As investors reacted with enthusiasm to confirmation that the Italian government would ride to the rescue of two flailing regional banks, Italy’s banking stocks led European equity markets higher at the start of the week. However, the liberal interpretation of… Read More ›
Day: June 27, 2017
As India Reforms Taxes, 1,000 New Listings Being Aimed For By Asia’s Oldest Stock Exchange
As a rollout of the Goods and Service Tax (GST) on July 1 encourages more Indian companies to list their shares, Asia’s oldest stock exchange BSE is aiming for one thousand new listings over the next four to five years, said the… Read More ›
Hedge funds take aim at Brexit-hit retailers
Political and economic uncertainties arising out of Brexit and May’s surprise snap elections are significantly contributing to falling sales for retailers in the UK. Britain’s inconclusive general elections along with its upcoming exit from the European Union has many hedge… Read More ›
Sprint explores strategic partnership with Charter and Comcast
The likelihood of an agreement is high since it would ease antitrust concerns over its merger with T-Mobile. As per two sources familiar with the matter at hand, Sprint Corp is exploring a partnership with Comcast Corp and Charter Communications… Read More ›
Apple testing smart cars on Lexus RX450h SUVs
With weakening sales of its flagship smartphone, self-driving car technology could potentially lift the company’s future. Apple is said to have leased a small fleet of cars from Hertz Global Holdings Inc, a rental company, to test advances in its… Read More ›
Amtrak names Richard Anderson, former Delta Air Lines CEO, as its next Chief Executive
While noting the challenges in the under-invested railways, Amtrak’s chairman Anthony Coscia was enthused to have Anderson at the top given his record at Delta Air Lines. On Monday, Amtrak named Richard Anderson, Delta Air Lines’ former chief to lead… Read More ›