About Author : Pankaj Singh

Pankaj Singh

With a commendable experience of content creation under his belt, Pankaj Singh, a qualified Post Graduate in Management, boasts of having worked as a freelance writer and an insurance underwriter. Additionally, Pankaj has also enriched his qualification portfolio with a course in Digital Marketing. He currently pens down valuable insights on articles pertaining to business, technology, and trade and finance for Business NewsUpdate and other news portals.

Contribution by Pankaj Singh

Netflix to push accessibility with subtitle & audio description badges

Netflix Inc is reportedly expanding its subtitles, audio descriptions, and dubbing in multiple languages. Now, shows will include badges to allow users to easily view the availability of these options without further exploration. Heather Dowdy, Di...

Electric vehicle subsidies in China likely to be extended to push sales

In the wake of the recent COVID-19 wave in China and subsequent lockdowns, credible sources have claimed that the Chinese authorities along with automakers are in talks to extend the expensive subsidies for electric vehicles (EV). The move, which ...

Hyundai and Kia to double down on EVs with USD 16.5 billion investment

South Korea's largest carmakers Hyundai Motor Company and its affiliate Kia Corporation are reportedly planning to spend around 21 trillion won (USD 16.6 billion) to boost their electric vehicle production capabilities. The two companies will ...

Home Depot boosts annual forecast as demand persists despite inflation

The home improvement retailers’ shares spiked by 5% to USD 310.78. Home Depot expects its comparable sales to increase by 3% despite inflating prices. Home Depot Inc. has reportedly lifted its annual sales and profit forecast, lower...

Netflix might venture into live-streaming space to expand its content

According to reliable sources, Netflix Inc. is likely to enter the live streaming service for stand-up performances and other live shows. With support for live streaming, Netflix could also premiere live reunions, such as the one conducted recentl...

Wealth platform Zoe Financial to partner with Defiant Financial Services

Zoe Financial, a wealth platform, has reportedly partnered with Ohio-based Defiant Financial Services LLC. Under the partnership, Defiant Financial Services will become one of the Registered Investment Advisor (RIAs) firms of their exclusive Advisor ...

Lordstown Motors shares see 14% surge as it closes on Foxconn deal

The EV maker signed an agreement with Foxconn to sell its Ohio factory for USD 230 million. Lordstown is looking to acquire funds to put its Endurance EV truck into production. Lordstown Motors Corporation has reportedly concluded a deal to...

Swedish Match shares surge on Philip Morris USD 16 billion buyout

Swedish Match shares hit a record high after Philip Morris International Inc. reportedly confirmed it was in talks to buy the Stockholm-based tobacco company. The move would allow the world’s biggest tobacco manufacturer to expand its reach in ...

Sony reports wary forecast as supply chain disruptions dip net profit

Despite Sony Group Corporation reporting excellent sales in the financial year 2021-2022 given the strong results in electronics, movies, and music, the Japanese conglomerate is cautious about the forecast as the supply chain disruption continues to ...