Analysts have reiterated that Aviva’s bullish goals are within reach and achievable. On Thursday, with British insurer Aviva stating, it expects to generate an extra $4.04 billion (3 billion pounds) in cash over the next 2 years and plans on… Read More ›
This legal case, between Alphabet Inc’s Waymo and Uber, is likely to set a legal precedence. It is also likely to lead to further complications for its former CEO, Travis Kalanick. In a damning disclosure, one of Uber Technologies’ attorney… Read More ›
While earlier Flipkart was valued at $11 billion, Softbank’s latest valuation pegs it $9 to 10 billion. Japan’s SoftBank Group Corp has offered to buy an undisclosed stake in Indian e-commerce giant Flipkart, and has valued the company in the… Read More ›
Being Nestle third joint venture, this new factory has the potential to double Nestle current turnover of $135 million in the near term. In a significant development, Nestle laid the foundation stone for a $55 million coffee and biscuits factory… Read More ›
With the ZR1 General Motors has high-end offerings from both ends of the car industry – high performance sports car at one end with self-driving cars at the other. The chief of General Motors Co’s global product development stated that… Read More ›
The strategy to gain valuable experience from Volvo’s assembly line before launching its own production in its plant is likely to be a strategic decision taken by Lynk & Co and taps strategic resources – China’s financial clout, the strength… Read More ›
‘When humans reach Mars, its beer will also be there’, Budweiser had boldly announced last spring. And in what would be the first step that the company is taking towards meeting that ambitious goal, barley seeds which is one of… Read More ›
After hybrid-electric motor-powered trucks by Tesla has caught the fancy of the alternative auto seekers, now that feat is being attempted to be replicated in the air. Attempts of creating a passenger plane that would be powered by a hybrid-electric… Read More ›
The deal underscores Mexico’s potential in the asset management market. On Tuesday, the world’s biggest asset manager, BlackRock Inc stated it had agreed to acquire the asset management business of Mexico’s Citibanamex, a subsidiary of Citigroup Inc. The deal underscores… Read More ›
Despite facing strong headwinds this year, Britain’s WPP has managed to retain not only the big names in its client roster but Ford Motor to it as well. On Tuesday, Britain-based WPP, disclosed that Ford Motor Company, one of its… Read More ›
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