Existing shareholders, including Goldman Sachs Group, will be offloading their stake in the IPO. Backed by Alibaba Group, a Chinese logistics company called Best Inc, has launched its IPO in the U.S. in the hope of moping up up to… Read More ›
HR & Organization
Pivotal Research Group finds Facebook inflating viewership data for its ads
This is the second time that Facebook has been found manipulating its metrics to boost its revenues. As per an analyst at Pivotal Research Group, Facebook Inc is inflating the number of people who can see advertisements on its platform…. Read More ›
Candymaker Mars set to curb greenhouse gas emission across its supply chain
Many companies in the U.S. are moving ahead with plans to cut greenhouse gas emission and meet their individual climate change targets. As a means to achieve its green house gas emissions target and other sustainability issues, candy manufacturer Mars… Read More ›
U.S. Transport Secretary to unveil guidelines for self-driving vehicles on Sept. 12
Automakers and tech companies have asked for revised guidelines for next gen vehicle technology as well as for lowering of legal barriers to enable these cars to hit the road. According to sources briefed on the matter at hand, U.S…. Read More ›
Blackstone Group cancel the $2.8 billion sale of its Australian shopping mall
As per a source, the emergence of Amazon has hit the retail sector, was the reason for Blackstone to pull the sale. Unable to find a suitable buyer the Blackstone Group has canceled the sale of a $2.8 billion Australian… Read More ›
For a second time in a row Hyundai Motor suspends production at its factory in China
South Korean companies are facing a backlash from China over Seoul’s decision to deploy THAAD missile defense system that China sees as threat to its national security. In a significant development that reveals China hidden hands as it moves to… Read More ›
North Korea seen moving rocket at night in preparation for an ICBM launch from its west coast
While China, its main ally, has called for a peaceful resolution to the crisis it has yet to play any significant role in defusing the situation. It has instead started levying economic costs on South Korean companies. On Tuesday, South… Read More ›
The Japanese Yen and the Euro are rising against the USD following Pyongyang’s testing its nuclear device
Although North Korea’s move have seen many investors moving to Japanese assets, many investors worry that in the event of an actual war, these very assets may lose their shine. With North Korea raising the ante, gold, the Japanese yen,… Read More ›
No reason to doubt North Korea’s testing of an advance hydrogen nuclear device: U.S. intelligence official
A thorough analysis will determine the type of device used as well as its blast radius. According to U.S. intelligence official there is no reason to doubt that North Korea had tested an advanced nuclear device. “We have nothing… Read More ›
Two key pipelines of the United States’ biggest fuel systems are set to go operational on Monday
Hurricane Harvey has raised a bill of up to $180 billion. Following Hurricane Harvey’s devastation in Texas, two key fuel pipelines are set to start working again on Monday in Texas, alleviating concerns of rising retail prices for gas and… Read More ›
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