Here are the key steps Nestle will be taking to boost the performance of its infant nutrition business. On Wednesday, Nestle, the world’s largest packaged food manufacturer, stated it would reorganize its infant nutrition business to boost its performance. In… Read More ›
Creativity
Flydubai close to ordering 178 Boeing 737 MAX jets: sources
Since the Dubai-based budget carrier current fleet of aircrafts are all from Boeing, in the event of flydubai ordering more jets, it is likely it will opt for Boeing’s aircrafts. Media reports had earlier said Airbus and Boeing were in… Read More ›
Demand for new homes adding to the strength of the Australian economy
With buyers wanting to have a piece of the “Australian dream” the housing market is seeing a bull run. Demand for new homes in Sydney’s suburbs, with buyers seeking the “Australian dream” of owning a house with a yard, is… Read More ›
Emirates pushing Airbus for the A380 superjumbo jet program
Airbus is willing to build the A380 only if its financially viable: unless orders queue up, it isn’t willing to develop the superjumbo jet. On Tuesday, at the Dubai Airshow, Tim Clark, the CEO of Airbus, stated the company’s board… Read More ›
Australia to enact law to safeguard its institutions against foreign influences
China has been accused, although it has promptly denied, of trying to influence Australia’s political system and systemic government institutions. On Tuesday, Australia said it plans on introducing reforms, by the end of this year, to combat covert political influence… Read More ›
Bitcoins thrives on anonymity: Larry Fink
Here are potential reasons why the bitcoin is facing headwinds in its efforts to join as a mainstream currency, despite its underlying technological strength. While shedding light on why bitcoin is facing headwinds on joining the mainstream, BlackRock’s Chief Executive,… Read More ›
Mexico preparing contingency plans if Trump exits NAFTA
The IMF has suggested that Mexico should go ahead with structural economic reforms, including diversifying its economy. Currently 80% of Mexican exports are shipped to the U.S. A Macro-economic response that reassures investors appear to be Mexico’s best bet out… Read More ›
SoftBank weighing its options for investing in Uber
Given Masayoshi Son’s vision of a future driven by AI and interconnected vehicles and its spread of investments in ride hailing and ride sharing companies in major markets of the world, including in India’s Ola and China’s Didi, and given… Read More ›
Qualcomm likely to reject Broadcom’s $103 billion acquisition offer
Broadcom has let it be known that it is prepared for a takeover battle. According to 4 sources familiar with the matter at hand, Qualcomm Inc is preparing to reject Broadcom’s $103 billion takeover bid as early as this week…. Read More ›
Japan set to be prime destination for hi-tech military hardware
With Japan planning to develop the F-3, a dual use $40 billion fighter jet, UK’s BAE Systems, and U.S. Lockheed Martin, Boeing, and Raytheon are likely to reap in huge contracts for not only developing the F-3 but also for… Read More ›