Recent Posts - page 615

• Etihad Wants A Minority Stake In Jet Airways, Files Bid

  By admin2 on May 13, 2019 • ( 0 )

  

  A bid for the ailing Jet Airways of India has been subnmitted by Middle Eastern carrier Etihad Airways, announced the State Bank of India (SBI), a unit of which is conducting the process of sale of the near bankrupt Indian… Read More ›

• No Agreement On Trade In Latest Round Of US-China Talks

  By admin2 on May 13, 2019 • ( 0 )

  

  The latest round of talks between trade representatives of China and the United States ended in Washington without any breakthrough even as the Trump administration announced increase of the already existing tariffs on $200 billion of Chinese goods imported into… Read More ›

• Here Are Some Who Would Get Wealthier By Uber’s IPO

  By admin2 on May 10, 2019 • ( 0 )

  

  Uber was ultimately values at $82bn at price per share of $45 for its initial public offering (IPO) which has disappointed some investors. Initially, Uber had targeted to get a valuation of $100bn even though there were questions about the… Read More ›

• Trump escalates trade war

  By admin1 on May 10, 2019 • ( 0 )

  

  A trade war is far better than a weak non-enforceable agreement given China’s history of reneging on its commitments. In order to be more effective, Trump will have to make manufacturing in China more expensive. That should perk up the… Read More ›

• PSA Group in advance talks to acquire JLR from India’s Tata Motors

  By admin1 on May 10, 2019 • ( 0 )

  

  The Peugeot carmaker has shown a willingness for others to join its bid for acquiring JLR. In a significant development, the PSA Group stated, it is ready to consider a potential tie-up for acquiring UK-based Jaguar Land Rover (JLR) from… Read More ›

• India’s Reliance Industry becomes world’s biggest toy manufacturer

  By admin1 on May 10, 2019 • ( 0 )

  

  The energy-to-telecoms conglomerate picked up Hamleys from C Banner International Holdings. One of India’s biggest conglomerate Reliance Industries Ltd stated it has acquired British toy retailer Hamleys. In a statement, Reliance Industries stated through its subsidiary Reliance Brands Ltd, that… Read More ›

• ECB monitoring situation at Banca Carige following BlackRock’s pullout

  By admin1 on May 10, 2019 • ( 0 )

  

  On Thursday, BlackRock pulled out from a rescue effort citing exceesive risks among other reasons. Following BlackRock’s pullout from rescuing ailing Italian lender Banca Carige, the European Central Bank got in touch with special administrators who run the bank, said… Read More ›

• European Commission likely to penalise banks for rigging foreign exchange rates

  By admin1 on May 10, 2019 • ( 0 )

  

  Banks that are likely to face the legal heat include HSBC, Barclays, JPMorgan, Citigroup, UBS, Royal Bank of Scotland, as well as a small Japanese bank. According to two sources familiar with the matter at hand, the European Commission is… Read More ›

• European Commission to launch full-fleged antitrust probe into Telia’s bid for Bonnier Broadcasting

  By admin1 on May 9, 2019 • ( 0 )

  

  The development is politically sensitive given that the Swedish government has a 37% stake in Telia. According to two sources familiar with the matter at hand, Nordic telecoms operator Telia’s nearly $1 billion bid for Bonnier Broadcasting is facing a… Read More ›

• Amazon.com’s Polish workers demand doubling of their salaries

  By admin1 on May 9, 2019 • ( 0 )

  

  Amazon.com is facing a labor issue which could ultimately lead to a strike. Trade unions have given Amazon 7 days to come up with workable solution. On Thursday, in a development that marks the latest labor dispute at the world’s… Read More ›

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