- According to the Wall Street Journal quoted people familiar with the matter, SoftBank has prepared a financing plan to control WeWork and further let the company’s founder, Adam Neumann, move out. In addition, sources told The WSJ that SoftBank at present owns one-third of WeWork, but its goal is to reinvest billions of dollars in […]
- Santos Ltd., an Australian energy company, agreed to acquire ConocoPhillips’ operations in North Australia for $1.4 billion. The acquisition will increase the growth of Asia Liquefied Natural Gas (LNG) market by strengthening the position of Adelaide-based oil and gas producer. The deal could make Santos the largest independent energy producer of Australia. This will drive […]
- The Trump administration issued a partial but fully qualified statement denying that it is discussing restrictions on China’s commitment to US companies investing in Chinese companies and financial markets. China vows to open its markets to foreign investment. On Friday, Bloomberg reported that Larry Kudlow, president of the National Economic Council of President Donald Trump […]
- The Business roundtable consists of CEOs of the top companies around America. In a recent survey, it’s been found that chief executives of the nation’s biggest companies have lowered their expectations about the growing US economy. They said the US economy would grow at 2.3 per cent as compared to last quarter’s 2.6%. Other than […]
- Chinese trade negotiators who earlier this week came in Washington to discuss the trade deals have suddenly changed their plans. At first, they were going to visit Montana and meet US farmers, but it seems like trade negotiators decided to cut their US trip by going there. According to the Montana Farm Bureau Federation, Chinese […]
- According to reports Casino Magnate and a top Republican donor, Sheldon Adelson warned Trump about the escalating problems caused by a trade war with China. The report shows that Adelson called Trump a few days ago and talked about the trade war which he started with China and possible effects which might cause him during […]