Michel Barnier, EU’s Chief Brexit negotiator, had ruled out knowledge of an unfettered access to financial services in any trade deal with Britain. On Tuesday, Britain’s Brexit Minister David Davis stated that its financial services sector wants to be part… Read More ›
HR & Organization
Crude oil posts strongest ever opening of the year since 2014
Despite receiving support for its bullish upward drive, rising U.S. oil production is likely to be a drag for oil’d 2018 outlook. On Tuesday, oil prices posted their strongest ever opening since 2014, with the anti-government uprising in Iran along… Read More ›
U.S. Congress approves 2.3% tax on U.S. medical devices
As per lobby groups from medical device makers, the re-imposition of the levy stiffles will once again stifle growth in the sector and slash jobs. Despite opposition from the medical manufacturing industry and a section of U.S. lawmakers, the U.S…. Read More ›
AT&T’s stands to gains significantly from its FirstNet project
All 50 States of the U.S. have agreed to participate in this $6.5 billion nationwide broadband network with U.S. territories, including Guam, Northern Mariana Islands, American Samoa set to confirm their respective participation by the end of March 2018. Following… Read More ›
Dominic Blakemore appointed CEO of Compass
Blakemore’s appointment to the helm of the world’s largest catering firm, comes 3 months ahead than it was scheduled. Following the tragic demise of Richard Cousins, 58, CEO of Compass, a British-based company that was the world’s largest catering firm,… Read More ›
Swiss consumer protection organisation files claim on Volkswagen and AMAG over dieselgate scandal
Both Volkswagen and AMAG have said, prima facie, there was no grounds for the complaint since, industry experts had not been able to establish any significant loss of value for VW diesel vehicles on the Swiss market. In yet another… Read More ›
Siemens to crystalise the value of its healthcare business in first half of 2018
This will be Germany’s largest IPO since Deutsche Telekom’s in 1996. Ahead of Healthineers’ IPO scheduled for the first half of 2018, Siemen’s healthcare business, the German giant will test the appetite of sovereign wealth funds to secure anchor investments… Read More ›
$102 Million, Including Bonuses, Paid To Apple CEO Tim Cook This Year
Apple’s chief executive, Tim Cook, collected a large share bonus that was related to the iPhone maker’s stock market performance and later he was paid $102m (£76m) this year. The total payment for 2017 for Cook was $102 million which comprised… Read More ›
Goldman Sachs picks Dublin for its asset management business post Brexit
Luxembourg and Dublin have emerged as favorites among firms who are shifting their European operations from Britain following Brexit. According to sources familiar with the matter at hand, Goldman Sachs has picked Dublin as a location for its administrative staff… Read More ›
China Aircraft Leasing Group Holdings Ltd to purchase 50 A320neo aircrafts from Airbus SE for $5.42 billion
The actual price that China Aircraft Leasing Group Holdings Ltd will pay however be lower than the aggregate list price of $5.42 billion, since it is a common practice in the aircraft industry to provide concessions to buyers. On Friday,… Read More ›