Yet their collective endorsement does little to disguise the bald facts of Tuesday morning’s share sale: the taxpayer has lost more than £1bn on the sale of a 5.4% stake in RBS to institutional investors.
CEO Marcelo Claure, who joined Sprint about a year ago, has introduced many changes in the organization in the past few months with an aim to turn around the dwindling performance of the company. Analysts predicted $8.33 billion.
The Commerce Department says factory orders advanced 1.8 percent in the month. Tepid global demand also has weighed on manufacturing, which accounts for about 12 percent of the domestic economy.
In the previous week to July 26, the two countries had seven confirmed cases, which was the lowest in the past year up until then, according to the WHO. “So they have got almost 600 people quarantined around a single case”, Aylward said, pointing to “massive...
The choice of Michael Evans, who has been an independent director on the company’s board since last year, underlines the close links between the Wall Street financial elite and Alibaba, which launched an initial public offering in New York last September for a record $25bn.
Although Britain raised $3.3 billion (£2.1 billion) through the overnight sale of shares, critics have said that the government’s decision to sell the shares for a third less than what the taxpayer paid for them on average has ultimately ripped off the public.
Acer has a couple of new devices up its sleeve. The Cloudbook 11 will only come with either 16GB or 32GB of storage, however the Cloudbook 14 will be available with twice that. 32GB models and “select 64GB SKUs” include 1TB of OneDrive storage and a Office 365...
Russia’s Foreign Ministry on Tuesday submitted the renewed claim to the United Nations for an additional 1.2 million square kilometers (463,000 square miles) of the Arctic continental shelf. Rivalry for Arctic resources has intensified as shrinking polar ice is opening new...
The F-Series total of 66,288 was more than all sedan sales of 66,004. July sales rose 5 per cent to more than 1.5 million, as reported by Autodata Corp. The all-new Edge contributed to the increase as well, with sales up 17 percent for July. Before Friday, when automakers...
The profit was aided by a net benefit after tax of Rs 458 crore, mainly related to the hiving off of tower assets in four African countries for about $1.3 billion.
Tata Steel, which had a back-up plan in place recommended by the trade union, has parked the long products business into a separate company that will help the unit get government funds and protect jobs.