In the face of both facing trade challenges from US president Donald Trump, Japan and China touted their rare close ties as they signed $2.6 billion in business deals during the visit of Japanese Prime Minister Shinzo Abe to China…. Read More ›
Day: October 26, 2018
Call For A New “National Zero Emissions Vehicle Program” In US Given By GM
A call to the Trump administration to agree to a National Zero Emissions Vehicle (NZEV) Program has been given by US auto maker General Motors through après release. While it might appear to be an announcement that could appear surprising… Read More ›
YouTube’s Biggest Channel To Get Beaten By A Bollywood Music Label
YouTube has for years been dominated by Swedish video creator PewDiePie and has been among the top in the list of the channels on the platform that in terms of paid subscribers. With a current number of more than 67… Read More ›
2,500 Job Cuts Being Planned By UK Retailer Asda
The UK supermarket chain Asda is one the verge of cutting jobs because of the intense price competition in the UK retailing market. The company announced that it would begin a process of consultation with the staff and employees for… Read More ›
William Ackman’s Pershing Square Capital Management takes a stake in Hilton Worldwide Holdings, again
In 2018, William Ackman’s Pershing Square Capital Management has been one of the few activist investor hedge funds which has managed to deliver high returns. In a significant development, for the second time in two years billionaire investor William Ackman… Read More ›
Britain’s central bank directs all banks to build Brexit cushion by March 2019
The move has the twin objectives of cushioning Britain in case of a cliff-hanger Brexit as well as provide sufficient room for maneuvering to British lawmakers who are yet to hammer out a Brexit deal with the EU. In a… Read More ›