United States based startup engaged in the business of promoting office sharing through its app – WeWork is not eyeing to expand its business into Southeast Asia. The company is based in New York and has come to be identified… Read More ›
Entrepreneurship
Smart Speaker And Voice Ordering Gaining Popularity In Retail Business
Technology is being used by retailing firms to offer shoppers an alternative to both visiting the store and using a mobile app so that consumers are able to order and pay for the product that they love. Voice enabled commerce… Read More ›
Mercedes Set To Enter Chinese Ride-Hailing Market With Its Luxury Cars
The German vehicle maker Daimler – the owner of the Mercedes-Benz brand, is hoping that common people would soon be able to ride in a Mercedes-Benz S-class if its plans go through. The plan of the company is to start… Read More ›
YouTube’s Biggest Channel To Get Beaten By A Bollywood Music Label
YouTube has for years been dominated by Swedish video creator PewDiePie and has been among the top in the list of the channels on the platform that in terms of paid subscribers. With a current number of more than 67… Read More ›
William Ackman’s Pershing Square Capital Management takes a stake in Hilton Worldwide Holdings, again
In 2018, William Ackman’s Pershing Square Capital Management has been one of the few activist investor hedge funds which has managed to deliver high returns. In a significant development, for the second time in two years billionaire investor William Ackman… Read More ›
Britain’s central bank directs all banks to build Brexit cushion by March 2019
The move has the twin objectives of cushioning Britain in case of a cliff-hanger Brexit as well as provide sufficient room for maneuvering to British lawmakers who are yet to hammer out a Brexit deal with the EU. In a… Read More ›
New York sues Exxon Mobil Corp for misleading investors on the risks posed by climate change
Cities across the U.S. as well as countries are suing oil companies for misleading investors for years on the risks posed by climate change on their businesses. The state of New York has sued Exxon Mobil Corp alleging that it… Read More ›
Sikorsky Aircraft Corp wins $717 million contract from the Pentagon
Sikorsky Aircraft Corp, a unit of Lockheed Martin Corp, will have to provide repair support and logistics for CH-53 and MH-53 helicopters. The Pentagon has awarded Sikorsky Aircraft Corp, a unit of Lockheed Martin Corp, a $717 million defense contract… Read More ›
Honeywell International Inc wins $1.04 billion contract from Pentagon
The contract is for providing support and components for a range of auxiliary power units for 7 kinds of aircraft. As per a statement by the Pentagon, Honeywell International Inc has won a $1.04 billion contract for support of auxiliary… Read More ›
Deutsche Bank to place assets in safe-haven liquidities rather than cash: CFO
This minor change in asset holding strategy is likely to result in improved results, reduced risk tolerance, and at reduced costs. As part of a strategic decision to boost profitability, Deutsche Bank’s Chief Financial Officer stated, it plans on holding… Read More ›
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