The move is aimed at increasing the liquidity during the 2019-2020 winter low cash period. On Monday, Thomas Cook Plc stated, it was holding advanced talks with noteholders for a $180.68 million (150 million) pound cash injection into the company…. Read More ›
The acquisition makes sense for AMS since it sees synergy with Osram sensor solutions and photonics businesses especially in the emerging self-driving market. Austrian sensor specialist AMS’ offer to acquire Germany’s Osram has trigerred a bidding war for the German… Read More ›
Most people should get off Facebook, recommended Apple co-founder Steve Wozniak. This was reportedly said by the 68-year-old engineer and entrepreneur to TMZ in Washington D.C. “There are many different kinds of people, and [for] some, the benefits of… Read More ›
Investors in the United States and elsewhere would be keeping a close watch on the quarterly results of US retailers that would start coming starting next week as well as the release of key consumer sentiment and retail sales data,… Read More ›
While the global markets, economists, investors and analysts are busy closely watching the developments of the trade war between the United States and China, there is another potential trade war that is brewing the European Union and the commodity giant… Read More ›
According to a recent report from the United Nations on the effects of climate change on land, global issues of global warming or food security, health and biodiversity can only be challenged if there is a change in the manner… Read More ›
The sanctions by the United States against the South American country Venezuela has been severely criticized by the heads of the United Nations Human Rights. The latest sanctions have been called as “extremely broad” and they have the potential to… Read More ›
There is shrinkage in the United Kingdom economy in for the first time in almost seven year and it could be pushed into a recession because of Brexit. The Office for National Statistics said Friday that there was a contraction… Read More ›
The move is part of a broader plan to modernize the compliance regime. In a significant development, the U.S. Securities and Exchange Commission has proposed changes to rules governing how publicly-traded companies disclose business, legal, and risk factors in regulatory… Read More ›
While China’s producer price index (PPI) fell to its 3 year low, the consumer price index (CPI) rose by 2.8% in July. On Friday, in a development that underscores the effectiveness of Washington’s trade action against Beijing, China’s factory gate… Read More ›
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