Toshiba’s sale of its memory business hinges on getting regulatory approval from Chinese authorities by May 31, 2018. Toshiba Corp stated, it expects a 33% rise in net income thanks to proceeds from its planned $18 billion sale of… Read More ›
Month: May 2018
New Low Hit By Argentine Peso; Close To 25 Per Dollar
In spite of the efforts of the Macri government in Argentina and the International Monetary Fund to support and boost the financial position of the country, there was a further fall in the value of the country’s currency – peso,… Read More ›
Europa, Jupiter’s Moon The Best Bet For Alien Life Growth Following Discovery Of Water Blast
A fresh analysis of data obtained from a Nasa probe investigating Jupiter’s moon Europa has revealed that the craft passed through a monumental trail of water vapour which apparently burst out of the icy surface of the moon with so… Read More ›
First Domestically Manufactured Aircraft Carrier Launched By China
China’s navy achieved a new milestone with the trials of its first domestically built aircraft carrier. There is one operational carrier, the Liaoning, with the Chinese Navy, the Liaoning, — which is officially known as the People’s Liberation Army Navy…. Read More ›
JPMorgan applies to set up majority-owned securities business in China
The U.S. bank is one of several foreign banks, including UBS Group AG and Nomura Holdings Inc who have applied to set up majority-owned securities businesses in China, following relaxation of rules. On Monday, JPMorgan Chase & Co stated it… Read More ›
South Korea drags U.S. to WTO for unfair import restrictions
South Korea drags U.S. to WTO for imposing steep tariffs on its exports of washing machines and solar panels. On Monday, South Korea dragged the United States to the World Trade Organization (WTO) saying the imposition of hefty tariffs by… Read More ›
Alphabet’s Waymo hires Tesla’s chief technical contact with U.S. safety investigators
The hiring is likely to boost safety issues in Waymo’s self-driving cars. Waymo, Alphabet Inc’s self-driving unit stated, it has hired Matthew Schwall. Schwall was Tesla’s main technical contact with U.S. safety investigators. Schwall now joins Waymo’s safety team led… Read More ›
Xerox ends deal with Fujifilm, settles row with Carl Icahn and Darwin Deason
Xerox found “material deviations” between the audited Fuji Xerox financial statements and unaudited statements that was provided to it earlier. In a significant development, Xerox Corp stated it was in the process of ending its planned $6.1 billion deal with… Read More ›
China Three Gorges Bids $10.8 Billion For Takeover Of Portuguese Power Firm EDP
Efforts to take over Portugal’s biggest company EDP were initiated by China’s state-owned utility China Three Gorges during the end of the week as the Chinese firm offered a premium price of just below 5 per cent of the closing… Read More ›
Germany will assist its companies to do business with Iran: German Economic Minister Peter Altmaier
European powers, including France, Germany and Britain are willing to maintain the landmark 2015 Iran nuclear accord while pushing for talks encompassing a wider format which includes Iran’s ballistic missile program and its activities in Yemen and Syria. On Friday,… Read More ›
manageria.biz 