After reporting impressive gains in earnings, revenue and subscribers for the first quarter, the message from the pioneer of video streaming giant Netflix could not be clearer – it is still the leader in the leader in the streaming business…. Read More ›
Economy & Finance
Exxon Mobil Corp wins 3 exploration blocks offshore Argentina
The three blocks are located in the Malvinas basin, about 200 miles (320 kms) offshore Tierra del Fuego. U.S. oil giant Exxon Mobil Corp stated, its unit and an affiliate of Qatar Petroleum had won three exploration blocks offshore Argentina…. Read More ›
NZ’s PM Jacinda Ardern does a volte face against capital gains tax
It is not clear what events and knowledge has prompted her change of stance vis-a-vis CGT. On Wednesday, New Zealand’s Prime Minister Jacinda Ardern stated, her coalition government will not go ahead with a proposal for a capital gains tax… Read More ›
US Must Remove Steel Tariffs And No Action On Cars For EU-US Trade Talks: Brussels
While announcing its agreement to hold trade negotiations with the United States, the European Union has also warned that it would stop the talks if any new tariffs were imposed by US President Donald Trump or if the Trump administration… Read More ›
L’Oreal and Bettencourt Meyers family pledges $226M towards rebuilding Notre-Dame
L’Oreal and Bettencourt Meyers family pledges $226M towards rebuilding Notre-Dame. French luxury and cosmetics group L’Oreal, along with the Bettencourt Meyers family and the Bettencourt Schueller foundation, said they would donate 200 million euros ($226 million) in total for repairs… Read More ›
Total’s CEO Patrick Pouyanne pledges $112.98 million towards reconstruction of Notre Dame cathedral
French industry tycoons have come forward to generously pledge funds for rebuilding the Notre Dame Cathedral, one of the most famous landmarks in Paris which regularly draw nearly 13 million visitors a year. On Tuesday, Patrick Pouyanne, the Chief Executive… Read More ›
Creditors for South Korea’s Asiana Airlines mull support plan
Creditors for debt-laden South Korean airlines will come up with a financial support plan either by late April or early May. On Tuesday, as per a statement from the Korea Development Bank, the principle creditor of Asiana Airlines, creditors are… Read More ›
From global to local: Casino Group brings retail up to date
Over the years, French retail organization Casino Group has deployed a meticulous strategy of customer segmentation. Each of its brands of supermarkets, convenience stores, and other businesses are tailored to the needs of their customer base and geography, complementing one… Read More ›
Ab InBev adds BAML and Citi ahead of Hong Kong IPO
Ab InBev is likely to file for the IPO with the Hong Kong stock exchange in the first half of 2019. According to three sources with direct knowledge of the matter at hand, Anheuser-Busch InBev, the world’s largest brewer, has… Read More ›
Activist investor Edward Bramson issues fresh letter to shareholders over joining the bank’s board
Edward Bramson is pushing the investment bank to undertake a strategic overhaul. On Monday, in a development that ratchets up the war of words between activist Edward Bramson with Barclays, Bramson made a fresh plea with Barclays’ investors to give… Read More ›