Eddie Lampert, Sears Holdings Corp’s largest shareholder and lender, is hoping to use the proceedings to help Sears tide over liquidation ahead of the crucial holiday shopping season. According to sources familiar with the matter at hand, Eddie Lampert, Sears… Read More ›
operations
No direct fallout from renewed Iran sanctions: Nestle
Despite protests from U.S. allies, Washington has reclamped sanctions on Iran. On Tuesday, with the US sanctions being snapped back in place on Iran, Nestle, the world’s biggest food company, stated it does not see a direct fallout as a… Read More ›
New Zealand to purchase 4 Boeing P-8A Poseidon maritime surveillance aircrafts for $1.6 billion
The strategic deal will strengthen New Zealand’s diplomatic ties to the United States and underscores the government’s will to vigorously increase patrolling and surveillance operations in the region. On Monday, New Zealand’s Defense Minister Ron Mark stated, New Zealand has… Read More ›
Goldman Sachs picks Dublin for its asset management business post Brexit
Luxembourg and Dublin have emerged as favorites among firms who are shifting their European operations from Britain following Brexit. According to sources familiar with the matter at hand, Goldman Sachs has picked Dublin as a location for its administrative staff… Read More ›
Goldman Sachs to st up office in Poland, hire 500 people for its backoffice operations
Cities across the European Union have become prime destinations for international banks in the wake of Britain deciding to leave the European Union. On Tuesday, Goldman Sachs stated it is looking to add 250 more staff to its roaster in… Read More ›
Any of Wal-Mart’s offering can now be bought online or at its brick-and-mortar-store
This strategic move will help minimise redundancies in its purchasing strategy, streamline it operations, and help it capitalise on its expertise of being able to provide offerings in its product basket for the lowest possible price. In what is likely… Read More ›