Emerging economies are seen as having a better economy and ability to pay, thus the migration in funds. Thanks to the rise of short term interest rates in the U.S, bond fund managers are increasingly migrating towards debt markets in… Read More ›
HR & Organization
Amazon wins $1.5 billion tax case with IRS, negatively skews its domestic and European tax profile
With the judgement of the case being delivered less than a week before the end of the coming financial year, its tax profiles could be significantly affected. In a significant win for Amazon.com Inc, the world’s biggest online retailer has… Read More ›
Twitter exploring subscription revenue model
Twitter could push a subscription model for its Tweetdeck interface for professionals. Twitter Inc is deliberating whether it to build a version of its Tweetdeck interfaced aimed at professionals, thus raising the possibility of collecting subscription fees for its services…. Read More ›
U.S. infrastructure stocks slide after weaknesses appear in Trump trade
After the November 8 U.S. elections, the U.S. stock market witnessed a bull run pumped up by Trump’s pro infrastructure promises. But with the Republicans not managing to repeal the Affordable Healthcare Act despite their majority, the shares of infrastructure… Read More ›
ZTE pleads guilty to violating U.S. sanctions
The Chinese company had made elaborate plans to hide its illegal activities. Only after the U.S. Department of Commerce threatened to cut off its global supply chain having presented ZTE evidence of its illegal activities did the company agree to… Read More ›
Britain places alert level at “severe” after terror attack
It is probably not a coincidence that terrorists tried to attack the British parliament. In a development that is likely to have wide ranging ramifications for Britain, Islamist-inspired attackers stabbed a policeman and plowed a car into pedestrians close to… Read More ›
Rock Labs snags $75 million in first round of funding
Launching small satellites is a lucrative business and the market is slated to boom in the next 10 years. New Zealand and Los Angeles-based startup, Rocket Lab, has just completed a series D round of financing of $75 million…. Read More ›
Goldman Sachs will relocate to a European city
The bank has reiterated that will continue to service its European customers regardless of its relocation efforts. Its services across Europe will not be affected by the move. As part of its contingency plans, Goldman Sachs Europe’s CEO has disclosed… Read More ›
Britain cozying up to China to offset EU trade
Britain hopes to stave-off the effects of a hard Brexit by partnering with China. A top official at Britain’s finance ministry has stated that Britain aspires to be China’s leading Western partner as China tries to manoeuvre itself as the… Read More ›
Brexit negotiations could reshape UK
The Brexit negotiations will be one of the most challenging negotiations Britain will be undertaking since the end of WW II. May will have to tread carefully since it will decide her political legacy and has the potential to re-shape… Read More ›
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