Recent Posts - page 480

• U.S. Shale giant Chesapeake Energy Corp files for Chapter 11 bankruptcy protection

  By admin1 on June 29, 2020 • ( 0 )

  

  In a development that marks the biggest U.S. oil and gas producer seeking bankruptcy protection following heavy debts whose effects were compounded by the Wuhan coronavirus, Chesapeake Energy Corp has filed for Chapter 11 bankruptcy protection bringing an end to… Read More ›

• $1.4bn Of The Pandemic Aid Was Sent To Dead People By The US Treasury

  By admin2 on June 26, 2020 • ( 0 )

  

  Government inspectors in the United States have found out that more than $1.4bn of its pandemic rescue funds were sent by the US Treasury to people who we4re already dead by mistake. This disclosure was among the several “challenges” that… Read More ›

• The Worst Of The Coronavirus Crisis Has ‘Probably Passed’, Says ECB’s Lagarde

  By admin2 on June 26, 2020 • ( 0 )

  

  While expressing hope that the worst phase of the impact of the novel coronavirus pandemic on the world would be over, Christine Lagarde, the president of the European Central Bank, said that it is unlikely that the world and its… Read More ›

• Bipartisan bill punishing China over draconian Hong Kong security law sails through U.S. Senate

  By admin1 on June 26, 2020 • ( 0 )

  

  In yet another significant development, the U.S. Senate has passed a bipartisan bill that imposes mandatory sanctions on companies and people that back China’s effort to restrict Hong Kong’s autonomy. The bill also includes secondary sanctions on banks that do… Read More ›

• Novartis settles criminal and civil charges, agrees to pay $346M fine: DoJ

  By admin1 on June 26, 2020 • ( 0 )

  

  In a statement, the U.S. Department of Justice stated, Novartis AG along with Novartis Hellas, a Greece-based unit of the Swiss drugmaker, has entered a deferred prosecution agreement wherein it has agreed to pay $225 million as a criminal fine…. Read More ›

• UAE and Israeli companies to work together to fight coronavirus pandemic

  By admin1 on June 26, 2020 • ( 0 )

  

  According to a report from WAM, UAE’s state-run news agency, two private companies from the country will collaborate with two Israeli companies on medical projects. The collaboration will include creating drugs to combat coronavirus which emerged from Wuhan, China. The… Read More ›

• Major U.S. airlines to hold White House meeting today

  By admin1 on June 26, 2020 • ( 0 )

  

  According to three sources briefed on the matter at hand, th CEOs of major U.S. airlines are set to hold a meeting later today at the White House to convince the federal government to mandate temperature checks for passengers. The… Read More ›

• Qantas To Axe 20% Of Workforce In Response To Covid-19

  By admin2 on June 25, 2020 • ( 0 )

  

  Australia’s Qantas said on Thursday that it would implement a massive $10 billion cost-cutting program in response to the Covid-19 crisis, which will include jobs cuts of at least 20 per cent of its total workforce and the grounding of… Read More ›

• Huawei and Hikvisionare among 20 Chinese companies owned / controlled by Chinese military: DoD

  By admin1 on June 25, 2020 • ( 0 )

  

  Basing itself on documentary evidence, the U.S. administration has come to the conclusion that Huawei Technologies and Hikvisionare either owned or controlled by the Chinese military. The determination lays the groundwork for further U.S. financial sanctions on the duo. Confirming… Read More ›

• U.S. President Donald Trump signs memorandum to protect lobster industry, vows tariffs on China

  By admin1 on June 25, 2020 • ( 0 )

  

  In a development that could add more barbs to the ever increasing U.S.-China trade tensions, U.S. President Donald Trump has signed a memorandum aimed at protecting American lobster fishermen who have found export markets drying up. “If those purchase commitments… Read More ›

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