ERICSSON ACQUIRES US-BASED CRADLEPOINT FOR $1.1 BILLION TO ACCELERATE ENTERPRISE 5G

Highlights

• Borje Ekholm, Chief Executive Officer (CEO), Ericsson said the acquisition of Cradlepoint complements their company’s existing offerings and is key to their strategy of helping customers grow the value of their 5G network investments

• This purchas...

TRAVEL AND TOURISM INDUSTRY IN EUROPE CALLS FOR ENDING THE QUARANTINES IN EUROPE

Highlights:

•  The European travel and tourism industry have called for closing the quarantines in the European Union
• More than 20 tourism and travel bodies all over Europe have united for calling the European Commission to change the quarantine restrictions
...

SOUTHERN CALIFORNIA JOLTED BY AN EARTHQUAKE OF MAGNITUDE 4.5

Highlights

• According to a report by the US Geological Survey, the earthquake was recorded at 11:39 p.m. two miles west of El Monte and ten miles from Los Angeles

• The Los Angeles Fire Department (LAFD) immediately issued a warning for the people to prepare for aft...

ByteDance FILES COMPLAINT IN A WASHINGTON COURT AGAINST U.S GOVERNMENT TO BLOCK BAN

Highlights

• TikTok along with its parent company, ByteDance Ltd has filed a complaint in Washington federal court in order to challenge the executive order issued by the President Donald Trump on August 6

• TikTok and ByteDance in their complaint have alleged Trump ...

UNITED KINGDOM: INFORMATION TECHNOLOGY MARKET TO WITNESS GROWTH DURING 2026

Highlights:

• The information technology market of United Kingdom will be witnessing a growth by the year 2026
•  The information technology of the country is estimated to be one of the emerging markets in the future.

According to t...

WORK FROM HOME IS THE NEW NORMAL & WORKERS ARE OK WITH IT

Highlights

• One of the leading investment bank JPMorgan has asked its most senior sales and trading staff to join office by September 21

• According to a recently conducted survey by Wells Fargo/Gallup, out of total 1,094 US workers surveyed in the month of August, ...

THE SCOTTISH POWER RENEWABLE COMPANY TO BRING HYDROGEN EXPERTISE TO NORTHERN EUROPE

Highlights:

• The green hydrogen project in Scotland will be bringing the hydrogen expertise to the northern Europe
• The power based in the United Kingdom announced a plan to provide solar and wind

The Spanish electric utility Iberdrola...

STOLEN BOOKS WORTH 2.5 MILLION EUROS FOUND UNDER THE FLOOR OF ROMANIAN HOUSE

Highlights:

• The books which were stolen worth 2.5 million euros were found under the floor a Romanian house
• There were around 200 books which were includes the very first editions of Galileo and Isaac Newton

Police said that, around ...

EUROPEEAN UNION PRESIDENT URSULA VON DER LEYEN FORGOT TO MENTION FARMING IN HER SPEECH

Highlights:

• The European Commission President Ursula Von der Leyen have again forgotten farming in her speech
• The Commission chief have already caught for not mentioning the farming sector

Ursula von der Leyen, who is the European Commission Presiden...

EUROPEAN STOCKS DROPPED OVER THE RISING CONCERNS OF THE SECOND WAVE OF CORONA VIRUS

Highlights:

• The European Stocks have been dropped on last Friday
• The drop in the stocks have increased the concern of the investors on the growing and worsening second wave of the novel corona virus

On Friday, the European stocks hav...

EUROPE: BANDAI NAMCO ENTERTAINMENT TO ACQUIRE REFLECTOR ENTERTAINMENT

Highlights:

• The Bandai Namco Entertainment which is based in Europe has acquired the Reflector Entertainment which is based in Montreal
• The process for acquiring the Reflector Entertainment will be completed in the fourth quarter of the year 2020
...

RUSSIA APPROVED ITS FIRST COVID-19 ANTIVIRAL DRUG FOR SALE IN PHARMACIES

Highlights:

• Russia has approved Coronavir vaccine for the treatment of the patients with mild and moderate covid-19 infections
• R-Pharm said that, the vaccine or the antiviral drug will be out in the pharmacies in the country by next week

US PRESIDENT TRUMP DENIES ALLEGATIONS MADE BY AMY DORRIS

Highlights

• President Trump's lawyers have denied the claims and termed it as an attempt to attack the President before the election

• Denying the allegations, Jenna Ellis, legal advisor to the Trump campaign said the allegations are totally false and they will ...

INDIAN-AMERICANS REPRESENT BEST OF AMERICA SAYS ERIC TRUMP

Highlights

• Eric Trump while speaking at a gathering of Indian-Americans in suburban Atlanta said we as a family, we truly love Indian-Americans and love what they represent

• Eric also said that Indian-Americans represent the best of America and his father will nev...

GLOBAL AUTO SALES LIKELY TO SLUMP 20 PERCENT THIS YEAR: S&P

Highlights

• The S&P projects global vehicle sales to expand 7 to 9 percent in both 2021 and 2022, meaning that light vehicle sales two years from now will still be 6 percent below 2019 volumes.

• China may be the only market to catch up with 2019 volumes by the ...