A regulatory filing by Yahoo Inc. on Thursday suggests that the tech giant has changed its employee severance plan. The new plan confirms severance payments even after acquisition of the tech giant. Analysts consider the filing as its preparation for selling entire or at least part of its core business.
Archives
New Theory on Existence Arose; RNA as Hypothesis
New Research Findings about the RNA Hypothesis for the Theory of Life Existence Since Charles Darwin's Theory several years ago, scientists made tremendous efforts in trying to find out other theories of human existence.
WEF says Brexit Puts Britain's Economic Competitiveness At Risk
Britain's economic competitiveness is at risk because of the Brexit vote. June 23 referendum will surely affect its current status being on the top for decade, say WEF.
Citi merges with Lazada in SE Asia trade
The two prominent firms reveals a new partnership all over the key markets in Southeast Asia. The union of Citi gives region-wide promotions to its credit cardholders who are Lazada customers as well.
Dymon Asia Ventures $50M debut fund
Dymon Asia Ventures is the newly born capital arm of Singapore-based, Dymon Asia Capital, has spring the process to raise a $50-million debut fund, and is solely dedicated to Fintech Space, DEALSTREETASIA has acquired.
Latest News
An earthquake with at least 6.0 magnitude has hit the southwestern part of Japan causing nine deaths and injuring more than 800. Though no Tsunami warning has been served, but more than 100 aftershocks have created panic among the residents of the most hit town Mashiki. Japanese Prime Minister has vowed to do everything in life-saving and rescue operations.
BlackRock on Thursday announced a 20% fall in its earnings for the first quarter that ended March 31, 2016. The company registered a restructuring cost of $76 million in the current period with regard to its organization simplifying plan.
Microsoft has sued the US Department of Justice on Thursday for alleged secret intervention of the government agencies to individual’s information. Through searching secretly, the US government is violating the Fourth as well as First Amendment, alleges the lawsuit. Microsoft believes, this practice has gone too far and hence seeks court intervention to address the situation.
A US appeal court has verdict on Wednesday upholding previous ruling by the District Judge regarding lifting injunction for Argentina in entering global capital market. The ruling allows the South American nation to enter the capital market just after 15 years. It appears as a great success for the incumbent Argentine President who has come to power with promise to settle the default debt status.
China's stock market slipped on Friday, as the country reported the economic growth is in accordance with analysts prediction. While investors expected a stronger result.
Wall Streel indexes continued to stay in positive territory as financial sector was catching up. Global stock market responded and climbing to the highest level in 2016.
Department of Justice filed lawsuit against ValueAct Capital last week, related to Halliburton and Baker Hughes merger. Meanwhile, ValueAct on Monday claimed no wrongdoing and will defend its position.
Leaders of the world's economy began their regular meeting on Thursday discussing necessary steps to boost growth and consumption. While G20 also held a meeting with similar agenda.
The U.S. Court of Appeals on Wednesday cleared Argentina to sell $15 billion bonds in the market. The country expects to issue the bonds within this week.
