Chinese authorities have locked down two entire cities as they struggle to contain the outbreak of the new coronavirus which has so far reportedly killed 17 people and has infected more than 600 people, even as countries across the world… Read More ›
Ukraine’s Defense Ministry disclosed, Kyiv will be purchasing a second consignment of U.S. Javelin anti-tank missiles and launch units. Following Russia’s annexation of Crimea in 2014, the United States has emerged as one of Kiev’s strongest supporters. An outbreak of… Read More ›
Laws pertaining to Brexit are scheduled to be tabled in parliament on Friday, said Prime Minster Boris Johnson’s spokesman. The bill aims to formalize the terms of the agreement that was negotiated by Johnson and the EU into law. The… Read More ›
In a significant development, Chevron Corp stated, it will be writing down the value of its assets by $10 billion to $11 billion this quarter; the U.S. oil major is also considering selling some of its natural gas projects as… Read More ›
There is renewed interest among U.S. Treasury officials in ultra-long bonds. As per a report from Bloomberg, U.S. Treasury Secretary Steven Mnuchin is seriously weighing the possibility of issuing ultra-long U.S. bonds. According to the report, the matter is “under… Read More ›
BlackRock’s new private equity fund invested made its maiden investment in Authentic Brands and emerged as its single largest investor. In a significant development, BlackRock Inc’s new private equity fund – Long Term Private Capital (LTPC) – has completed its… Read More ›
It would be interesting to see Bayer’s due diligence for its acquisition of Monsanto since even before Bayer’s $63 billion acquisition of Monsanto, the latter was facing lawsuits related to its Roundup weedkiller. According to two of Bayer’s largest German… Read More ›
While BlackRock posted a net income of $6.61 per share, in the three months ended March 31, analysts had expected a profit of $6.13 per share, according to IBES data from Refinitiv. On Tuesday, BlackRock Inc quaterly profit beat analysts’… Read More ›
The 30% hike is reflective of Tidjane Thiam’s stewardship of the bank and was contingent on meeting a number of targets. On Friday, Credit Suisse’s annual report showed, that it has awarded its Chief Executive Tidjane Thiam a compensation of… Read More ›
The development assumes strategic importance for primarily two reasons, 1) an alternative to Russian energy supplies and 2) LNG is set to dominate the fossil fuel market in the near future and and companies are racing to get a dominant… Read More ›
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