Banca Carige has to decide the matter by tomorrow and close the sale by December 6. On Wednesday, as per a source familiar with the matter at hand, Christofferson Robb & Company (CRC), a U.S. hedge fund, has presented an… Read More ›
Strategy
The International Trade Commission recommends imposing steep import duties on LG and Samsung washing machines
The development is likely to trigger more investment from the duo, in the form of opening factories in the state, which is likely to create more jobs and funnel in more investment, as a way to mitigate this order. … Read More ›
Amazon’s Australian center to open on November 23
In a development is likely to send a shiver down the collective spine of Australian retailers, Australians can now indulge in shopping during Black Friday without incurring steep international shipping costs. As per an Australian retailer, Amazon.com Inc, the world’s… Read More ›
h In The UK Touches It Highest Level Since 1988
Even though uncertainty over Brexit and the negotiations over the U.K.’s exit from the EU has hold back investments from the industry, the weak pound has assisted in driving up export demands which has led to the growth of in… Read More ›
Broadcom intends to make significant changes in Qualcomm’s patent licensing system
Qualcomm’s patent licensing system is the root cause of much dispute. By targeting changes in it, Broadcom can win over antitrust regulators and Apple. In a development pregnant with possibilities, a source familiar with the matter at hand has stated,… Read More ›
Italy’s Enel plans strategic shift to more mature markets
The utility giant is eyeing the expansion of its footprint in the U.S., Spain and Italy. In a development that underscores Italy’s biggest utility Enel pushing strategically to make its network more digital, the firm has disclosed that it plans… Read More ›
Not much progress expected during fifth round of NAFTA talks
Despite the general lack of progress, the 2018 Mexican election promises to instill some fire into the negotiations. On Tuesday, negotiators from Canada, Mexico and the U.S., completed their fifth round of negotiations aimed at reworking the North American Free… Read More ›
Despite Robust Economic Recovery, There Is Lack Of Durability In Inflation In Euro Area: ECB President
While primarily weak wage growth, which clearly indicated that there was a lack of durability of inflation, caused the underlying inflation trend to remain subdued in the euro area, there was clear improvement in the growth outlook for the euro… Read More ›
Gig Economy Crackdown Called For Afresh In UK
British MPs are of the view that workers are being left worse off as the loopholes in employment law are being exploited by firms in the “gig economy”. Two Commons committees say that an “unacceptable burden” of having to prove… Read More ›
Collapse of 3-way negotiations in Germany will have widespread economic consequences for Europe
With major issues facing Germany and the European Union at this critical juncture in history, it is critical that Germany maintains a stable economic outlook. On Monday, German Chancellor Angela Merkel stated, her efforts at forming a three-way coalition has… Read More ›
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