A euro-denominated Green Bond benchmark which is a five-year 600 million euro (684 million U.S. dollars) global transaction was launched by the London-based European Bank for Reconstruction and Development (EBRD), the organization announced on Friday. This is the inaugural benchmark… Read More ›
Entrepreneurship
China to introduce stimulus measures, as U.S. trade action bites into its economic growth
Chinese Premier Li Keqiang has stated China will reduce the reserve requirement ratios (RRRs) for banks, and slash taxes and fees. Facing a multi-pronged trade action by the United States and the European Union, China, the world’s second largest economy… Read More ›
U.S. trade action bites Chinese economy, trade negotiations scheduled for Jan 7-8
The United States and China have until March to resolve the core issues of the trade war. If Beijing were to continue stonewalling U.S. demands of bringing an end to the abuse of its intellectual property, opening up its market… Read More ›
New Year tweet by Huawei employee reveals China’s discrimination against foreign companies
Here’s how a benign New Year tweet by a Huawei’s social media handler uncovered the national underlying discrimination against foreign companies. In a development that provides indirect evidence of the measures Chinese companies take to pressure and force its citizens… Read More ›
Falling prices of Apple Inc’s shares pound away at Berkshire Hathaway Inc’s net worth
Billionaire investor Warren Buffet’s love for Apple Inc is taking a toll on Berkshire Hathaway Inc’s net worth and its bottom line. Despite Warren Buffet’s optimism in view of falling prices of Apple Inc’s shares, Berkshire Hathaway Inc, took a… Read More ›
Tumbling Apple Inc’s shares are a dream come true for Warren Buffett
Warren Buffet sees Apple Inc more as a consumer company rather than a tech stock, which essentially reflects Apple’s devices as essential household possessions for consumers. For billionaire investor Warren Buffett, the falling prices of Apple Inc’s shares are music… Read More ›
Activision Blizzard Inc appoints Dennis Durkin as its CFO
In the coming days, Netflix is likely to announce Spencer Neumann as its CFO. The top level change at Activision Blizzard Inc could be because of Netflix’s poaching. Gaming giant Activision Blizzard Inc has appointed Dennis Durkin as its chief… Read More ›
MiFID II increasing pressure on margins on mid-to-small brokerages
Although regulators introduced MiFID II in order to bring about increased transparency and ensure that investors get a fairer deal, but with the reduced cost of market research, the market dominance by large financial institution is quickly becoming an issue…. Read More ›
Big banks looking to alter credit card rewards program
Big banks, including Citigroup Inc, JP Morgan Chase & Co, American Express Co, are looking for ways to boost credit card usage while cutting back on the rewards program. This is a must read if you were eyeing that free… Read More ›
Bill Gates co-founded TerraPower LLC looking for new partners pursuing nuclear energy
TerraPower aim to use depleted uranium as the fuel for its nuclear reactors. As per a report from the Wall Street Journal, a nuclear energy venture co-founded and chaired by Bill Gates is looking for a new partner for early… Read More ›