Japan fund eyes JSR buyout as Tokyo ramps up chip interventionAn acquisition by Japan Investment Corp (JIC), overseen by the powerful trade ministry, would be the latest in a series of increasingly mus...
26 Jun, 2023, 11.28 AM IST
Salesforce CEO Marc Benioff shakes up top ranks: reportMiguel Milano has been appointed as the chief revenue officer, the source said, adding that Ariel Kelman will take over as Salesforce's chi...
08 Jun, 2023, 08.54 AM IST
New York Times earnings beat estimates as it signs up more digital subscribersThe Times has in the past few years embarked on a bundling push, combining its core news reports with digital content ranging from podcasts...
08 Feb, 2023, 08.08 PM IST
The next ESG frontier is genetically modified foodThe need to feed an expanding population while cutting agriculture’s high greenhouse gas emissions means farming must become more efficient.
03 Feb, 2023, 09.38 AM IST
Salesforce appoints new board directors amid activist investor pressureThe company appointed chief executive of hedge fund ValueAct Capital Mason Morfit, Mastercard finance chief Sachin Mehra and former chief e...
27 Jan, 2023, 09.26 PM IST
Activist Elliott Management Corp to nominate directors at Salesforce: sourcesElliott, which invests more than $55 billion, is currently interviewing a number of people including technology industry executives and exe...
27 Jan, 2023, 11.37 AM IST
This founder is giving his first 50 employees $233 million of his stockThe company has garnered its share of skeptics. In June, as the shares surged to almost $80, a frenzy of short sellers sent Nikola borrowin...
27 Aug, 2020, 10.22 AM IST
Europe follows Asian stocks lower as U.S.-China tensions escalateThe pan-European STOXX 600 index was down 0.2% by 0717 GMT, with banks, automakers and oil and gas firms leading declines.
07 Aug, 2020, 03.33 PM IST
Nikola founder exaggerated the capability of his debut truckNikola expects to have its first $1 billion year of revenue in 2023. The truck factory plans to build south of Phoenix is projected to reac...
18 Jun, 2020, 10.34 AM IST
A truck maker with zero revenue scores $7.6 billion return for early backersSix investors have positions in the truck maker totaling $8.3 billion after investing about $650 million combined, according to an analysis...
17 Jun, 2020, 11.17 PM IST
In the battle of electric-trucks, it is Nikola vs TeslaThe executive chairman of Nikola Corp. is under siege from skeptics of the company he started in 2014.
13 Jun, 2020, 10.45 AM IST
After $31 trillion inflows, funds figure out socially responsible investingNearly 30% of hedge funds say they’re using ESG considerations to inform investment decisions.
22 May, 2019, 07.44 PM IST
Meet this maverick short seller whose favourite pastime is exposing ‘bad companies’Some of the most respected people in the investing industry say that nobody has had a better nose for sniffing out fraud than the 56-year-o...
12 Feb, 2017, 05.07 PM IST
Rolls-Royce plans Asian production push with China still keyThe move will cut labor costs, bring Rolls closer to its fastest-growing clients and provide a back-up for British plants, its aerospace pr...
08 Oct, 2015, 06.23 PM IST
Rolls-Royce plans Asian manufacturing push as China still keyRolls-Royce Holdings Plc said it will step up plans to establish an Asian manufacturing capability to match that in its native U.K. as it d...
08 Oct, 2015, 01.28 PM IST
Satya Nadella, India-born insider, named new Microsoft CEO; Bill Gates steps downMicrosoft also announced that John Thompson, lead independent director, will succeed Gates as chairman.
05 Feb, 2014, 02.46 AM IST