The move underscores Nestle’s desire to reshape its business to new consumer trends and healthcare as it finds ways to boost returns of investment to shareholders. On Monday, Nestle disclosed it has sold two of its tea brands in North… Read More ›
Creativity
U.S. taxpayers rush to file their tax returns before December 31, 2017
With the Republican-led U.S. tax overhaul slated to successfully pass through the U.S. Congress by this week, taxpayers and accountants are working overtime to optimize the impact of the revised U.S. tax code on their tax profile. With the Republican… Read More ›
Trump’s new national security strategy identifies China as its main competitor
China’s trade practices, especially its over production and dumping policy, which has increasingly drawn flak across major economies including the EU, India and U.S., is likely to face further hurdles and heightened scrutiny. On Monday, with U.S. President Donald Trump… Read More ›
Using Facebook Mindlessly Can Leave A User In Foul Mood, Admitted Facebook Recently
Using the social media Facebook can be bad for users, the social media giant has admitted recently. A host of compelling information was revealed by in a recent post, including the impact on the mood of the users, by Facebook’s… Read More ›
Airbus conducts a high level management shakeup at the top
With the company’s A380 jet facing strong headwinds on takeoff, a shake up at the top management is on expected lines. On Friday, Airbus, Europe biggest planemaker has confirmed of a top management shake-up in the firm. As part of… Read More ›
Walt Disney acquires 21st Century Fox Inc for $52.4 billion
The deal, representing on the biggest in the movie and television industry in recent years, should be seen in the context of viewers migrating to technology companies such as Amazon.com and Netflix for their on-demand, anywhere, anytime access features. No… Read More ›
Elliott Management Corp springs second challenge to oil and gas producer Hess Corp
With comparatively higher cash reserves, Hess has come under renewed investor pressure to deliver better return to its shareholders. With activist hedge fund Elliott Management Corp calling the performance of oil and gas producer Hess Corp as “continuing underperformance”, it… Read More ›
Carmakers across the European Union post record sales
European carmakers, including PSA, Renault, VW and others have posted record sales in November. According industry data publishes on Thursday, car sales in Europe have risen by 5.8% with the PSA Group and Toyota posting the strongest sales among the… Read More ›
U.S. moves to protect Taiwan, brushes off Chinese protest
The development underscores U.S. efforts at bolstering Taiwan’s independence and securing its economy, the 7th largest in Asia, from Beijing, which has laid claims on the island as its own. Given the geopolitical scenario in the Korean peninsula, the development… Read More ›
Airbus is considering limiting the A380 program to just 6 a year
Ongoing negotiations with Saudi Arabia’s Emirates carrier, which is likely to place an order for 36 A380s, is likely to play a significant role in the future of the A380. A top executive from Airbus SE disclosed the airplane maker… Read More ›