Elite investors driving stock boom and raking in big money

Elite investors driving stock boom and raking in big money

By Anna Domanska - Jul 17, 2021

Easy access to trading platforms has made retail investing more popular among the common man and led to a boom. Robinhood and Coinbase are two of the most visible beneficiaries of

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Johnson & Johnson recalls sunscreen products due to benzene traces

Johnson & Johnson recalls sunscreen products due to benzene traces

By Anna Domanska - Jul 16, 2021

Johnson & Johnson (J&J) announced Wednesday it is recalling five of its sunscreen products after some samples were found to contain low levels of Benzene, a chemical that c

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Intel in early talks to acquire chipmaker GlobalFoundries for $30 billion

Intel in early talks to acquire chipmaker GlobalFoundries for $30 billion

By Anna Domanska - Jul 16, 2021

GlobalFoundries came into spotlight last year when semiconductor industry leaders were trying to solve the ongoing chip shortage. The U.S.-based chipmaker offered something that no

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Wall Street banks see economic boom in Q2 2021

Wall Street banks see economic boom in Q2 2021

By Anna Domanska - Jul 15, 2021

“Banks will be tested,” cautioned a McKinsey report from March 2020. The economic fallout of the Covid-19 pandemic has toppled the global balance. Times are changing now.  Ame

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EU rolls out ambitious plans to end carbon-emissions by 2050

EU rolls out ambitious plans to end carbon-emissions by 2050

By Anna Domanska - Jul 15, 2021

The European Union has come out with plans to make the region carbon- free with a set of regulations that will restrict fossil fuel usage and  imports of the same. The European Co

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Corona variants and inequitable vaccine distribution worrying, say G20 nations

Corona variants and inequitable vaccine distribution worrying, say G20 nations

By Anna Domanska - Jul 13, 2021

The rise in new variants of the Coronavirus and poor access to vaccines in developing countries will derail the recovery of economies across the world, warn the finance ministers o

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Volkswagen warns chip shortage to reduce output in 2021

Volkswagen warns chip shortage to reduce output in 2021

By Anna Domanska - Jul 12, 2021

Volkswagen predicts €11bn half year profit, but warns chip shortage will affect full-year sales.

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Wells Fargo forgoes revolving credit facility

Wells Fargo forgoes revolving credit facility

By Anna Domanska - Jul 12, 2021

Wells Fargo has decided to end its revolving credit facility for customers and will shut down the existing ones too in the coming weeks. “Wells Fargo recently reviewed its produc

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Philip Morris takes over Vectura pharma for $1.5 billion

Philip Morris takes over Vectura pharma for $1.5 billion

By Anna Domanska - Jul 10, 2021

Philip Morris International (PMI), the multinational cigarette and tobacco manufacturing giant, is set to buy British pharmaceutical company Vectura for £1 billion ($1.5billion).

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