Thanks to a cartoon bunny and Michael Jordan, Nike has just had its biggest sneaker release for itself. Featuring the basketball legend alongside Looney Tunes characters seen celebrating the 20th anniversary of the 1996 comedy, the shoemaker’s Jordan brand began selling the Space Jam… Read More ›
Concerns that a diplomatic standoff may be hurting sales in the top market of South Korea’s Hyundai Motor, the automaker announced on Monday that it had suspended production at one of its Chinese factories for a week. Because of Beijing’s… Read More ›
The sovereign wealth fund is in the process of diversifying its portfolio into the US and Asia. As per the CEO of one of the Gulf’s most acquisitive sovereign wealth fund, the Qatar Investment Authority, the company is setting down… Read More ›
Currently the Viacom’s shares are trading at $43 per share, down by 39% over the last two years. Barron’s has predicted that Viacom’s shares could appreciate by as much as 40% by next year with its new CEO, Bob Bakish,… Read More ›
Uber is withdrawing from the driverless car project, pending the results of an investigation into the accident. Uber is playing it safe. With one of Uber’s autonomous vehicle crashing on a roadway in Arizona, the ride-hailing company has suspended its… Read More ›
The British manufacturing industry along with its financial and banking sector is likely to bear the brunt of a hard Brexit strategy. Today, British manufacturers have told Prime Minister Theresa May, it would be prudent to drop the threat of… Read More ›
Even while committing to stay in Britain after Brexitt, the size of its products could be shrunk or the prices could be raised after Brexit, Cadbury has said. the country would still be the “home of chocolate manufacturing” and the… Read More ›
Amidst the risks that are faced by many European banks and indeed the entire sector faces, banks need to boost their profitability and business models, waned the European Central Bank on Thursday. In its annual report on supervisory activities, the… Read More ›
Emerging economies are seen as having a better economy and ability to pay, thus the migration in funds. Thanks to the rise of short term interest rates in the U.S, bond fund managers are increasingly migrating towards debt markets in… Read More ›
With the judgement of the case being delivered less than a week before the end of the coming financial year, its tax profiles could be significantly affected. In a significant win for Amazon.com Inc, the world’s biggest online retailer has… Read More ›
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