Ab InBev is likely to file for the IPO with the Hong Kong stock exchange in the first half of 2019. According to three sources with direct knowledge of the matter at hand, Anheuser-Busch InBev, the world’s largest brewer, has… Read More ›
Strategy
Activist investor Edward Bramson issues fresh letter to shareholders over joining the bank’s board
Edward Bramson is pushing the investment bank to undertake a strategic overhaul. On Monday, in a development that ratchets up the war of words between activist Edward Bramson with Barclays, Bramson made a fresh plea with Barclays’ investors to give… Read More ›
Hunt keen on delivering Brexit reassurances to Japan
Hunt will be telling Toyota that Britain wants to ensure a tariff-free trade trade deal with the EU. What are we missing here? The only way to the EU is going to agree to a tariff-free deal is if Britain… Read More ›
Landmark Share Market Listing For ‘Africa’s Amazon’ –Jumia
The first ever public listing at the New York stock market for Africa’s largest e-commerce firm Jumia saw it getting the startup “unicorn” status which is a tech start-up that is worth $1 billion or more. Analysts feel that this… Read More ›
World Bank Calls For Greater Transparency In China Debts To Poor Countries
China needs to provide more clarity to the global industry about its lending to poor countries, said the new head of the World Bank while also warning that once again there has been an increase in debt problems are once… Read More ›
Disney Finally Announces Launch Of Its Streaming Service
Launching of the long anticipated streaming service was ultimately announced by Disney nut it would start off only in November and for North America only initially. It would take much longer for the services to be launched in other markets…. Read More ›
More Uncertainty Could Be Faced By Businesses Due To Brexit Delay, Says IMF
The chief of the International Monetary Fund has warned that there would be extension of uncertainty for business if there is a decision to extend the deadline of Brexit by the UK and the European Union. While welcoming the fact… Read More ›
U.S.-Japan trade talks to commence on April 15-16 in Washington
The trade talks are aimed at finding ways to address Tokyo’s $69 billion trade surplus with the United States. On Friday, Japan’s Economy Minister Toshimitsu Motegi disclosed, Tokyo and Washington are slated to hold their first round of trade talks… Read More ›
PG&E Corp appoints Nora Mead Brownell as its chairman
Along with Nora Mead Brownell’s appointment, PG&E Corp added several others to its board. These new addition to its board come in the wake of an ongoing battle with shareholder BlueMountain Capital Management LLC as well as crushing liabilities from… Read More ›
CIFIUS blocks China’s purchase of Toshiba’s U.S. liquefied natural gas (LNG) business
China’s bid to purchase Toshiba’s U.S. liquefied natural gas (LNG) business was blocked by CIFIUS. Analysts have warned, failure to find a buyer will significantly dent the chances of its recovery from bankruptcy. On Friday, Toshiba Corp’s shares fell by… Read More ›