Its new business model involves the company in decision making capacptity throughout the oilfield management supply chain, thus sparking interest in its rivals who are wondering whether to follow suit. In a significant development, Schlumberger NV, the world’s largest oilfield… Read More ›
Month: September 2017
A strong Euro could complicate matters for the European Central Bank
Despite the ECB’s concerns, the Eurozone’s economic performance has been stellar this year – its best since the end of the financial crisis. In the wake of the European Central Bank’s policy meeting providing short term optimism to the euro,… Read More ›
The largest pension fund in the U.S. is looking to outsource its private equity business to BlackRock
The move could potentially minimize the high fees that CalPERS pays to its asset manager for managing its private equity and boost the return of its investments. According to a source familiar with the matter at hand, Incidentally, California Public… Read More ›
Eicher Motors place $1.8 to $2 billion binding bid for Ducati
Companies in the race to acquire Ducati include Indian automaker Bajaj Auto Ltd and Harley Davidson. With Germany’s Volkswagen Group putting up its motorcycle brand Ducati up on the block, U.S. motorcycle maker Harley Davidson and Indian automaker Bajaj Auto… Read More ›
Makan Delrahim in the lead to head the Antitrust division of the Justice Department
Democratic Senator Elizabeth Warren met up with U.S. President Donald Trump in the run up to the race as to how is going to head this important division. According to a source familiar with the discussions at hand, Senator Elizabeth… Read More ›
Chinese logistics company launches U.S. IPO to consolidate and expand its operations in China
Existing shareholders, including Goldman Sachs Group, will be offloading their stake in the IPO. Backed by Alibaba Group, a Chinese logistics company called Best Inc, has launched its IPO in the U.S. in the hope of moping up up to… Read More ›
Pivotal Research Group finds Facebook inflating viewership data for its ads
This is the second time that Facebook has been found manipulating its metrics to boost its revenues. As per an analyst at Pivotal Research Group, Facebook Inc is inflating the number of people who can see advertisements on its platform…. Read More ›
Candymaker Mars set to curb greenhouse gas emission across its supply chain
Many companies in the U.S. are moving ahead with plans to cut greenhouse gas emission and meet their individual climate change targets. As a means to achieve its green house gas emissions target and other sustainability issues, candy manufacturer Mars… Read More ›
U.S. Transport Secretary to unveil guidelines for self-driving vehicles on Sept. 12
Automakers and tech companies have asked for revised guidelines for next gen vehicle technology as well as for lowering of legal barriers to enable these cars to hit the road. According to sources briefed on the matter at hand, U.S…. Read More ›
Leave Politeness At The Door Is You Want To Be An Entrepreneur
Maybe Travis Kalanick and Steve Jobs were onto something. According to a review by researchers at Aston Business School in the U.K. and Kansas State University in the U.S., even after controlling for gender, education level, and gross domestic product… Read More ›