The move will help it improve its liquidity position with customers. Officials from the U.S. Securities and Exchange Commission have stated in a notice that portfolio managers of BlackRock Inc. will be allowed to borrow money from one another in… Read More ›
This marks the biggest acquisition in the oil and gas sector since 2014. In a deal that is set to create the largest North American energy infrastructure company, Canada’s Enbridge Inc. has disclosed its intention of acquiring Houston based Spectra… Read More ›
With this acquisition Ackman has again waded into the fast-food sector. While he will shake up the board on a variety of issues including director’s tenure, Pershing Square itself will be under immense pressure to perform given its lackluster performance… Read More ›
Since the private players provide sophisticated anti-counterfeiting technologies like watermarks and security strips, most countries around the world have outsourced banknote printing to private companies. French worldwide company Oberthur Fiduciaire, which stands in the first row of global security printers,… Read More ›
Helped by the rise of virtual reality (VR) headsets and affordable 360 degree cameras, selfie lovers can forget it and adopt the “surroundie” which can soon become the newest trend in picture taking. A selfie taken with a 360 degree… Read More ›
A Microsoft Corp lawsuit that intends to secure the right of companies and to strike down a law that prevents companies from telling customers the government is seeking their data found a number of supports ranging from technology, media, pharmaceutical… Read More ›
The pact needs to be operationalized into an oil freeze deal which could then see reduction in crude oil production from two of the world’s top producers. In a development that could potentially have far reaching consequences, Russia and Saudi… Read More ›
Can the EU risk giving Britain a unique deal of restricted immigration and unrestricted access to its single market? The exception could become the rule. According to Britain’s minister who is charged with negotiating Brexit, the country is pushing for… Read More ›
Since it is especially hard to gauge the impact of this exercise, extending it beyond its stipulated March date may leave it in a vulnerable position, especially since it is running out of options to buy quality debt bonds. The… Read More ›
Although the manufacturing and the service sectors have been shaken as an outcome of the referendum, the fall of the sterling has boosted the value of Britain’s exports as well as boosting the cost of its imports. The coming cut… Read More ›
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