14 Feb, 2018
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HSBC has a three year head start on their foreign investment banking competitors in China due to their management control of their securities venture. Currently, non Chinese groups are limited to only 49% per cent stakes in joint ventures. However, ..
On Wednesday, Ford Motor Company (NYSE: F) signed deal with Anhui Zotye Automobile Co Ltd (SHE:000980), a China-based company, to build, market and distribute electric cars under a new brand in China.Zotye Automobile Co Ltd, which was based in China..
The National Institutes of Health and 11 biopharmaceutical companies today launched the Partnership for Accelerating Cancer Therapies (PACT). This is a five-year-public-private research collaboration totaling $215 million as part of the Cancer Moons..
Wal-Mart Stores Inc (NYSE: WMT) together with Alphabet Inc (NASDAQ: GOOGL) announced a partnership. Together the two companies plan to compete against Amazon.com, Inc. (NASDAQ: AMZN). The partnership will focus on providing customers with voice shop..
Yelp Inc. (NYSE: YELP) shares rose more than 27 percent on Friday after the company announced quarterly earnings that beat analysts’ estimates and to sell its online food-ordering business Eat 24 to GrubHub.Yelp agreed to sell Eat24 to GrubHub..
Dish Network (NASDAQ:DISH) released its second quarter earnings on Thursday, missing analysts estimates, but the satellite TV operator was able to limit its subscriber losses.The company reported a revenue of $3.64 billion for the quarter ending bac..
PayPal Holdings Inc. (NASDAQ: PYPL) released Q2 earnings yesterday, prompting a further increased valuation in their guidance for FY2017.The stock opened at $61 today, up from yesterday’s $58.8 close, but has since dropped to $58.4. The compan..
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