Nike's shares exceeded expectations
Nike, the world's leading sportswear manufacturer, has posted better-than-expected profits following a rebound in its basketball business amid heightened sportswear competition. Its quarterly profit rose 7% thanks to a stronger demand in China and the United States, where executives were pleased about the company’s performance.
- 21/12/2016
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Escalation of Violence in Congo
Antigovernment protests flared in Congo after Joseph Kabila reshuffled his government to bolster his bid to remain president until scheduled elections in 2018. He formed an expanded 65-member cabinet headed by opposition-leaning Samy Badibanga as prime minister.
- 20/12/2016
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JP Morgan Set To Expand Internationally
JP Morgan Chase ranked largest US bank by assets, is one of the most complex and diverse companies thanks to its universal banking model. Even recently, when the bank has been under regulatory pressure due to advanced capital constraints and other regulatory requests, the international bank has been able to earn a return on equity of 11.28%.
- 12/12/2016
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The Forthcoming of Grocery Shopping: Amazon Go
Amazon plans to capture more food sales, opening the door to a key driver of consumer spending that would broaden its increasing dominance in the retail market.
- 12/05/2017
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A New Surveillance Law Has Been Voted in the United Kingdom
The United Kingdom has taken a deep plunge into surveillance with a far-reaching new law. The Investigatory Powers Act 2016 officially became law this past Tuesday 29th, offering unprecedented new powers to police and spy agencies in the UK for keeping tabs on British citizens.
- 12/05/2017
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