Eddie Lampert, Sears Holdings Corp’s largest shareholder and lender, is hoping to use the proceedings to help Sears tide over liquidation ahead of the crucial holiday shopping season. According to sources familiar with the matter at hand, Eddie Lampert, Sears… Read More ›
Strategy
No-deal Brexit most likely outcome: Ashley Fox
Ashley Fox on Brexit and why the ‘No-Deal’ scenario is the most likely outcome. As per a report by The Observer which cites a leaked e-mail, the head of the Northern Irish party whose support is instrumental to British Prime… Read More ›
USMCA does not impact bilateral agreement: Mexican Foreign Minister Luis Videgaray
Although U.S. Commerce Secretary Wilbur Ross had termed a provision of the USMCA as a “poison pill”, Mexico and China have agreed to interpret it differently: they have emphasized that it does not impact bilateral trade relations between countries that… Read More ›
Japan’s central bank likely yo end market stimulus: Haruhiko Kuroda Governor BOJ
Having met its targeted inflation level of 2%, Japan’s central bank has stated it would end its loose monetary policy. In an interview to Bloomberg, Haruhiko Kuroda, the Governor of the Japan’s central bank stated, the Bank of Japan is… Read More ›
Indigo Airlines eyes purchase of Airbus A330neo or Boeing 787 midst expanding market
With IndiGo set to increase its footprint to international destinations, the Indian carrier is likely to purchase either an Airbus A330neo or Boeing 787. Indian budget airlines IndiGo disclosed, it was holding talks with aircraft manufacturers on adding wide-bodied aircraft… Read More ›
Britain needs a new approach towards Brexit: Iain Duncan Smith
Former British lawmaker Iain Duncan Smith on Theresa May’s Brexit strategy. Iain Duncan Smith, a former leader of Britain’s Conservative Party who is a Eurosceptic stated, the party does not need a leadership to bridge the deep divide over the… Read More ›
Global Auto Companies Hit By Slowing China Sale
The performance of vehicle manufacturing companies throughout the world is being affected by the slowdown in the Chinese market of auto sales in the month of September. Data from multiple sources show that there was a 11.6 per cent drop… Read More ›
Saudi Arabia’s Economic Dreams Threatened By Business Backlash Over Khashoggi Issue
It was about a year ago that the Crown Prince of Saudi Arabia Mohammed bin Salman pledged before a host of prominent foreign investors with going ahead with his plans for the transformation of the kingdom’s economy ad drive the… Read More ›
US Federal Reserve Is ‘Out Of Control’, Says President Trump
US President Donald Trump gas continued salvo against the US central banker the Federal Reserve and called the institution “out of control” and “far too stringent”. While saying that he was not considering removing Fed chairman Jay Powell, but he… Read More ›
JV For Creating Interactive Storytelling Announced By Walmart And Eko
Walmart Inc is venturing into the business interactive video technology with a strategic partnership with Eko. Through this joint venture, Walmart intends to engage in the development of original, interactive content which would help Walmart to better connect with its… Read More ›