- 1 November, 2024
General Electric Agrees $21 Billion Sale of Its Biopharma Business to Danaher
In a significant development, General Electric announced on Monday that it had signed an agreement with Danaher Corp regarding the sale of its biopharma unit.
European Companies Rise Amidst Marginal Pressure
Europe’s benchmarks set for shares rose marginally on Friday while companies like Sweden’s Elekta and France’s Sopra Steria saw a huge rise in stocks as
Balance Sheets Needs To Be In Line With Rates: Fed President
San Fransisco Fed President Mary Daly on Wednesday said that the Federal Reserve should keep the balance sheet policy in-line with the interest rates as
Oil prices soaring at 2019 highs while OPEC cuts supply and U.S sanctions on oil exporters
On Wednesday, the crude oil prices were flying up at near 2019 highs, backed by supply cuts led by the Organization of the Petroleum Exporting
Indian Supreme Court Orders Anil Ambani to Pay Ericsson $77 Million
The Supreme Court of India had dealt a major boost to Ericsson when it ordered Reliance Communications chief Anil Ambani ordered him to pay the
Ford to Exit Truck Business in South America
American automobile manufacturing giant Ford Motor Co is all set to exit the truck manufacturing business in South America, and as a part of that
No Deal Agreed as US-China Talks Halt
The trade war between the United States and China has been one of the biggest talking points in the world for quite some time now,
Mexico Nudges its Unbanked Population to Mobile Payments
The switch to mobile payments has continued apace over the past decade and needless to say, it has brought financial inclusion for previously unbanked sections
Payless Announces Withdrawal of Business From US, Liquidation Sales to Start Today
The discount-shoes retail chain, Payless ShoeSource Inc. announced that it would be shutting down its business in the United States. Along with the retail stores,
Launch of JPMorgan Chase’s digital coin – JPM, a turning point in the crypto world
Cryptocurrency, a revolution in the world of coins, has reached another step higher with JPMorgan Chase- America’s largest bank and the first US bank. They