General Dynamics, a global aerospace and defense company offering wide ranging products for business aviation, will acquire CSRA, a leading government IT business with primarily federal customers in the U.S. for $40.75 in cash for all of the outstanding shares of… Read More ›
$350 billion was the worth of the direct economic activity by the RV industry in 2016 – the latest year that data s available for, according to the U.S. Department of Commerce. This follows a record breaking year for the… Read More ›
The strategic move by Wal-Mart represents a direct challenge to Amazon’s strategy of dominating the e-commerce space in India, Asia’s third largest economy. As per two sources familiar with the matter at hand, Wal-Mart Inc is in talks to purchase… Read More ›
On verification by the SEC’s commissioners, led by Chairman Jay Clayton, the regulator was unable to locate the source of funds for the proposed deal; they were also unable to get sufficient information on the proposed buyers. U.S. regulators have… Read More ›
Power resources in Iceland are being used up by an “exponential” increase in Bitcoin mining, said a spokesman for Icelandic energy firm HS Orka. And according to Johann Snorri Sigurbergsson, the electricity that would be consumed by all of the… Read More ›
Although in the United States, hedge funds are not required to disclose their short positions, European rules demand that beyond a certain threshold short positions are to be declared mandatorily. These disclosures have shed light on Bridgewater’s short strategy. Bridgewater’s… Read More ›
The initial public offering (IPO) by Saudi Aramco has caught the fancy of Russian and Chinese investors and a joint Russia-China investment fund and Russian banks have expressed their eagerness to participate in the IPO which is being hailed as… Read More ›
While GM will shutter its plant at Gunsan by May 2018, it has yet to disclose on the fate of the remaining 3 plants in the country. As part of its voluntary redundancy plan, the South Korean unit of General… Read More ›
This report is in stark contrast to expectations and believes that the Trump Administration is only pro-fossil fuels. Here is a shining example of how a self-funded U.S. goverrnment international finance body is helping to promote and fund green energy… Read More ›
The following is a brief outlook on the future of the Chinese yuan against the greenback in 2018. The results of a Reuters poll indicate that the bulk of the gains, the Chinese yuan has so far registered is likely… Read More ›
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