German conglomerate ThyssenKrupp on Friday said that it will no longer be considering a merger with India’s steel giant Tata but will look for a partner so that the company can continue its operations. The German giant will also cut more than 6000 jobs worldwide. It said that there were concerns from the European Commission […]
ExxonMobil which is the largest global oil trading public firm announced that it had made an agreement with Zhejiang Energy group for sales and purchase for LNG (Liquefied Natural Gas) supply lasting over 20 years. Earlier in October 2018, a framework deal was announced, and now under the latest agreement, the largest publicly traded oil […]
India based Adani Enterprises has taken one step closer to constructing a thermal coal mine that has been embroiled in controversy in Australia as it won the federal government approval for its innovative groundwater management plan. Gautam Adani plans to develop the Carmichael coal deposit. However, he has been facing fierce resistance, which caused the […]
The Sackler family, which is in charge of the charitable trust Sackler Trust, has been beset with allegations regarding its involvement in the opioid crisis in the United States and as such it has seen its money being handed back by prominent institutions in the United Kingdom. The Sackler Trust is a prominent charitable trust, […]
Not since the Iraq War has a political situation so divided the United Kingdom as Brexit and ever since the British public voted in favor of exiting the European Union in 2016, the nation has been in a constant political turmoil regarding the subject. Business leaders, academics and politicians of all colors have often stated […]
The social media giant Facebook has been in the eye of a storm for a range of issues starting from users’ privacy to spurious political campaigns, but it got a bit of a jolt yesterday when the website and app experienced the worst outage in its history. In the past, Facebook has experienced plenty of […]
