Tag: Business
Top three threats to post covid
FSI organisations have been under increased pressure to continue to deliver an array of services. All remote and hybrid working are being adjusted by...
TotalEnergies makes large oil discovery off Namibia
Operator TotalEnergies has made a significant discovery of light oil and associated gas off the coast of Namibia. This was stated by the company....
Major buyers of Russian oil struggles
The global oil market was thrown into chaos after the invasion of Russia into Ukraine. This is with top buyers of Russian oil struggling...
Germany to host G7 finance meeting
Germany will host the main finance meeting of its presidency of the Group of Seven economic powers from May 18-20. This is reported in the Rheinische...
Uniper secures $11 BLN credit lines
German utility Uniper said that it has secured credit facilities worth up to 10 billion euros ($11.3 billion) from parent Fortum and state bank...
Renault’s China JV with brilliance
Renault confirmed a report that its joint venture with Chinese carmaker Brilliance Auto Group had run out of cash. Hence, they are heading for...
Thyssenkrupp restructure halfway complete, expecting 2022 higher margin
Thyssenkrupp’s radical restructuring involving a string of disposals and cost cuts is about halfway complete. This is with the group on track for higher...
Management turmoil complicates Telecom Italia bid response
Telecom Italia (TIM) is looking to draw up a list of candidates to advise it on a takeover approach from U.S. group KKR. This...
Nissan unveils $18 BLN electrification push
Nissan Motor Co had announced that it will spend 2 trillion yen over five years. This is for accelerating the vehicle electrification to catch...
In future of cloud – keeping data safe
Cloud services are inherently scalable, responsive and flexible. This is because the workers are no longer limited to just a select number of pre-determined...
