Buoyed by rising optimism that OPEC will agree later this month to cut production to reduce a supply glut, oil prices rose around 2 percent on Tuesday and they bounced back from multi-month lows. After hitting a three-month low of… Read More ›
Day: November 15, 2016
Inflation to be Fueled by President-elect Trump’s Spending Plans and Gold Consequently to Get Boost
Gold could be helped in gaining price as there us expectations that inflation in the U.S. would rise due to President-elect Donald Trump’s plan to spend on big projects, said a fund manager on Tuesday. The prices of metals have already… Read More ›
British government lacks strategic planning for Brexit: leaked Memo
While the contents of the memo have been leaked showing a government at odds with itself vis-à-vis Brexit, it would be prudent to be on guard, since this could be part of an overall strategy to make EU negotiators feel… Read More ›
Siemens consolidates its industrial software capabilities by acquiring Mentor Graphics for $4.5 billion
Siemens expect the deal to lift its EPS within 3 years of this merger. Within 4 years of the closure of this acquisition, Siemens expects its EBIT to jump by $108 million. In a strategic move aimed at strengthening its… Read More ›
Chinese investment Group in advanced talks to buy IDG
Yet another Chinese group, whose investors have not been identified, is eyeing media assets. The deal could trigger national security concerns and is likely to face increased CFIUS scrutiny. A pioneering technology publishing company and owner of market research firm… Read More ›
Jaguar to launch its luxurious I-PACE SUV in 2018
It is expected to match if not exceed amenities provided by Tesla’s Model X. The Jaguar is after all a symbol of class. Southern California is certainly not new to tech offerings, but a battery-powered Jaguar SUV is certainly a… Read More ›
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