- March 30, 2019
- Mary Turner
Saudi Arabia’s Kingdom Holdings to Invest Money from Careem Sale in Europe
The sale of middle-eastern ride-hailing company Careem for $3.1 billion to Uber has proven to be one of the biggest acquisitions this year, and considering the fact that the American…
Read More- March 30, 2019
- Mary Turner
Reuters Poll Reveals Improving Outlook Over China Home Prices
The economic slowdown in China has proven to be a dampener for a range of sectors in the world’s second biggest economy and home prices have taken a hit as…
Read More- March 29, 2019
- Leon Teague
AstraZeneca Partners With Daiichi Sankyo in $6.9 Billion Deal to Develop and Sell Cancer Drug
British pharma giant AstraZeneca has signed a deal with Japanese drug manufacturer Daiichi Sankyo in order to develop and also market trastuzumab deruxtecan, a cancer drug. The deal will, however,…
Read More- March 29, 2019
- Leon Teague
Goldman Sachs’ Chinese Fund Acquires US Firm Despite Trade Tensions
The trade tension between the United States and China has been the biggest development in the world of business and trade over the past few months. Despite the fact that…
Read More- March 29, 2019
- Kelly Clark
Huawei should be ‘Interoperable’ in Europe, says AT&T CEO
Huawei has been in the crosshairs of the United States authorities for the past few months, and it also led to the ban on the Chinese tech giant’s telecommunication equipment…
Read More- March 29, 2019
- Charles Hoff
Hong Kong Launches New Era of Banking with Online only Banking License to StanChart
For the past few decades, Hong Kong has become the pioneer as far as financial innovation is concerned, and the Asian financial hub has taken another step with the issuance…
Read More- March 27, 2019
- Leon Teague
Merck Launches $5.9 Billion Hostile Takeover of Versum
In a move that might come as a surprise for many, the German pharmaceutical giant Merck KGaA has decided to further increase its hold over the semiconductor market and started…
Read More- March 27, 2019
- Mary Turner
Yields, Equities on a Spiral, Gold High
Gold prices reached a one month high as the demand for it increased as a safe bet as equities and Treasury yields made a fall due to concerns over global…
Read More- March 27, 2019
- Charles Hoff
German Business Confidence Improves, Out of Impending Recession
The Ifo Index which is an indicator of business climate for Germany’s economic activity and is prepared by the Institute for Economic Research in Munich rose in March, and that…
Read More- March 26, 2019
- Stephen Beck
Aramco’s Delayed IPO Puts US Subsidiary Motiva in a Fix
The proposed initial public offering of Saudi Aramco was supposed to be the world’s first trillion dollar listing, and naturally, it would have meant more money for the Saudi owned…
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