Case likely to be appealed again to EU top court

Europe’s second highest court on Wednesday has annulled the decision taken by the European Commission regarding the Irish tax rulings in favor of Apple. after the ruled, Apple and Ireland have won their appeal against the EC’s €13.1 Billion tax ruling.

Oil demand will soar record 7M BPD in 2021

Oil prices rose slightly on Tuesday as OPEC and its allies cut production by more than agreed in June, although demand concerns lingered due to increase cases of Coronavirus in United States.

Emeryville, Calif : NovaBay Pharmaceuticals Inc (NYSE: NBY), on Monday, announces testing results from an independent third party laboratory confirmed that Avenova is very much effective to kills deadly coronavirus. Test results will be submitted to the Environmental protection Agency (EPA) for the EPA’s approved list of disinfectants for use against Covid-19.

Google For India Event 2020 Live

Search engine giant Google on Monday announced that it will be setting up $10 billion investment fund for India, which it will be deploying for next 5-7 years. The Google CEO Sundar Pichai said “excites to announce Google for India digitisation fund. Through it, we’ll invest Rs.75000 crore or approx $10 billion into India over next 5-7 years.”

Insurer Allstate Corp. is acquiring National General Holding for $4 billion in cash to expands its auto Insurance business. National General Shareholders will get $32 per share that they hold plus closing dividends of about $2.5 per share for a total of about $34.50 each.

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Jio Meet : New video conferencing app

Reliance Jio has finally unveiled its video conferencing application JioMeet to takes of Chinese App Zoom, Google Meet and Microsoft Teams. On Thursday, the India’s richest firm, backed by Mukesh Ambani, formally launched Jio  Meet.

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