News

Britishvolt selects Blyth for the vehicle battery plant

  Car battery startup Britishvolt has picked up a site in north England for the £2.6 billion battery plant, which would start production i...

BDO not to pay back £4.5 million in furlough money

UK’s leading accountancy firm BDO has said it would not repay £4.5 million of furlough money, which it had received from the government....

How Walt Disney is expanding its direct-to-customer streaming

Summary At the latest Investor Day presentation, Walt Disney Company has said that it has more than 137 million paid subscribers in its direct-to-c...

Hyundai Motor to Acquire a Majority Stake in Robotic Firm Boston Dyn...

South Korean carmaker Hyundai Motor Group and its chairman Euisun Chung are set to acquire an 80 per cent stake in US-based robotic design manufacture...

Money doubled! Airbnb (NASDAQ: ABNB) skyrockets on market debut

Airbnb Inc (NASDAQ: ABNB) has entered the capital markets with a bang as the shares of the San Francisco-headquartered online home-sharing platform ra...

What is GoFundMe and how does it work?

oney is required. Raising money for any occasion is possible on GoFundMe, an online platform where anyone can start a campaign to crowdsource mon...

Pfizer’s COVID-19 vaccine receives a go-ahead sign from FDA Expert P...

In a significant recent development, the Pfizer-BioNTech coronavirus vaccine gets FDA officials panel's nod for the Emergency Use Authorization (EUA)...

Airbnb IPO debuts with a bang, share price doubles

It was a smashing debut for the much-awaited Airbnb IPO. On the first day of its listing, the stock price got more than doubled. The overwhelming resp...

Disney nails another milestone as subscribers soar in number

Entertainment giant The Walt Disney Company (NYSE:DIS) is only one year old in the online streaming service business, but the company seems to have le...

India’s Ambanis top the list of the richest families in Asia

g US$76 billion, following with the Kwok, Chearavanont, Hartono, and Lee families. Bloomberg posted the list of the wealthiest families in Asia i...

Energy and Basic Materials Shares Lifted FTSE 100 by 0.54%; Frasers...

US Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 0.19 points or 0.01 per cent high...

How significant is the Singapore Trade Deal for the UK?

  The UK has signed a free-trade agreement (FTA) with Singapore, paving its way into the Asian market. Liz Truss, the International Trade Secret...

How Bitbond and BVDH launched Euro stablecoin

One of the oldest Germany’s banks Bankhaus von der Heydt and blockchain technology provider Bitbond have successfully launched the first-ever Eu...

XLMedia (LON: XLM) expands its presence in US Sports market with acq...

  XLMedia Plc (LON: XLM) has expanded its presence in the budding US Sports market with its acquisition of the sports gaming and sports betting...

Frasers Group Plc (LON: FRAS) reports a 7.4% decline in revenue for...

  Frasers Group Plc (LON: FRAS) has released its results of H1 FY21 for the period ended 25 October 2020. The Group’s overall revenue d...

Arbuthnot Banking Group Plc’s (LON: ARBB) subsidiary to acquire Asse...

  Arbuthnot Banking Group Plc’s (LON: ARBB) subsidiary Arbuthnot Latham will be acquiring Asset Alliance Group Holdings Limited. The co...

Transport delays prompt Honda to suspend production at UK plant

  Japanese auto major Honda Motor has said that it will suspend most operations at its plant in the UK due to parts shortage. Due to the pand...

Tesco chief says consumers will be hit with higher prices if there i...

  Tesco Plc’s (LON: TSCO) chairman John Allan has said that a no-deal Brexit would mean short-term disruptions in supplies and higher pric...

Just Eat offers couriers hourly wages

  Food delivery company Just Eat Takeaway.Com N.V. (LON: JET) has said it would pay its couriers by the hour than per job. This would mean th...

Why DJIA, S&P 500, and Nasdaq tripped from record highs?

Summary US stock markets failed to sustain the record high peaks on 9 December All three major stock indices including Dow Industrials, S&P 50...