The total amount recovered by Brazil’s state-controlled oil company so far amounts to nearly 828 million reais, shows the securities filing. According to a securities filing late on Monday, Brazil’s state-controlled oil company Petroleo Brasileiro SA disclosed, it has received… Read More ›
The contract is for the modification to the presidential helicopter replacement program. As per a statement from the Pentagon, Lockheed Martin Corp’s Sikorsky Aircraft Corp has been awarded a $542 million U.S. defense contract, which entails a modification to the… Read More ›
Shutterfly’s business has become increasingly commoditized and competitive, forcing it to explore a sale. Apollo Global Management LLC, a private equity firm, has agreed to acquire U.S. digital imaging company Shutterfly Inc for $2.7 billion, including the company’s $900 million… Read More ›
A new deal between the United States and Mexico, according to which the Southern neighbor of the US pledged to expand a controversial asylum programme and increase border security at its southern border to cut down on the flow of… Read More ›
Not only is such funding not aligned with Britain’s efforts to reduce greenhouse gases and carries risks for taxpayers but also as a result of stricter emission reduction targets, and as renewable energy becomes cheaper, companies could be left with… Read More ›
Instex – the European trade vehicle is a barter system that circumvents U.S. sanctions. On Monday, in a significant development, Germany’s Foreign Minister Heiko Maas stated, all the formal requirements for a European payment system for barter-based trade with Iran… Read More ›
Following the deal, Ericson expects a negative impact on its operating profit. On Monday, Ericsson disclosed, it expects a negative impact on its operating income in segment Networks in the current quarter following a deal wherein it reached an agreement… Read More ›
According to the Accounting Oversight Board, it faced headwinds in inspecting the auditing work of 224 U.S.-listed Chinese companies which have a combined market capitalization of $1.8 trillion. In a significant development, a bipartisan group of U.S. lawmakers have introduced… Read More ›
Pruning the sully of rare earth to the United States is China’s only weapon against the United States in the ongoing U.S.-China trade war. In a significant development that marks a strategic shift in the sourcing of rate earth minerals,… Read More ›
In a meeting U.S. Defense Secretary Patrick Shanahan made it clear that Washington will no longer “tiptoe” around China’s aggressive behavior in Asia. According to four sources familiar with the negotiations between the United States and Taiwan, Washington is pursuing… Read More ›
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