After falling prices, a generation gap is now plaguing the oil industry. The demographic hangover of the last great industry downturn in the 1980s, when scores of drillers went out of business is causing a concern for U.S. explorers who are… Read More ›
Day: July 8, 2016
$4 Indian Smartphone to Hit Market Soon, Analysts say too Good to be True
In theory, at least, the world’s cheapest smartphone will meet the world’s fastest-growing smartphone market in the next few weeks. Shipping of its Freedom 251 handsets by Ringing Bells Pvt, a little-known Indian company, is set to begin. At the… Read More ›
JPMorgan Chase & Co likely to move thousands of job across the channel once Article 50 is invoked
As stated earlier by Pro Brexit campaigner Boris Johnson, the British government should fully disclose to its citizens the impact that Brexit will have on their nation in simple economic terms. Britain’s historic decision to leave the European Union could… Read More ›
China’s HNA Group in the lead for the purchase of CIT Group’s plane leasing business
The HNA Group’s interest in this business is due to growing Chinese appetite for air travel. According to sources familiar with the situation, a firm backed by Li Ka-shing, a tycoon from Hong Kong along with China’s HNA Group is… Read More ›
Citigroup consolidating its banking consumer business
This move is designed to cluster its EMEA consumer operations in Asia. According to an internal memo, Citigroup is in the process of merging its consumer banking unit in Europe, Middle East and Africa (EMEA), its largest region for profits,… Read More ›