Billionaire investor Warren Buffet’s love for Apple Inc is taking a toll on Berkshire Hathaway Inc’s net worth and its bottom line. Despite Warren Buffet’s optimism in view of falling prices of Apple Inc’s shares, Berkshire Hathaway Inc, took a… Read More ›
Strategy
Tumbling Apple Inc’s shares are a dream come true for Warren Buffett
Warren Buffet sees Apple Inc more as a consumer company rather than a tech stock, which essentially reflects Apple’s devices as essential household possessions for consumers. For billionaire investor Warren Buffett, the falling prices of Apple Inc’s shares are music… Read More ›
Activision Blizzard Inc appoints Dennis Durkin as its CFO
In the coming days, Netflix is likely to announce Spencer Neumann as its CFO. The top level change at Activision Blizzard Inc could be because of Netflix’s poaching. Gaming giant Activision Blizzard Inc has appointed Dennis Durkin as its chief… Read More ›
MiFID II increasing pressure on margins on mid-to-small brokerages
Although regulators introduced MiFID II in order to bring about increased transparency and ensure that investors get a fairer deal, but with the reduced cost of market research, the market dominance by large financial institution is quickly becoming an issue…. Read More ›
Big banks looking to alter credit card rewards program
Big banks, including Citigroup Inc, JP Morgan Chase & Co, American Express Co, are looking for ways to boost credit card usage while cutting back on the rewards program. This is a must read if you were eyeing that free… Read More ›
Bill Gates co-founded TerraPower LLC looking for new partners pursuing nuclear energy
TerraPower aim to use depleted uranium as the fuel for its nuclear reactors. As per a report from the Wall Street Journal, a nuclear energy venture co-founded and chaired by Bill Gates is looking for a new partner for early… Read More ›
Chinese Probe Gets Ready To Set Foot On The Moon
According to the official Chinese news agency Xinhua news agency, for the first time, a Chinese space probe is getting into position to land on the dark side of the moon. Experts and analysts see this mission as an important… Read More ›
Italy budget: Parliament passes budget after EU standoff
Even while the opposition in Italy complained that the Italian government was being dictated by the European Union, the parliament of the country approved a revised budget for 2019. Earlier, the populist government of the country had actually pushed hard… Read More ›
Growth Forecast For First Half Of 2019 Cut By Goldman Sachs
Banking firm Goldman Sachs has cut down its expectations for growth in 2019 because of the volatile financial markets and weaker economic data, said the bank on Saturday. It however assured that there was no immediate chance of a full… Read More ›
Six Nations Cut Tariff To Initiate The Pacific Trade Agreement
The rehashed and renamed Trans-Pacific Partnership (TPP) agreement struck between 11 countries, not including the United States and China, comes into force from Sunday even as New Zealand’s trade minister applauding the huge opportunities that the deal would present for… Read More ›