Recent Posts - page 562

• Marginal Slowdown In US Economy In Third Quarter

  By admin2 on October 30, 2019 • ( 0 )

  

  Resilience in consumer spending and a rebound in exports offset a decline in business investment in the third quarter for the United States economy resulting in the economy slowing down at a slower pace than markets had been expecting, This… Read More ›

• Aramco’s IPO likely to be launched on Nov 3: sources

  By admin1 on October 30, 2019 • ( 0 )

  

  The IPO, which is likely to be upwards of $20 billion, will be one of the biggest ever public offerings to hit the market. On Wednesday, in a statement Saudi Arabia’s energy minister said, the initial public offering (IPO) for… Read More ›

• Amazon pumps in more than $600 million into its Indian subsidiaries

  By admin1 on October 30, 2019 • ( 0 )

  

  Amazon has not clarified how and where it will utilize the money. Documents filed with the Registrar of Companies show that U.S. retailer, Amazon.com Inc has invested $634.20 million (around 45 billion rupees) into its Indian subsidiaries. Clearly, Amazon is… Read More ›

• Britain’s House of Commons approves Boris Johnson’s snap elections

  By admin1 on October 30, 2019 • ( 0 )

  

  The snap election gamble could see Johnson’s political career in the same place as that of his predecessor Theresa May. With just two days to go before Brexit’s deadline of October 31, Boris Johnson’s “do or die” promise to deliver… Read More ›

• LVMH In Negotiations For Purchase Of Iconic Jeweller Tiffany

  By admin2 on October 29, 2019 • ( 0 )

  

  Preliminary discussions to buy United States jeweller Tiffany & Co have been held by the French luxury conglomerate LVMH, it confirmed recently. “There can be no assurance that these discussions will result in any agreement”, LVMH said in a statement… Read More ›

• UK Charity Says Dismally Slow Progress Being Made In Reducing Gender Pay Gap

  By admin2 on October 29, 2019 • ( 0 )

  

  A recent report from the equality charity the Fawcett Society claims that efforts to close down the gender pay gap have been “dismally slow”. The charity said that it would take 60 years to eradicate the gap at the current… Read More ›

• Weak Oil Prices And Hurricane Impact Force Drop In BP Profits

  By admin2 on October 29, 2019 • ( 0 )

  

  Gloomy forecast of the global economy has resulted in a drop in global oil prices which have dragged down the profits of BP for the latest quarter. Underlying profits for the last three months of $2.3bn was reported by the… Read More ›

• More Action On Fake News Needs To Be Done By Facebook, Google And Twitter, Says EU

  By admin2 on October 29, 2019 • ( 0 )

  

  A “code of practice on disinformation” of the European Union – which is a voluntary agreement that details he measures to fight fake news on online platforms, was signed a year ago by Facebook, Google, Microsoft and Twitter. However the… Read More ›

• Thailand’s SCG Packaging Pcl planning $1 billion IPO: sources

  By admin1 on October 28, 2019 • ( 0 )

  

  During the last couple of years, its sales as well as its profits have touched their all time high. According to two sources with knowledge of the matter at hand, Thailand’s Siam Cement Pcl’s packaging subsidiary is planning on floating… Read More ›

• LVMH offers to acquire Tiffany & Co for $14.5 billion

  By admin1 on October 28, 2019 • ( 0 )

  

  The potential deal values Tiffany at about $120 per share as against its Friday’s closing price of $98.55. According to sources familiar with the matter at hand, LVMH, the owner of Louis Vuitton, has offered to acquire Tiffany & Co,… Read More ›

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