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According To S&P, China's Fiscal Stimulus Is Becoming Less Effective 04/19/2024

Florida Woman Who Alleged Baby Powder From J&J Triggered Her Cancer Loses Lawsuit 04/19/2024

Hong Kong Is Expected To Approve Its First Spot Bitcoin ETFs In April – Reports 04/14/2024

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Business & Finance

Volume of cross-border M&As falls by 45% in the first half of 2019

According to Refinitiv, in the first half of the year, the global volume of mergers and acquisitions (M&A) amounted to $ 2 trillion, which is 12% less than in the first half of last year. At the same time, the volume of cross-border transactions fell sharply by 45%. In addition, activity in Europe...

Top 3 most successful IPOs of 2019

The current year brought quite a few large IPOs. Shareholders who had time to invest in the most successful "newbies" are now reaping the fruits of their success. So which recent debutants showed the best results? Beyond Meat, MMTec and ShockWave Medical have become the biggest players in the IPO...

In An ‘Extensive Overhaul’, Deutsche Bank May Slash Twenty Thousand Jobs

In order to turn the investors, after the failed merger attempt, the Deutsche Bank is planning a major revamp. The supervisory board of Deutsche bank is scheduled to meet on July 7, 2019 for discussing on an “extensive overhaul”. The said restructuring may cut as many as “20,000 job”, revealed...

Alitalia finds a savior

Bolivian entrepreneur of Polish origin German Efromovich announced his plans to buy out a stake in the problem Italian air carrier Alitalia. According to Mr. Efromovich, he could easily buy up to 30% in Alitalia, which is undergoing bankruptcy and is under external control, and do what no one has...

Google Misused Dominant Android Position, Probe By Indian Watchdog: Reuters

An investigation by Indian authorities on the business practices of Google has found that the dominant market position of the company in India has been misused by it and that capacity to choose alternate versions of its Android mobile operating system by device manufacturers has been curtailed,...

Uber stock climb above placement price for the first time since IPO

On Thursday, papers of Uber Technologies taxi service finished trading on the New York Stock Exchange above the price of accommodation for the first time in a month. On the eve, the stock rose in price by 6.2%, to $ 45.13 per share. In mid-May, trading started at $ 45 per share, when the company...

Huawei Staff & China Military Members Worked Together In Research Projects: Reports

Over the last decade, employees of the Chinese tech giant Huawei Technologies Co had worked in projects alongside members of the Chinese armed forces ion at least 10 such projects, claimed a report published by Bloomberg citing information from various sources. The report also claimed that those...

H&M net profit falls by 11% in the first half of 2019

Swedish Hennes & Mauritz AB (H&M), the owner of Europe’s second largest clothing store, released data showing that net profit for the first half of the 2018-2019 fiscal year ending May 31 decreased by 11% yoy, to 5,372 billion SEK ($ 579.5 million). At the same time, during the reporting...

Analysts’ Take On Natixis’ Attempts Of Dealing With H2O Situation

Learn about what Credit Suisse and KBW has to say after attending Natixis’ top management meeting. Natixis, the French Bank, discussed with equity analysts for finding a way of winning back the confidence of the investors after it witnesses a “withdrawal of clients’ money from its H20 asset...

FIdelity, Facebook help Bitcoin hit six-months high

On Monday, the value of Bitcoin updated the sixteen-month maximum, hitting above the level of $ 11 thousand. The volume of open positions in futures contracts for the digital currency updated the historical maximum. Institutional investors are increasing their investment in crypto assets because...