The sale of its luxury brand, Mercedes-Benz, has been the engine for its spectacular performance. Daimler Financial Services, Daimler’s finance arm, has stated it is heading for another record year having signed nearly one million new leasing and finance… Read More ›
financing
Tim Westergren resigns as Pandora Media’s Chief Executive
Until the company finds a replacement, Westergren will continue to hold the office. As per a Recode’s report, Tim Westergren, the founder and CEO of Pandora Media Inc, a music streaming service, has decided to step down. However, he will… Read More ›
Amazon lent $1 billion to sellers on its U.S., UK and Japan marketplace
With this move the e-commerce giant is overhauling the supply chain in its marketplace so as to retain sellers and prevent them from going to rivals such as Ebay and Wal-Mart. On Wednesday, an executive from Amazon.com Inc disclosed that… Read More ›
Airbus could finalise the sale of 17 jets to IranAir within 2 weeks
The urgency with which Iran is hoping to import the jets before the May 2017 presidential elections show that the issue is likely to be used to boost Iranian President Hassan Rouhani’s image as a pragmatist. Iran’s flag carrier, IranAir… Read More ›