Seeking release Renault chief Carlos Ghosn offers to wear ankle tags
Ghosn has offered to put up his stock in Nissan as collateral and be monitored by security to stay in Japan, where he has taken an apartment on lease
Business | Page 50 Of 66
WhatsApp to roll out update restricting WhatsApp forwards to five-per-user
The system is already in place in India, where WhatsApp had instituted the restriction in July 2018
Following announcement of JV between GSK-Pfizer, GSK Chairman to step down
Philip Hampton joined GSK as its chairman in September 2015
Bird Box's success adds 139 new subscribers to Netflix
According to Netflix's reports, Bird Box was watched by around 80 million households
Germany seeking ways to block Huawei from accessing 5G network
The move from Germany comes after the US, New Zealand and Australia have blocked Huawei from operating on the under-development 5G network
France looking to merge Renault-Nissan under ambit of one company
French finance minister Bruno Le Maire has suggested Jean-Dominique Senard, Michelin CEO as Carlos Ghosn's replacement as Nissan chairman
Substantial increase in vegetable oil prices estimated for 2019
Leading market analyst James Fry said that the prices of vegetable oil could increase by around $50-$100 a ton
Mexico pipeline explosion leaves 66 dead, exposes danger of fuel thievery
The explosion occurred after thieves ruptured a fuel pipeline on 18th January in Hidalgo state's Tlahuelilpan province
Slowing demand force Foxxconn to trim 50,000 contractual workers
The iPhone assembling company has ended the contracts of 50,000 workers in its Zhengzhou factory in China beginning in October 2018
Morgan Stanley CEO James Gorman's earns 7% pay increase in 2018
The company posted a 5% increase in its net revenue in 2018
German leaders write letter to Britain, appealing Brexit reconsideration
The newly-appointed leader of the Christian Democrats, Annegret Kramp-Karrenbauer was one of the German leaders who wrote the letter
French Government set to arrange Renault board meeting to oust Ghosn
the French Government had decided to move in to the subject matter and to dismiss Renault’s scandalized Chairman and Chief Executive Carlos Ghosn.
Snapchat CFO Tim Stone to step down, shares sour 8 percent
On Tuesday, the 15th of January, 2019, the Snapchat had announced that their Chief Financial officer, Tim Stone would be resigning less than a year after winning the job
Verizon amplifies Apple tie-up,to offer free music to US customers
On Tuesday, the 15th of January, 2019, the Verizon Communication Inc. had said that they would be including free Apple Music Subscriptions in some of their top-tier US data plans, reinforcing their tie-ups with the iPhone makers.
Huawei doesn’t spy for China, says Huawei founder
On Tuesday, the 15th of January, the Huawei founder, Ren Zhengfei claimed innocence of his company, saying Huawei had never been embezzled by Chinese Government to spy on other countries and he missed his daughter
UK parliament votes down May’s EU divorce deal by 230 votes
On Tuesday, the 15th of January, 2019, the UK lawmakers had defeated PM May’s Brexit divorce deal by a humiliating margin, triggering political turmoil which might lead to a disordered exit from EU or even a reversal
VW & Ford to team up on trucks, EV & self-driving technology
On Tuesday, the 15th of January, 2019, the Ford Motors Co. and Volkswagen had said that they would be joining forces on commercial pickups and vans, alongside, exploring the opportunities of electric cars
Netflix to hike prices for US subscribers, shares upbeat
Netflix Inc. is set to hike price on monthly fees for the US subscribers by between 13 to 18 percent, as they had been spending heavy money to create original contents and to expand their international operations
PG&E missed interest payment on 2040 notes, shares & bonds plummeted
The price of shares and bonds of PG&E corp. had experienced another hammering on Tuesday, the 15th of January, 2015, as the US’s largest utility company made a mess out of its market commitments
JPMorgan falls short of Q4 profit estimates on tottered bond trades
JPMorgan Chase & Co. had failed to reach the fourth quarter profit estimates, as record revenues, alongside strong consumer loan growth botched to compensate a slumped bond trading performance.
Singapore’s capitaLand seeks $4.4 billion Temasek real estate deal
The Singapore based real estate conglomerate, CapitaLand had been planning to fork a $4.4 billion trade deal to fishnet the industrial and logistic assets from the state investor Temasek, which could have crowned CapitaLand
Trump forecasts a trade deal done by January with China
On Monday, the 14th of January, 2019, the United States’ President Donald Trump forecast that the US and China could put an end to the “tit for tat” trade war by January, 2019, much earlier than expected.
Newmont wins largest gold producer title-race with $10b Goldcorp takeover
On Monday, the 14th of January, 2019, the Newmont Mining Corp had said that they would purchase their arch-rival Goldcorp in a deal worth of $10 billion, which would have titled them to be the largest gold producer in the world
Auto leader lambasts Trump Administration to conclude trade conundrum
On Monday, the 14th of January, 2019, global auto leaders had gathered on Detroit to call the Trump Administration and US congress to resolve the trade conflicts and put an end to the 23-day long partial government shutdown
Much-disputed Bank of China to enable payment in Yuan on US e-commerce
The New York Branch of Bank of China will be enabling the Chinese firms to receive payments in Chinese Yuan instead American dollars on US e-commerce platforms, an Official Xinhua News Agency report reveals on Sunday, the 13th of January, 2019.
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