Thursday, July 9, 2020
Recently, ADCB (Abu Dhabi Commercial Bank), UNB (Union National Bank), and Bank Al Hilal have revealed a major three-sided merger deal that will establish the fifth-biggest lender in North Africa and the Middle East with total assets of $114 Billion. The pact—which was verified at the close of business—spots...
PG & E, the largest power utility in the United States has filed for bankruptcy under Chapter 11 in California.  But shares went by up by 17 percent during trading hours on Tuesday, after the power company filed for bankruptcy. Camp Fire that broke out unexpectedly in California has resulted in...
Hyundai Motor Group has declared about future commercialization and development of the multi-collision airbag system which is the world's first. It dramatically improves the performance of airbags in case of multiple crashes. The present airbag systems do not offer secondary protection when the early collision is not enough to drive...
Though Disney has not launched its streaming service as yet to compete with Netflix and others, its investors are already feeling the economic challenges posed by this mode of entertainment. In a financial filing made late last week the firm said that its investment arm Hulu lost $580 million...