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News & Updates

November 7, 2017 Broadcom bids $103 billion for Qualcomm, open to going hostile

Source: Reuters

Chip maker Broadcom Ltd made an unsolicited $103 billion bid for Qualcomm Inc on Monday, setting the stage for a takeover battle that could reshape the industry at the heart of mobile phone hardware.

November 7, 2017 Think tank pulls study of Republican tax plan, citing error in its analysis

Source: CNBC

The Tax Policy Center, an influential non-partisan think tank, pulled its study of the Republican tax plan on Monday, saying it found an error in its analysis.

November 6, 2017 Workers Making Zara Clothes Found a Bold Way to Let You Know They Haven't Been Paid

Source: Fortune

The Associated Press reports that the Turkish workers from an outsourced manufacturer, fed up with a lack of promised pay, started tagging the clothes with a statement for shoppers: “I made this item you are going to buy, but I...

November 6, 2017 One of Asia's major banks just sacrificed profits to finally put bad loans behind it - text/video

Source: CNBC

outheast Asia's largest bank, DBS Group Holdings, unexpectedly set aside another 815 million Singapore dollars ($597.4 million) to cover for bad loans from the troubled oil and gas sector – a move it hopes will finally put...

November 6, 2017 Climate talks open amid anger over Trump's coal support

Source: BBC

The latest round of UN led climate talks have opened in Bonn with delegates from almost 200 countries in attendance.

November 6, 2017 Altice USA, Sprint agree to wireless partnership

Source: Reuters

U.S. cable operator Altice USA will sell mobile service on wireless carrier Sprint Corp’s network under a new multi-year agreement announced on Sunday, becoming the latest firm to enter the wireless market in a bid to retain...

November 6, 2017 Rebuffed by American Airlines, Qatar Airways buys into Cathay Pacific

Source: Reuters

DUBAI/SINGAPORE - Qatar Airways has broadened its global reach by purchasing a 9.61 percent stake in Cathay Pacific (0293.HK), adding another strategic investor to the Hong Kong carrier’s complicated share register at a time when...

November 6, 2017 COLUMN: The growing chasm between wealth and poverty

Source: Summerland Review

The world’s eight richest people have more wealth between them than the poorest 3.6 billion people combined, according to a report from Oxfam.

November 6, 2017 Top 10 countries most attractive to renewable energy

Source: China Daily

China continues to be the world's most favorable market for renewable energy development and investment, according to a new study.

November 6, 2017 HSBC Commits $100 Billion to Combat Climate Change

Source: Fortune

HSBC Monday unveiled a raft of new commitments to fight climate change and cut the climate-related risks in its own business model.

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