Volkswagen wants its electric vehicles to be the apple of the consumer’s eyes. Volkswagen, Europe’s biggest carmaker is now turning to U.S. tech giant Apple for guidance on how to style its new generation of electric cars, said VW’s top… Read More ›
Strategy
Bridgewater bets against some of Europe’s biggest companies
Although in the United States, hedge funds are not required to disclose their short positions, European rules demand that beyond a certain threshold short positions are to be declared mandatorily. These disclosures have shed light on Bridgewater’s short strategy. Bridgewater’s… Read More ›
Russian And Chinese Investors To Tie Up To Invest In Saudi Aramco IPO
The initial public offering (IPO) by Saudi Aramco has caught the fancy of Russian and Chinese investors and a joint Russia-China investment fund and Russian banks have expressed their eagerness to participate in the IPO which is being hailed as… Read More ›
Netflix Has Roped In Producer Ryan Murphy
Netflix has never been shy to use strategies that enable it to attract top names form the creative field. And in its latest such hunt, he company is reeling in Ryan Murphy which is the producer and brains behind hits… Read More ›
GM prepares to leave South Korea, doles out generous compensation package
While GM will shutter its plant at Gunsan by May 2018, it has yet to disclose on the fate of the remaining 3 plants in the country. As part of its voluntary redundancy plan, the South Korean unit of General… Read More ›
Donald Trump’s energy source mix features green energy credentials
This report is in stark contrast to expectations and believes that the Trump Administration is only pro-fossil fuels. Here is a shining example of how a self-funded U.S. goverrnment international finance body is helping to promote and fund green energy… Read More ›
China’s yuan could weaken if the Feds stick to 3 interest rate hikes in 2018
The following is a brief outlook on the future of the Chinese yuan against the greenback in 2018. The results of a Reuters poll indicate that the bulk of the gains, the Chinese yuan has so far registered is likely… Read More ›
India’s Punjab National Bank detects fraudulent and unauthorized transactions worth above $1.77 billion at its Mumbai branch
The demonetization of high value notes in India has led to a string of incidents pointing to previously undisclosed transactions in the country. On Wednesday, India’s Punjab National Bank (PNB) stated it has detected “fraudulent and unauthorized” transactions worth more… Read More ›
23,000 UK Properties Are Owned By Foreign Firms Registered In E On Caribbean Island Chain: BBC
A recent analysis conducted by the BBC has revealed that overseas companies and entities tht are registered in the British Virgin Islands are the owners of almost one-fourth of all of the properties in England and Wales. Among them about… Read More ›
Surging Prices Of Cobalt Motivates Samsung SDI To Look To Recycle The Metal From Used Phones
In recent years, there has bene a manifold increase in the price of cobalt and this has prompted one company to seek out the metal from used mobile phones. Cobalt is being planned to be recycled in this manner by… Read More ›
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