The deal, as pointed out by Carl Icahn’s letter to Cigna’s shareholders, has at least two significant areas of concern. On Tuesday, billionaire investor Carl Icahn urged Cigna Corp’s shareholders to vote against Cigna’s $52 billion acquisition of Express Scripts… Read More ›
U.S. President
Germany will assist its companies to do business with Iran: German Economic Minister Peter Altmaier
European powers, including France, Germany and Britain are willing to maintain the landmark 2015 Iran nuclear accord while pushing for talks encompassing a wider format which includes Iran’s ballistic missile program and its activities in Yemen and Syria. On Friday,… Read More ›
Qualcomm signs 3 non-binding MOUs with Oppo, Xiaomi and Vivo
The potential deals were signed during U.S. President Donald Trump’s visit to Beijing. Their potential worth is difficult to assess since they are non-binding. On Thursday, the U.S. State Department stated that Qualcomm Inc has signed potential deals worth $12… Read More ›
U.S. President Donald Trump expected to name Jerome Powell as the next chairman of the Federal Reserve
Here’s how Powel’s appointment could impact the U.S. economy as well as the strength of its currency. On Thursday, U.S. President Donald Trump is expected to nominate Jerome Powell, the Federal Reserve’s Governor as the next chairman of the U.S…. Read More ›
Trump presides over Carrier to retain 1000 manufacturing jobs in its U.S. plant
Although the move by Carrier to keep nearly 1000 manufacturing jobs at its AC plant in Indianapolis will boost the local economy, the economics of such a decision needs to be studied since this could lead to significant price rise… Read More ›