Faced with increased competition from fast-fashion retailers as well as online rivals, PacSun has opted for bankruptcy protection. Pacific Sunwear of California Inc. (PacSun), a teen apparel, has succumbed to increased losses amongst fierce competition in the industry and will… Read More ›
Egypt has struggled with discontent and poverty following the crackdown on the Muslim Brotherhood. Reuters has reported citing two Egyptian government sources that Saudi Arabia is all set to sign a $20 billion deal with Egypt so as to develop… Read More ›
Working for a big firm within the corporate finance world can sometimes be intimidating. But at Duff & Phelps, the premier global valuation and corporate finance advisor, the culture, ambiance and results they offer can be truly enjoyable for all… Read More ›
While may be just a handful was aware of the Panamanian law firm Mossack Fonseca before the weekend fewer perhaps considered Panama a key global financial center. However the world’s financial and political leaders have been rocked by disclosures of… Read More ›
The stockpiles of copper in China are near record highs and analysts are of the opinion that the country may be about to shock the global copper market by unleashing its stockpiles onto the global market. In the next few… Read More ›
Facing increasing competition from online home sharing companies, the chain is making strategic moves to ramp up its marketshare. In a strategic move, Europe’s largest hotel group, AccorHotels, has announced that it has acquired onefinestay, a top of the line… Read More ›
The World No. 1 & No. 2 smartphone manufacturers are battling it out to dominate the world’s fastest growing smartphone market. Loaded with special features, including a safety mode for motorcyclists, Samsung Electronics Co Ltd is shoring up its market… Read More ›
While sales of Ford-branded vehicles rose 5% in March 2016, compared to the same month last year, its Q1 sales in China increased 14% compared to the same period last year, the Ford Motor Company has reported. Q1 vehicle sales… Read More ›
The President of Iceland, Sigmundur David Gunnlaugsson, has resigned following the startling disclosures in the Panama Papers. In what has been ascribed as the first casualty of the ‘Panama Papers’, Sigmundur David Gunnlaugsson, Iceland’s Prime Minister, has resigned on Tuesday…. Read More ›
North Carolina has enacted this law to safe guard children against acts, including molestations. With North Carolina passing a controversial law which targets lesbians, gays, bisexuals and transgenders, PayPal Holdings Inc. which had plans on investing $3.6 million in the… Read More ›
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