Thursday, October 21, 2021

Swiss court rejects Google appeal over government cloud computing contract

A Swiss court has dismissed Google's bid to block the award of a government cloud computing contract worth up to 110 million Swiss francs ($119 million) to rival bidders

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Burberry appoints Versace boss as CEO with a £6-mn 'golden hello'

Jonathan Akeroyd oversaw the sale of Versace to US group Michael Kors while Burberry, the 165-year-old group, had been searching for a chief since June

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Jack Ma leaves China for first time after Alibaba crackdown

Ma is abroad for a series of business meetings, including a tour of the agricultural industry and environmental technology in Spain

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Citigroup's Asia retail units may draw bids from DBS, StanChart

Binding bids for Citigroup's retail assets in Indonesia, the Philippines, Taiwan and Thailand are due on Friday, while offers for the India unit are due next week

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Meta? Horizon? Facebook renaming report sparks viral speculation

Rebranding may reposition Facebook as a metaverse company, with marquee apps like Facebook, Instagram and WhatsApp under a new parent structure

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Wednesday, October 20, 2021

L&T Infotech continues to leave rivals trailing in its wake

Stock has risen 89% so far in 2021 and is up nearly 4x since March 2020

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Amarinder Singh to launch his own party, open to seat arrangement with BJP

Congress leader and former Punjab chief minister Amarinder Singh Tuesday said he would soon announce his own political party and is hopeful of a seat arrangement with the BJP if the farmers' issue is resolved in their interest. Singh resigned as chief minister of Punjab last month after a bitter feud with Navjot Singh Sidhu and infighting in the state Congress. The party replaced him with Charanjit Singh Channi. "The battle for Punjab's future is on. Will soon announce the launch of my own political party to serve the interests of Punjab & its people, including our farmers who've been fighting for their survival for over a year," Singh said Tuesday. He also said he will not rest until he secures the future of "my people and my state". "Punjab needs political stability and protection from internal and external threats. I promise my people I will do what it takes to ensure its peace and security, which is today at stake," he was quoted as saying by his media adviser. "Hopeful of a .

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At least 42 die as rains batter Uttarakhand; many feared trapped

Nainital cut off from state; many feared trapped

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India's low score on GVC a starting point for recovery from pandemic: AIIB

India rated 7.4 percentage points below the average global value chain participation rate for emerging economies from Today's Paper ht...