By sharing his views publicly with Nestle, Daniel Loeb is hoping to pressure the company into improving its performance in comparison with its peers. As per a source familiar with the matter at hand, Daniel Loeb, an activist investor, is… Read More ›
The reliability of the country’s grid has been the leading factor for locating its data centre in the country. The data centre will service Apple’s European customers. Apple Inc has disclosed it be spending $921 million (6 billion Danish crowns)… Read More ›
Elliott Management, Oncor’s largest creditor, has unveiled its bid of $18.5 billion topping Berkshire’s bid of $18.1 billion. The hedge fund has let it be known that it would support Berkshire’s or any third party’s bid, if they were to… Read More ›
The deal allows Chinese consumers to make international payments through Stripe. In a significant development, Stripe a Silicon Valley startup, has partnered with China’s Alipay and WeChat, to enable digital payments for merchants using its platform globally. Now Stripe can… Read More ›
If it weren’t for U.S. oil, crude oil prices should have touched $100 a barrel. As per a report from Barron’s, thanks to the heightened demand for oil, and reduced supplies from the Organization of the Petroleum Exporting Countries (OPEC),… Read More ›
Apollo has been a prolific acquirer of golf courses. On Sunday, Apollo Global Management LLC announced it has agreed to acquire, ClubCorp Holdings Inc, one of the largest owners and operators of a private country and golf clubs in the… Read More ›
In order to target for retaliation over Donald Trump’s plans to invoke national security concerns to limit steel imports, EU officials have begun assembling a list of US goods including whiskey, orange juice and dairy products. the tensions set off by… Read More ›
In what experts say will be a litmus test for the reliability of large-scale renewable energy Tesla Inc has won an Australian contract to install the world’s biggest grid-scale battery. In order to build the gigantic lithium-ion battery that will… Read More ›
Proof of Qatar’s links to terror groups is perpetuated by Doha’s refusal of their demands to resolve a Gulf diplomatic crisis, said the four Arab states leading the boycott against Qatar said late on Thursday. The countries said that they… Read More ›
The British economy seems a little confused if not undecided: while some retailers have reported a surge in their quarterly revenues some have warned of weaker profit outlooks. As per the results of a survey disclosed on Friday, in June… Read More ›
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