The partnership is a win-win situation for both companies. Partnering with Paytm will help Citi expand its financial product base given Paytm’s market dominance in India’s digital payment services market. In a strategic move, India’s biggest digital payments firm Paytm… Read More ›
For the first time in its history, the payout to its shareholders has been cut by Vodafone as the telecom service company swung to a full-year loss. In November last year, a commitment was made by the new chief executive… Read More ›
There can be massive closures of retail stores because of the latest round of US tariffs on China and tit-for-tat tariffs from China on US goods imported into the country. A new list of Chinese goods worth about $300 billion… Read More ›
in order to mitigate some of the impact of the U.S.-China trade war, Japan plans on laying the groundwork for a hike in sales tax. On Tuesday, Japanese Finance Minister Taro Aso stated the U.S.-China trade war is not likely… Read More ›
On the bright side, the sales of new energy vehicles have risen by 18.1% in April. In a significant development, vehicle sales in China fell by 14.6% in April, in comparison to the same month a year earlier, in what… Read More ›
The development essentially being closure to the five-month battle between Euronext and Nasdaq for ownership of the Norwegian stock market operator. In a development that essentially confirms a statement by Euronext, Norway’s finance ministry has stated it will allow Euronext’s… Read More ›
A bid for the ailing Jet Airways of India has been subnmitted by Middle Eastern carrier Etihad Airways, announced the State Bank of India (SBI), a unit of which is conducting the process of sale of the near bankrupt Indian… Read More ›
The latest round of talks between trade representatives of China and the United States ended in Washington without any breakthrough even as the Trump administration announced increase of the already existing tariffs on $200 billion of Chinese goods imported into… Read More ›
Uber was ultimately values at $82bn at price per share of $45 for its initial public offering (IPO) which has disappointed some investors. Initially, Uber had targeted to get a valuation of $100bn even though there were questions about the… Read More ›
A trade war is far better than a weak non-enforceable agreement given China’s history of reneging on its commitments. In order to be more effective, Trump will have to make manufacturing in China more expensive. That should perk up the… Read More ›
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