As per a report from Barron, a financial newspaper, shoemaker Skechers USA Inc is likely to report an earnings growth on par with Nike Inc over the next three years. According to analysts’ estimate, Skechers’ earnings-per-share is likely to rise… Read More ›
growth
Norwegian economy to grow at 2.4% in 2020: Statistics Norway
On Thursday, Oslo’s statistical agency Statistics Norway (SSB) stated, Norway’s mainland economy, which excludes the volatile oil and shipping sectors, is likely to grow by 2.4% in 2020, up from a 2.2% prediction in September. In a statement, it said… Read More ›
Japan second biggest drugmaker Astellas Pharma to acquire Audentes Therapeutics for $3 billion
Japan’s Astellas Pharma Inc is set to acquire Audentes Therapeutics Inc for around $3 billion in a deal aimed at boosting genetic medicines – a key area of growth. Gene therapies are one of the hottest areas of drug research…. Read More ›
India to invest $1.39 trillion in infrastructure spending to boost economy: Finance Minister
In an effort to boost the Indian economy, the country’s finance minister Nirmala Sitharaman disclosed, she will unveil a series of infrastructure projects, later this month, as part of a plan to invest $1.39 trillion (100 trillion rupees) in the… Read More ›
Healthcare’s a central issue in the December 12 elections: Boris Johnson
On Monday, British Prime Minister Boris Johnson disclosed he has placed further cuts on corporation taxes on hold and he will be pumping in more money into services such as healthcare and made it a central issue in the December… Read More ›
China’s growth rate of industrial output for July touches 17-year low
On Wednesday, data from China’s National Bureau of Statistics showed that in July the country’s growth in terms of industrial output touched its 17-year low nadir, a pointer to growing cracks in its economy which comes at a time when… Read More ›
Irish manufacturing activity grows at a steady pace: PMI
Stockpiling and ramping up operations ahead of Brexit has helped in boosting production levels. As per the results of a survey released on Monday, Irish manufacturing activity grew at an almost identical rate in March compared to February. An increase… Read More ›
Brexit slashes Britain’s economic growth to lowest in a decade
The British Chambers of Commerce (BCC) has warned of greater economic harm if the geo-political scenario does not quickly get a more stable footing. As per the British Chambers of Commerce (BCC), companies across industry segments are looking to cut… Read More ›
Principal Financial Group Inc eyeing to purchase Wells Fargo & Co’s retirement plan services business
If all goes well with the potential deal, worth possibly more than $1 billion, an announcement could be made later this month. According to sources familiar with the matter at hand, Principal Financial Group Inc is in advanced talks to… Read More ›
Theresa May hopes to win Brexiters with 1.6 billion pound ‘Stronger Towns Fund’
To a great extent, the fund will be used in areas north of England which have not had a fair share of the country’s prosperity. May is scheduled to present a revised deal in parliament on March 12. On Monday,… Read More ›