The Trump Administration has twice rejected Beijing appeal to cut steel overcapacity by 150 million tonnes. The Financial Times has reported citing sources familiar with the matter, U.S. President Donald Trump has rejected a Chinese proposal to cut steel overcapacity… Read More ›
Since the deal involves Ten Network piling on more debt, it will be subject to scrutiny by its existing creditors and by Australia’s Foreign Investment Review Board. On Monday, in a significant development, the owner of the most watched… Read More ›
In the long run analysts expect Harvey to have long term impact on U.S. crude’s value chain. With Hurricane Harvey leaving a trail of destruction, knocking out refineries and crude production facilities, along the U.S. Gulf Coast, oil markets around… Read More ›
A surprise nominee, Khosrowshahi has a brilliant track record at Expedia Inc. As per two sources familiar with the knowledge of the matter, Uber Technologies Inc has selected Dara Khosrowshahi, the CEO of Expedia Inc, a travel company,… Read More ›
The area of operation for this contract agreement is Afghanistan. The Pentagon has disclosed that Leidos Innovation Corp, a unit of Leidos Holding Corp has been awarded a $727.7 million contract to provide support for the Afghan Air Force and… Read More ›
The price war in the retail groceries market is now set to intensify. With Amazon.com successfully navigating the landmine of antitrust scrutiny for it’s acquisition of Whole Foods Market Inc, the shares of rival groceries have started to tumble on… Read More ›
Midwestern states have become a magnet for data centers of tech companies in the state. Apple has disclosed that it will build a $1.375 billion data center in Waukee, Iowa and receive $207.8 million in incentives from the Iowa Economic… Read More ›
The success of Tesla as a company is now contingent on the success of the Model 3. Electric luxury carmaker Tesla Inc has disclosed that it would pay Jon McNeill, its global sales and service president $700,000 if he met… Read More ›
The likelihood of a deal taking place is higher at this time since GE has lowered its expected selling price to around $2 billion, from its earlier $3 billion plus. As per sources familiar with the matter at hand, GE… Read More ›
The company aims to utilise the freshly received funds to expand its footprint in the U.S. and in international markets. AutoFi Inc, a fintech startup that caters exclusively to the auto industry, has raised $10 million in a Series A… Read More ›
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