Although it is unclear whether Amazon will be able to reach its targeted ads target at its intended price, or whether this effort will generate it any profit, one has to keep in mind that the e-commerce giant has traditionally… Read More ›
Month: June 2017
Largest IPO On Gas Field Sale To Be Issued At Tel Aviv Exchange
With the sale of part of the Tamar natural gas field by Delek Drilling, the Tel Aviv Stock Exchange, TASE, is about to see its largest IPO ever. An offering of about $1.2 billion in stocks and bonds to finance… Read More ›
As 2017 Unfolds A Bit Differently, Citi Private Bank Turns Bullish On Emerging Markets
A disruptive United States and growing political risks in Europe were among the most important of fears that the global markets started 2017 fearing. But Citi Private Bank said in its mid-year review that neither of those has turned out to be… Read More ›
Fake online stores exploit loopholes in banking system to process illegal banking transactions
This shadow banking system is used to launder billions of dollars. Here is how it functions. An examination by Reuters has opened a can of worms: a network of dummy online stores selling household goods have been used as a… Read More ›
Intel signs Olympic sponsorship deal through 2024
These are the technologies Intel will bring to the table: aerial filming by drones, 5G wireless technology, VR, and access to artificial intelligence platforms. On Wednesday, Intel Corp disclosed it would become a major sponsor of the International Olympic Committee… Read More ›
Sycamore Partners in advanced talks to acquire Staples in a deal potentially worth $6 billion
If the deal were to go through, Staples would most likely change its business model – from directly serving customers it would now cater to companies. According to sources familiar with the matter at hand, Sycamore Partners, a private equity… Read More ›
MSCI Exec Says Inflow Into Chinese Stocks Could Be To The Tune Of About $17 Billion Or More
Once some of those stocks are added to the key MSCI Emerging Markets Index, an MSCI executive said that about $17 billion to $18 billion should initially flow into mainland China’s stock market. Tracked by an estimated $1.6 trillion, a… Read More ›
Family Policies That Could Piggyback Onto Tax Reform Effort Being Drawn By Ivanka Trump
In order to discuss family and child care policy as she seeks to build momentum around one of her signature issues, first daughter Ivanka Trump huddled with Republican lawmakers on Capitol Hill Tuesday morning. Sen. Marco Rubio of Florida, who has proposed… Read More ›
Toshiba selects Bain-led consortium for its chip manufacturing plant
While the chip manufacturing industry is considered by Japan to be of national interest, and Toshiba made active efforts to put the snooping Chinese at bay, sources reveal that SK Hynix, considered close to China, will partly finance the purchase…. Read More ›
Weakening pound boost British exports
Here is a brief summary of the central bank’s assessment of the British economy. On Wednesday, the Bank of England reported that although British consumers are coming under increasing pressure from rising inflation, the weakening sterling was boosting export volumes… Read More ›
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