Britain lifted a four month COVID-19 lockdown on Monday giving 65 million people a measure of freedom that was earlier curtailed by the Coronavirus-induced COVID-19 pandemic which began in Wuhan, China in late 2020. The British will now be able… Read More ›
COVID-19
Greece formally opens tourism industry to vaccinated or COVID-19 negative tourists
Greece has formally opened its tourism sector, kicking off a summer season through which it hopes to resurrect its tourism which has been battered by the coronavirus-induced COVID-19 pandemic. Following months of lockdowns, Greece has also opened its museums including… Read More ›
Toyota Motor Corp’s Q4 profit beats analysts’ estimate, nearly doubles from previous year
On Wednesday, in a statement Toyota Motor Corp said, its fourth-quarter operating profit has risen by 92%, nearly doubling since a year ago. The development sees the company shrugging off chip-supply issues with its sales recovering from the impact of… Read More ›
Australian casino operator Star Entertainment Group makes $7 billion acquisition bid for Crown Resorts Ltd
On Monday, Australian casino operator Star Entertainment Group proposed an all-stock acquisition of larger rival Crown Resorts Ltd in a deal that valued at $7 billion (A$9 billion); the deal sees Star Entertainment Group tying up with two private equity… Read More ›
Bosch to invest up to $100M in Mexico
In a statement, Bosch, the world’s largest car parts supplier said, it plans to invest up to $100 million in Mexico this year; the development sees a 15% increase, mostly in new manufacturing lines and digitization projects. The resources will… Read More ›
Rise in demand for US travel on vaccine tourism: LATAM Airlines Group
In a statement the LATAM Airlines Group said it sees an increase in demand from South Americans wanting to travel to the US to get vaccinated against the coronavirus. “The past few weeks we have seen an increase in that… Read More ›
U.S. Secretary of Defense to attend Shangri-La Dialogue Asian security summit in Singapore in June
In a statement organizers of the Shangri-La Dialogue Asian security summit, which is scheduled to be held in Singapore next month said, U.S. Defense Secretary Lloyd Austin will be attending the security summit. The annual meeting was cancelled in 2020… Read More ›
KKR & Co Inc raises $18.5 billion for flagship North America private equity fund
According to a source familiar with the matter at hand, KKR & Co Inc has collected $18.5 billion for its latest flagship North America private equity fund, in what is slated to be its biggest-ever fund in less than five… Read More ›
Siemens Healthineers raises sales & profit outlook, sees heightened demand for its rapid antigen tests
On Monday, Siemens Healthineers raised its full-year sales and profit forecast on the back of heightened demand for rapid antigen tests coming from the Wuhan Coronavirus-induced COVID-19 pandemic. The German health technology company expects its sales to grow by 14%… Read More ›
This is war: polish doctor on COVID-19 infections
Midst media reports that Polish medical staff are taking oxygen and intravenous drips to boost their energy, the country’s health minister Adam Niedzielski said, many Polish doctors and nurses are just taking naps between shifts as they continue to fight… Read More ›