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 ›
Month: October 2018
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 ›
Allegation Of Climate Change ‘Fraud’ Brought Against Exxon In The US
ExxonMobil has been accused of misleading investors about the risks that are associated with its business and climate change. This emerged after a legal action was taken by the state of New York against the oil major. It has been… Read More ›
50 Stores Of Debenhams To Be Closed Down, Job Loss Likely At 5000
More than 50 stores of the famous but UK based department store Debenhams are to be shut down across the UK which is likely to also result in a total of 5000 job losses. This number of stores is almost… Read More ›
US-China Trade War Pushing Close US Allies In Asia To Force Ties With India
There is a growing tendency among the most developed countries of Asia to decrease their dependency on China and look to India as an alternative in the wake of the trade war between the United States and China. The trade… Read More ›
New York sues Exxon Mobil Corp for misleading investors on the risks posed by climate change
Cities across the U.S. as well as countries are suing oil companies for misleading investors for years on the risks posed by climate change on their businesses. The state of New York has sued Exxon Mobil Corp alleging that it… Read More ›
Sikorsky Aircraft Corp wins $717 million contract from the Pentagon
Sikorsky Aircraft Corp, a unit of Lockheed Martin Corp, will have to provide repair support and logistics for CH-53 and MH-53 helicopters. The Pentagon has awarded Sikorsky Aircraft Corp, a unit of Lockheed Martin Corp, a $717 million defense contract… Read More ›
Honeywell International Inc wins $1.04 billion contract from Pentagon
The contract is for providing support and components for a range of auxiliary power units for 7 kinds of aircraft. As per a statement by the Pentagon, Honeywell International Inc has won a $1.04 billion contract for support of auxiliary… Read More ›
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