Ant Group, the highest valued financial technology company, may reportedly face a loss of around USD 140 billion in valuation after its massive stock debut was halted by the Chinese government. If Ant Group’s USD 280 billion pre-IPO valuation is reduced, the company would essentially be les... Read More

The United Kingdom is struggling to stock up on supplies of Oxford University/AstraZeneca’s COVID-19 vaccine, a top UK government official has said. Kate Bingham, UK Vaccine Taskforce chair stated that the aim of 30 million vaccines by September hadn’t been achieved and she anticipate... Read More

As per the latest news, China has suspended the USD 37 billion listing of Ant Group, which had been planned to be the world’s largest Initial Public Offering (IPO), one day after regulators grilled the company’s top executives including Jack Ma, who is the founder of the company. Chin... Read More

Shortly after Twitter Inc.’s board of directors commenced its search for a new chief executive officer in March, the company said it would only allow someone willing to commit to the job full time. It was a clear message to Twitter’s interim chief executive, Jack Dorsey, that he would ha... Read More

AMP Ltd., a renowned Australian wealth manager, has reportedly announced that it has received a conditional buyout offer from Ares Management Corp, a US based alternative investment management company, which values it at $4.47 billion (A$6.36 billion). This buyout offer led to a jump in the Australi... Read More

Rockstar Games, an American video game publisher, is going to make the gaming enthusiasts wait for the biggest announcement of the GTA 6 release date for PS5 and Xbox Series X. Going by the recent reports, it might take another year before any confirmed news about the game’s release. The ru... Read More

Despite being under attack from the Trump Administration’s US ban, it seems that TikTok has not given up on its global expansion plan. As per the latest news, the Chinese video-sharing social networking giant is planning to recruit about 3,000 engineers over the next three years across Canada,... Read More

Ant Group, an affiliate company of the Chinese Alibaba Group, to raise around US$17.3 billion in the Shanghai leg of nearly US$35 billion dual listings, after certain large investors submitted bids in 68-69 yuan per share range, according to the reports. According to the reports, various large fu... Read More

Royal Mail, a British postal service and courier firm, plans to hire 33,000 extra workers for the Christmas period, which is almost two-third times more than the usual seasonal hiring. This is due to the increase in online shopping during the COVID-19 pandemic. Usually, the postal company hires 1... Read More

With over 100 vaccines being developed and tested to stop the spread of COVID-19, it seems that nations worldwide are finally getting vaccine supplies to tackle the ongoing pandemic. As per the latest news, around 40 million vaccines cloud be heading to the United Kingdom in the next two and half mo... Read More