Recent Posts - page 478

• Canadian Coffee brewer Tim Hortons receives undisclosed investment from Tencent

  By admin1 on May 12, 2020 • ( 0 )

  

  On Tuesday, Canadian coffee brewer Tim Hortons said, its Chinese business has received an investment from Chinese tech giant Tencent. The development comes in the wake of Tim Hortons wanting to expand its footprint in the Chinese market. In a… Read More ›

• Hyatt Hotels Corp to restructure and lay off 1,300 employees from June 1, 2020

  By admin1 on May 12, 2020 • ( 0 )

  

  Late on Monday, Hyatt Hotels Corp stated, as it restructures roles within its global operations, it would be laying off around 1,300 employees. The development comes midst a virtual halt in global travel as cities across the globe go into… Read More ›

• The EU & Britain start Brexit negotiations even as June 30 deadline looms

  By admin1 on May 11, 2020 • ( 0 )

  

  On Monday, with little progress made on sticky point, the European Union and Britain commenced trade negotiations even as the June deadline ominously hangs overhead, with both countries yet to agree on extension on negotiations. British Prime Minister Boris Johnson… Read More ›

• Bruno Le Maire to take stock of French automotive industry this week

  By admin1 on May 11, 2020 • ( 0 )

  

  On Monday, French Finance Minister Bruno Le Maire stated, he would be holding new meetings later this week with representatives of the country’s automotive industry which has been hit hard by the coronavirus. In an interview to BFM Business radio… Read More ›

• Roche’s research arm hires MIT’s prize-winning cancer researcher Aviv Regev

  By admin1 on May 11, 2020 • ( 0 )

  

  On Monday, Swiss pharmaceutical giant Roche stated, it has hired a professor from the Massachusetts Institute of Technology (MIT) as its new head of its U.S. research arm which was responsible for some of it’s best-selling medicines in the last… Read More ›

• Qantas pauses airplane deliveries from Boeing & Airbus

  By admin1 on May 11, 2020 • ( 0 )

  

  On Monday, Qantas Airways Ltd said it has advised Boeing Co and Airbus SE that it does not expect to take deliveries of any new planes in the near term on account of the coronavirus pandemic which has almost killed… Read More ›

• US Job Loss At 14.7%, Highest Ever Since Great Depression

  By admin2 on May 10, 2020 • ( 0 )

  

  The extent of the economic hit of the coronavirus pandemic in the United States became clearer after reports of the unemployment rate in the country rising to 14.7 per cent. In April alone, 20.5 million jobs were lost in country…. Read More ›

• Coronavirus Lockdown Hits Tea Harvesting

  By admin2 on May 10, 2020 • ( 0 )

  

  The novel coronavirus pandemic is set to hit the tea producers of the world as the disease and the related lockdowns and social distancing norms have resulted in a shutdown of the harvest in several important regions, including picking of… Read More ›

• U.S. moves to secure critical power infrastructure from foreign enemies

  By admin1 on May 10, 2020 • ( 0 )

  

  In a significant development, U.S. President Donald Trump has passed an executive order which proposes to “monitor and replace” any U.S. power grid equipment made by the nation’s foreign enemies. According to analysts, the move would mainly impact Chinese products… Read More ›

• German financial regulator BaFin investigating suspected market manipulation of Wirecard’s shares

  By admin1 on May 8, 2020 • ( 0 )

  

  On Friday, a spokeswoman from Germany’s financial regulator BaFin stated, it is investigating Wirecard’s communication with investors directly ahead of the publication of a critical audit by KPMG. Earlier, BaFin had said, it would include the findings of the KPMG… Read More ›

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