The hopes of Rupert Murdoch to acquire Sky successfully apparently have bene roadblocked by a rival bid of £22 billion bid by the US Media giant Comcast. A number of regulatory issues have held up the takeover of a 61 per… Read More ›
Economy & Finance
Fears Of Poor iPhone X Demands Spokes Investors, Apple Stock Looses $64bn In Three Days
The death knell could be sounded for the rally in the stocks of Apple following rising worries about the company’s iPhone x sale figures following reporting of disappointing guidance from two of the key suppliers of the iPhone maker. The… Read More ›
Fears Of U.S Sanctions On Iran Forces Oil To Touch $75
The possibility of new sanctions on Iran spooked investors and traders which drove the price of crude oil to $75 a barrel which is the highest mark hit by it in more than three and half years. Brent crude reached… Read More ›
U.S.-Israeli startup GameEffective raises $11 million in new funding round
The startup aims to enhance employee performance and learning by using real time feedback through digital motivations, psychology and gamification. On Wednesday, GameEffective, a U.S.-Israeli startup stated which has created a digital platform to boost workforce performance, stated it has… Read More ›
South Korea and GM weighing $2.8 billion investment plan
In a nerve-wrecking moment, literally at the very last hour, GM signs a preliminary deal with the union. Investment plan of $2.8 billion looks promising now. On Wednesday, a senior government source with direct knowledge of the matter stated, South… Read More ›
China Truck-Hailing App To Get $1.9 Billion Led By SoftBank And Google
About $1.9 billion in investments is to be made into a Chinese truck hailing service platform Manbang by Alphabet Inc’s venture capital fund CapitalG, Japan’s Softbank Group and others. This was announced by the Chinese company in a statement on… Read More ›
After TSCM, Another Apple Supplier AMS Issues Poor Outlook, Fears Of Weak iPhone X Demand Predicted
After TSCM, one of the largest chip suppliers for Apple’s iPhones brought down its target for the complete year at the end of last week, another supplier for the iPhone maker AMS.AG cautioned investors on possible negative operating margins which… Read More ›
China moving back on economic reforms: U.S. Consul general of Hong Kong & Macau
While China has been loquacious about economic reforms and opening up its domestic sector to foreign players, its actions on the ground reflect broken contracts and non-compliance of WTO rules. On Tuesday, the U.S. consul general of Macau and Hong… Read More ›
Whirlpool divests its Embraco compressor business to Japan’s Nidec Corp for $1.08 billion
The strategic divestiture is aimed at increasing its focus on its consumer business. On Tuesday, Whirlpool Corp, a U.S. home appliance maker, disclosed it has agreed to divest its Embraco compressor business to Japan’s Nidec Corp for $1.08 billion. The… Read More ›
ZTE’s valuation tumbles following U.S. sanctions
The United States sanctioned Chinese telecom equipment maker ZTE after it was caught illegally shipping U.S. goods to Iran. With the United States banning ZTE Corp from selling its components to U.S. telecom equipment makers for seven years, Chinese funds… Read More ›
manageria.biz 