Britain hopes to stave-off the effects of a hard Brexit by partnering with China. A top official at Britain’s finance ministry has stated that Britain aspires to be China’s leading Western partner as China tries to manoeuvre itself as the… Read More ›
The Brexit negotiations will be one of the most challenging negotiations Britain will be undertaking since the end of WW II. May will have to tread carefully since it will decide her political legacy and has the potential to re-shape… Read More ›
In order to better compete with arch rival Amazon.com, Wal-Mart is hoping to profit from the benefits of its investment arm, which will focus on tech startups, so as to better compete in its e-commerce push. The world’s largest brick… Read More ›
SoftBank could potentially invest nearly $3 billion into WeWork through its Vision Fund. A source familiar with the matter at hand has disclosed that SoftBank Group Corp has invested $300 million in WeWork, a shared-office space company. The investments is… Read More ›
Ether is a new cryptocurrency which has nearly tripled its value. Although Bitcoin suffered its biggest ever fall since early 2015, with investors selling the crypto currency on worries about its future, it quickly regained its composure. Having touched… Read More ›
Until Theresa May agrees to settle Britain’s financial commitments to the bloc, European Union officials are ruling out any discussions with U.K. Prime Minister Theresa May over a post-Brexit trade deal. In the best-case scenario it may take until early… Read More ›
Nearly $11 billion combined in cash and marketable securities, such as bonds and other short-term investments are lying with Thailand’s PTT Exploration & Production Pcl and its parent company. And according to Chief Executive Officer Somporn Vongvuthipornchai, in order to rescue… Read More ›
There have been several reports by leading news reporters which increase the probability of this 6 billion pound divesture. British newspapers have reported that Unilever is preparing a $7.44 billion (6 billion pound) sale of some it’s some of its… Read More ›
This will be South Korea’s 2nd largest ever IPO beating even Samsung BioLogics Co Ltd’s 2.25 trillion won IPO of 2016. In what is stated to be South Korea’s second largest ever listing, mobile game manufacturer, Netmarble Games Corp has… Read More ›
In January, China’s Ant Financial Services Group had bid $13.25, in a cash deal for Euronet Worldwide, whereas MoneyGram has offered $15.20 for Euronet. Ant Financial Services has now four days to revise its offer. Sources familiar with the matter… Read More ›
