Boosting routes between the world’s two largest travel markets and possibly involving the U.S. carrier taking a stake in the state-owned airline, China Southern Airlines is in talks over a tie-up with American Airlines. Aafter Delta Air Lines Inc bought… Read More ›
Day: March 27, 2017
A 1996 Reboot Nike’s Biggest Sneaker Launch Ever
Thanks to a cartoon bunny and Michael Jordan, Nike has just had its biggest sneaker release for itself. Featuring the basketball legend alongside Looney Tunes characters seen celebrating the 20th anniversary of the 1996 comedy, the shoemaker’s Jordan brand began selling the Space Jam… Read More ›
This Year There Is Expected To Be Dramatic Improvements In These Economies
Set for growth spurts are the countries of Argentina, Brazil, Russia and Nigeria Led by recoveries in several of Latin America’s largest economies, a pickup in the U.S., and continued robustness from China and India, everyone can expect more good news than… Read More ›
Amid Diplomatic Stand-Off, Hyundai Suspends China Plant For A Week
Concerns that a diplomatic standoff may be hurting sales in the top market of South Korea’s Hyundai Motor, the automaker announced on Monday that it had suspended production at one of its Chinese factories for a week. Because of Beijing’s… Read More ›
ECB’s will provide sufficient time for banks moving out of Britain
Banks based out of Britain who want to retain their passporting rights and still able to tap EU’s single market will be given enough time, possibly in years. Sabine Lautenschlaeger, an executive board member of the European Central Bank has… Read More ›
Qatar Investment Authority opens office in NY
The sovereign wealth fund is in the process of diversifying its portfolio into the US and Asia. As per the CEO of one of the Gulf’s most acquisitive sovereign wealth fund, the Qatar Investment Authority, the company is setting down… Read More ›
Viacom’s shares have the potential to rise by 40% by next year: Barron’s
Currently the Viacom’s shares are trading at $43 per share, down by 39% over the last two years. Barron’s has predicted that Viacom’s shares could appreciate by as much as 40% by next year with its new CEO, Bob Bakish,… Read More ›
Uber discontinues the usage of self-driving cars in its fleet after accident
Uber is withdrawing from the driverless car project, pending the results of an investigation into the accident. Uber is playing it safe. With one of Uber’s autonomous vehicle crashing on a roadway in Arizona, the ride-hailing company has suspended its… Read More ›
British manufacturers to brunt of a hard Brexit
The British manufacturing industry along with its financial and banking sector is likely to bear the brunt of a hard Brexit strategy. Today, British manufacturers have told Prime Minister Theresa May, it would be prudent to drop the threat of… Read More ›