Spread across 10 years, armed with three car manufacturing startups, Jia Yueting plans on taking on Tesla Motors’s Model S and Model X with its LeSee Pro, which will be showcased in CES 2017. In CES 2017, 3 electric car… Read More ›
Creativity
Britain to trigger Article 50 before March 2017
With Theresa May’s government advancing the date by when she intends on triggering Brexit talks, clearly she has a strategy in mind and is keeping her cards very close to her chest. While her flamboyant Brexit minister generates enough noise… Read More ›
Clarity required on how Britain will access EU’s single bloc market – Bank of England
As per the Deputy Governor of the Bank of England, the lack of clarity on how Theresa May’s government plans on accessing EU’s single market bloc could have serious consequences for Britain’s famed financial district.
China flexes economic muscles, reminds Trump of its economic might
Beijing is stating rather bluntly that resetting ties with Taiwan has an economic cost attached. In a tit-for-tat move, Beijing’s China Daily newspaper has quoted a senior state planning official as saying the country will soon slap a penalty on… Read More ›
Google makes in-roads in Cuba
In a move that has geo-economic and geo-political implications, the parent of search engine giant Google Inc. has expanded its footprint in the Americas by signing a deal with the Cuban government which allows improved internet access to Cuban citizens… Read More ›
Airbus could finalise the sale of 17 jets to IranAir within 2 weeks
The urgency with which Iran is hoping to import the jets before the May 2017 presidential elections show that the issue is likely to be used to boost Iranian President Hassan Rouhani’s image as a pragmatist. Iran’s flag carrier, IranAir… Read More ›
AB InBev sells its East European beer brands to Asahi
The deal is expected to close by the first week of 2017. Japanese brewer Asahi Group Holdings is set to acquire beer brands from Anheuser-Busch InBev in a $7.8 billion deal. The deal will boost its presence in the region…. Read More ›
National Amusements is likely to focus on increased partnership between Viacom and CBS
With National Amusement abandoning the merger of Viacom with CBS, increased partnering between both seems to be the next logical step. Its $12 billion debt profile could discourage it to aggressively pursue companies. In an industry where scale matters, National… Read More ›
World’s banking backbone under attack from hackers
In an increasingly digital world, with the countries around the world opting for a cashless economy, these cyberattacks go to highlight the vulnerabilities of the global financial network and the urgent need to harden and strengthen them. While going cashless… Read More ›
Shari Redstone pulls the rug out of CBS-Viacom merger
If both companies were to merge, the number of boardrooms she is sitting on will also diminish. Shari Redstone, the daughter of media mogul, Sumner Redstone has withdrawn her support for the merger of Viacom and CBS Corp. She wants… Read More ›
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