The development is significant in two ways: Cunningham’s appointment as NYSE’s first CEO and Thomas Farley’s departure from NYSE to head Far Point, a SPAC, that has the backing of Third Point LLC. In a first of its kind, the… Read More ›
Creativity
The U.S. and China nearing deal to lift U.S. ban on ZTE Corp
The potential deal underscores the strategic importance tech know-how and market influence are to Beijing while Washington focuses on trade and slashing its trade deficit with China. As per two sources briefed on the talks between the United States… Read More ›
Boeing facing unionization at its South Carolina plant
The Boeing facility, employing 178 technicians, makes 787 Dreamliner jets. The Wall Street Journal has reported, Boeing’s workers at its South Carolina plant are set to vote on union representation later this month. The National Labor Relations Board (NLRB) has… Read More ›
$10.8 billion for Santos Ltd is ‘best and final’ offer: Harbour Energy
Habour Energy made it lucidly clear that it will no longer raise its bidding price prior to entering a Scheme Implementation Deed. On Monday, US private equity giant Harbour Energy stated its takeover proposal of $10.8 billion for Australia’s Santos… Read More ›
UAE to allow 100% foreign ownership of UAE incorporated firms by end of 2018
The move is part of a bigger, wider gameplan aimed at diversifying the country’s economy. According to a news bulletin by the United Arab Emirates’ news agency WAM, its cabinet has approved steps that would allow foreign investors to have… Read More ›
Cost to recruit global talent could rise by nearly 300% in UK
Falling back to the Tier 2 visa system, in the event of Britain failing to secure a bilateral agreement with the EU on the movement of people, is likely to be a costly affair given that Tier 2 visa applicants… Read More ›
Berenberg slashes Telecom Italia’s price target
The price cut comes midst political headwinds and issues stemming from new competition and corporate governance. With Berenberg cut its price target on Telecom Italia (TIM), citing headwinds stemming from governance issues and new competition, TIM’s share prices fell more… Read More ›
Toyota aiming to increase foothold in China’s EV market
Although earlier it was unthinkable for Toyota to sell electric vehicles, its current strategy tops that since it involves selling EVs that are derived from its’s Chinese partner’s vehicle which do not feature is triple-oval logo. This is the extent… Read More ›
Jeff Holden, Uber Technologies’ Chief Product Officer leaves ride services firm
Jeff Holden’s departure is the latest in a series of senior executives leading the company. A spokesman for Uber Technologies Inc stated, Jeff Holden, its Chief Product Officer will be leaving the company. The development marks the latest departure of… Read More ›
China prefers no escalation in Sino-U.S. ties during negotiations
With a bulging trade surplus with the U.S., China has potentially much to lose if the trade conflict escalates into a trade war. Furthermore, since its military might is dependent on a booming economy, its efforts at maintaining a calm… Read More ›
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