In a statement Anish Shah, the CEO of Indian auto major Mahindra and Mahindra group said, it will explore sourcing more components from other companies to boost its electric vehicle (EV) portfolio. While earlier Mahindra had focussed on developing EV components… Read More ›
British Prime Minister Boris Johnson has unveiled the country’s biggest-ever package of sanctions against Russia targeting banks, members of President Vladimir Putin’s closest circle and wealthy Russian Oligarchs. Many western nations are imposing tough economic sanctions against Russia in response… Read More ›
On Monday, British Prime Minister Boris Johnson is set to unveil plans to scrap coronavirus restrictions as part of a “living with COVID” strategy that aims to achieve a faster exit from the pandemic compared to other major economies. Johnson… Read More ›
In a statement Walt Disney Co said, it has named Rebecca Campbell as the head of its international content creation. She will oversee Disney’s expansion of regional content for its streaming services. Campbell will oversee the creation of more locally produced… Read More ›
In a statement Novartis AG said, it has launched a new share buyback of up to $15 billion which will end by 2023. Confirming an expected sales growth by 4% through 2026, the Swiss pharma giant said its capital allocation strategy… Read More ›
During the third quarter, it is likely that the U.S. economy grew at its slowest pace in more than a year with the Delta variant of COVID-19 acting as a drag against the economy. The US Commerce Department’s advance gross… Read More ›
In August, economic activity in Germany’s services sector saw an expansion, albeit at a slightly weaker pace than the previous month, with businesses which had been hit by coronavirus induced COVID-19 lockdowns catered to pent-up demand. On Friday, as per… Read More ›
On Wednesday, Europe’s largest gaming firm by market value said, it had agreed to acquire 3 companies after posting record revenues in the first quarter. Earlier this month, Sweden’s Embracer, which has a strategy of boosting growth through deals, said… Read More ›
In a statement Deliveroo said, the value of orders on its platform has more than doubled in the first half of this year, despite the gradual reopening of restaurants in Britain – its biggest market. In a statement Deliveroo’s CEO, Will… Read More ›
Discovery Inc said on Monday it expects to have 12 million global paid streaming subscribers by the end of this month, as coronavirus-led restrictions kept people home and fueled streaming subscriber growth. Launched in January, discovery+ houses 55,000 episodes from… Read More ›
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