Faced with an escalating trade war with its biggest trading partner, the United States, these steps are aimed at boosting its competitiveness. According to a statement from China’s ministry of finance, Beijing will slash import duties on products, including textiles… Read More ›
cut
Cigna Corp overpaying for acquiring Express Scripts Holding Co: Carl Icahn
The deal, as pointed out by Carl Icahn’s letter to Cigna’s shareholders, has at least two significant areas of concern. On Tuesday, billionaire investor Carl Icahn urged Cigna Corp’s shareholders to vote against Cigna’s $52 billion acquisition of Express Scripts… Read More ›
Solidarity measures key metrics in Telecom Italia’s cost restructuring strategy
Why cut jobs when solidarity measures can garner equivalent results? On Tuesday, as per a source familiar with the matter at hand, as part of the ‘solidarity’ measures Telecom Italia has signed with trade unions, it will achieve savings that… Read More ›