In a significant development that sees a reversal of U.S. energy policy, the Biden Administration stated it would restart permitting for the first major U.S. offshore wind farm. The development reverses a Trump administration decision that canceled the process in… Read More ›
On Tuesday, according to a business travel association, business travel spending is likely to grow by 21% this year globally thanks to the rollout of COVID-19 vaccines; however, it is unlikely to recover to pre-pandemic levels until at least the… Read More ›
According to analysts and trade experts, the coup by Myanmar’s military is likely to dampen the interest of western companies in investing in the country and may even prompt big U.S. companies to relocate. In the first 11 months of… Read More ›
According to an analysis by Goldman Sachs Inc, last week, U.S. hedge funds bought and sold the most stock in more than a decade midst wild swings in GameStop Corp shares that many had bet against; their market exposure continues… Read More ›
According to a senior executive from Boeing, the company has received a license from the U.S. government to offer its F-15EX fighter jet to the Indian air force. Boeing’s F-15EX fighter jet will compete with France’s Rafale, Sweden’s Gripen among… Read More ›
U.S. Secretary of State Antony Blinken on Wednesday stuck to his stance that Tehran must resume complying with the Iran nuclear deal before Washington, which abandoned the pact under former President Donald Trump, would do so. Making his first public… Read More ›
In a statement, U.S. Secretary of State Antony Blinken, the United States has rejected China’s maritime claims in the South China Sea beyond what it is permitted under international law; the move marks the first time the Bidden Administration resisted… Read More ›
Apple Inc has cornered nearly a quarter of the global smartphone market during the fourth quarter and has emerged as the world’s biggest smartphone seller; shipments of Huawei’s phones have plunged after they were hit by U.S. sanctions. According to… Read More ›
In a statement, Japanese chip and display materials maker JSR Corp stated, it would nominate Robert Hale, a partner at U.S. hedge fund ValueAct Capital, to be an outside director. In early 2020, ValueAct Capital became a major shareholder in… Read More ›
U.S. hedge fund Elliott Management will be closing its office in Hong Kong. It has shifted responsibility for Asian investment decisions to London and Tokyo in the last three years. According to a source familiar with the matter at hand,… Read More ›
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