This comes in the wake of the bank reporting a spectacular drop of 40% in its bond-trading revenues, which naturally has unnerved investors. In the wake of increased pressure from big investors who have grown frustrated by Goldman Sachs’ vague… Read More ›
Circumventing tighter restrictions imposed this month by the United States on the foreign finance they can use, Russian oil companies will quickly find ways to work around those restrictions, says the media quoting multiple Russian oil industry sources. The new… Read More ›
The development marks the first signs of trade deal in the Pacific region following the U.S. withdrawal from the TPP. Peru expects to sign a “very ambitious” free trade deal with Australia which is likely to cover goods, investments, and… Read More ›
Markets across the world have fallen due to North Korea’s missile launch. As per South Korea’s Yonhap news agency, top South Korean and U.S. military officials have agreed to make a strong response to North Korea’s latest ballistic missile… Read More ›
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 ›
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 ›
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 ›
Britain said it wants have its rules on data protection accepted by the bloc after it leaves and wanted to co-operate with the European Union over data protection, it said on Thursday. In order to ensure the flow of information… 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 ›
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