Although the issuance of initial coin offerings (ICO) have under regulatory scrutiny in the U.S, investors are expertly straddling borders with ease and are flocking to offshore destinations to raise millions in a matter of minutes. Interestingly, investors who are… Read More ›
business
Nestle aims to boost infant nutrition business through reorganization
Here are the key steps Nestle will be taking to boost the performance of its infant nutrition business. On Wednesday, Nestle, the world’s largest packaged food manufacturer, stated it would reorganize its infant nutrition business to boost its performance. In… Read More ›
Australia to enact law to safeguard its institutions against foreign influences
China has been accused, although it has promptly denied, of trying to influence Australia’s political system and systemic government institutions. On Tuesday, Australia said it plans on introducing reforms, by the end of this year, to combat covert political influence… Read More ›
Transparency bill could significantly impact Novo Nordisk’s business
Warning against excessive transparency, Novo Nordisk said the upcoming transparency bills could impact its growth potential in key markets. On Wednesday, drugmaker Novo Nordisk warned that the new legislation being prepared in some states in the U.S. which are aimed… Read More ›
Chinese logistics and delivery firm Best slashes IPO expectations, raises $450 million
With lackluster performance of shares post IPO, offerings from Chinese firms have investors on their guard. With tepid investor demand, Chinese logistics firm, Best Inc, priced its U.S. initial public offering (IPO) at the bottom of expectations and in the… Read More ›
Bain Capital led consortium in the lead for Toshiba’s chip business: sources
Fears that Western Digital might take over control of Toshiba’s chip business led to it being dropped as the preferred bidder, said sources. According to two sources briefed on the matter at hand, Toshiba Corp favors a consortium led by… Read More ›
Britain eyeing customs deals as enjoyed by Turkey with the European Union
The stance has been portrayed as wanting to have the cake and eat it. If the EU were to agree to it, it could encourage other member states to follow Britain’s example. In what could be potentially a sticky point… Read More ›
U.S.-India bonhomie to be the engine for mutually beneficial growth
Unlike Trump’s outbursts against leaders from Australia and Germany, the Indian Prime Minister was received well. A newly created chamber will now target growth mutually beneficial areas of growth, including, startups, education and innovation. Following Indian Prime Minister Nadrendra Modi’s… Read More ›
Cisco acquires appmaker AppDynamics for $3.7 billion
Although analysts have stated that the acquisition “appears to be high”, most view the development in positive light since it could boost Cisco’s revenues. With Cisco Systems Inc looking to expand beyond its core networking business, the computing giant announced… Read More ›
Davos study finds $12 trillion can be unlocked by developing UN’s Sustainable Development Goals
The study finds that reducing food wastage and carbon trading alone could reap in $405 billion globally. Going by a study done by global leaders in business and finance, by implementing a few key developments goals, companies across the globe… Read More ›