The Iran nuclear deal may face a lingering death even though, in a day-one spectacular, United States President Donald Trump decided against killing off the nuclear deal. On the need for a tougher line against Iran, Trump’s administration speaks with one voice… Read More ›
Day: June 29, 2017
New Market Outlook Makes Investors Scramble To Keep Up Pace
The second half of 2017 just got a lot more interesting for investors scrambling to keep pace with a hawkish shift in the world’s biggest central banks. Based on overnight index swap rates and with the Bank of England and… Read More ›
Warren Buffet’s Berkshire Hathaway set to be Bank of America’s biggest shareholder
With this development, Buffet has nearly tripled the return of investments he made 6 years ago. In a significant development, Warren Buffett’s Berkshire Hathaway Inc, is on the verge of becoming the largest shareholder of Bank of America Corp. On… Read More ›
Sycamore Partners acquires U.S. Office supplies chain Staples Inc for Rs $6.9 billion
The deal underscores Sycamore’s strategic discerning ability to pick up a healthy company from a basket of bankrupt-laden ones. On Wednesday, Sycamore Partners stated it would go ahead and acquire U.S. office supplies chain, Staples Inc for a cool $6.9… Read More ›