China is under increasing pressure to open up its market to foreign players. On Monday, Alphabet Inc’s Google has appointed Stanley Chen as the managing director of its Greater China sales and operations. According to a statement, Chen, was previously… Read More ›
Creativity
Goldman Sachs to merge its private investing arms and create a new division
The move underscores Goldman Sach’s new focus on getting better returns from its asset-management division. As per a report from the Wall Street Journal citing sources familiar with the matter at hand, Goldman Sachs Group Inc its private-investing arms and… Read More ›
Papa John’s International Inc replaces KPMG with EY as its auditors
This is not a routine change of financial auditors… In a development that will certainly raise eyebrows, according to a regulatory filing by Papa John’s International Inc, it has dismissed KPMG LLP as its financial auditor and has appointed Ernst… Read More ›
Bayer to invest $5.6 billion in new weed killer
It appears that Bayer intends on creating another line of weedkillers other than Monsanto’s RoundUp, which is causing it lots of grief stemming from thousands of U.S. lawsuits. RoundUp contains glyphosate, which according to plaintiffs, causes cancer. On Friday, in… Read More ›
WeWork considering purchasing a 70% stake in WeWork India
The potential cash-and-stock deal could close as early as August. According to a report from Bloomberg citing sources familiar with the matter at hand, shared office space manager WeWork Cos is eyeing a deal which sees it take a majority… Read More ›
T-Mobile-Sprint Corp merger deal set for pre-trial hearing on June 21
10 states, led by California and New York, have filed a lawsuit to stop the merger saying it would increase subscriber’s costs. The judge hearing a complaint from state attorneys general who are aiming to stop the $26 billion merger… Read More ›
Canada rejects suggestion of halting Meng Wanzhou’s extradition to the United States
Meng Wanzhou’s extradition to the United States has clearly touched a nerve for Beijing. Although Huawei keeps chanting the mantra that it is not tied to the Chinese government, Beijing’s violent reactions however are indicative otherwise. Canada’s Foreign Minister Chrystia… Read More ›
Mitsubishi Aircraft Corp rebrands MRJ family jets to “SpaceJet”
Analysts say, this exercise, of strategic value, will help improve the company’s sales in the U.S. In a significant development, Japan’s Mitsubishi Aircraft Corp rebranded its MRJ family jets, which will now be called “SpaceJet” and unveiled a redesigned version… Read More ›
PetSmart’s Chewy fetches record IPO with $1 million
Chewy is expanding its footprint into an industry which has historically held up well in economic downturns. Pet products retailer Chewy Inc stated, it had priced its initial public offering at $22 per share, above its target, and had sold… Read More ›
Canadian Grocery Store Uses Emotion Of Shame To Change Consumer Tendency Of Plastic
One Canadian grocery chain has taken recourse in encouraging customers to shun single use plastic usage and potentially alter their consumer behavior by trying to spur up their emotion of shame. Currently, consumers emotions have been attempted to be tingled… Read More ›