This year, Goldman Sachs Group Inc. was hardly visible at the Hong Kong IPO scene. Data published in the media shows that in March a $2.2 billion share sale of Guotai Junan Securities Co is the only activity that the… Read More ›
Sustainability
UAE’s private sector growth scales new heights
The country’s Purchasing Managers’ Index is slated to continue its trend through the fourth sector this year. As per the results of a survey of companies in the UAE in November, the growth of non-oil private sector in the country… Read More ›
Britain and EU negotiators agree to a deal on all Irish issues
This remarkable development, is likely to be read as a sign of progress in the ongoing Brexit negotiations, said to be the toughest and the most complicated the world has ever seen since WW2. In a development that underscores a… Read More ›
Leaving behind its 2015 diesel emission sandal, VW pushes for personal transport services
This strategic move marks Volkswagen’s push into transportation as a service. On Monday, in a strategic move, Volkswagen has unveiled an all-electric minibus which targets urban customers who prefer to pay for transportation rather than own their own vehicles. The… Read More ›
Progress in Brexit negotiation increases the chances of a trade deal between Britain and EU
The outcome of a poll involving 68 economists on the probable impact of on-going Brexit negotiations, makes an interesting read. With Brexit negotiations showing signs of progress, it is likely that they will probably end in a free trade deal,… Read More ›
Gradual Growth In Rate Hike Reiterated By US Fed Chair Yellen
The US Federal Reserve expects that there would be continued strength in the country’s economy and job market and this has led Fed Chair Janet Yellen to conclude that the this is the appropriate time for the US central bank… Read More ›
Sanofi Says Only Those People Earlier Infected By The Dengue Virus Can Be Helped By Its Vaccine
The ambitions of the dengue vaccine from Sanofi was brought a notch down after the company declared that the vaccine would only effective for those people who had earlier been infected by the disease. This has further dented the high… Read More ›
Amazon Seeks Second Headquarters Out Of Seattle While Microsoft Plans To Expand Its Existing One There
Millions of dollars are being planned to be expended by Microsoft for refurbishing its present campus in the Seattle area even as its neighbor in the region and another American IT giant -Amazon.com is looking out for a second headquarters… Read More ›
Thanksgiving Holiday Sees More Than Expected American Shoppers, All Sale Channels Exploited: Survey
The number of Americans who stepped out or stepped onto their mobile devices for shopping this holiday season – from Thanksgiving Day to Cyber Monday, topped the estimates by the National Retail Federation (NRF) and Prosper Insights and Analytics. Data… Read More ›
General Motors enters elite sports car segment with the Corvette ZR1
With the ZR1 General Motors has high-end offerings from both ends of the car industry – high performance sports car at one end with self-driving cars at the other. The chief of General Motors Co’s global product development stated that… Read More ›