On Friday, in a statement the South Korean government said, it will raise its greenhouse gas reduction target to 40%, up from 26.3%, by 2030, as part of its efforts to achieve carbon neutrality by 2050. The revision of the… Read More ›
Target
Lockheed Martin meets 2019 delivery target
Lockheed Martin Corp stated, it has reached its 2019 target of delivering 131 F-35 fighter jets to the United States and its allies, marking an increase of 47% as compared to the last year. Lockheed Martin Corp, the world’s largest… Read More ›
U.S. manufacturing improves marginally during second quarter
Manufacturing activity along with capacity utilization in the manufacturing sector are indicative of how much more the economy may be able to grow before inflation becomes a concern. There has been an acceleration in U.S. manufacturing output for the second… Read More ›
Private equity firm Apollo Global Management LLC acquires Shutterfly for $2.7 billion
Shutterfly’s business has become increasingly commoditized and competitive, forcing it to explore a sale. Apollo Global Management LLC, a private equity firm, has agreed to acquire U.S. digital imaging company Shutterfly Inc for $2.7 billion, including the company’s $900 million… Read More ›
Britain must stop funding fossil fuel projects abroad: lawmakers
Not only is such funding not aligned with Britain’s efforts to reduce greenhouse gases and carries risks for taxpayers but also as a result of stricter emission reduction targets, and as renewable energy becomes cheaper, companies could be left with… Read More ›
Japan’s central bank likely yo end market stimulus: Haruhiko Kuroda Governor BOJ
Having met its targeted inflation level of 2%, Japan’s central bank has stated it would end its loose monetary policy. In an interview to Bloomberg, Haruhiko Kuroda, the Governor of the Japan’s central bank stated, the Bank of Japan is… Read More ›
Tesla Motors’ Model 3 delayed by production bottlenecks
Tesla is expecting to ramp up its production to 1,500 Model 3 a week. After Tesla Motors’ announcement that its mass market Model 3 sedan was facing production bottlenecks, its shares slipped by 2% before the closing of the bell… Read More ›
Apple could make history as the first listed company to hit the $1 trillion market cap milestone
If you are wondering why Apple’s share has been the darling of investors, including Warren Buffet, this is an eye opener and makes a fascinating read. On the day Apple launched its newest flagship, the value of its stock price… Read More ›
Donald Trump’s clever strategy of divide and rule
Donald Trump’s proposal voiced through House Republican to levy a 20% tax on goods imported to the United States while totalling eliminating tax on U.S. imports and revising tax rates of corporates have divided Corporate America like never before. Companies… Read More ›
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