Its boom-time for at least one trading desk at the Wall Street. According to media reports citing people with knowledge of the matter, on a day in February when the serenity of the stock market was suddenly shattered by an… Read More ›
Strategy
Mark Zuckerberg Accused Of Avoiding Questions Of Lawmakers Of European Parliament
While apologizing for the mistakes by the company, Facebook CEO Mark Zuckerberg failed to impress the European lawmakers as he apparently dodged their questions. Political leaders and lawmakers at the European Parliament in Brussels spent about 8u0 minutes in questioning… Read More ›
Deutsche Bank to slash global headcount by 25%
The move is part of Deutsche Bank‘s strategy of to turn the corner and become profitable once again. On Thursday, Deutsche Bank disclosed it plans on reducing its global staff to levels below 90,000, down from 97,000, as part of… Read More ›
Customs data shed light on Chinese imports of U.S. products in April 2018
China’s anti-dumping duties on U.S. products appear to be an attempt at misdirection. Data from the U.S. General Administration of Customs lifts the fog of perception and diplomatic posturing. Data from the General Administration of Customs have revealed that China’s… Read More ›
Foxconn Industrial Internet’s IPO to launch in China on May 24, 2018
A Foxconn subsidiary, Foxconn Industrial Internet is its parent vehicle to raise sufficient funds to enable Foxconn to wean itself off from manufacturing devices for Apple Inc and instead align itself towards Made in China 2025 policy by entering into… Read More ›
Trump proposes heavy fine and management change at ZTE rather than impose sanctions on it
With U.S. lawmakers crystallizing their stance on ZTE, which they describe as a “serial and pre-meditated violators” of U.S. law, and given the national security implications surrounding the case, it would be interesting to see the results of the U.S…. Read More ›
Biggest Growth Threat Is Economic Nationalization, Say Global Business Leaders
The greatest treat to the business growth is the rise of economic nationalism as initiated by Brexit, Donald Trump and some populist policies, say business leaders around the world. This was concluded in a study conducted by accountancy firm KPMG… Read More ›
Trump’s Trade Push Gets Big Early Win As Import Tariffs On Auto Reduced By China
Reduction in import tariffs on automobiles was announced by China on Tuesday. The decision of the authorities of the largest car market in the world is being viewed as a measure to placate U.S. president Donald Trump in his efforts… Read More ›
Stacey Cunningham appointed first female CEO of the New York Stock Exchange
The development is significant in two ways: Cunningham’s appointment as NYSE’s first CEO and Thomas Farley’s departure from NYSE to head Far Point, a SPAC, that has the backing of Third Point LLC. In a first of its kind, the… Read More ›
The U.S. and China nearing deal to lift U.S. ban on ZTE Corp
The potential deal underscores the strategic importance tech know-how and market influence are to Beijing while Washington focuses on trade and slashing its trade deficit with China. As per two sources briefed on the talks between the United States… Read More ›
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