Recent Posts - page 418

• Flydubai eyes direct flights between Dubai & Tel Aviv from Nov. 26

  By admin1 on November 4, 2020 • ( 0 )

  

  On Wednesday, in a statement United Arab Emirates airline flydubai stated, it will soon start two direct fights between Dubai and Tel Aviv. The development comes in the wake of the UAE establishing historically important formal ties with Israel, including… Read More ›

• S&P 500 futures soar with Donald Trump leading in key swings states

  By admin1 on November 4, 2020 • ( 0 )

  

  Early on Wednesday, U.S. stock futures jumped with U.S. President Donald Trump leading his Democratic rival Joe Biden in Florida and in other crucial swing states, which play a pivotal and deciding role in the election. Extending its rally on… Read More ›

• U.S. Congress notified of aerial drones sales worth $5 billion to Taiwan

  By admin1 on November 4, 2020 • ( 0 )

  

  In a statement, the Pentagon said, it has formally notified the U.S. Congress of impending sales of four sophisticated U.S.-made aerial drones to Taiwan. The notification is the step before finalizing the sale of weapons to other countries. Washington expects… Read More ›

• Subaru raises profit outlook on renewed vigor in U.S. auto sales

  By admin1 on November 4, 2020 • ( 0 )

  

  On Wednesday, Subaru Corp  raised its operating profit outlook by more than $1.05 billion following a more than expected rebounce in U.S. vehicle sale. Like its peers, Subaru, had to shutter its U.S. plants earlier this year because of the… Read More ›

• Chinese regulators abruptly suspend Ant Group’s dual IPO listing

  By admin1 on November 4, 2020 • ( 0 )

  

  In a significant development, Chinese Ant Group’s record $37 billion initial public offering has been suspended with Chinese regulators describing the move as reasonable and necessary. The suspension was just days before its dual debuts in Hong Kong and in… Read More ›

• Bayer’s $11 billion Roundup settlement provision rises by $750M

  By admin1 on November 3, 2020 • ( 0 )

  

  In a statement, German chemicals and pesticides giant Bayer stated, the costs of settlement over claims of its Roundup weedkiller which causes cancer, which it had initially placed at $11 billion, will go up further by $750 million. Although earlier this… Read More ›

• Fiat Chrysler Automobiles NV facing $840M DoJ probe in excess diesel emissions

  By admin1 on November 3, 2020 • ( 0 )

  

  In a significant development, Fiat Chrysler Automobiles NV stated, it could potentially face costs up to $840 million (722 million euros) to resolve a Justice Department investigation into excess diesel emissions. In a statement FCA said, the impact of a… Read More ›

• Holiday season shopping season sees air freight rates going northwards

  By admin1 on November 3, 2020 • ( 0 )

  

  The coronavirus-induced COVID-19 pandemic is boosting up air freight rates as we head into peak Christmas shopping season. The pandemic, which caused a sharp fall in passenger flights, in tandem with rising demand for e-commerce has set the stage for… Read More ›

• Straight Third Quarterly Loss Reported By Exxon In The Third Quarter

  By admin2 on November 2, 2020 • ( 0 )

  

  Measures much deeper cuts on spending in the near future were detailed by Exxon Mobil Corp as the company reported a loss for the third quarter – a straight third quarter of loss for the energy giant. The company is… Read More ›

• Global Oil Price Slump Induced By New Coronavirus Lockdowns

  By admin2 on November 2, 2020 • ( 0 )

  

  Fresh lockdown ion some countries – particularly in Europe, because of a new wave of novel coronavirus infections pushed global oil prices to a five-month low on Monday. With rising rate of infection of Covid-19, many countries including UK, France… Read More ›

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