The developer of selfie apps, China’s Meitu Inc., is discussing a share sale that would value the company at about $5 billion and is said to be in talks with investors ahead of its planned initial public offering in Hong… Read More ›
Day: November 23, 2016
New Cash Streams for a Start-Up Fueled by India’s ‘Black Money’ Cleanup
India’s ban on 500 and 1,000 rupee notes has opened up a new revenue stream for one Delhi-based start-up even though it might have sent the country into chaos. People are queuing up in banks for hours to exchange their… Read More ›
VW to focus on the lucrative SUV segment in the U.S.
In a tactical move aimed at garnering more market share, VW has decided to not just be a niche player but a “family-oriented SUV company.” On Tuesday, in a strategic decision, Volkswagen disclosed that diesel vehicles will not form part… Read More ›
Airbus granted 2nd license for sale of 100 civilian aircrafts to Iran
While Republican President-elect Donald Trump equation with Iran is well known, the move to disallow and cancel such sale would draw heat from U.S. partners who were party to the nuclear agreement. Furthermore, if the move to cancel the agreement… Read More ›
Toyota recalls 838,000 Sienna minivans
They have an issue with their sliding doors. Toyota Motor Corp has disclosed that it would be recalling 838,000 Sienna minivans in order to fix an issue with its sliding doors. As per Toyota’s spokesman, the recall will effect 744,000… Read More ›
District Judge Amos Mazzant blocks Obama’s rule on overtime payments
In this significant ruling which will affect the lives of almost every salaried class in most sectors of the U.S. economy, the Obama appointed judge has ruled that overtime payments to workers cannot be created based on salary levels alone…. Read More ›
manageria.biz 