September 23, 2019
  • September 23, 2019
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Aramco Has Hired Bookrunners for $20 billion IPO

by on September 22, 2019 0

Aramco has hired Deutsche and UBS Group as bookrunners for its IPO (initial public offering). The Saudi state oil company signs a deal despite a recent attack on Saudi oil facilities and Aramco has also started informing the banks about the bookrunners’ roles.   The Saudi state oil company also finalised 9 banks for...

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Virgin in Negotiations to Acquire Affinity’s 35% Stake

by on September 15, 2019 0

Virgin Australia has entered into the exclusive negotiations, to acquire the Affinity’s 35% stake, with minority shareholder Affinity Equity Partners. Up till now nothing has been finalized, but an expected deal is likely to value the business at around $A2 billion, or around $A700 million for stake Virgin is looking to acquire. Virgin Australia...

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Apple Trying To Convince It Fans-Base About iPhone Triple-Camera Capabilities

by on September 12, 2019 0

This week, when Apple Inc (AAPL) introduced its triple-camera, the iPhone marketing Chief Phil Schiller waxed on about device’s ability to create perfect photograph by interlacing it together with the eight separate exposures that captured before the main shot, called a feat of “computational photography mad science.”   Phil Schiller said, while describing a...

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HSBC’s Chief Executive Has Stepped Down Surprisingly

by on August 5, 2019 0

HSBC’s chief executive has stepped down surprisingly after the bank said that it needed a change in the leadership to address a challenging global environment. The Chief executive of HSBC, John Flint “by mutual agreement with the board”, is giving up the role he has held for a year and a half. He said...

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IBM Expanding Blockchain Projects

by on August 5, 2019 0

Blockchain Company Chainyard and IBM have jointly developed a new blockchain network for supply chain management. IBM announced on Aug. 5 about the platform in a press release shared with Cointelegraph. Alongside with tech giant IBM, among the Trust Your Supplier network’s founding members are American brewing company, Anheuser-Busch InBev, and other tech companies...

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