Snap surges after IPO banks give flurry of buy ratings Snap surges after IPO banks give flurry of buy ratings:- Shares of Snap Inc jumped nearly 5 percent on Monday after several of the Snapchat owner's IPO underwriters handed it badly needed "buy" ratings. Snap's initial public offering on March 1 was […]

Chaebol reform at forefront of South Korea presidential campaign Chaebol reform at forefront of South Korea presidential campaign:- South Korea’s family-run conglomerates are facing calls for a shakeup in their governance from a leading candidate in May's presidential election, following the ouster of former President Park Geun-hye in a burgeoning […]

American Airlines takes $200 million stake in China Southern American Airlines takes $200 million stake in China Southern:- China Southern Airlines Co Ltd (1055.HK)(600029.SS) said on Tuesday it would issue HK$1.55 billion ($199.6 million) worth of shares to a subsidiary of American Airlines Group Inc (AAL.O), giving the U.S. airline […]

Trump moves decisively to wipe out Obama's climate-change record Trump moves decisively to wipe out Obama's climate-change record:- President Trump will take the most significant step yet in obliterating his predecessor’s environmental record Tuesday, instructing federal regulators to rewrite key rules curbing U.S. carbon emissions. The sweeping executive order also seeks […]