Crushed By Debt And Online Rivals, Toys ‘R’ Us Seeks Bankruptcy

Thanks to a crushing debt load from a previous buyout and relentless competition from warehouse and online retailers, the once-dominant specialty retailer and ultimate toyland for a generation of post-war baby boomers – Toys “R” Us Inc., filed for bankruptcy. The gravitational pull of Amazon.com Inc., which has revolutionized the way people consume with affordable…

Citi’s Top Political Analyst Says A Korean Military Conflict Could Mean World War III

A global could be a possible ultimate result of there is an outbreak of military conflict on the Korean Peninsula and that would be destabilizing for the region, according to Citi’s top global political analyst. Tina Fordham, managing director and chief global analyst at Citi said that the extent of the damage from such a…

U.S. Chipmaker Lattice Barred From Being Taken Over By Chinese-Backed Firm By Trump

Sending a clear signal to Beijing that Washington will oppose takeover deals that involve technologies with potential military applications, U.S. President Donald Trump blocked a Chinese-backed private equity firm from buying a U.S.-based chipmaker. The first announced deal for the buyout fund, which launched last year with a focus on technology investment, one of the…

While Analysts Argue Its Outlook For Growth, Emerging Markets Are Outperforming Developed Markets

Analysts have conflicting views about the emerging market’s (EM) growth outlook despite the fact that this sector has continued to grow faster than developed markets and produced higher returns this year. According to a UBS report, compared to developed markets 2.25 percent, the gross domestic product growth is around 4.5 percent year on year for…

EU Cannot Forget ‘Tragic’ Brexit Even As It Puts The Moment Out Of Its Focus

The European Union mentioned the United Kingdom once and avoided the word Brexit in a key six-thousand-word speech. redirecting all Brexit related issues to a team that only deals with Brexit has been the strategy of the European Commission – Europe’s leading Brexit negotiator, since the U.K. voted to leave the bloc. The Commission would rather talk about…