The British manufacturer of sports cars Aston Martin Holdings Ltd announced its intention to conduct an initial public offering on the London Stock Exchange (LSE). As stated in the company's press release, the relevant documents have been sent to the Financial Conduct Authority (FCA). Dow Jones...

Lack of investment opportunities, high penetration of smartphones and the Internet, as well as the rapid growth of household wealth, created unique conditions for financial services in China, reports CNBC. State or state-affiliated creditors make up most of the local banking system. They...

Despite the slowing of outbound investments from China, in the first half of the current year 20 per cent of all global assets disposed by global funds were amassed by Asian investors making them the most active net buyers of commercial property. According to international property consultant...

The much awaited and talked about Initial Public Offering (IPO) of 5 per cent of the state owned largest oil company of Saudi Arabia – Saudi Aramco, has been shelved.   It has been two years since the idea of the largest ever IPO was floated by the Crown Prince of Saudi Arabia Mohammed bin...

In a battle among staying ahead in the automotive industry, Toyota unites four of its group firms to strengthen itself. In an attempt to compete better with the “automotive component giants” like Bosch Group, Toyota Motor Corp will bring four of its group firm in a “joint venture”, wherein they...

The large mobile payments companies in China have barred the use of and transactions related to cryptocurrencies and this move would make is harder for the proponents of cryptocurrencies to trade in them I the country.   Close monitoring to identify any transaction with crypto currencies on...

There are allegations placed against German auto maker Volkswagen hat the activities of the company is ruining crops near one of its manufacturing units. It has been alleged that the company has been using a technology that is changing the local weather.   The auto maker has been accused by...

The new data privacy regulations of the European Union have put in jeopardy a number of smaller tech firms that track people online while it has strengthened the position of tech giants like Google and Facebook with respect to the online advertising industry that is worth about $200 billion....

Bosch thinks that fuel cells that are efficient and have low emissions will prove a game changer in the energy system. Bosch, the automotive supplier from German, revealed that it will be taking 4% stake in Ceres Power Holdings of Britain, in an attempt to develop together the “next generation of...