Sun Life Financial Inc. has announced the retirement of Chief Executive Officer Dean Connor, confirming that the long-term leader will hand the reins over to existing Chief Financial Officer Kevin Strain in August of next year.
In addition to taking the role of CEO, the 54-year-old businessman will also assume...
After becoming the first African country to begin a national vaccination campaign two weeks ago, Morocco is expected to receive an order of 4 million doses of the AstraZeneca vaccine on Thursday. The doses that are expected to arrive were manufactured by the Serum Institute of India.
According to health...
Nvidia's plans to acquire chip designer Arm from Softbank are officially off the table. The news was confirmed by both companies via press release on Tuesday.
Nvidia previously agreed to purchase Arm for $40 billion in cash and stocks back in late 2020. The news caused Nvidia's stocks to soar,...
The German state of North-Rhine Westphalia has suffered a setback in its battle against the coronavirus pandemic following delays in the delivery of vaccines from Pfizer and its German partner BioNTech. In an announcement on Wednesday, the state revealed that plans to open new vaccination centers on February 8th...
Colonial Pipeline, the largest pipeline system for refined products in the United States, paid a ransom of nearly $5 million to Eastern European hackers on Friday. This was after the hackers used ransomware to disable Colonial Pipeline's computer network.
According to the FBI, the hackers are linked to a...
Brian Niccol, the new CEO of Starbucks, intends to primarily focus on improving the company’s business in the United States in his early days as the coffeehouse chain’s top executive.
In an open letter shared this week, Niccol said that Starbucks “isn’t delivering” on providing the best experience for its...
While already the most shorted stock on the market, American Airlines Group Inc skyrocketed yet again after being mentioned on the Wall Street Bets forum on Reddit. This comes after GameStop Corp. stocks surged due to being the focal point of debate on the exact same forum.
American Airlines's rapid...
Apollo Global Management is currently in talks to join a consortium led by Fortress Investment Group, the private equity firm recently announced. The consortium is expected to shortly complete a 6.3 billion pound ($8.6 billion) takeover of British supermarket chain Morrisons. With regards to this transaction, Apollo has declared...
The British pound sterling climbed by as much as 1.2% to $1.3384 as of Sunday morning, following talks between the United Kingdom and the European Union regarding a trade deal following Brexit.
During discussions, British Prime Minister Boris Johnson and European Commission President Ursula von der Leyen agreed that both...
With the labor market making a steady recovery from the effects of the ongoing coronavirus pandemic, weekly unemployment claims have dropped to their lowest levels since November 2020.
The U.S. Department of Labor is scheduled to release its latest job report on Thursday. The main takeaway of the report is...