Concern arising out of the possible US trade curbs has forced several foreign members of a United States-based foundation urged moving it form the US to Switzerland. The foundation called RISC-V Foundation that oversees promising semiconductor technology developed with Pentagon… Read More ›
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One Of The Largest Brokerage Firms To Be Created By Acquisition Of TD Ameritrade By Charles Schwab
A new brokerage giant will be created by the merger of Charles Schwab Corp and TD Ameritrade Holding Corp with the former acquiring the later in an all-stock deal that has been valued by the companies at $26 billion. The… Read More ›
New Consumer Staples For Chinese Consumers Are Luxury Goods, Says Funds Manager
According to Raphael Pitoun, portfolio manager at CQS New City Equity The new consumer “staples” for Chinese consumers are luxury goods. The experience that LVMH has gained from establishing the Bulgari brand internationally will help the company in leveraging the… Read More ›
Billionaires Lost $388 Billion In 2018 After 5 Years Of Growth
A new report from the Swiss bank UBS and auditing firm PwC shows that in 2018, there was a 4.3 per cent or $388 billion drop in the collective wealth of the billionaires of the world after increasing for straight… Read More ›
OECD Warns Drop In UK Growth To 1% In Case Of No-Deal Brexit
According to the estimates of the Organisation for Economic Development and Cooperation (OECD), is there is a no-deal Brexit, the economic growth and the growth in the GFP of the United Kingdom will drop to 1 per cent for next… Read More ›
Political Leanings, Voter Data Will Not Be Allowed To Be Used By Google For Political Ads
Taking a stand on political advertisements which was midway between Facebook and Twitter, Alphabet Inc’s Google said in a blog post on Wednesday that the ability of political advertisers to target ads for elections with the help of data such… Read More ›
Target’s Same-Day Option Usage By Online Customers Saves 90% Costs, Says CEO
The strategy of the company to invest in services that makes as easy as possible for customers to purchase its products online and get delivery on the same day of Target apparently is paying off as its business is booming…. Read More ›
Paris Climate Accord Targets Threatened By China’s Coal Surge, Says New Report
China has increased its output from coal-based electricity plants over the last 18 months to power an additional 31 million homes even as the rest of the world is cutting down on the usage of coal as a source of… Read More ›
Valuation Of Saudi Aramco Finally Set At Up To $1.7 Trillion
Finally the debate around the valuation of Saudi Aramco has been settled. The total valuation of the oil giant and the most profitable company in the world has been set at between $1.6 trillion to $1.7 trillion which is lower… Read More ›
‘Constructive’ Phone Call On Trade Between US And China: Xinhua
The Chinese state media Xinhua said that the top negotiators on trade form the United States China had held a telephonic discussion on Saturday and the call resulted in both sides having “constructive talks” on the trade agreement being strived… Read More ›