It seems Visa has become tired of waiting. After years of slow but steady decline of cash payments, and more years of lobbying to get governments to end the circulation of cash to no avail, Visa has decided to change… Read More ›
Day: October 9, 2017
Brazil seeks to impose exemplary fine of $12.7 billion on Andrade Gutierrez SA
The construction and engineering conglomerate is being probed by Brazilian authorities into alleged payoffs to politicians and government officials by the company to win government contracts, including for Petroleo Brasileiro SA. Brazilian daily, O Globo has reported citing calculations from… Read More ›
Boeing had financed Britain’s Monarch Airlines in 2016: Financial Times
The funds were channeled through Monarch’s offshore holding company, Petrol Jersey in several tranches. On Monday, as per a report by the Financial Times, Boeing Co had sunk in $130 million (100 million pounds) into Britain’s now collapsed Monarch Airlines…. Read More ›
Honeywell International considers spinning off its non-core assets as part of streamlining its business
As per sources, the Honeywell is mulling the creation of at least two new public limited companies as a result of the spin-off, one of which could include its aerospace business. GE is also in the process of spinning-off or… Read More ›
manageria.biz 