Trump travel ban stirs faint corporate outcry beyond Silicon Valley
Most US corporate bosses have stayed silent on President Donald Trump’s immigration curbs, underscoring the sensitivities around opposing policies that could provoke a backlash from the White House. While the [...]
Volkswagen overtakes Toyota as the world's biggest carmaker
German carmaker Volkswagen (VW) nudged Toyota Motors from the top spot in global vehicles sales in 2016, results showed on Monday, Jan 30, in Tokyo, Japan. Toyota reported that its [...]Jack Ma’s Ant Financial Buys MoneyGram for $880 Million
Ant Financial, the financial technology company controlled by billionaire Jack Ma, stepped up its international expansion by buying U.S. money-transfer service MoneyGram International Inc. The $880 million transaction, Ant’s second [...]Uber fined $20M for misleading drivers about potential earnings
Uber has agreed to pay $20 million in a settlement with the US Federal Trade Commission (FTC) after it was found that the ride-sharing company made exaggerated claims about how [...]Emerging Markets PE firm Abraaj Group interested in Barclays Africa
Emerging markets focused Private Equity firm, Abraaj Group, has expressed interest in acquiring Barclays Group African business, Chief Executive Officer Arif Naqvi was on Tuesday quoted by Bloomberg. “It’s a very fine [...]Asia's oldest stock exchange BSE To raise $182 million in IPO
Indian stock exchange BSE Ltd's initial public offering (IPO) of shares next week may raise as much as 12.43 billion rupees ($182 million) for its investors, based on the indicative [...]Eastern EU has few migrants to bolster population sag
A double whammy' of emigration and unfavourable death and birth rates is depopulating eastern EU member states. The trend in several Central and Eastern European (CEE) countries for the death [...]BlackRock Inc. hires Buzzfeed Executive to lead global marketing
The World's largest Asset Management firm, BlackRock Inc. has hired a new global chief marketing officer from digital media company BuzzFeed as it works to bolster its business from individual investors. [...]Delta Air net profit falls 37 percent
Delta Air Lines on Thursday reported a 37 percent decline in fourth-quarter net profit and forecast passenger unit revenue, a closely watched metric, to be flat to up 2 percent in [...]Yahoo Says Its Not changing name to Altaba
Yahoo has announced that it will not be changing its name to Altaba, Yahoo Finance has dismissed the misleading information. The company which will change its name to Altaba is a company formerly [...]Tullow Oil CEO and founder to step down in April
Tullow Oil's long-serving CEO and founder Aidan Heavey is to step down in April and retire within two years, the company said on Wednesday as it announced lower than expected [...]Airbus delivered a record 688 commercial planes globally in 2016
European plane maker Airbus has logged a new delivery record for its commercial aircraft segment – not enough, though, to beat US rival Boeing. Airbus’ commercial aircraft deliveries in 2016 were [...]
