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Toshiba to speed up talks with Bain over chip business sale
Wed, 13 Sep 2017 04:22:57 GMT
According to the Nikkei newspaper, Toshiba has signed a memorandum to accelerate negotiations over its memory chip business sale with Bain, while talks with Western Digital are still running. >>
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WhatsApp co-founder to leave his company
Wed, 13 Sep 2017 03:34:05 GMT
Brian Acton, the co-founder of WhatsApp, which is now owned by Facebook, announced that he would leave the messaging service business to begin a new foundation.  >>
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Trump to visit China during Asia trip in November
Wed, 13 Sep 2017 03:33:40 GMT
The US President Donald Trump is likely to make a stop in China during his first Asia trip in November, an unidentified US official stated. >>
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JPMorgan Chase&Co CEO is against Bitcoin
Tue, 12 Sep 2017 20:10:26 GMT
JPMorgan Chase&Co CEO Dimon stated that Bitcoin, virtual crypto-currency, is a fraud and it would not work because the currency was invented from a "thin air". >>
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Goldman to unveil $5B worth growth plan
Tue, 12 Sep 2017 20:09:30 GMT
Goldman Sachs Group Inc has unveiled a growth plan, which could increase company's annual revenues by $5B and could help them to deal with poor trading quarters. >>
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Wall Street banks warn about poor trading revenue in Q3
Tue, 12 Sep 2017 19:55:29 GMT
Executives from three Wall Street banks warned on Tuesday that trading revenue from stocks and bonds was expected to be poor in Q3 due to reduced market activity and volatility. >>
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Goldman Sachs outlines three-year growth plan
Tue, 12 Sep 2017 19:54:47 GMT
Goldman Sachs Group Inc presented on Tuesday its growth initiative that is expected to add $5B to annual revenue within three years. >>
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Germany to soften stance on arms sales to Turkey
Tue, 12 Sep 2017 19:14:25 GMT
Chancellor Merkel stated that Germany would restrict only some arms sales to Turkey, softening the previous announcement since it could hurt the fight against the Islamic State. >>
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US Treasury doubts corporate tax goal of 15%
Tue, 12 Sep 2017 19:07:54 GMT
The US Treasury Secretary Mnuchin stated that the goal of Trump's Administration to cut the corporate tax to 15% will be unattainable. >>
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EU and Britain to postpone Brexit talks
Tue, 12 Sep 2017 18:02:11 GMT
The EU and Britain will postpone Brexit negotiations until the end of September to let PM May make the key speech on September 21. >>
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Global carmakers to invest in zero-emission cars
Tue, 12 Sep 2017 18:01:40 GMT
The global carmakers, such as Volkswagen, PSA Group and Daimler, have announced their desire to invest in electric vehicle programs in the nearest future. >>
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Apple unveils new iPhone and other upgraded devices
Tue, 12 Sep 2017 17:20:39 GMT
Apple Inc has launched a completely redesigned iPhone 8 along with two other phones, as well as the company presented upgraded Apple Watch and Apple TV. >>
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Murdoch's $15B takeover of Sky is thrown into doubt
Tue, 12 Sep 2017 17:08:47 GMT
Murdoch's anticipated $15B takeover of Sky, European broadcaster, was thrown into doubt when Britain tightened up its stance over the US Fox News' standards. >>
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NFIB Small Business Index hits 105.3
Tue, 12 Sep 2017 16:31:59 GMT
Data released by the National Federation of Independent Business revealed that the index of small business optimism was up 0.1 point to hit the 105.3 mark in August. >>
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US job openings reach 6.17M in July
Tue, 12 Sep 2017 16:31:11 GMT
The US Bureau of Labour Statistics reported on Tuesday that the number of job openings in the country rose to 6.17M over the month of July. >>
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