Shailesh Mehta, a 71-year-old investor who holds just 10 shares in the indebted telecom company of Anil Ambani was the target to blame for some of its woes at a recent shareholder meeting as the telecom unit is battling insolvency proceedings. By… Read More ›
Competitive pressure on traditional banks in the small business lending arena are poised to be put by tech behemoths Google and Amazon, believes one of former President Barack Obama’s cabinet member. The tech giants would probably push to disrupt the market and… Read More ›
As per sources, uncertified technicians continued to certify final vehicle inspections as late as October 11. On Wednesday, as per two sources with direct knowledge of the matter at hand, despite reports of widespread misconduct at its factories in Japan,… Read More ›
On Tuesday, industry analysts have opined that with Airbus SE deciding to have a majority stale in Bombardier Inc’s CSeries jet program, the sale of its aircrafts in the booming Asian market could skyrocket. As part of the the Airbus-Bombardier… Read More ›
While OPEC’s price cuts are slowly driving up crude oil prices upwards, analysts from BofA Merrill Lynch have forecast higher crude oil prices for the remainder of 2017 and early 2018 citing rising geopolitical tensions between the U.S. and Iran…. Read More ›
With both companies expecting touch negotiations with antitrust regulators, they are both keeping their cards close to their chest and have yet to disclose their respective potential concessions. According to multiple sources familiar with the matter at hand, T-Mobile U.S…. Read More ›
The embattled Canadian train and plane maker is weighing its options to reduce its footprint from the aerospace market. It is eyeing a sale as well as potential partnerships. Bloomberg reported, Canadian airplane and train maker Bombardier Inc is exploring… Read More ›
Any form of reactionary based out of its domestic policy on the international theatre is likely to have significant impact on not only the U.S. economy but on regions surrounding Iran. On Saturday, Germany’s foreign minister warned that the U.S…. Read More ›
Although the U.S. aim could be portrayed as being noble and patriotic – that of reducing the U.S. trade deficit, – the demands of negotiators however risk risk derailing the highly integrated supply chains that U.S. manufactures depend on; it… Read More ›
The dispute stems from the union’s demand that GM designate the plant as the lead production site for its Chevrolet Equinox model in North America. General Motors Co has stated it has reached a tentative labor agreement with striking workers… Read More ›
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