May’s deal focusses on a key issue, the immigration system, which was a significant factor in the Brexit referendum. Facing dissenters from within her own party, British Prime Minister Theresa May has scrambled to win support from business leaders for… Read More ›
On the wings of strong sales from its businesses which makes a host of products ranging from supply chain and warehouse automation equipment to aircraft engines and catalysts for petroleum refining, Honeywell International Inc reported a better-than-expected second quarter profits… Read More ›
Following John Flannery’s resignation from General Electric Co’s as its CEO, GE’s board has unanimously endorsed H. Lawrence Culp Jr as its CEO. General Electric Co’s CEO John Flannery has stepped down from his role in the company. The development… Read More ›
The market for legal sports betting could range between $1.2 billion and $57.6 billion of total wagers, with proceeds for gaming operators between $62 million and $2.9 billion. With the U.S. Supreme Court paving the way for U.S. states to… Read More ›
European powers, including France, Germany and Britain are willing to maintain the landmark 2015 Iran nuclear accord while pushing for talks encompassing a wider format which includes Iran’s ballistic missile program and its activities in Yemen and Syria. On Friday,… Read More ›
At a crossroad, VW’s strategic steps could either lead to expanding these businesses or could lead to a spin-off. Looking at efforts aimed at boosting efficiency and becoming more nimble, Volkswagen, Europe’s biggest carmaker, is looking at the cost benefits… Read More ›
The change in leadership comes at a time when the U.S. chemicals producer is in the process of breaking up its units into 3 distinct businesses. On Monday, the Wall Street Journal reported, Andrew Liveris, U.S. chemicals producer DowDuPont Inc’s… Read More ›
Russian stocks have largely shrugged off the risks of new U.S. sanctions which center around this list. On Tuesday, Kremlin’s spokesman Dmitry Peskov stated that with Washington choosing to place people close to the Kremlin as part of an ‘oligarchy… Read More ›
The tax-cut strategy calls for a reduction of corporate taxes from its existing 35% down to 20%. In a significant development, U.S President Donald Trump’s push to overhaul the U.S. tax code cleared a significantly hurdle with the Senate approving… Read More ›
With the Trump Administration’s focus on rebalancing trade ties, China is likely to face greater pressure on opening up its economy and reviewing its trade practices. During his recent visit to China, U.S. Commerce Secretary Wilbur Ross has made it… Read More ›
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