Chinese property giant Evergrande has announced new debt restructuring plans for offshore debt worth USD 20 billion. This move has emerged as a motivational step for other struggling developers as well. The restructuring plan will help t....

Planet Based Foods Global Inc. has reportedly announced its decision to expand its distribution in the West and Midwest. Following the expansion, the company’s products will be available in stores like Smith’s and Mariano’....

The stocks of local banks in Singapore have declined significantly, due to the crisis affecting the second-largest bank in Switzerland, Credit Suisse, and the failure of a chain of banks in the United States of America. Credit Suisse fell b....

Sias, also known as the Security Investors Association (Singapore), has recently initiated discussions with senior officials from Gear (Golden Energy and Research), to encourage the firm to improve it privatization offers for its shareholde....

The shares of cloud software developer, Salesforce, have reportedly risen by 16%, beyond Wall Street expectations. The revenue of Salesforce grew by 14% Y-o-Y in the fourth quarter ended January 31st. The company had a loss of USD 98 millio....

Google, the most used search engine, has made significant strides in the use of quantum computers for practical applications. Engineers behind the breakthrough have stated that there will be a significant shift in the use of quantum compute....

Centrica, the U.K.-based electric services company and the owner of British Gas, has reportedly recorded profits for the 2022 fiscal year. Apparently, the corporation reported operating profits of £3.3 billion (US$3.9 billion), up ....

Disney, the prominent American mass media and entertainment company has reportedly announced to make sequels of Frozen, Toy Story, and Zootopia, in a bid to turn up the streaming business. Disney’s CEO Bob Iger stated that the anim....

Centrica, the well-known energy giant and the parent firm of British Gas, has reportedly apologized after a probe found that the firm sent debt collectors to break into the homes of struggling families forcing them to install prepayment met....

The National Grid has reportedly shut coal plants ordered to fire up on Thursday when the network operator of France raised the alarm about the implications of strike action. Two plants at Drax in Yorkshire as well as one located at West....