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Wall Street heavyweight JP Morgan Chase is inching closer to becoming the lead advisory for Saudi Aramco as the state-backed Middle-Eastern oil company launches its IPO. Could this be JP Morgan’s biggest project to date? Saudi Aramco is one of the most highly anticipated IPOs in the world, and JP Morgan is in close competition…
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Business and employment-oriented platform Linkedin on Wednesday released a list of top US startups in 2019. The ranking was arrived at based on the number of actions taken by Linkedin users over the last year. To be eligible for contention, start-ups need to be independent and privately held with a workforce of at least 50…
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Already taking preventive measures in case the Brexit gets eventful from a security standpoint, Japanese automaker Toyota decided it will not build vehicles at its British factory the day after the United Kingdom leaves the European Union for good. The company made the decision in order to handle potential disruptions. The automotive industry, which is…
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Klarna, a platform that allows users to buy products and pay for them over time, just came out of a funding round that put it at $5.5 billion in value. This puts it as the top private fintech firm in all of Europe, and one of the biggest ones on the entire planet. Based in…
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If you were living under a rock for the past couple of years, you probably don’t know how big the self-driving vehicle market has grown. The top tech companies in the world are fighting for dominance in this sector. From Google to Tesla and even ride-hailing company Uber, all are trying to become the de…
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Reports for investment in the Middle East and North Africa (MENA) region reveal that the UAE received the highest inbound investment in the area. The country completed 20 deals in the first six months of 2019, and these deals are worth a total of $14.4 billion. Some of the biggest deals in this period involved…
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According to Reuters, JP Morgan has been asked to head an upcoming debt offering by The We Company. Capitalizing on an opportunity If JP Morgan Chase & Co. decide to work on the offer provided by the WeWork owner, it could be in pole position to lead the company’s planned initial public offering (IPO) scheduled…
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Despite United States President Donald Trump threatening France with trade tariffs on wine, the country is still getting ready to tax U.S.-based tech companies like Google and Facebook. Trump describes this decision as “foolishness,” reports MarketWatch. Ignoring Trump’s Claims However, the French Finance Minister Bruno Le Maire doesn’t care. He instead says that “France will…
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The US stock markets are currently in all-time high season, with McDonald’s being the latest entrant to this exclusive club. With McDonald’s stocks reaching $218.15 yesterday morning, the company now holds a market capitalization of just over $165 billion. In terms of its yearly performance to date, this represents a 2019 increase of 20%. The…
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Amazon, one of the world’s largest companies, claimed a 37% increase for its cloud services this Thursday. Unfortunately for the company started by one Jeff Bezos, this is lower than what analysts predicted. That, and Microsoft might even be performing better than Amazon Web Services (AWS) in the cloud department. Companies Are Investing In Amazon…
