Taking a stand on political advertisements which was midway between Facebook and Twitter, Alphabet Inc’s Google said in a blog post on Wednesday that the ability of political advertisers to target ads for elections with the help of data such… Read More ›
Creativity
Carousell close to becoming a unicorn
Singapore’s online classifieds company Carousell merges with Norway’s Telenor in a deal valued at more than $850 million. On Thursday, in a statement, Singapore’s Carousell, an online classifieds company stated, it has agreed to a proposal to merge with a… Read More ›
China not stepping up in trade negotiations: Trump
In a warning shot, U.S. President Donald Trump sent a clear message to China when he said, a U.S.-China trade deal is still elusive because Beijing still thinks it can get away with stealing U.S. intellectual property and is not… Read More ›
Aston Martin launches its first SUV
On Wednesday, in a statement Aston Martin said, is it launching its first sport utility vehicle, as it hopes for a turnaround. Share prices of the sports carmaker have plunged this year following sales unable to meet analysts’ expectations after… Read More ›
U.S. Federal Reserve approves BB&T Corp and SunTrust Banks Inc merger subject to conditions
In a statement, the U.S. Federal Reserve stated, it has approved the merger between BB&T Corp and SunTrust Banks Inc. The deal is the biggest in the banking industry since the 2007-2009 global financial crisis. According to analysts, such a… Read More ›
Commonwealth Bank of Australia pleads guilty to making unsolicited calls for selling financial products
On Tuesday, as per a statement from Australia’s corporate regulator, the life insurance arm of Commonwealth Bank of Australia has pleaded guilty to 87 counts of breaching a law banning sales staff from making unsolicited calls to sell financial products…. Read More ›
Healthcare’s a central issue in the December 12 elections: Boris Johnson
On Monday, British Prime Minister Boris Johnson disclosed he has placed further cuts on corporation taxes on hold and he will be pumping in more money into services such as healthcare and made it a central issue in the December… Read More ›
Russian military exports unaffected by U.S. sanctions: Rostec CEO
On Monday, the head of Russia’s state conglomerate Rostec said, Russian military export sales have not been affected by U.S. sanctions. Following Russia’s annexation of Crimea from Ukraine along with other factors, the United States had imposed sanctions on Russia…. Read More ›
Saudi Aramco IPO set to be world’s biggest at $1.7 trillion
With Saudi oil giant Saudi Aramco putting its IPO valued at $1.7 trillion, below the $2 trillion mark sought by Saudi’s crown prince Mohammad bin Salman, it is set to become the world’s biggest Initial Public Offering. Aramco will not… Read More ›
China cuts seven-day reverse repurchase rate to 2.50% from 2.55% for first time since 2015
On Monday, in a move that further eases liquidity in China’s slowing economy, People’s Bank of China (PBOC) stated on its website that it was lowering the seven-day reverse repurchase rate to 2.50% from 2.55%. This is the first easing… Read More ›