Johannes Dietsch played a pivotal role in Bayer, as its CFO, in arranging the funding for the $63 billion takeover of Monsanto. On Friday, Germany’s Thyssenkrupp stated, it would propose to name former Bayer finance chief Johannes Dietsch as its… Read More ›
Month: December 2018
Time to bet big on India: Blackstone’s Stephen Schwarzman
Macro and micro economic conditions makes investment opportunities in India a lucrative option. In an interview published by the Economic Times on Friday, Blackstone’s chairman Stephen Schwarzman stated, given India’s current scenario, this is the best time to invest in… Read More ›
Solar panels prices across market-segments at their historical low
Despite the weakness in the utility-scale solar market in the U.S due to Trump’s 30% tariffs on imported panels, the large volumes of projects that are being set up, along with China’s decision to heavily subsidies solar panels has led… Read More ›
Lack of clarity in Brexit has significant consequences for airlines industry
The leadership challenge faced by British Prime Minister Theresa May will have serious consequences for Brexit, including its extension or cancellation. Alexandre de Juniac, the head of the International Air Transport Association (IATA) has stated, the leadership challenge to British… Read More ›
Inditex reports $2.7 billion in net profits, records 4% growth in third quarter
Inditex is the world’s biggest clothing retailer. Its strategic decision to not provide discounts from September, unlike its peers, have contributed to its continued growth. Inditex, the world’s biggest clothing retailer, has reported a net profit of $2.7 billion (2.4… Read More ›
Clouds On Global Economy Gathering To Push It To The Next Financial Crisis: IMF
According to a warning by the deputy head of the International Monetary Fund, even while the world financial system being unprepared for another economic meltdown, there are dark clods gathering over the global economy that could lead to the setting… Read More ›
China Could Cut Tariffs On U.S. Made Cars
According to reports, trade-war tariffs on imported U.S.-made cars is anticipated to be reduced by China – a measure that had already been claimed to have been achieved by United States president Donald Trump as a part of the agreement… Read More ›
UK Economy Slows Down As Flattening Of Manufacturing Growth
The Office for National Statistics (ONS) of the United Kingdom has said that growth in the manufacturing sector has come to a standstill resulting in a slowdown in the growth of the country’s economy. The economy clocked a growth rate… Read More ›
Govts. Should Take Major Steps on Climate Change, Says Investor Group With $32 Trillion Assets
Call to governments all across the world to spruce their efforts to manage climate change was issued by a group of investors who together manage assets worth $32 trillion. There remains a wide gap between the measures to tackle climate… Read More ›
Hong Kong Set To Become Largest IPO Launcher This Year
According to the latest available data, in terms of the most money raised in stock market flotations, Hong Kong is on course to be the first in the world this year beating arch rival New York. However, the data also… Read More ›