Recent Posts - page 274

• Bain Capital weighs taking stake in French food caterer Sodexo 

  By admin1 on January 18, 2022 • ( 0 )

  

  Bain Capital is looking to take a stake in French food caterer Sodexo after the Paris-listed firm said it was on the lookout for investors that could help fund the group’s turnaround, said sources. Sodexo, which has a market value of… Read More ›

• Lithium carbonate prices to rise by 80% in Q3: Australian lithium miner Allkem Ltd 

  By admin1 on January 18, 2022 • ( 0 )

  

  On Tuesday, Australian lithium miner Allkem Ltd said, lithium carbonate prices for the third quarter of 2022 are expected to jump by 80% from the first half on the back of booming demand for the metal which is used in electric… Read More ›

• 5G wireless rollout plan will impact 1.25M passengers, 15k flights annually: United Airlines

  By admin1 on January 18, 2022 • ( 0 )

  

  In a statement late on Monday, United Airlines said the current U.S. 5G wireless rollout plan is likely to negatively impact an estimated 1.25 million United passengers and at least 15,000 flights annually. United Airlines urged the Biden Administration to… Read More ›

• Britain supplying anti-tank weapons to Ukraine

  By admin1 on January 18, 2022 • ( 0 )

  

  In a statement Britain said, it has begun supplying anti-tank weapons to Ukraine to help defend itself from a potential invasion. The development comes in the wake of Russia amassing troops near the Ukrainian border. Western countries fear Russia is… Read More ›

• India’s Near Term Growth Expected To Be Hit By Third Wave Of Covid-19 Infections

  By admin2 on January 17, 2022 • ( 0 )

  

  Even though the overall economic impact of the third wave of Covid-19 infections is expected to be less disruptive than prior waves, some economists foresee weaker growth in the short term for the Indian economy. In a January 9 note, Citi economists Samiran Chakraborty… Read More ›

• A.I. Chip Start-Up Gets Investment From Meituan As More Investments From Tech Firms Flows Into Semiconductors

  By admin2 on January 17, 2022 • ( 0 )

  

  A Chinese start-up is developing artificial intelligence chips. As China’s leading tech businesses continue to make more investments into semiconductors, Axera has secured 800 million yuan ($126 million) from investors including meal delivery giant Meituan. Qiming Venture Partners was one of… Read More ›

• London Stock Exchange proposes listing of private companies

  By admin1 on January 17, 2022 • ( 0 )

  

  According to a report from the Wall Street Journal citing a source familiar with the matter at hand, the London Stock Exchange Group has proposed a special market for private companies to trade their shares publicly on the exchange on… Read More ›

• GSK reject Unilever’s 50-billion-pound takeover offer for its consumer goods arm

  By admin1 on January 17, 2022 • ( 0 )

  

  In a statement GlaxoSmithKline said, it had rejected Unilever’s 50-billion-pound takeover offer for its consumer goods arm, saying it “fundamentally undervalued” the business and its future prospects and that it would stick to its plan of spinning off the unit. A… Read More ›

• Antonio Horta-Osorio, Credit Suisse’s chairman resigns

  By admin1 on January 17, 2022 • ( 0 )

  

  In a statement Credit Suisse said, its chairman Antonio Horta-Osorio has resigned after flouting COVID-19 quarantine rules. The development raises questions over the bank’s new lending strategy as it tries to recover from a string of scandals. Incidentally, Horta-Osorio became the… Read More ›

• World’s top 20 best performing hedge funds earned $65.4 billion for clients in 2021

  By admin1 on January 17, 2022 • ( 0 )

  

  According to LCH investment data, the world’s 20 best performing hedge funds earned $65.4 billion for clients in 2021, on the back of stock markets rising despite setbacks introduced by coronavirus pandemic. As a group, the most successful managers earned… Read More ›

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