In a statement the U.S. Securities and Exchange Commission said, Healthcare Services Group Inc has agreed to pay a $6 million fine to settle civil charges for its alleged failure to account for legal settlements with its employees, which resulted in… Read More ›
US
Britain pushes G7 for new economic sanctions on Taliban
Britain plans on collaborating with world leaders to consider imposing new sanctions on the Taliban, which took control of Afghanistan following the disorderly exit of US troops from the country. The G7 is scheduled to meet on Tuesday to discuss… Read More ›
Baidu raises $1 billion in ESG bonds
In a statement China’s Baidu Inc said, it has raised $1 billion in two tranches of U.S. dollar sustainability bond, marking its first environment, social and governance (ESG) transaction. While the first tranche covers a 5.5-year bond for $300 million the… Read More ›
Sweden’s Embracer acquires 3 companies midst surging profits
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 ›
Blue Origin files lawsuit against US government over awarding $2.9 billion contract to SpaceX
Blue Origin has filed a lawsuit against the U.S government over NASA’s decision to award a $2.9 billion lunar lander contract to SpaceX. In its lawsuit Blue Origin said, its lawsuit is “an attempt to remedy the flaws in the… Read More ›
Chinese state owned companies have stakes in ByteDance and Weibo
Corporate records show that the Chinese government has stakes in Chinese entities owned by ByteDance and Sina Weibo. The news comes midst widening regulatory crackdown on the industry. Shareholder data from the National Enterprise Credit Information Publicity System shows WangTouZhongWen… Read More ›
Pakistan-backed terror group Taliban gains full control over Afghanistan
In a statement a spokesman for the Taliban’s political office said, war was over in Afghanistan and called for peaceful relations with the international community. In an interview with Al Jazeera TV, Taliban’s spokesman Mohammad Naeem said, the Taliban did… Read More ›
United Airlines reroutes flights over Afghanistan following Taliban taking over Kabul
Late on Sunday, United Airlines said it is rerouting some flights to avoid Afghanistan airspace following the Taliban taking control of the presidential palace in Kabul. The Pakistan-backed terrorist group has rapidly gained control over territory in Afghanistan after U.S…. Read More ›
Only fully vaccinated to return to US offices from Sept 7: IBM
In a statement International Business Machines Corp (IBM) said it will allow only fully vaccinated U.S. employees to return to offices, which are scheduled to open from September. The measure is part of its suit of measures to help contain the rapid… Read More ›
Travel recovery has begun: Heathrow Airport
In a statement Britain’s Heathrow Airport said, the total number of passenger travelling through the airport in in July has surged, following the government easing travel restrictions; it however warned that overall numbers were still down by 80% compared to… Read More ›