The sale of Toshiba’s chip business is strategic & pivotal to its survival as a company. This court injunction request, was expected, and adds to the complexity surrounding the troubled company. As per a source familiar with the situation at… Read More ›
European Union and Asian regulatory sources said that a system of international regulatory cooperation will be thrown into confusion by U.S. plans to delay globally-agreed reforms to make banks safer after the financial crisis. But sources said that as it… Read More ›
Large investors are doubling down on their investments even as stocks like Apple Inc. and Facebook Inc stumble even though their high exposure to large-cap technology stocks boosted their returns during the first quarter of the year. During a two-day… Read More ›
The scandal-ridden company is on the verge of turning a new leaf. It would be interesting to see how this change of management will impact its case with Waymo. On Tuesday, Travis Kalanick, Uber Technologies Inc’s CEO told employees he… Read More ›
Reduced vigil and lowering of standards of credit card businesses by banks, have contributed to mounting losses. On Tuesday, at an industry conference, the head of JPMorgan Chase & Co’s consumer business disclosed that losses in the bank’s credit card… Read More ›
The move is in anticipation of heightened defence related orders from the U.S. and its allies. In efforts aimed at making its businesses more responsive to customers, on Tuesday, Boeing Co stated it would be restructuring its defense, space and… Read More ›
In a major victory for Beijing, which continues to lure away the dwindling number of countries that have formal relations with the self-ruled island, Panama has established diplomatic ties with China and while breaking ties with Taiwan. Panama was establishing… Read More ›
Societe Generale suggested that despite announcing at its most recent policy meeting that the region’s growth prospects now look “broadly balanced”, the European Central Bank could be expected to continue its bond-buying program known as quantitative easing (QE) into 2019. SocGen said in… Read More ›
GE had already received the EU’s nod for this deal, it has now won the U.S. Justice Department’s approval as well. On Monday, the U.S. Justice Department disclosed that it has given the go ahead to General Electric Co acquisition… Read More ›
LG Chem has denied media reports of having signed such a deal and has declined to comment on such rumours. South Korean battery maker LG Chem Ltd has denied media reports of having signed a $6.20 billion (7 trillion won)… Read More ›
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