Companies and governments around the globe are moving to mitigate the menace of plastic waste. In a significant development, German food delivery company Delivery Hero announced it has invested in biodegradable packaging manufacturer Bio-Lutions. The move comes midst companies and… Read More ›
Creativity
Credit Suisse expands family office services for Greater China
With an increase in wealth in Greater China, there is a significant rise in the number of clients wanting family office services. Credit Suisse aims to tap this emerging market. In a move aimed at increasing its services among wealthy… Read More ›
Amazon in talks with UK food delivery app Deliveroo
Amazon intends to invest a substantial proportion of the $575 million funds that Deliveroo raised, into the gig economy. Amazon.com Inc intends to invest in UK food delivery app Deliveroo as part of a $575 million fundraising. The world’s biggest… Read More ›
Slowing Global Economy To Drive Growth Of Pre-Owned Business Jets: New Report
The anticipated softening of the global economy in the next few years would present an opportunity of significant growth for trade in pre-owned business jets which would surpass the deals in new plane deals by four-to-one. This prediction was made… Read More ›
Trump’s Move Against Huawei To Be Retaliated, Warns China
China would undertake the required measure to protect the interests of its companies and businesses, said the country in retaliation to the decision of the United States to ban American telecom from using equipment and technology from the Chinese telecom… Read More ›
Nestle SA in exclusive talks with consortium led EQT Partners and ADIA for selling its skin health business
Although there is no certainty that the deal will go through, but if and as and when it does, Nestle will provide an update on how it will use the proceeds as well as provide a layout of its future… Read More ›
Berkshire Hathaway Inc discloses $861 million stake in Amazon.com
Berkshire Hathaway Inc position in Amazon.com was made in a regulatory filing. Many investors monitor Berkshire’s quarterly filings for signs of which companies Buffett, Weschler and Combs see value. In a regulatory filing, Warren Buffett’s Berkshire Hathaway Inc disclosed that… Read More ›
China sold U.S. Treasuries worth $20.45 billion in March 2019
Although, this could be part of a retaliatory move, it is to be noted that central banks of export-oriented countries often sell their U.S. Treasury holdings in order to hedge their currencies from a sharp appreciation of the greenback. According… Read More ›
World’s First Living Organism With Fully Redesigned DNA Created By Cambridge Scientists
A living organism that possesses a fully synthetic and significantly altered DNA code has bene developed for the first time in the world by scientists. While being similar to its natural cousins, this living organism is a microbe which is… Read More ›
Safety Concerns Over Boeing’s 737 Max Were Raised By Pilots Before Ethiopia Crash
According to reports in the US media, in a meeting last November, Boeing was confronted about potential safety issues in its 737 Max planes by pilots from American Airlines. According to a report published by CBS and the New York… Read More ›