French Prez Macron to host Africa summit for Sudan, post-COVID relief

Emmanuel Macron, President of France, has reportedly announced plans to host African leaders and heads of global financial institutions for twin summit meetings. These meetings would focus on helping Sudan into a new democratic age and offering crucial financial backing to Africa, which has been str

AstraZeneca hits vaccine shipment goal as EU sues over shipment delays

In a new milestone, pharmaceutical giant AstraZeneca Plc, has reportedly delivered 50 million doses of its COVID-19 vaccine across countries in the European Union. Evidently, the company was slated to hit the milestone in January of this year. As per reports, the number of delivered doses constitut

Amazon’s tax-free €44 billion Europe sales income raises questions

Tech leader Amazon’s recent corporate filings in Luxembourg have given rise to speculations about the firm’s tax planning. The company reportedly garnered record sales income of €44 billion (~USD52 billion) in Europe last year, while not needing to pay any corporation tax to the loc

Profits jump for Sony Music as streaming boosts revenues up to $2.5 Bn

Leading music company, Sony Music has reportedly announced that it has recorded an explosive Q4 (fourth quarter) growth, with the company’s operating income surpassing ¥40.62 billion (approximately $383.6 million) upon revenue of over ¥263.37 billion (approximately $2.49 billion). As

Japan to open large-scale vaccination centers in Tokyo and Osaka

Government authorities in Japan are reportedly planning to open large vaccination sites in Tokyo and Osaka in the upcoming weeks, aiming to expedite the country’s inoculation drive. It has been reported that the government will open a center for vaccination in central Tokyo as early as May. T

SMRT to distribute smart electric motorbikes in Singapore and APAC

Prominent Singapore based electric motorcycle manufacturer EuroSports Technologies has reportedly partnered with SMRT’s fully owned subsidiary- Strides Transportation. This partnership is geared towards manufacturing, marketing and supplying smart electric motorbikes. During its announcement

U.S. to approve $650B of IMF global reserves for low-income nations

The United States Congress is reportedly set to approve more than $650 billion worth of Special Drawing Rights or global reserves held by the IMF (International Monetary Fund) to help low-income nations that have been severely impacted by the Covid-19 crisis. According to reports, the proposed fund

Tencent’s video game arm TiMi Studios records $10B of earnings in 2020

TiMi Studios, a Tencent Games subsidiary and the videogame developer behind massive mobile hits MOBA Honor of Kings and Call of Duty: Mobile, has reportedly recorded revenues of over $10 billion for 2020, cite reliable sources. According to reports, these earnings make TiMi Studios the world’

Top Glove shares take hit as US CBP alleges forced labor, seizes goods

Shares of Top Glove Corporation Berhad, a leading Malaysian rubber glove maker, have reportedly seen a sharp fall in the stock market after the U.S. Customs and Border Protection issued notices across all U.S. ports to seize shipments of Top Glove disposable gloves. The notices of seizure were issue