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Xi Jinping's Diplomatic Outreach In Latin America Amid Tensions With The U.S. 11/17/2024

Climate Finance At A Crossroads: G20's Role In Tackling Global Warming 11/16/2024

U.S. Economy Shows Resilience Amid Uncertain Interest Rate Prospects 11/16/2024

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Management

GE changes the personnel management system

General Electric is reviewing its approach to evaluation and remuneration of staff. For decades, GE had defined an ideal employee as one who fights product defects and does not admit uncertainty. Now, however, the company’s executives argue that the best performers are those who are willing to take...

Forbes: Theranos CEO is not a billionaire

In 2014, founder of Theranos Elizabeth Holmes persuaded investors that her business is worth $ 9 billion. After a series of reputation scandals, this amount dropped to $ 800 million. Today, Forbes lowered assessment of Holmes’ wealth nearly to zero. American Forbes has lowered its assessment of...

An Experienced Manoeuvring At M&S Through The Fall Of Profit

Clothing turnaround proves disappointing while the food sector performs well. Reviewing the entire year’s profit of Marks & Spencer, the company reported a drop of “18.5%” profit margin. This synched with the new C.E.O, Steve Rowe, taking over his position, whereby it seems like a warning which...

Asian airlines created the largest low-cost alliance

Eight Asian budget airlines have created the world's largest low-cost airlines alliance. Malaysian AirAsia, Jetstar and Australian Indian IndiGo have not yet enrolled in the union. Eight discounter airlines have created the world's largest alliance of low-cost carriers, said Bloomberg citing the...

Is it possible to fully automatize the banking sector?

Movement Mortgage, established in 2008, wants will be issuing 10% of mortgage loans in the United States by 2025, according to the company’s website. In 2015, Movement Mortgage has issued $ 7.38 billion of loans, that is, 1.3% of the US mortgage market. The company is only eight years old, and it...

Oracle Plans On Buying Textra

The initial reports revels Oracle’s plan on acquiring Textra. Rishika Sadam from Bengaluru, India reported to Reuters that the Oracle Corp are most likely to purchase the Textura Corp. The latter is a provider of “cloud-based payment management services”. Moreover, the purchase deal is...

Merger Deal Revisited

Starwood Hotels reconsider Marriott’s revised bid. Starwood Hotels & Resorts is ready for Marriott International’s revised bid at “$79.53 per share or $13.6bn”. The said deal overshadows the “$13.2bn” offer of Chinese consortium led by Anbang Insurance Group. The shareholders of “$21...

Volkswagen To Expand The Fine Margin

The reports propose two alternate possibilities for the VW’s next course of action regarding its emissions scandal. Volkswagen, the German carmaker, has reported that the company will be raising its provision level for the “emission scandal”, whereby the amount will increase to “€10bn and €20bn...

Numis Reiterate Sky’s Add Rating

Sky reports a revenue growth besides growth in other sectors. Following the reports of Sky’s “quarterly interims”, Numis repeated an ‘add’ rating and target price of 1,250p for Sky”. According to the broadcaster, within a span of nine months which ended in the month of March 2016, its...

Drax’ Optimism Towards Quitting Coal Usage

Keeping sustainability a main objective Drax is working hard to turn into a “predominantly” biomass user. According to the Chairman of Drax, the “2025 deadline” for ending the “use of coal generation” could be beaten by the “FTSE 250” Power Company. The said statement came prior to the “general...