A call for immediate measures for stopping resource extraction to save the world from depletion was given by the United Nations Environment Program (UNEP) on Tuesday. According to the UNEP, the depletion of resources across the world has tripled since the 1970s. Increases in the extraction of materials was identified as the factor that has…
HSBC Holdings Plc is now on a mission of targeting to bring in its fold the richest people residing in the fastest growing region of the world in terms of generation of wealth. According to Tan Siew Meng, Asia Pacific head of global private banking of the London-based bank, a team top cater to and…
Following unconfirmed reports in the media, United States based chip making giant Nvidia confirmed on Monday that it was set to acquire the Israeli chip designer Mellanox Technologies for $6.8 billion. According to reports, this bid by Nvidia was more than an earlier bid made for the company by Intel Inc. The acquisition would help…
An investment of $400 million by the sovereign wealth fund of Saudi Arabia was returned back to the investors of the Middle Eastern country by Endeavor talent agency, essentially following up on its promise not to establish any new ties while also eliminating older ties with the kingdom as a mark of opposition to the…
Calls for an unified common standards with verifiable facts needs to be created and imposed in case of cyber security was made by Chinese tech giant Huawei. “Trust needs to be based on facts, facts must be verifiable and verification must be based on common standards. We believe that this is an effective model to…
There has been a contraction in the manufacturing activity in China for the third consecutive month in February 2019 according to data released by China’s National Bureau of Statistics. The Purchasing Managers’ Index (PMI) dropped to a level below the expectations of analysts. This level also marks the lowest level of the official manufacturing PMI…
Warnings of additional cash problems in the coming time were issued by the newly appointed CEO of General Electric Co. even as the company is facing some tough problems in revenues and profits which resulted in a significant drop in the shares of the company as investors lost confidence in the nascent turnaround efforts of…
Companies that do not have any women directors or have a not so clean history with respect to taxes is being planned to be put under pressure by a group of Christian church investors in the UK. The Church Investors Group has pension fund members with £21bn in assets. Those large companies that have poor…
The Luxury British car manufacturer maker Aston Martin is in the process of making continuous investments in the development and manufacturing of new models and a second manufacturing unit as a part of its turnaround strategy and this drove down the adjusted pre-tax profits for the company in 2018. The company reported a year on…
According to Public Relations experts, Chinese tech company Huawei is in fact benefitting from the extensive and global coverage that the company is getting because of the call of the United States to ban the company and its urging of the its allies to do the same. The US fears that the telecom equipment supplied…
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