Chinese airlines are delivering a hammer blow to foreign carriers trying to keep up by flooding the world with some of the lowest long-haul fares ever seen. Many operators are feeling the squeeze from the extended reach of mainland Chinese… Read More ›
Federal cuts in the expansive U.S. defence industry is likely to affect many U.S. factory jobs. The U.S. Defence industry has come, yet again, under intense attack with U.S. President-elect Donald Trump coming down hard on Lockheed Martin Corp for… Read More ›
The deal is expected to close by the first week of 2017. Japanese brewer Asahi Group Holdings is set to acquire beer brands from Anheuser-Busch InBev in a $7.8 billion deal. The deal will boost its presence in the region…. Read More ›
With National Amusement abandoning the merger of Viacom with CBS, increased partnering between both seems to be the next logical step. Its $12 billion debt profile could discourage it to aggressively pursue companies. In an industry where scale matters, National… Read More ›
In an increasingly digital world, with the countries around the world opting for a cashless economy, these cyberattacks go to highlight the vulnerabilities of the global financial network and the urgent need to harden and strengthen them. While going cashless… Read More ›
If both companies were to merge, the number of boardrooms she is sitting on will also diminish. Shari Redstone, the daughter of media mogul, Sumner Redstone has withdrawn her support for the merger of Viacom and CBS Corp. She wants… Read More ›
Following Brexit and the devaluation of the British pound, British companies have become more interesting for companies looking to expand. U.S. based Twenty-First-Century Fox is in exploratory acquisition talks with British broadcaster Sky in could be a blockbuster deal. As… Read More ›
Since it has failed to become a meaningful part of its business, U.S.-based Circle Internet Financial Ltd will no longer allow customers to buy and sell bitcoin. The company is a social payments app backed by Goldman Sachs, it said… Read More ›
If one intends to get hired as a trader, one should be careful, not about what one says, but how one says it. Voice analysis technology aimed at identifying behavior associated with a successful career as a trader is being… Read More ›
With a consistent doubling of annual sales, gross margins exceeding 50 percent, low customer acquisition costs and strong repeat traffic, the Indian e-commerce startup That’s Personal touts financial metrics that venture capitalists typically salivate over. And despite this, it is… Read More ›
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