Thailand expects almost 35 million foreign tourists — equivalent to half the country’s population, tourists to visit the country this year. And the government is shifting strategy as the influx gets harder to manage. Tourism Minister Kobkarn Wattanavrangkul said that… Read More ›
When one considers any form of big and swift moves, this year has been one of the quietest on record for the global markets. however, volatility could soon rear its ugly head if history is an indication. Noting its lowest… Read More ›
The fund aims to boost shareholder’s value in the company. A regulatory filing has revealed that activist investor Trian Fund Management LP is seeking a board seat for Nelson Peltz at Procter & Gamble Co. Trian Fund Management LP,… Read More ›
The fact that the Europe’s central bank is considering to investigate China’s & Qatar’s holdings is telling. As per a regulatory source within Europe’s top banking regulator, the bloc’s central bank is considering carrying out a review of Deutsche Bank’s… Read More ›
By imposing steep fines on its drivers Chinese-ruled Macau has ensured that the company’s services comes to an end in the region. In what has been described to be a blow to embattled ride services giant Uber Technologies Inc, the… Read More ›
Takata’s bankruptcy proceedings on novel ground given the number of parties involved and the quantum of the recall. With last week’s global recall of Takata Corp’s defective air bags being widened, the bigger worry, as per legal experts, is the… Read More ›
As per WSJ’s report, Houston-based EnerVest Ltd stands out because only 7 private-equity funds worth more than $1 billion have ever lost money for investors. As per a report filed by the Wall Street Journal, a number of lenders, including… Read More ›
Wells Fargo is restructuring itself to make it leaner and more efficient. The Financial Times has reported citing Wells Fargo’s CFO, John Shrewberry as saying, it will be spinning off a number of its products “worth hundreds of millions of… Read More ›
While Barnier and Davies thrash out the larger issues, working groups on either side will focus on issues, including, recovering Britain’s budgetary dues to the EU, citizen’s rights, and other tidbits. On Monday, when Britain’s Brexit Secretary David Davis meets… Read More ›
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