In an open letter letter to shareholders, activist investor Carl Icahn, who has been waging a bitter battle against Occidental Petroleum Corp’s $38 billion acquisition of Anadarko Petroleum, disclosed, he has cut his holdings in the company by nearly a… Read More ›
Even as China is attempting to finalize a partial trade deal with the United States, some relief came for Beijing because the contraction of the exports and imports of the country for the month of October was less than expected… Read More ›
No announcement of tariffs on import of European cars into the United States will be announced by Washington next week. This was said by the outgoing president of the European Commission Jean-Claude Juncker. A decision about whether to implement new… Read More ›
All of the take-off and landing slots in te airports in the United Kingdom that were earlier owned by the now collapsed travel company Thomas Cook has been bought out by EasyJet and Jet2.com. The UK government’s liquidation service said… Read More ›
A new brand in over a decade’s time was unveiled by the one of the largest soft drink companies in the world Coca Cola on Thursday – a line of new sparkling water. The new line of water called AHA… Read More ›
Toyota’s second quarter profit profits have been 9 analysts’s estimate as per Refinitive data. On Thursday, Toyota Motor Corp unveiled a $1.8 billion share buyback after reporting a more-than-expected quarterly profits, on the back of improved global sales. Toyota Motor… Read More ›
Faced with a cooling economy, Cuba aims to boost its economy with its annual trade fair in Havana. Cuba’s Trade Minister Rodrigo Malmierca told a news conference at Cuba’s annual trade fair in Havana that Cuba has attracted foreign investments… Read More ›
California Department of Insurance has won a court order appointing it conservator of California Insurance Co, a subsidiary of Applied Underwriters Inc. Regulators in California have taken control of an insurer, which they say was recently sold by Warren Buffett’s… Read More ›
Cost escalations by 25% would push up the total cost of the expansion to $45.2 billion, an unacceptable figure for Kazakhstan. On Wednesday, Kazakhstan’s Energy Minister Kanat Bozumbayev stated, the cost escalation in the expansion of the Tengiz oilfield project… Read More ›
The Purchasing Manager’s Index survey reveals a deepening of an economic crisis in Hong Kong – one of Asia’s leading financial hub. An IHS Markit survey that was published on Tuesday shows, business activity in Hong Kong’s private sector has… Read More ›
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