The combined company will give serious competition to big players in the casino industry such as Las Vegas Sands Corp, MGM Resorts International and Wynn Resorts Ltd. In a cash and stock deal, sources familiar with the matter at hand… Read More ›
Strategy
Companies In Facebook’s Libra Project Could Have Excess Power, Says Facebook Co-Founder
Those corporations who would get involved with the project of the digital currency called Libra being planned to be launched by the social media company Facebook could get undue advantage to getting greater power than the nation states, warned one… Read More ›
Report Predicts Growth For Cannabis Infused Products Market
A new report from Standard & Poor’s predicted that more companies would be implementing plans to enter the global cannabis market which is estimated to be valued at $150 billion and develop and offer products ranging from cannabis infused as… Read More ›
Facebook And eBay Asked To Combat Fake Reviews By UK Regulatory Body
The existence of a thriving marketplace for fake and misleading online reviews has been noted by the Competition and Markets Authority (CMA) of the United Kingdom. The agency said that their conclusion was based on evidences for the same that… Read More ›
Furthering Pyongyang-Beijing Ties Good For Regional Peace, Say Xi Jinping & Kim Jong Un: Report
The strengthening of bilateral ties between China and North Korea was good for both countries and regional peace amidst an environment where there is “serious and complicated” international affairs, agreed North Korean leader Kim Jong Un and Chinese President Xi… Read More ›
Economic impact of no-deal Brexit should be known before Britain opts for it: Bank of England Governor
A vote for a No-deal Brexit option should have “absolute clarity” on what it would mean for the British economy. In a significant development, Mark Carney, Bank of England’s Governor made it lucidly clear that Britain could opt of a… Read More ›
France’s PSA opens $630 million car factory in Morocco
Morocco is also home to French carmaker Renault. The automotive sector has accounted for 27.1% of Morocco’s exports of 27.7 billion dirhams in the first four months of 2019. On Friday, French carmaker PSA stated, it has opened a $630… Read More ›
Chevron Phillips Chemical Company bids $15 billion for Nova Chemicals Corp
The acquisition can help Chevron Phillips Chemical Company expand its footprints in the polystyrene and resins market, which is used across a range of industries. According to sources familiar with the matter at hand, Chevron Phillips Chemical Company, a joint… Read More ›
Britain biggest asset manager removes ExxonMobil from its Future World Funds
ExxonMobil along with 4 other companies have been removed from its board following non-compliance to key minimum requirements, including on emissions reporting and targets. In a significvant development, the Legal & General Investment Management, Britain’s biggest asset manager, has dumped… Read More ›
Liu Young-Way replaces Terry Gou as Foxconn’s chairman
Terry Gou is preparing to run for Taiwan’s 2020 presidential elections. On Friday, Foxconn stated, it has named the current head of its chip unit as its chairman. Liu Young-Way will now be replacing Terry Gou as Foxconn’s chairman. Foxconn’s… Read More ›
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