When times are tough, it’s good to know who your friends are. During the boycott of the Gulf country by a Saudi-led bloc that started in early June, which foreign partners have maintained business with them and which ones have… Read More ›
Day: August 28, 2017
Warning On Emerging Markets Given By Wall Street Vets From Dalio To Gundlach
In warning that risky assets are overvalued, more investors are joining the cast of Wall Street veterans from Jeff Gundlach to Ray Dalio. The valuations that no longer compensate for potential flareups in North Korea and Venezuela, the racially-charged violence in… Read More ›
CBS acquires Australian broadcaster Ten Network Holdings Ltd
Since the deal involves Ten Network piling on more debt, it will be subject to scrutiny by its existing creditors and by Australia’s Foreign Investment Review Board. On Monday, in a significant development, the owner of the most watched… Read More ›
Hurricane Harvey thrash U.S. Gulf Coast refineries, brings crude production comes to a grinding halt
In the long run analysts expect Harvey to have long term impact on U.S. crude’s value chain. With Hurricane Harvey leaving a trail of destruction, knocking out refineries and crude production facilities, along the U.S. Gulf Coast, oil markets around… Read More ›
Uber chooses Dara Khosrowshahi as its CEO
A surprise nominee, Khosrowshahi has a brilliant track record at Expedia Inc. As per two sources familiar with the knowledge of the matter, Uber Technologies Inc has selected Dara Khosrowshahi, the CEO of Expedia Inc, a travel company,… Read More ›
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