Chinese President Xi Jinping’s announcement of Australia’s separation from the ambitious Belt and Road Initiative (BRI) project has been overwhelming. Many other countries, along with Australia, may also be different from this project. In fact, due to increasing military presence in the name of projects and imposing many arbitrary conditions, ...

Germany could get the largest chip factory in Europe. However, Intel makes the location decision dependent on government funding. Intel wants to build a large chip factory in Europe, possibly in Germany. However, Pat Gelsinger, head of the hardware company, imposes expensive conditions. The European Union wants to set up ...

This is the first time the Anglo-Swedish drugmaker has given financial details of the distribution and sale of its vaccine, which is developed with the University of Oxford. AstraZeneca said its COVID-19 vaccine contributed $ 275 million in sales in the first quarter and three cents per share from its ...

Urban Co., India’s and UAE’s largest tech-enabled home services marketplace has raised $ 190 million from investors led by Prosus (formerly Naspers). The funding has raised the valuation of the Gurugram-based company to over $ 2 billion. In 2019, the firm was valued at $ 933 million following a funding ...

Toshiba Corp’s second-largest shareholder called on the Japanese group to undergo a strategic review and explicitly solicitors, disgusted by the company’s comments on the desire to list potential acquaintances. Comments from 3D Investment Partners, which owns a 7.2% stake in Toshiba, came in the form of a $ 20 billion ...

The Canadian Pacific Railway on Saturday welcomed a favorable regulatory decision related to its proposed merger with Kansas City Southern, the same day that Kansas City said its board determined that a “better proposal” from a competing proposal from the Canadian National Railway “Can be expected”. Kansas City Southern said ...

Canadian National Railway Co. made a roughly $30 billion bid for Kansas City Southern, kicking off a bidding war for a railroad operator that has already agreed to a sale to another Canadian rival. Canadian National offered $325 for each Kansas City Southern share, including $200 in cash and 1.059 ...

Recent coronavirus infection cases are increasingly at risk of weakening the landscape of 2021–22. Global credit rating agency Fitch Ratings and the Reserve Bank of India both said in their separate reports on Thursday that the transition between the second wave of coronavirus could quickly delay recovery in the gross ...

The authorized herb generates about 1,800 million euros in the country after increasing by 120% during 2020. In October 2018, the Justin Trudeau government legalized recreational marijuana in Canada, the second country, after Uruguay, to adopt this measure (the medicinal use has been authorized since 2001). After two and a ...

ROME, (Reuters) – Talks between Atlantia and a team of investors led by Italian state lender CDP have entered a key moment, the country’s transport minister said on Thursday, when the group holds a board meeting to review the new offer for its motorway unit. Last week CDP and its ...