Goldman Sachs wants to be supervising no.1

Goldman Sachs wants to be supervising no.1

One of the biggest investing American company Goldman Sachs Group Inc. plans to raise fees by employing new highly classified people in their division which advises wealthy. The main reason is, that many advisers from Goldman are leaving to rival companies which manage 10 billion dollars. Source close to Goldman which didn’t want to be...
Corona drives GOLD price back to 7 year highs

Corona drives GOLD price back to 7 year highs

The gold price climbed 7-year high on Tuesday as worries about the global economic impact of the Coronavirus outbreak and weakness in global equities support precious metals. Overnight, Apple warned that earnings won’t meet guidance for the first quarter. The tech company said that production and sales have dropped because of the coronavirus. As we...
Second biggest acquisition in India

Second biggest acquisition in India

Company Reliance Industries Ltd. And Saudi Aramco started talks about selling minority stake in its oil-to-chemical division. Both countries tried to successfully close the deal from last year. Officials on both sides worked on this deal from last month. There is no more information about the transaction, because both sides didn’t want to answer about...
Wall Street set to open lower today

Wall Street set to open lower today

Wall Street expected to open lower after Apple downgrades guidance. The US market was closed on Monday for a public holiday. The tech giant warned it does “not expect to meet the revenue guidance provided for the March quarter” due to coronavirus related issues, with constrained iPhone supply and suppressed demand in China. As a...
Alstom SA announced acquisition

Alstom SA announced acquisition

French train manufacturer Alstom SA has confirmed negotiations with Canadian train and aircraft manufacturers Bombardier Inc.. The company plans to purchase the flagship production division for $ 7 billion. If monopoly institution agrees this acquisition the Alsom will be No. 2 industry leader in rail equipment and help. According to German consultancy SCI Verkehr combination...