On Wednesday, Embattled Airways said that they had stopped operations of flights when the lenders did not accept its application of emergency funds. The amount of rejected fund was $58 million. The carrier that got stuck in bank debt of $1.2 billion was teetering since weeks because of the failure of receiving the loan of
Read More »
Lovers of Bytedance’s app TikTok will have to forgo their use in the days to come. Google, Apple have withdrawn it from their app store after a state court’s order prohibiting its use. The request was made by the federal government to the tech giants in adherence to an order by a Tamil Nadu court
Read More »
According to the new law of the European Union, whistleblowers will be offered greater protection from the government. The law was formulated on April 16, 2019, during a parliament session as a step to prevent whistleblowers from making protests against the ruling authority. Now, whistleblowers can make the government aware of wrongdoings through safe media.
Read More »
Amazon aims to begin taking cash at its programmed convenience shops, dealing with the increasing complaints that cash-free businesses distinguish against lower-income and impoverished users who are more liable to lack authorization to credit cards or banking. The modification, reported by the media with verification from Amazon, will not go into effect immediately. And it
Read More »
Bank of America posts good results but shares slip on Tuesday. The first-quarter profits have increased beating estimates. Profits have increased to 7.3 billion, an increase of 6 percent at 70 cents per share, though the estimated value was at 66 cents per share. Executives had announced that the net interest income had decreased due
Read More »
In 2018, Audi rolled out a test run of a monthly subscription service, Audi Select, which offers access to the drivers to their favorite cars from the firm’s portfolio. Now, the German car manufacturer declared a cheaper & new tier of the offering dubbed as Core Collection. For $995 on monthly basis, users will be
Read More »
The most crucial economic growth role in the Chinese economy is played by Beijing, yet it is the most unpopular option for the voters. The largest economy in South East part of Asia is Indonesia with an annual growth rate of 5% and a 250 million population. PWC says that Indonesia could become the fourth
Read More »