Recent Posts - page 446

• Google acquires 6.6% stake in ADT Inc for $450 million in a push for home security products

  By admin1 on August 4, 2020 • ( 0 )

  

  Alphabet Inc’s Google is picking up a 6.6% stake in ADT Inc for $450 million with an aim to piggyback on the home security company’s strong customer base and its army of technicians in order to boost the sales of… Read More ›

• Marathon Petroleum to sell Speedway gas stations to Seven & i Holdings for $21 billion

  By admin1 on August 3, 2020 • ( 0 )

  

  Following a five months delay induced by the coronavirus pandemic, Marathon Petroleum stated, it has agreed to sell its Speedway gas stations in the United States to Seven & i Holdings, a Japanese retail group, for $21 billion. In 2019,… Read More ›

• HSBC’s losses could touch $13 billion, core capital ratio however improves

  By admin1 on August 3, 2020 • ( 0 )

  

  On Monday, in a significant development, HSBC Holdings PLC has issued an earnings guidance saying, its bad debt charges could balloon past its previous estimate of $13 billion this year with profits falling by more than 50% due to the… Read More ›

• Shell Australia to acquire environmental services firm Select Carbon

  By admin1 on August 3, 2020 • ( 0 )

  

  On Monday, the Australian unit of Royal Dutch Shell stated, it has decided to acquire Select Carbon, an environmental services firm, as it moves ahead with its plan on cutting back its carbon footprint and expand its low-carbon and renewable… Read More ›

• Prescription drug marketplace GoodRx Inc files for IPO

  By admin1 on August 3, 2020 • ( 0 )

  

  According to sources familiar with the matter at hand, GoodRx Inc, a U.S. online prescription drug price marketplace has filed documents with the U.S. Securities and Exchange Commission for a potential initial public offering (IPO). In 2018, during a funding… Read More ›

• Brazil selects HSBC’s Andre Brandao to head its central bank

  By admin1 on August 2, 2020 • ( 0 )

  

  According to a source from the Brazilian government, Brasilia has selected Andre Brandao, the current head of global banking and markets for the Americas at HSBC, as the new of its central bank – Banco Brasil SA. Brandao, an investment… Read More ›

• Siemens Healthineers acquires Varian Medical Systems Inc for $16.4 billion

  By admin1 on August 2, 2020 • ( 0 )

  

  On Sunday, German health group Siemens Healthineers stated, it plans on acquiring Varian Medical Systems Inc for $16.4 billion. Varian Medical Systems Inc makes devices and software for treating cancer. According to the agreement, Siemens Healthineers will be acquiring all… Read More ›

• Europe’s Economy Suffers Record 11.9% Slump In GDP Reported By EU For Second Quarter

  By admin2 on July 31, 2020 • ( 0 )

  

  The novel coronvirus pandemic hit the European economy very hard during the second quarter with a contraction of 11.9 per cent s the economy was pushed into a deep recession. In terms of the quarter-on-quarter contraction in the GDP of… Read More ›

• South Koreans Worried Of Covid-19 Infection Microwaves Currencies Causing Surge In Damaged Cash

  By admin2 on July 31, 2020 • ( 0 )

  

  A large number of South Koreans who are worried of getting infected with the novel coronavirus by touching on currency noted laced with the virus are putting banknotes in their microwaves and washing machines which is damaging the bills, as… Read More ›

• “Explosive” Purchasing By China Of US Farm Goods Needed To Meet Phase 1 Trade Deal Target

  By admin2 on July 30, 2020 • ( 0 )

  

  While it may not be impossible, it certainly is looking like a big, big stretch – the pledge of China to purchase far goods from the United States worth $36.5 billion this year with almost seven months of the year… Read More ›

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