The company has hired Lee Jin-woo, 47, former researcher at General Motors to oversee its research into the field of autonomous automated transportation technology. The Hyundai Motor Group has jumped in the fray of developing next generation vehicles. The company… Read More ›
In 2016 Abbott Laboratories shares have traded in the range of $37 to $45. As per the Barron’s report the shares make a good buy since Abbott’s Laboratories acquisition of St Jude have skewed its global profile to the U.S…. Read More ›
A colleague of Mario Draghi – Yves Mersch, has a suggestion if Draghi is willing to send a signal that the European Central Bank’s stimulus drive won’t last much longer. According to Mersch, who sits with President Draghi on the… Read More ›
As the energy sector’s profit rebound has lacked vigor, buoyant oil prices since Donald Trump’s election have provided no lasting halo effect for energy stocks. U.S. crude has held above $50 a barrel since mid-December and oil prices are up… Read More ›
A top U.S. official has said that if Donald Trump’s administration repeals global rules imposed in the wake of the financial crisis, some U.S. financial institutions could be locked out of the European market. International rules agreed during the 2007-09… Read More ›
Under oil-for-loan deals with China and Russia, Venezuela’s state-run oil company, PDVSA, has fallen months behind on shipments of crude and fuel. New insight into PDVSA’s operational failures and their crippling impact on the country’s unraveling socialist economy is provided… Read More ›
Due to perceived pressure from China’s central bank to clamp down on capital outflows, the nation’s three biggest bitcoin exchanges took steps to prevent withdrawals of the cryptocurrency form the country. The major bitcoin exchanges said in separate statements on… Read More ›
Saudi Arabia is overcompensating for some of its fellow oil producers even as OPEC members appear to be complying with agreed production cuts. 10 member states are required to reduce their collective output by 1.2 million barrels per day (bpd)… Read More ›
Snap already has a $2 billion contract for Google’s cloud services. The $1 billion it plans on spending on Amazon’s cloud services is in addition to its Google cloud service commitments. Eventually, Snap plans on investing in its own data… Read More ›
Yes, it is the same site BlackRock Inc. will also move to in 2022. The Wall Street Journal has reported citing people familiar with the matter at hand, Morgan Stanley is contemplating on moving to Manhattan’s West Side’s Hudson Yards. Morgan… Read More ›
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