Amazon.com has asked British businesses that use its platform for trading to initiate measures so that they would be able to continue trading on the e-commerce platform to the customers in the European Union in the case of a no… Read More ›
Strategy
Fossil’s Smart Watch Technology To Be Acquired By Google For $40 M
With an eye of increasing its presence in the wearable technology industry, US tech and search engine giant Google has announced the acquisition of the smart watch technology of Fossil Group Inc. in a deal that would be worth 40… Read More ›
US Fed Says American Economy Posted “Modest To Moderate” Growth in December To January
The United States saw “modest to moderate” economic growth from December to January even though the corporate turned out to be less optimistic because of multiple downside risks, said the U.S. Federal Reserve. The economic reports from 12 federal reserve… Read More ›
Developing Countries To Note Greater Wealth Growth In Five Years Than Developed Nations
There are some countries that names of which would surprise many when it comes to creation of new millionaires. Even though economic powerhouses like the United States, China and Japan possess the largest proportion of the world’s wealthy, the rates… Read More ›
Siemens-Alstom merger will add competitiveness to the European rail industry
Despite getting the backing of the German and the French government, the deal hangs in the balance on concerns from anti-trust regulators that it could stifle competition in the rail sector. As per sources familiar with the matter at hand,… Read More ›
Britain’s Lotus car to be made in Geely’s new plant in China
Geely is aiming to emulate luxury carmakers whose SUVs have so far done well in the Chinese market. But given that China’s auto-market has shrunk for the first time in two decades as well as low sales in 2018, Geely’s… Read More ›
Bi-partisan bills targeting Chinese companies in non-compliance with U.S. sanctions or export control laws being introduced in the U.S
Headwinds facing Huawei Technologies and ZTE Corp is likely to shoot up to gale force. In a development that comes in the wake of federal prosecutors investigating alleged stealing of trade secrets by Huawei from T-Mobile and other businesses, a… Read More ›
Brexit Clarity Strongly Demanded By Businesses And Companies
Issuing a severe warning of congestion at ports and catastrophic job losses in the case of the United Kingdom if there was no exit deal for the country while leaving the European Union, companies in the UK were furious at… Read More ›
Better Than Expected Q4 Performance Reported By Goldman, Shares Rise
Increased revenues by stronger trading in equities offset losses because of bonds trading at Goldman Sachs which helped the bank to report better than expected revenues. This is till now the only Wall Street bank that has reported growth in… Read More ›
European Court of Justice annuls European Commission’s 2013 decision to block UPS acquisition of TNT
Following the ruling, UPS said it is seeking $1.99 billion (1.74 billion euros) in damages. In a development that potentially opens up the possibility of potential litigation against the European Commission, on Wednesday, the European Court of Justice annulled a… Read More ›
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