Ford sees surprise Q2 profit despite chip shortage and manufacturing hassles

Ford sees surprise Q2 profit despite chip shortage and manufacturing hassles

By Christy Gren - Jul 30, 2021

“The business is ‘spring loaded’ for a rebound when semiconductor supplies stabilize and more closely match demand.”

Read More
Royal Dutch Shell buyback lifts investor sentiment

Royal Dutch Shell buyback lifts investor sentiment

By Christy Gren - Jul 29, 2021

Royal Dutch Shell commences share buybacks before the end of this year while reducing its first quarter dividend to 16 cents per share, a 66% cut.

Read More
Bill Ackman's Pershing Square Spac drops plans to acquire 10% of Universal Music Group

Bill Ackman's Pershing Square Spac drops plans to acquire 10% of Universal Music Group

By Christy Gren - Jul 20, 2021

Ackman’s maiden effort takes a turn by dropping the acquisition of 10% of the stakes in Universal Music Group. The deal is planned to lead on with the Pershing Square hedge fund.

Read More
Germany’s economic rebound slowed by global chip shortage; challenges at bay

Germany’s economic rebound slowed by global chip shortage; challenges at bay

By Anna Domanska - Jul 09, 2021

The Association of German Automobile Manufacturers (VDA) cut its growth forecast for 2021 car sales to 3% from 8%, citing a global chip shortage affecting assembly production. The

Read More
The Best Performing Sectors of 2021

The Best Performing Sectors of 2021

By Anna Domanska - Jun 03, 2021

Stock markets shattered a year ago as the impact of the Covid-19 pandemic on economies around the globe created havoc. To stop the spread of coronavirus, governments gave stay-at-h

Read More
IMF says the world needs to commit $50 billion to combat the pandemic

IMF says the world needs to commit $50 billion to combat the pandemic

By Anna Domanska - May 24, 2021

The International Monetary Fund, IMF, says that the world would need $50 billion to fight the pandemic. It proposes that the commitments from the various countries and agencies can

Read More
M&As to leverage AI and deep learning post-Covid

M&As to leverage AI and deep learning post-Covid

By Anna Domanska - May 17, 2021

In a post-COVID-19 world, the role of Mergers and Acquisitions (M&A) will be redefined. Companies striving to defend their existing markets and accelerate recovery are looking

Read More
Small business groups form coalition to lobby for strong antitrust laws

Small business groups form coalition to lobby for strong antitrust laws

By Anna Domanska - Apr 08, 2021

Small merchant groups are coming together to rally for strong antitrust laws to prevent big conglomerates like Amazon from swallowing up the smaller traders and businesses. Trade g

Read More
Luxury car sales witness a boom during Corona times as bored rich and famous splurge

Luxury car sales witness a boom during Corona times as bored rich and famous splurge

By Anna Domanska - Apr 03, 2021

The automobile industry witnessed a downturn during the Pandemic, with most of the world in a lockdown and people avoiding big purchases. But one segment of the sector seems to hav

Read More