During the last leg of 2016, with Donald Trump surprise victory, many asset managers had taken positions in financial stocks eyeing reduced regulations and potentially lower tax rates. The firm that invests the personal wealth of billionaire investor and philanthropist… Read More ›
General Motor’s decision to sell its Opel brand signifies its CEO’s vision to focus on the company’s Return on Investment rather than sales volume as a measure of GM’s success. For General Motors, putting its European operations up for sale… Read More ›
This strategic move will help minimise redundancies in its purchasing strategy, streamline it operations, and help it capitalise on its expertise of being able to provide offerings in its product basket for the lowest possible price. In what is likely… Read More ›
In a cunning move, Trump’s proposal has exempted revenues generated from exports while proposing to impose a 20% tax in imports. This essentially pits exporters against importers and unless this entire line of reasoning is revisited, in the long run… Read More ›
Although the move has been portrayed as the latest sign of struggles for small cars in the United States, this positive could go a long way in weaning off our dependency on dirty polluting fossil fuels. In a significant development… Read More ›
German generic drug manufacturer Stada has been caught in the eye of the storm from activist shareholders since July 2016. This latest takeover bid is the result of a year-long pressure to improve its profitability in areas including transparency, hierarchies,… Read More ›
The company has hired Lee Jin-woo, 47, former researcher at General Motors to oversee its research into the field of autonomous automated transportation technology. The Hyundai Motor Group has jumped in the fray of developing next generation vehicles. The company… Read More ›
In 2016 Abbott Laboratories shares have traded in the range of $37 to $45. As per the Barron’s report the shares make a good buy since Abbott’s Laboratories acquisition of St Jude have skewed its global profile to the U.S…. Read More ›
Snap already has a $2 billion contract for Google’s cloud services. The $1 billion it plans on spending on Amazon’s cloud services is in addition to its Google cloud service commitments. Eventually, Snap plans on investing in its own data… Read More ›
Yes, it is the same site BlackRock Inc. will also move to in 2022. The Wall Street Journal has reported citing people familiar with the matter at hand, Morgan Stanley is contemplating on moving to Manhattan’s West Side’s Hudson Yards. Morgan… Read More ›
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