Despite the ECB’s concerns, the Eurozone’s economic performance has been stellar this year – its best since the end of the financial crisis. In the wake of the European Central Bank’s policy meeting providing short term optimism to the euro,… Read More ›
The move could potentially minimize the high fees that CalPERS pays to its asset manager for managing its private equity and boost the return of its investments. According to a source familiar with the matter at hand, Incidentally, California Public… Read More ›
Existing shareholders, including Goldman Sachs Group, will be offloading their stake in the IPO. Backed by Alibaba Group, a Chinese logistics company called Best Inc, has launched its IPO in the U.S. in the hope of moping up up to… Read More ›
This is the second time that Facebook has been found manipulating its metrics to boost its revenues. As per an analyst at Pivotal Research Group, Facebook Inc is inflating the number of people who can see advertisements on its platform…. Read More ›
Many companies in the U.S. are moving ahead with plans to cut greenhouse gas emission and meet their individual climate change targets. As a means to achieve its green house gas emissions target and other sustainability issues, candy manufacturer Mars… Read More ›
Automakers and tech companies have asked for revised guidelines for next gen vehicle technology as well as for lowering of legal barriers to enable these cars to hit the road. According to sources briefed on the matter at hand, U.S…. Read More ›
As per a source, the emergence of Amazon has hit the retail sector, was the reason for Blackstone to pull the sale. Unable to find a suitable buyer the Blackstone Group has canceled the sale of a $2.8 billion Australian… Read More ›
South Korean companies are facing a backlash from China over Seoul’s decision to deploy THAAD missile defense system that China sees as threat to its national security. In a significant development that reveals China hidden hands as it moves to… Read More ›
While China, its main ally, has called for a peaceful resolution to the crisis it has yet to play any significant role in defusing the situation. It has instead started levying economic costs on South Korean companies. On Tuesday, South… Read More ›
Although North Korea’s move have seen many investors moving to Japanese assets, many investors worry that in the event of an actual war, these very assets may lose their shine. With North Korea raising the ante, gold, the Japanese yen,… Read More ›
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