Category: Trade

GE Plans to Sell Biopharma Business to Danaher for $21 Billion

General Electric recently announced that the company is planning to sell its biopharma business to Danaher for $21 billion. Following the announcement, GE share price soared by 15% to $11.77 per unit. The giant industrial company stated that it had reached an agreement to sell its business to the Washington based firm, for a total […]

Germany’s Trade Surplus Exceeds Japan and Russia’s in 2018

As per a report, the foreign trade surplus of Germany extended a year ago, another report found, surpassing that of Japan, as disturbances in the global trade of merchandise and enterprises influenced the two economies in various ways. Germany’s strong execution and tight spending arrangements, combined with narrowing GDP development, are presently fuelling desires for […]

Rise and Fall of IL&FS

The IL&FS saga has been one of the greatest debacles in modern India. What was once India’s greatest infrastructure conglomerate is now nose-deep in debt. The tale of its tumbling down is nothing short of a spectacle but is too confusing. Here is a brief explanation about one of India’s most talked about economic disasters. […]

Markets hopes for a positive resolution to the ongoing trade war

When there is enormous tension on trade building between the US and China, Market expectations for U.S.-China trade talks have moved such that they would now praise any outcome that lacked the Trump administration raising more tariffs on March 1, says Hannah Anderson, a global market strategist at J.P. Morgan Asset Management. Markets have been […]


Based on the certain facts and with the help of chart analysis of the Dow Jones industrial index (DJIA) and Standard & Poor’s 500 Index (S&P 500) of last trading session on Friday rally, are indicating good signals in the stock market. One good thing to observe that, on Friday session S&P 500 was bullish […]

Credit Suisse Records First Profits Since 2014

Swiss mega-bank Credit Suisse has been in the doldrums for quite some time due to a range of issues, but in the fourth quarter results announced today, the bank posted a profit for the first time since 2014. The results announced today mark a big turnaround for one of the biggest banks in the world […]

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