Investment giant BlackRock announced that it will support a new London-based hub that will provide investors with assessments on companies’ climate change plans. BlackRock, the world’s largest asset manager, will join other major investment banks in supporting the Transition Pathway …
Alibaba Group founder Jack Ma resurfaced in Hong Kong in recent days after keeping a low profile since criticizing financial regulations in Shanghai last year. Ma’s companies faced Chinese scrutiny on issues ranging from antitrust to personal data collection, and …
Electric carmaker Tesla has announced that it will be moving the company’s corporate headquarters from Palo Alto, California to Austin, Texas. Tesla CEO, Elon Musk made the surprise announcement during Tesla’s annual meeting of the company’s shareholders. Musk stated: “I’m …
United Kingdom Prime Minister Boris Johnson will confront Amazon boss Jeff Bezos over his e-commerce company’s tax record and working standards for employees when they meet in New York on Sept. 20. Asked if Johnson would urge Bezos to pay …
Egypt announced launching a new trade facilitation technology to improve processing time and costs for all exporters to the country. Egyptian Minister of Finance Mohamed Maait said that the Advance Cargo Information (ACI) system was a significant step in realizing …
Furniture giant Ikea has been struggling to supply some 1,000 product lines due to a shortage of HGV drivers linked to Covid and Brexit. Ikea said that all 22 of its UK and Ireland stores were facing as much as …
Al-Arabiya and Al-Hadath, two Saudi news channels, are relocating their headquarters from Dubai to Riyadh, according to reports. The staff of both channels was told about plans for Riyadh move on Monday, sources told Al Jazeera. Staff refused to be …
Amazon.com Inc has confirmed on Wednesday that it is seeking to hire 55,000 staff globally for corporate jobs and roles in robotics, research, and engineering. Chief executive Andy Jassy explained that Amazon needed more staff to keep pace with the …
Jury selection for the trial of Theranos founder Elizabeth Holmes has begun on Tuesday morning at a courthouse in San Jose with dozens of prospective jurors. Holmes’s legal team and prosecutors with the U.S. attorney’s office for the Northern District …
South Korean authorities have announced in a live TV briefing on Monday that billionaire Samsung vice-chairman Lee Jae-Yong will be released on parole this week after 18 months behind bars. Lee has served 18 months in prison after getting caught …