As per reliable sources, Netherlands-based global investment banking advisory and private equity firm Olympia Capital Partners (OCP) has announced a collaboration and strategic investment in Atlanta-headquartered software product development company Maestral Solutions Inc, along with Bosnian IT solu... Read More

The British government has reportedly informed the country’s telecommunications firms not to install new 5G kit of Chinese multinational technology giant Huawei Technologies Co. Ltd. after September 2021. Sources close to the matter stated that the recent move comes amidst the effort to preven... Read More

Amid the coronavirus pandemic where the world is facing economic distress, house prices in the South West of England have shown a rapid rise across the UK in the last year. As per Office of National statistics (ONS), the house prices increased by 6.4% in the year to the end of September, as compared... Read More

Mars Inc., a leading international confectionery, pet food, and candy manufacturer, has reportedly announced the acquisition of Kind North America, a healthy granola and energy bars manufacturer, as the firm seeks to expand its global footprint. Kind, which is known for its healthy food products,... Read More

Russia’s Sovereign Wealth Fund on Wednesday stated that its Sputnik V COVID-19 vaccine is 92% effective at safeguarding people from getting infected with coronavirus, as per the interim trial results. The Russian government reportedly announced this metric as it rushes to keep up with the West... Read More

Advertisers are reportedly cutting their marketing budgets by more than £700 million in the festive-themed virtual running event, the run-up to Christmas. The COVID-19 pandemic has put paid to the big-budget extravaganzas that have historically bombard the general public in the festive season.... Read More

Charles Schwab Corporation, a financial services company, has recently announced a lay-off of 1,000 employees from the recent merger between Schwab and TD Ameritrade. As per the reported statement made by Charles Schwab, the company has started notifying employees that their roles have been elimi... Read More

Cathay Pacific, a flag carrier based in Hong Kong, has reportedly announced the closure of Cathay Dragon, its subsidiary, and is planning to lay-off 8,500 jobs. Cathay Dragon is a full-service carrier, with travel routes across China & other Asian destinations. Cathay Pacific is planning to r... Read More

Netflix, a media service provider, has recently announced a decline in its share by 5%, after recording a fewer number of paid subscribers in the Q3 of 2020. The news comes in line with the rising competition and return of live sports to TV. The media company has revealed that only 2.2 million ne... Read More

The British Retail Consortium (BRC), a renowned trade association in the United Kingdom, has reportedly accused payment firms Visa and Mastercard of charging excess fees for their services during the pandemic. The consortium stated that the payment companies have almost doubled their fees in the pas... Read More