applies for Comprehensive and Progressive Agreement for Trans-Pacific Partnership

  By admin1 on January 31, 2021 • ( 0 )

  

  In the coming week Britain is set to apply for a membership to the trans-Pacific trading bloc of 11 countries. Ever since it left the European Union, Britain has made its desire to join the Comprehensive and Progressive Agreement for… Read More ›

• 10 fold increase in deposit requirement led to temporary buying curb: Robinhood

  By admin1 on January 30, 2021 • ( 0 )

  

  In a statement, online broker Robinhood said, it has placed temporary buying restrictions on a small number following ten-fold increase in deposit requirements as mandated by clearing house. “….the required amount we had to deposit with the clearing house was… Read More ›

• Ford Will Manufacture Electric Versions Of Its Mustang SUVs In China

  By admin2 on January 29, 2021 • ( 0 )

  

  United States based auto giant Ford will begin manufacturing of its iconic Mustang cars in China for the first time. With the company aiming to benefit from the booming electric vehicle (EV) market of China, Ford will start production of… Read More ›

• Soaring Sales During Pandemic Propels Apple To Report Record Quarter Profits Ever

  By admin2 on January 29, 2021 • ( 0 )

  

  The last quarter for 2020 was the most profitable quarter ever from Apple as the company benefitted from a surge in demand and sale of its high end iPhones, tablets and laptops during the pandemic with people being forced to… Read More ›

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