A document which details Britain’s future commitments, including security, with EU has been released by the British government. In a development of far reaching consequences, Britain has stated it was unconditionally committed to the security situation in Europe. These disclosures… Read More ›
Creativity
Rescue workers congregate to help restore power in Florida
With electric utilities being severely affected by hurricane Irma, rescue workers, including some from far away California, are chipping in to restore power. More than million people have been affected by power cuts in Florida. As per local electric utilities,… Read More ›
Risk managers in demand in European banks
With financial institutions expanding their European operations following Brexit, the market for risk managers has become highly competitive. Faced with an increased likelihood of financial companies exiting Britain, regulators in Europe have begun hiring risk specialists to prepare for the… Read More ›
Post Brexit custom checks could cost Britain north of $5.28 billion
A report prepared by the Institute underscores the needs for stability for British businesses and highlights potential pitfalls. As per the report of a think tank that was released on Monday, the introduction of post-Brexit customs checks could cost traders… Read More ›
Schlumberger NV betting big money on oil and gas projects
Its new business model involves the company in decision making capacptity throughout the oilfield management supply chain, thus sparking interest in its rivals who are wondering whether to follow suit. In a significant development, Schlumberger NV, the world’s largest oilfield… Read More ›
A strong Euro could complicate matters for the European Central Bank
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 largest pension fund in the U.S. is looking to outsource its private equity business to BlackRock
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 ›
Chinese logistics company launches U.S. IPO to consolidate and expand its operations in China
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 ›
Pivotal Research Group finds Facebook inflating viewership data for its ads
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 ›
Candymaker Mars set to curb greenhouse gas emission across its supply chain
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 ›