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 ›
Regulations & Legal
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 ›
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 ›
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 ›
Decision On Blocking China-Backed Buyout Of US Chip Maker To Be Taken By Trump Soon
President Donald Trump’s economic and diplomatic relations with China will be put under a spotlight when he decides in the next two weeks whether to block a Chinese-backed private equity firm from buying a U.S. chip maker. Gambling that the former real estate dealmaker will… 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 ›
Agricultural Advocacy groups, restaurants and Retailers, caution U.S. negotiators on dangers to American agriculture while renegotiating NAFTA provisions
Letters have been sent to U.S. Commerce Secretary and U.S. Trade Representative highlighting the dangerous implications for U.S. businesses and consumers in renegotiating NAFTA provisions. On Thursday, agricultural groups, American retailers, and restaurant have weighed in against the Trump Administration’s… Read More ›
Britain to enter into a bilateral trade agreement with Japan following Brexit
With reduced access to the EU’s single bloc economy, British Prime Minister Theresa May wants to assure her peers and British businesses that she can live up to their aspirations, deliver Brexit, and still manage the economy. As per a… Read More ›
Donald Trump to nominate Robert Jackson to the SEC
Jackson’s appointment will bring the 5 member SEC panel to its full strength which will then push for reducing regulatory commitments for public companies – an agenda that the Trump Administration wants fulfilled. According to person with the knowledge of… Read More ›
manageria.biz 