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Home > Articles
Subsidiary Berkshire Hathaway acquires a stake in five Japanese trading firms-thumnail

Subsidiary Berkshire Hathaway acquires a stake in five Japanese trading firms

In an intriguing turn of events, Berkshire Hathaway surprised the financial world on Monday by revealing that its wholly-owned subsidiary National Indemnity Company has significantly increased its stake in five prominent Japanese trading firms to an astonishing average of over 8.5%. These notable companies include Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo.

News

Jun 19, 2023

Electric aircraft maker Eve and Blade Air Mobility join hands to expand in Europe-thumnail

Electric aircraft maker Eve and Blade Air Mobility join hands to expand in Europe

, Eve and Blade Air Mobility have announced an expansion of their partnership, setting their sights on integrating Eve’s highly anticipated flying car into Blade’s extensive European route network. This ambitious endeavor, which kicks off in France, marks another milestone for the companies that have already joined forces to utilize Eve’s electric vertical take-off and landing vehicles in India and the United States.

Business

Jun 19, 2023

Airbnb signs MoU with Ministry of Tourism to showcase India’s heritage stays and cultural tourism-thumnail

Airbnb signs MoU with Ministry of Tourism to showcase India’s heritage stays and cultural tourism

This captivating collaboration aims to showcase India’s extraordinary heritage stays and invigorate cultural tourism. As part of the visionary ‘Visit India 2023’ initiative, Airbnb will become an enthusiastic partner to

News

Jun 19, 2023

Maersk introduces one country one price delivery solution in India-thumnail

Maersk introduces one country one price delivery solution in India

The successful implementation of this solution relies on Maersk’s extensive warehousing facilities in multiple cities. The ‘One Country, One Price’ model presented by Maersk offers a comprehensive set of services

New Launch

Jun 19, 2023

Google-backed Adda 247 acquires Veeksha; a 3D experiential learning-based product-thumnail

Google-backed Adda 247 acquires Veeksha; a 3D experiential learning-based product

Founded in 2016 by Nagar and Saurabh Bansal, Adda247 is an edtech startup that offers prep courses for exams in public sector banks, government departments, and the Indian Railways. The

Education

Jun 19, 2023

China Expected to Cut Key Lending Benchmarks to Boost Slowing Economy-thumnail

China Expected to Cut Key Lending Benchmarks to Boost Slowing Economy

China is anticipated to reduce key lending benchmarks in an effort to bolster it’s slowing economic recovery. The move comes after recent data indicated struggles in the retail and factory sectors, raising concerns about the potential stalling of China’s post-COVID comeback and the accompanying risk of significant job losses.

Economy

Jun 19, 2023

Talk About Bloomberg India-thumnail

Talk About Bloomberg India

Bloomberg India is a leading provider of financial news, data and analysis in the Indian market. Founded in 2000 as a joint venture between Bloomberg LP and Indian financial reporting

CXO Insight

Jun 19, 2023

Based on inadequate intervention, Goldman Sachs reduces China’s GDP prediction to 5.4%-thumnail

Based on inadequate intervention, Goldman Sachs reduces China’s GDP prediction to 5.4%

Goldman Sachs Group Inc. has reduced its projections for China’s economic growth, citing the Asian country’s limited alternatives for increasing stimulus. Bloomberg stated that the bank cut its forecast for China’s GDP growth this year to 5.4% from 6% earlier.

Economy

Jun 19, 2023

A new consumer survey will monitor internet spending to reflect an accurate economic picture-thumnail

A new consumer survey will monitor internet spending to reflect an accurate economic picture

It’s known as the “next-generation consumption survey.” The current government consumer study goes beyond asking what you eat, wear, and possess.

Business

Jun 19, 2023

Do You Know the Top 10 Cosmetics Brands in India?-thumnail

Do You Know the Top 10 Cosmetics Brands in India?

Beauty and personality presentation have been an interesting topic for decades. Cosmetics were present earlier in society and were considered to be made from natural ingredients. Currently, cosmetics brands have

Industry

Jun 19, 2023

Asia markets witnessed a decline ahead of China’s loan prime rate decision-thumnail

Asia markets witnessed a decline ahead of China’s loan prime rate decision

Looking ahead Asian investors eagerly await China’s loan prime rate decision scheduled for Tuesday. This follows the recent reduction of key lending rates by the world’s second-largest economy. The outcome of this decision holds significant importance for the financial landscape. In a rather tumultuous turn of events, the Asia markets experienced a predominantly downward trajectory on Monday.

Finance

Jun 19, 2023

iPhone exports in India reached a record level of Rs 10,000 crore-thumnail

iPhone exports in India reached a record level of Rs 10,000 crore

According to industry figures, India’s iPhone exports reached a record high of Rs 10,000 crore in May, driving up the country’s outbound shipments of smartphones to Rs 12,000 crore for the month.

Business

Jun 19, 2023


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