The leading economic think tank of the Western world – the Organisation for Economic Cooperation and Development (OECD), is of the opinion that wealth inequality could be reduced by various governments with the use of the tax system with specific… Read More ›
Day: April 12, 2018
Global Trade Growth Could Be Hampered By Increasing Trade Tensions: WTO
The World Trade Organization said on Thursday that expansion in global trade could be seriously hurt by the increasing tensions between the U.S. and China. It is expected that global trade in 2018 would be lower than what is was… Read More ›
With $6.32 trillion AUM, BlackRock’s 1st quarter report stuns analysts’ estimates
BlackRock, the world’s biggest asset manager, piled up cash thanks to increased volatility in global markets. On Thursday, New-York-based BlackRock Inc, the world’s biggest asset manager, reported a rise of its net income to $1.09 billion as its first quarter… Read More ›
Uk-based Playtech acquires 70.6% stake Snaitech for $1.05 billion
In a strategic shift the UK-based gambling company is aiming to relocate the sources of its revenues from regulated markets in the wake of increased headwinds from lawmakers in its home market. On Thursday, Playtech, a British gambling technology company… Read More ›
South Korea to complete due diligence on GM by early May
As per state-funded Korea Development Bank, General Motors is cooperating with its due diligence efforts and more documents more are streaming in. On Thursday, South Korea stated it expects to complete its due diligence on General Motors Co’s local subsidiary… Read More ›