Recent Posts - page 461

• Goldman Sachs’s investment banking unit ramps up hiring of African Americans, targets wider racial inclusion in management

  By admin1 on July 1, 2020 • ( 0 )

  

  According to a memo,the investment bank unit of Goldman Sachs Group Inc has formed a new group to increase the recruitment of Black employees and improve career development and retention among existing Black employees. Nicole Sharp, Goldman’s spokeswoman, vetted the… Read More ›

• China’s Factory Activity For June Quickens But Exports Dragged Due To Pandemic

  By admin2 on June 30, 2020 • ( 0 )

  

  While the June numbers for factory activity of China were encouraging and was better than expected, fueling hopes for a fast economic recovery globally and domestically. However, the Chinese economy will however be dragged for some time because of the… Read More ›

• Worst Contraction In 41 Years In First Quarter For UK Economy

  By admin2 on June 30, 2020 • ( 0 )

  

  The economy of the United Kingdom shrank to its joint largest fall since 1979, according to official figures, with a contraction of 2.2 per cent in the January to March quarter. This drop was more than was initially expected. Its… Read More ›

• Shell to write down $22 billion, revises oil and gas outlook for the next 3 years

  By admin1 on June 30, 2020 • ( 0 )

  

  On Tuesday, Royal Dutch Shell said, it will be writing down $22 billion from the value of its assets after sharply lowering its oil and gas price outlook in the wake of the coronavirus pandemic. The development comes in the… Read More ›

• Hong Kong’s special status under U.S. law being withdrawn: U.S. Commerce Department

  By admin1 on June 30, 2020 • ( 0 )

  

  With China imposing its draconian security law in Hong Kong in violation of a prior agreement, on Monday the Trump Administration began taking steps to eliminate Hong Kong’s special status under U.S. law; it is also halting defense exports and… Read More ›

• Rory Macleod, CEO of Australia’s Freedom Foods Group, resigns

  By admin1 on June 30, 2020 • ( 0 )

  

  On Tuesday, Australia’s Freedom Foods Group stated, its Chief Executive Rory Macleod had resigned. The development comes in the wake of the snacks and cereal maker tapping advisers to probe the company’s financial health. Last week, Freedom Foods, the maker… Read More ›

• BP To Sell Its Petrochem Business For $5 Bln As It Transition To Low Carbon Energy

  By admin2 on June 29, 2020 • ( 0 )

  

  The global petrochemicals business of British Petroleum (BP) will be sold to billionaire Jim Ratcliffe’s Ineos for $5 billion, the company said. With this deal the energy major will be completely exiting a sector that is widely viewed to be… Read More ›

• EU To Examine Role Of Germany’s Financial Watchdog Over Wirecard Collapse

  By admin2 on June 29, 2020 • ( 0 )

  

  The role of the German regulators in the accounting scandal and the ultimate collapse of the country’s fintech giant Wirecard will be looked into by European Union officials. Specifically, the extent to which the regulators were aware of the development… Read More ›

• Administrators Called In By UK Shopping Centre Giant Intu

  By admin2 on June 29, 2020 • ( 0 )

  

  Administrators have been called in by Intu, the owner of some of the biggest shopping centres of the United Kingdom. No agreement had been reached in its negotiations about financial restructuring with its lenders, the company said previously. the company… Read More ›

• Coty inc buys 20% stake in Kim Kardashian West’s KKW makeup brand

  By admin1 on June 29, 2020 • ( 0 )

  

  On Monday, cosmetic seller Coty Inc stated, it has agreed to purchase a 20% stake in reality TV star Kim Kardashian West’s makeup brand KKW for $200 million. With the news reaching the market, its shares went shooting up by… Read More ›

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