Those business and media firms that once supported Saudi Arabia’s Crown Prince Mohammed bin Salman have now turned against the kingdom over the alleged disappearance of journalist Jamal Khashoggi. Major partnerships have been put at risk and a major conference… Read More ›
Walmart Inc is venturing into the business interactive video technology with a strategic partnership with Eko. Through this joint venture, Walmart intends to engage in the development of original, interactive content which would help Walmart to better connect with its… Read More ›
BMW will be among the first foreign auto makers to take advantage of the relaxed ownership norms in China and the relaxation in investment restrictions – aimed to provide more control to foreign companies in the largest auto market of… Read More ›
There was another bit of bad news for US based electric car maker on Wednesday after reports revealed that its Chinese rival electric car maker Nio has received investments from Tesla’s one of the largest shareholders – Baillie Gifford. The… Read More ›
Japan’s SoftBank Group Corp is potentially placing a large bet – and potentially its biggest one, on a loss-making startup – the U.S. shared office space provider WeWork Cos, and talks for the same is ongoing, according to media reports… Read More ›
Despite warnings of sanctions from the United States, a weapons deal worth $5 billion was signed between India during the visit of Russian president Vladimir Putin to India mfor the annual bilateral meeting which was aimed at discussions cooperation opportunities… Read More ›
The billionaire chief and founder of Virgin Galactic, Richard Branson, the first craft of the company would fly into space within week and not in months as was being predicted. The firm is in a race with Jeff Bezo’s Blue… Read More ›
The latest assessment of the global economy by the International Monetary Fund warned that the world would become a “poorer and more dangerous place” because of the trade war between the US and China. The forecast for global growth for… Read More ›
French Finance Minister Bruno Le Maire expects the EU to take a stand on this issue by the end of this year. On the sidelines of the Globsec Tatra Summit in Slovakia, French Finance Minister Bruno Le Maire disclosed he… Read More ›
Companies are likely to increase their return to shareholders vide buybacks and dividends, opine strategists at Goldman Sachs. Goldman Sachs is of the opinion, S&P 500 companies are likely to boost their cash spending by 13% to $3 trillion next… Read More ›
manageria.biz 