The deal places the combined company ahead of Exxon Mobil Corp. On Monday, EQT Corp, a U.S. oil and gas company disclosed it would be acquiring its peer, Rice Energy for $6.7 billion and create the biggest natural gas producer… Read More ›
Strategy
Amazon’s acquisition of Whole Foods Market, the e-commerce giant is positioning itself to battle Wal-Mart
The U.S. groceries market just got hotter. Last year, when Wal-Mart Stores Inc acquired its peer Jet.com for $3 billion it created the world’s biggest brick-and-mortar retailer, eclipsing arch rival Amazon. Last Friday, Amazon.com Inc countered the move with its… Read More ›
Tech Cottage Industry For Spawn For India’s GST Launch Compliance
Massive changes for small businesses in India would have to be faced by the implementation of India’s new Goods and Services Tax (GST) as they will have to go online to file their taxes, even as the GST is set… Read More ›
Pimco Says Australian Dream Is Emerging Markets’ Best Haven
Pacific Investment Management Co. has some advice on where investors should be positioned when the year-and-a-half bull run in emerging markets comes to end at some point. The “Australian Dream” is the shorthand for countries with strong institutions where external… Read More ›
U.S. President Donald Trump being investigated for possible obstruction of justice
If only the Trump Administration could move past the drama and focus on getting the economy rolling… In a development that potentially has widespread economic concerns, on Wednesday, the Washington Post has reported citing anonymous sources that U.S. President Donald… Read More ›
Qatar signs $12 billion deal to buy 36 F-15 fighter jets from Boeing
U.S. President Donald Trump has accused Qatar of supporting terrorism. Although on the one hand, U.S. President Donald Trump criticised Qatar with supporting terrorism, on Wednesday, Qatar’s Ministry of Defence announced it had signed a $12 billion deal with the… Read More ›
A ruling on Western Digital’s court injunction is expected by mid-July
The sale of Toshiba’s chip business is strategic & pivotal to its survival as a company. This court injunction request, was expected, and adds to the complexity surrounding the troubled company. As per a source familiar with the situation at… Read More ›
Travis Kalanick, Uber’s CEO takes undefined leave of absence midst sweeping financial & management reforms
The scandal-ridden company is on the verge of turning a new leaf. It would be interesting to see how this change of management will impact its case with Waymo. On Tuesday, Travis Kalanick, Uber Technologies Inc’s CEO told employees he… Read More ›
Lowering credit standards contributing to increased losses of credit card businesses by banks
Reduced vigil and lowering of standards of credit card businesses by banks, have contributed to mounting losses. On Tuesday, at an industry conference, the head of JPMorgan Chase & Co’s consumer business disclosed that losses in the bank’s credit card… Read More ›
Boeing strategically restructures itself to better tap growing opportunities
The move is in anticipation of heightened defence related orders from the U.S. and its allies. In efforts aimed at making its businesses more responsive to customers, on Tuesday, Boeing Co stated it would be restructuring its defense, space and… Read More ›
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