Promoting economic prosperity and fostering diplomatic ties on a global scale is the aim of China’s mammoth, pan-Eurasian “Belt and Road” infrastructure initiative. That rhetoric comes with risks, and increasing levels of state-backed funding have raised concerns about just how… Read More ›
The success of Tesla as a company is now contingent on the success of the Model 3. Electric luxury carmaker Tesla Inc has disclosed that it would pay Jon McNeill, its global sales and service president $700,000 if he met… Read More ›
The likelihood of a deal taking place is higher at this time since GE has lowered its expected selling price to around $2 billion, from its earlier $3 billion plus. As per sources familiar with the matter at hand, GE… Read More ›
The company aims to utilise the freshly received funds to expand its footprint in the U.S. and in international markets. AutoFi Inc, a fintech startup that caters exclusively to the auto industry, has raised $10 million in a Series A… Read More ›
When blind spot alert or a lane departure warning system keeps you from steering into another vehicle the next time you are driving, count your blessings. The prevalent collision avoidance systems dramatically cut the number of accidents and injury-related crashes,… Read More ›
Mounting evidence that global markets are in the last stage of their rallies before a downturn in the business cycle is seen by HSBC Holdings Plc, Citigroup Inc. and Morgan Stanley. In addition to investors ignoring valuation fundamentals and data,… Read More ›
The development points to the recognition of burgeoning economic opportunities in the region. On Wednesday, France’s foreign ministry issued a statement which backed the commitments made by U.S. President Donald Trump on maintaining a military presence in Afghanistan. “France recognizes… Read More ›
Net yields are pushing property developpers towards microflats as opposed to build-to-rent private apartments. In a development that has taken many in the real estate market by surprise, priced out of London’s traditional housing market, millennials are now opting to… Read More ›
The IPO could see Gates being valued at more than $7 billion, including debt. Sources familiar with the matter at hand have disclosed, Blackstone Group LP is exploring an IPO for Gates Global LLC. The development comes three years after… Read More ›
This a significant strategic shift by the Trump Administration has potentially serious geo-economic consequences for the region and has the potential to bring about a turnaround in Afghanistan’s economy. With the U.S. Administrations deciding to secure Afghanistan from rogue elements,… Read More ›
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