In a significant development, the Sunday Times reported, British finance minister in the upcoming budget in March, Rishi Sunak is likely to raise taxes on businesses to pay for the Government’s COVID-19 support schemes. During his March 3, 2020 speech,… Read More ›
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Passenger airlines industry could lose up to $113 billion revenues in 2020 because of Coronavirus: IATA
On Monday, in a statement the Airports Council International (ACI) Asia-Pacific stated, airport passenger traffic in the Asia-Pacific region is likely to shrink by 24% due to China’s coronavirus, thus causing a loss of $3 billion in airport revenues. Cancellation… Read More ›
Activist investor Trian Fund Management LP takes a $3.5 billion stake at P&G
While this marks the largest ever investment by an activist investor in Proctor & Gamble, it is interesting to note that the company has made significant strides in boosting its revenues in the last quarter especially in the healthcare and… Read More ›