Although the event is invite-only, just about anyone with an internet connection can tune in to the event. Citigroup Inc will be holding a day-long investor conference on Tuesday. This is noteworthy since this will be the first time, since… Read More ›
Creativity
Barnes and Noble scouting for a buyer
The move comes midst increased pressure from activist investor, Sandell Asset Management Corp. As per a report appearing in the Wall Street Journal, Sandell Asset Management Corp, an activist investor, is pushing Barnes & Noble to try and sell itself… Read More ›
London’s Alternative Investment Market (AIM) loosing investor’s money
Here is the result of a study on London’s AIM. An eye opener on Chinese investment in Britain. As per an accountancy firm specializing in London’s junior stock market, 14 companies have left London’s Alternative Investment Market (AIM) from January… Read More ›
British government pushes to rejuvenate through green technological policy
As Britain prepares to leave the EU, May’s government is pushing for a greener, cleaner industrial policy. On Monday, as part of the British government industrial strategy to boost growth, productivity and distribution of wealth, the country’s business minister is… Read More ›
Blackstone in advanced talks to acquire 40% stake in the NSO Group
The Israeli spyware developer is making some serious profits: quadrupling investor investments in 3.5 years is phenomenal. Israeli business newspaper Calcalist has reported, Blackstone Group is in advanced talks with the NSO Group, an Israeli company which develops spyware for… Read More ›
Audi recalls 850,000 diesel powered vehicles to update emission software
The recall also covers VW, and Porsche vehicles which share the same engine. Volkswagen’s luxury brand Audi is recalling 850,000 diesel cars to update the vehicle software which control its emissions. The move is strategic since it is aimed at… Read More ›
Jaguar Land Rover picks China for its first overseas engine plant
Like much of the British car industry, the uncertainty surrounding Brexit negotiations is pushing companies to invest overseas rather than expand production facilities in the country. On Friday, Britain’s Jaguar Land Rover picked China for its first overseas engine plant… Read More ›
FTC probing allegation of Amazon’s deceptive pricing strategy
Advocacy group, Consumer Watchdog has alleged that Amazon’s deceptive pricing strategy is making the prices of its products look like a bargain. It has asked the FTC to stop Amazon’s acquisition of Whole Foods while its deceptive discount continues. According… Read More ›
Birmingham Retirement and Relief System sues Chinese ZTO over untrue financial statement in its 2016 IPO
The lawsuit states that the underwriters had failed to do their due diligence. A U.S. pension fund has sued Chinese courier ZTO Express and its underwriters alleging that the company has significantly hiked its profit margins to attract investors for… Read More ›
S&P 500 index touches new high
Despite investor fears of the bursting of the bubble, analysts say, there are some real earnings which support the bull run in the tech sector. It has taken seventeen long years for the S&P 500 index to recover from… Read More ›
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