Harrison Tang, the CEO and co-founder of Spokeo never backs down from a challenge and despite this success didn’t come easy for him. He didn’t speak any English and desperately wanted to go back to his home country when Tang first… Read More ›
Month: July 2016
Middle East Mega Bonds Eyed by Chinese Banks With Global Dreams
Making use of the old Silk Road marketing new goods – debut bonds from Saudi Arabia to Kazakhstan, is the road that Bank of China Ltd. is heading down. Three mandates to co-manage emerging-market Eurobonds, including the Saudi government’s international… Read More ›
As Modi Moves to Spend $150 Billion, India Lifts Veil on Army
Climbing into tanks and talking to combat soldiers is an eye-opener for those private-sector executives in India who normally get only snippets of information to design components of complex military hardware. Unprecedented access to India’s secretive military was given to… Read More ›
Plants in UK to be Closed by Ford to Combat $1 Billion Brexit Blow
Ford has forecast a $1 billion hit to its business over the next two years and is considering closing plants in the UK and across Europe in response to Britain’s vote to leave the EU. Before the end of the year,… Read More ›
Oracle set to acquire NetSuite for $9.3 billion
Although the deal makes strategic sense for Oracle, however, since Ellison has a 40% stake in NetSuite, in case of an overpayment, the deal could face strong headwinds. In a deal that is likely to provide Oracle, a bigger pie… Read More ›
Eurozone’s economic data in stark contrast to Britain’s
Consumer and business sentiments across economies are looking up in the Eurozone. However, Britain’s brush with recession is likely to have an impact on the bloc. According to freshly available data, although Brexit’s shockwaves have had widespread economic impact on… Read More ›
Alphabet’s revenues rise beats analyst’s expectations
Revenues from advertising from mobile devices have been the company’s growth engines – a strategic shift from the past. Alphabet Inc.’s efforts to leverage its sizeable advertising business in mobile computing has paid off with its second quarter earnings giving… Read More ›
Corporate Profits Roiled Around the Globe due to Venezuela Crisis
To insulate themselves from a worsening economic crisis in Venezuela that has erased more than $10 billion in profits over the past 18 months, U.S. companies operating in the South American country have escalated the use of an accounting maneuver…. Read More ›
‘Gradual Shift Towards Helicopter Money’ seen by Citi Group
As countries struggle to boost growth and inflation in uncertain geopolitical climes, Citi group has forecast a “gradual shift towards helicopter money” by advanced economies. It is widely expected that the Bank of Japan would launch another major stimulus program… Read More ›
Samsung expects strong second quarter results
Samsung’s second quarter earnings are set to rise on the back of strong demand for electronic components and the launch of new smartphones. South Korean electronics giant, Samsung Electronics Co Ltd has disclosed that it expects its results for the… Read More ›
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