Nissan Motors move underscores a deep rooted strategy as it tries to elevate Inifinity’s brand image the way Tesla has done for its offerings – producing a sleek, highly desirable, premium lineup of electric cars. In a strategic development, Nissan… Read More ›
With GoRide Ford Motors aims to make yet another splash into its mobility services businesses. On Wednesday, Ford Motor Co revealed a strategic step it had taken: it was expanding GoRide, its medical transport service in Southeast Michigan, as part… Read More ›
These are only the results of the preliminary enquiry, a final determination in the countervailing duty is to be announced on August 30 2018. In a significant development that adds to the growing numbers of reasons behind the Trump Administration’s… Read More ›
Johnson & Johnson expects an increase in demand for its cancer drugs. On Tuesday, Johnson & Johnson first quarterly report beat analysts’ estimate and raised its full-year sales forecast on the strength of a growing demand for its cancer drugs…. Read More ›
6 EU retailers are said to have reached a tentative compromise deal with Nestle. On Tuesday, Swiss news daily Frankfurter Allgemeine Zeitung stated, Nestle and Edeka, a German grocer, are negotiating a new contract having reached a tentative compromise in… Read More ›
Through the green initiatives, 9 U.S. Northeast States are reducing their carbon footprint and creating thousands of jobs in the clean energy market. As per the results of a study that was released on Tuesday, thousands of jobs have been… Read More ›
Boring Co is aiming to build underground tunnels for Elon Musk’s Hyperloop Project. Boring Co, Elon Musk’s startup which seeks to build underground tunnels for Musk’s hyperloop transportation project, stated it has raised $112.5 million in equity, 90% of which… Read More ›
Elliott Advisors is a unit of U.S. activist investor Elliot Management. In the second such incident in recent months, a unit of Elliott Management, a U.S. activist hedge fund, stated it now holds the largest stake in British hotel and… Read More ›
The amended lawsuit has been filed by Darwin Deason, a Xerox shareholder, who along with activist shareholder Carl Icahn have nearly 15% stake in Xerox. As per a report by the Wall Street Journal, a lawsuit has been filed alleging… Read More ›
The move is aimed at gauging the risks of Deutsche Bank’s abrupt exit from its investment banking business. As per a source, Germany’s biggest lender, Deutsche Bank has been asked by the European Central Bank to calculate the potential costs… Read More ›
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