Recent Posts - page 421

• Rolls Royce roiled by coronavirus, as pandemic disrupts engine flying hours

  By admin1 on December 11, 2020 • ( 0 )

  

  With the coronavirus-induced COVID-19 pandemic bring the global travel to a stop, British engineering company Rolls-Royce downgraded its yearly cash outflow forecast underscoring the challenges it faces in its financial outlook even as the air travel continues to be disrupted… Read More ›

• Chinese member of Bloomberg detained by plain clothes official on suspicion of endangering national security

  By admin1 on December 11, 2020 • ( 0 )

  

  On Friday, Bloomberg reported that Chinese authorities have detained a Chinese staff member who worked for Bloomberg news bureau in Beijing. He was detained on suspicion of endangering national security, said the report. Haze Fan was seen escorted from her… Read More ›

• China leverages COVID-19 – only major economy to recover from pandemic, auto sales surge

  By admin1 on December 11, 2020 • ( 0 )

  

  On Friday, China’s industry body stated, vehicles sales in the country is set to touch 25 million units in 2020. The development underscores the interesting phenomena in the world’s biggest vehicle market where the auto industry has recovered from the… Read More ›

• Government to spend $3.71 billion towards Go To Travel campaign: Japan’s Ministry of Finance

  By admin1 on December 11, 2020 • ( 0 )

  

  On Friday, in a statement Japan’s Ministry of Finance said, the Japanese Cabinet has decided to spend $3.71 billion (385.6 billion yen) from emergency budget reserves to back the government’s domestic travel. The bulk of the spending will go towards… Read More ›

• UK Regulator Advices Not Giving Pfizer Covid-19 Vaccine To Individuals With History Of Allergy

  By admin2 on December 11, 2020 • ( 0 )

  

  The vaccine against the novel coronavirus that has been developed by Pfizer and BioNTech should not be given to those people who have a history of “significant” allergic reactions, directed the drug regulator of the United Kingdom earlier this week…. Read More ›

• US Lawmakers Sue Facebook Over Anti-Competition Business Practices

  By admin2 on December 11, 2020 • ( 0 )

  

  The largest social media company Facebook has been sued by federal regulators of the United States and more than 45 state prosecutors over charges that the company had illegally purchased rivals to muzzle competition.   These lawsuits are amongst the… Read More ›

• BlackRock expands coverage of climate-related issues to 90% of holdings

  By admin1 on December 10, 2020 • ( 0 )

  

  On Thursday, ahead of its upcoming shareholder meeting, BlackRock said it would more than double the number of companies it engages with over climate-related issues to more than 1,000 while laying out stronger goals on other fronts for portfolio firms… Read More ›

• S&P Dow Jones Indices delists Chinese-military backed companies

  By admin1 on December 10, 2020 • ( 0 )

  

  On Thursday, in a significant development, S&P Dow Jones Indices said it would delist Chinese companies including Hikvision from its products, becoming the latest stock exchange to do so following the U.S. Administration ordering restrictions on the purchase of their… Read More ›

• Britain signs FTA with Singapore

  By admin1 on December 10, 2020 • ( 0 )

  

  In a significant development, on Thursday, Britain has signed a free trade agreement with Singapore as it prepares its transition out of the European Union on December 31, 2020. The deal was signed by Britain’s secretary of state of international… Read More ›

• Airbnb’s IPO trades above IPO target

  By admin1 on December 10, 2020 • ( 0 )

  

  According to sources familiar with the matter at hand, Airbnb Inc’s sale of shares during its initial public offering (IPO) sold at $68 apiece, above its targeted price range, and raised around $3.5 billion, giving it a diluted valuation of… Read More ›

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