Recent Posts - page 563

• Warehouse giant Prologis Inc to acquire Liberty Property Trust for $12.6 billion

  By admin1 on October 28, 2019 • ( 0 )

  

  The deal has at least $120 million in cost synergy. In a statement, Warehouse giant Prologis Inc said, it has agreed to acquire Liberty Property Trust, a rival industrial real-estate business , for $12.6 billion. The deal is aimed at… Read More ›

• Lazard appoints Louis Girodolle as CEO of Lazard Investment Banking in France

  By admin1 on October 28, 2019 • ( 0 )

  

  Louis Girodolle has his job cut out given the challenging market environments as well as the need to retain clients in the wake of Matthieu Pigasse’s resignation as the bank’s CEO and chairman. In a statement 171-year-old bank Lazard said,… Read More ›

• U.S.-China close to finalizing Phase One deal

  By admin1 on October 26, 2019 • ( 0 )

  

  According to China trade experts, the completion of the Phase One deal is likely to provide little incentive for Beijing to negotiate any further, given the approaching U.S. presidential election in 2020. According to U.S. Trade Representative’s office and China’s… Read More ›

• South Korea ready to give up its developing country status at WTO

  By admin1 on October 25, 2019 • ( 0 )

  

  While this will come into effect during future negotiations, it is to be seen how this will impact its agricultural sector. On Friday, in a statement South Korea’s finance minister stated, given its enhanced economic status, it is ready to… Read More ›

• Mark Gifford appointed as chairman at British department store group Debenhams

  By admin1 on October 25, 2019 • ( 0 )

  

  Celine Jersey Topco is the parent of British department store group Debenhams. According to a statement from British department store group Debenhams, Mark Gifford, a former chief financial officer (CFO) at House of Fraser, has been appointed as the chairman… Read More ›

• Tesla begins selling China-made Model 3 with autopilot in China

  By admin1 on October 25, 2019 • ( 0 )

  

  Tesla’s quarterly profit has come as a pleasant surprise to investors. According to Tesla Inc’s website, the U.S. carmaker has started selling its Chinese-made Model 3 electric vehicle with an autopilot function, which has a starting price of $50,310 (355,800… Read More ›

• South Korea grounds 9 Boeing 737 NG planes after finding structural cracks

  By admin1 on October 25, 2019 • ( 0 )

  

  The U.S. FAA has ordered all aircraft operators globally using Boeing planes to inspect for structural cracks. On Friday, in a statement South Korea’s transport ministry stated, it has grounded nine Boeing Co 737 NG planes after checks found structural… Read More ›

• Three major U.S. retailers pull J&J’s baby talc powder from shelves

  By admin1 on October 25, 2019 • ( 0 )

  

  If the development has cascading effect and more retailers pull J&J’s baby talc powder from shelves, it could significantly impact its earnings. Already J&J is facing lawsuits over allegations of asbestos in its talc. Following U.S. healthcare conglomerate Johnson &… Read More ›

• Nokia Facing Troubles To Keep Pace With Pace Rival 5G Companies, Shares Drop 20%

  By admin2 on October 25, 2019 • ( 0 )

  

  It is becoming increasingly increasing difficult for the Finnish telecom company Nokia to keep pace with its rivals in the 5G mobile connectivity industry. That was probably reflected when the profit outlook for the current year as well as for… Read More ›

• US Lawmakers Grill Facebook’s Zuckerberg Over A Host Of Issues

  By admin2 on October 25, 2019 • ( 0 )

  

  The policy of the social media company Facebook of not fact checking political ads was severely criticized by lawmakers in the United States while interviewing Facebook CEO Mark Zuckerberg in a Congress hearing. Zuckerberg was also accused by the lawmakers… Read More ›

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