March 28, 2018 7:00 am
According to a report by Reuters, citing a person with knowledge of the matter, Amazon.com Inc and Casino Guichard Perrachon SA are currently in negotiations over a potential partnership or sale of the French retailer’s appliance and electronics chain in Brazil. Negotiations come after an agreement between the two entities, which involves the sale of […]
Read moreMarch 27, 2018 9:45 am
Boeing Company (BA) was reported to have delivered its first 787-10 jet to Singapore Airlines over the weekend. Goh Choon Phong, the airlines Chief Executive Officer, received the ceremonial key to the jet on the tarmac at Boeing’s facility in South Carolina where the carbon composite aircraft is manufactured. Boeing shares closed higher for a […]
Read moreMarch 27, 2018 7:21 am
According to a recent statement by Twitter Inc, the majority of advertisements associated with digital currencies are to be banned on its platform. Twitters decision follows a similar move by Facebook in February and an announcement by Google earlier in March that a ban on cryptocurrency ads is to take effect in June. Twitter shares […]
Read moreMarch 26, 2018 9:47 am
A regulatory filing by Goldman Sachs Group Inc (GS) revealed that total compensation for the banks Chief Executive Officer, Lloyd Blankfein, increased 9% in 2017, despite that a sharp drop in the groups trading revenue had almost halved its net income for the same period. Goldman Sachs shares closed lower for a third consecutive trading […]
Read moreMarch 26, 2018 7:41 am
According to a Friday report by Reuters, Ireland assigned Goldman Sachs Asset Management, BlackRock Investment Management and Amundi to oversee EUR 15 billion in disputed taxes, which the country had collected from Apple Inc (AAPL). Earlier this month, the Irish finance department announced that Bank of New York Mellon had been selected to administer an […]
Read moreMarch 23, 2018 10:44 am
An agreement has been inked between Ford Motor Company (F) and Indias Mahindra & Mahindra Ltd over development of mid-size and compact sports utility vehicles, a Thursday joint statement by the two entities revealed. The Ford-Mahindra cooperation is expected to continue for up to three years, the companies said. Ford shares closed lower for the […]
Read moreMarch 23, 2018 8:47 am
According to a person with knowledge of the matter, Morgan Stanley intends to boost its headcount in Paris by 80, after Britain parts ways with the European Union. Additionally, up to 200 staff will be transferred to the banks hub in Frankfurt. Morgan Stanley shares closed lower for a second consecutive trading session on Thursday. […]
Read moreMarch 22, 2018 10:55 am
At a special meeting in Fremont, California on Wednesday Tesla Incs (TSLA) shareholders voted in favor of a compensation plan, worth $2.6 billion, for the companys Chief Executive Officer, Elon Musk. Tesla shares closed higher for the first time in the past seven trading sessions on Wednesday. The stock went up 1.93% ($5.98) to $316.53, […]
Read moreMarch 22, 2018 8:12 am
A joint bid has been placed by Goldman Sachs and the Wellcome Trust charity for the acquisition of the commercial property estate of Britain’s Network Rail, Reuters reported, citing a spokesperson for the Wellcome Trust. Goldman Sachs shares closed lower for the second time in the past five trading sessions on Wednesday. The stock went […]
Read moreMarch 21, 2018 10:39 am
FedEx Corporation (FDX) said on Tuesday that 500 more FedEx Office stores would be opened inside Walmarts locations across the United States. The new stores are to be set up during the upcoming two years and are to complement FedEx Corps 47 stores it already has inside Walmart locations in six states. FedEx shares closed […]
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