Amazon (NASDAQ:AMZN) is trading flat at 3523.16 Italy’s antitrust watchdog said on Thursday it had fined Amazon (NASDAQ:AMZN) 1.13 billion euros ($1.28 billion) for alleged abuse of market dominance, in one of the biggest penalties imposed on a U.S. tech giant in Europe. Amazon said it “strongly disagreed” with...
1.GOOGLE:-Alphabet Inc’s Google said on Wednesday it will give an additional bonus to its employees globally this year, as the tech giant pushes back its return-to-office plan. Google will give all employees, including the company’s extended workforce and interns, a one-time cash bonus of $1,600 or equivalent value in...
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1.MORGAN STANLEY:-Large tie-ups between publicly listed companies will be off the table in 2022, as a crackdown by the Biden administration makes securing regulatory sign-off for combinations increasingly difficult, senior dealmakers told the Reuters Next conference. Mergers and acquisitions have been happening at record pace this year, as companies...
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Facebook (NASDAQ:FB) is trading down 4.01% at 324.46 Facebook risks missing the point of metaverse – and a coming shift in consumers’ behaviour – if it fails to permit digital ownership, according to some of the virtual world’s pioneers. The social media giant made waves last month by...
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1.GAP:-NGap Inc has settled federal charges that it routinely discriminated against employees who were not U.S. citizens because of their immigration status, the Department of Justice said on Monday. The accord requires the San Francisco-based clothing retailer to pay a $73,263 civil fine, provide back wages to two employees...
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Boeing (NYSE:BA) Co is trading up 0.28% at 227.25 Norway took delivery on Thursday of the first of five Boeing (NYSE:BA) Co P-8 maritime patrol aircraft, central to the NATO country’s ability to expand its submarine-hunting capabilities in the strategic “High North” area inside the Arctic Circle. The five...
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1.NIKE:-Nike Inc revealed a virtual world modeled after its headquarters on video game platform Roblox Corp, becoming one of the first big brands to enter the “metaverse”. The digital space, called “NIKELAND”, allows players to outfit their avatar with special Nike products and is free for anyone to visit...
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1.ASTRA ZENECA:-AstraZeneca on Thursday cemented its lead in bringing a preventative COVID-19 shot for the non-infected to market for people who do not respond well to vaccines, saying its antibody drug cocktail offered 83% protection over six months. The injected therapy, called AZD7442 or Evoshield, had previously been shown...
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1.NOKIA:-Nokia said on Wednesday it plans to launch a cloud-based software subscription service targeting telecom companies for providing software around analytics, security and data management. Many technology companies have been moving toward a subscription model from upfront licensing to build a predictable, recurring business. While some of Nokia’s software...
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TOP 5 STOCKS TO WATCHOUT:- 1.BOEING:-Emirates has made progress in talks with Boeing on the Dubai airline’s concerns over delays to the 777X jetliner but does not yet know when it will receive an aircraft it considers vital to its future growth, its president said on Tuesday. “It is...
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