Call to governments all across the world to spruce their efforts to manage climate change was issued by a group of investors who together manage assets worth $32 trillion. There remains a wide gap between the measures to tackle climate… Read More ›
Strategy
Hong Kong Set To Become Largest IPO Launcher This Year
According to the latest available data, in terms of the most money raised in stock market flotations, Hong Kong is on course to be the first in the world this year beating arch rival New York. However, the data also… Read More ›
Lockheed Martin Corp names Kenneth Possenriede as its CFO
Kenneth Possenriede will be replacing Bruce Tanner who is set to retire in mid-2019. U.S. defense contractor Lockheed Martin Corp has announced, Kenneth Possenriede will be replacing Bruce Tanner as its chief financial officer. Tanner is likely to retire in… Read More ›
Daimler to buy battery cells worth $22.75 billion
The move signals Daimler’s push to electrifying its near-future lineup. In a development that marks the electrification of its future lineup, on Tuesday, Daimler stated it would purchase battery cells worth at least $22.75 billion (20 billion euros) as it… Read More ›
Trump Trade Advisors Downplay Huawei Arrest, Say It Is Different From Trade Talks
Adding to the attempts to by some of his top trade advisers to downplay the uncertainty created by the arrest of the CFO of Chinese tech giant Huawei Technologies, United States. President Donald Trump tried to sound optimistic about the… Read More ›
Drugmaker Gilead Sciences Inc appoints Daniel O’Day as its CEO
Daniel O’Day is likely to joint Gilead Sciences sometime in 2019; a formal date has not been set. According to a source familiar with the matter at hand, Gilead Sciences Inc, a drugmaker, will appoint Roche Holding AG’s Daniel O’Day… Read More ›
Tokyo prosecutors likely to indict Carlos Ghosn and Nissan
Regardless of the heat faced by Carlos Ghosn, Hiroto Saikawa, and Nissan Motor in the financial misconduct, the key question here is how is this going to impact the Nissan’s alliance with Renault! According to sources familiar with the matter… Read More ›
Bitcoin Continues Its December Fall With 11% Plunge
Bitcoin, the world’s largest crypto currency, marked an 11 per cent drop within 24 hours against the US dollar on Fr4iday during Asian trading hours which marked a new decline for the currency. December has not been a good month… Read More ›
Companies Could Have Their Backs To Their Wall By UK Immigration Crackdown
According to a warning issued by the head of Britain’s biggest business lobby group, UK companies could go bust and there could be significant job losses throughout the country because of the planned crackdown on immigration after Brexit as being planned… Read More ›
Nissan comes across more instances of improper checking during final inspections
In July 2018 during sample test checking, Nissan found various instances wherein fuel economy and emission testing did not match those set by Japan for domestic standard. A recall of the affected cars is likely. On Thursday, Japanese daily Nikkei… Read More ›
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