Efforts to take over Portugal’s biggest company EDP were initiated by China’s state-owned utility China Three Gorges during the end of the week as the Chinese firm offered a premium price of just below 5 per cent of the closing… Read More ›
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Trump’s Iran Decision Impacting UK Already, Petrol Prices To Rise
The impact of the United States President Donald Trump’s decision to pull out of the Iran deal is already being felt in the United Kingdom. Over the next fortnight, warning have been issued to British motorists that they would have… Read More ›
Costs For Sponsored Facebook Postings Being Increased By Norwegian Ministries
According to a report published in the Norwegian newspaper Aftenposten, in the last three years, zero to more than 200,000 kroner (24,800 U.S. dollars) have bene spent by the Norwegian authorities in publishing posts on the social media Facebook. According… Read More ›
Uncertainty Over Oil Supply And Prices Cast Because Of Trump’s Iran Nuclear Deal Exit
Some degree of uncertainty has been cast on the global prices of oil and gasoline because of the decision by United States President Donald Trump to pull out of the Iran nuclear deal. The Organization of the Petroleum Exporting Countries… Read More ›
Stopping Peso Falling Aim Of Argentina Seeking Emergency Debt From IMF
It has been just days that Argentina had made three successive rate hikes in eight days – taking the interest rate in the country to 40%, to control the slide of its currency peso. Now the country has appealed for… Read More ›
Bitcoin Is ‘Rat Poison’, Says Berkshire Chief Warren Buffet
Bitcoin has not been a favorite for years with Warren Buffett, the CEO of Berkshire Hathaway. Virtual currencies have often been equated by him to gold because, according to him, both the assets are very speculative and do not deliver as… Read More ›
Australia Orders Fuel Supply Review As Questions About Fuel Shortage Arise
Australia got a scare after experts warned that the country has only been left weeks of petrol, diesel and aviation fuel in its stock following which a review of fuel security was ordered by the Australian government. While it (the… Read More ›
World’s Biggest IPO Since 2014 To Be Launched By Chinese Tech Company Xiaomi
In what is potentially the biggest public listing for a Chinese technology company in almost the last four years, Xiaomi., the Chinese smartphone and connected device maker, filed for its Initial Public Offering at the Hong Kong stock exchange earlier… Read More ›
Ferrari Has Sold Out All Of Its Models For 2018 And Some For 2019 Already
Riding on a very good season of sale, the Italian supercar manufacturer reported profits that surpassed the expectations of the analysts as the company declared that it had sold out all of its models for 2018 as well as a… Read More ›
47 Per Cent Income Growth For Alibaba In 2018 Fiscal Year
There has been a 47 per cent increase compared to the same period a year ago in net oncome for the fiscal year ended March 2018 for China’s e-commerce giant Alibaba, the company announced on Friday. The net income was… Read More ›
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