Bayer is likely to face negative investor sentiments on Friday at its AGM on the way its management team handled the $63 billion Monsanto deal. According to two sources familiar with the matter at hand, BlackRock will not support Bayer’s… Read More ›
German regulators are probing why VW made bonus payments to an executive who was suspended following the diesel emission cheating scandal. On Tuesday, in a development that continues to haunt Volkswagen, Europe’s biggest car producer, German prosecutors have begun investigating… Read More ›
Harley Davidson’s earnings per share excluding items for the first quarter was 98 cents against the average analyst forecast of 65 cents per share. Harley Davidson has stuck to its full year forecast. On Tuesday, Harley-Davidson Inc reported that its… Read More ›
PG&E is facing crushing liabilities following deadly wildfires in 2017 and 2018 which killed dozens of people and destroyed thousands of homes. In a development that resolves a months long battle with activist shareholder BlueMountain Capital Management LLC, California utility… Read More ›
Renault will have to assuage Nissan’s hurt feelings before it moves ahead with capitalizing on synergies within the alliance. As per a report from Japan;s Nikkei, Nissan Motor Co Ltd will reject a proposal from its French partner Renault SA… Read More ›
The development will alleviate short term liquidity problems for the airlines. Long term issues however will need to be dealt with. Asiana has taken on considerable debt. On Tuesday, South Korea’s finance minister Hong Nam-ki stated, South Korean creditors plan… Read More ›
The rollout of 5G in many countries along with newer upgraded models of smartphones could spur exports orders for the island nation. On Monday, data from Taiwan’s Ministry of Economic Affairs showed, its export orders fell for the fifth straight… Read More ›
The shortfall in the global oil pool as a result of this potential fall in supply from Iran, is likely to be met by increased production from Saudi Arabia. On Monday, oil prices surged to $74 a barrel, their highest… Read More ›
Despite the hit, Mitsubishi UFJ Financial Group Inc (MUFG) has continued to forecast a net profit. On Monday, As per a report from the Nikkei, Japan’s MUFG is set to book a charge of around $893.34 million (100 billion yen)… Read More ›
How will Theresa May keep EU-member Ireland’s border with Northern Ireland open after Brexit without any physical infrastructure on the border between Northern Ireland and Ireland? This question is proving to be the most excruciating issue in Britain’s sour grapes… Read More ›
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