Monday, September 27, 2021

World Business

ExxonMobil announces $3.2 Billion earnings in Third Quarter 2019

ExxonMobil Corporation on Friday announced estimated third quarter 2019 earnings of $3.2 billion, or $0.75 per share assuming dilution. Earnings included a favorable tax-related identified item of about $300 million, or $0.07 per share assuming dilution. Capital and exploration...

When women become bosses

Companies only need to set a target for the minimum percentage of women on the board. So that they can not miss that, dozens of German listed companies have officially given themselves a minimum target of zero women on...

IPO of world’s largest oil company Saudi Aramco is set to start rolling

The IPO of the world's largest oil company Saudi Aramco is set to start rolling. Global  financial circles were convinced that the hot phase of attracting investors began on November 03, starting on December 04, stocks can be ordered...

Boeing CEO admits fatal errors in 737 Max 8

Boeing Chief Executive Dennis Muilenburg admitted on Tuesday that the company made "mistakes" in the fatal crashes of 737 Max 8 aircraft in Indonesia and Ethiopia while speaking before the US Senate. "We know we made mistakes and that we...

Olaf Schulz: Facebook’s Libra cryptocurrency should be banned

German Finance Minister Olaf Schulz on Friday renewed his criticism of Facebook's plans to launch its cryptocurrencies, Libra, and said a new world currency should be banned. Speaking to reporters during the fall meetings of the International Monetary Fund and...

Italy plans to impose 3 percent tax on tech giants from 2020

Italy has decided to impose a new tax on digital companies, including US technology giants, as part of the 2020 budget project, a move that could attract threats of retaliation from Washington. According to the site TOI, tax due next...

737 MAX: After repeated claims, Boeing still uncertain of airborne date

Aviation regulators from the United States and the European Union said they were still checking the aircraft 737 MAX software changes being carried out by Boeing. Quoted from Reuters on Wednesday, this examination was carried out in detail, bearing in...

Dr Mahathir: Aramco plant attacks are expected to impact global oil prices

Malaysian Prime Minister Dr Mahathir Mohamad said on Sunday that the attacks on Aramco oil plant in Saudi Arabia are expected to affect world oil prices, including Malaysia. However, in Malaysia, the Prime Minister explained, the government subsidized the fuel...

Global oil price to jump after Saudi Arabia suspends oil production following drone attacks

Global oil price likely to jump after Saudi Arabia temporarily suspends oil production at two Aramco oil plants attacked by Yemeni rebels, disrupting about half of the company's total production. The attack led to a temporary suspension of oil production...

Google beats Amazon to win partnership with General Motors

General Motors (GM) announced on Friday that it has entered into a partnership with Google to support the development of vehicle control systems other than the development of audio technologies and entertainment and information features such as electronic navigation...

Latest News

Seasoned builder and developer Mohsin Sheikhani elected as chairman ABAD

Pakistan’s seasoned builder and developer and Patron-in-Chief of Allied Panel Mohsin Sheikhani was elected Chairman of the Association of...
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