Barclays exit isn’t surprising since many large investment banks have also minimized their profile in the energy trade following the 2008 financial crisis. While merchant traders have sought to fill its shoes, given their aversion to the futures market and… Read More ›
In an increasingly digital world, businesses will shift their advertising strategy from traditional sources to mobile electronic ones. The leading forecaster has stated that advertising revenues from electronic mediums are likely to exceed traditional sources by 2020. Zenith Optimedia, owned… Read More ›
Japan’s Nikkei has reported the deal citing an anonymous source. Although it’s too early to confirm the deal, if it goes through, which could be as early as the end of this month, it will further consolidate Panasonic’s involvement in… Read More ›
If the merger would have gone ahead, according to the Financial Times, the market capitalisation of the combined company would have been in excess of $20 billion. As per the Financial Times, Burberry, a British luxury fashion brand, has rejected… Read More ›
In 2017, BMW will test its autonomous vehicles in Munich with a fleet of 40 vehicles. It will then gradually expand it to other cities as well. Although its cars will have self-driving capacity, they will be manned by a… Read More ›
The Tanjong Pagar Centre complex in Singapore has been dubbed a “vertical city” and sits atop one of the wealth city state’s busiest train stations even as the city state’s canyons of skyscrapers get a new peak with the opening… Read More ›
Johnson & Johnson has stated that it will appeal the verdict, typically, in such cases in Texas, the appeals court scales back the initial compensation amount. In a significant ruling, a federal jury in Dallas ordered Johnson & Johnson and… Read More ›
While Trump has quickly claimed credit for saving American manufacturing jobs, here’s more details of the deal. This agreement is yet to be finalized. State officials from Indiana have agreed to provide Carrier’s parent, United Technologies Corp, a tax break… Read More ›
A fascinating read on how the members of OPEC came through with the deal to cut their respective oil production and help reduce the glut in the global oil market. It appears that Russian President Vladimir Putin has played a… Read More ›
The data captures market sentiments from across a broad spectrum of industries and political happenings and provide an insight into investor sentiments. As per last week’s Lipper data, investors have pulled $4.1 billion from U.S.-based taxable-bond mutual funds. The bond… Read More ›
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