On Wednesday, Japanese Prime Minister Fumio Kishida announced sanctions against Russia over its actions in Ukraine, saying Moscow’s moves are unacceptable violation of Ukrainian sovereignty and international law. Japan’s sanctions include prohibiting the issuance of Russian bonds in Japan and… Read More ›
In a statement, Eli Defes, chairman of El Al Israel Airlines stated, he is stepping down with immediate effect due to an undisclosed medical condition. In 2015, Defes had joined El Al’s board and became its chairman in 2017. It… Read More ›
The price wasn’t all that great since it was a bit inflated given the hype over the issue. Many buyers may have flipped it in the market. Incidentally, Aramco chose to only issue $12 billion of debt given its focus… Read More ›
Kingdom Holding Co is Saudi Prince Alwaleed bin Talal’s firm. Interestingly, as per a statement by Aramco’s CEO Talal Ibrahim al-Maiman, Saudi Arabia’s Prince’s firm Kingdom Holding Co did not purchase its bonds. Talal Ibrahim al-Maiman went on to add,… Read More ›
With GE’s confirmation, analysts’ earlier report on the issue remains has been verified. 51 such turbines have been shipped. General Electric Co has confirmed that it has discovered an issue with a turbine blade at an electrical power plant in… Read More ›
The error, ascribed to fat fingers, has led to a public outcry. Some employees were quick to sell the shares mistakenly issued to them. South Korean authorities are investigating the incident. On Tuesday, South Korea’s National Pension Service, the countries… Read More ›
The very service that businesses, universities and institutions depend on suffered a setback causing a ripple effect across the World Wide Web. With Amazon.com’s cloud services suffering a technical glitch on Tuesday, users and businesses across the web experiences disruption… Read More ›
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