- 29 November, 2024
SoftBank’s New Venture Capital Fund to help Early Startups
SoftBank, which is a Tokyo based Telecommunications and Internet company launched in 1981 and has business interest across finance, media, e-commerce, marketing, and broadband announced
China Export Orders Drop to Lowest In a Decade
The economic slowdown in China coupled with the country’s trade war with the United States seems to have had a hugely adverse effect on the
UAE Oil Firm Enters in a $4 Billion Deal with BlackRock and KKR, also Partners with Korean Companies
The government-owned oil company, Abu Dhabi National Oil Co. (ADNOC) signed a $4 billion deal on Sunday with the US-based BlackRock and KKR, giving them
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.
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
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,
Ripple CEO Brad Garlinghouse calls “JPM Coin” a Deeply Misguided Solution
J.P. Morgan Chase, the major U.S. bank announces its first cryptocurrency: “JPM Coin.” This cryptocurrency is based on blockchain-based technology that enables the instantaneous transfer
Nestle’s Growth Picks up As Overhaul Takes Effect
When it comes to large global companies, an overhaul is not often successful simply because it takes a lot to move the dial for behemoths.
Hope Of Trade Talks Rises Gold Prices
On Thursday, Gold prices increased on the hope that the US Federal Reserve will keep the rates unchanged for this year. Many Reserve Bank Officials
Amazon Backs Out of New York
Amazon was eagerly waiting to introduce a new Headquarter at the Long Island City of New York, but later they planned to back out. On