As RCom faces insolvency test; Mukesh Ambani"s hope of bailing it out fade
Insolvency administrators will now oversee disposal of RCom assets under rules that could bar him from bidding for them......»»
Mukesh Ambani is India"s richest man for the 12th year in a row. Meet the Ambanis, Asia"s wealthiest family, who live in a $1 billion skyscraper and mingle with royals and Bollywood stars.
Reuters, Getty, AP; Shayanne Gal/Business Insider The Ambanis are the richest family in Asia, according to Forbes. The family patriarch, Indian business tycoon Mukesh Ambani, is worth an estimated $51.4 billion, accordin.....»»
Earnings Outlook: Micron earnings: Stock surge faces test of memory-chip recovery
Micron Technology Inc.’s big stock run over the past quarter faces a test on how much the memory chip market has actually improved when the chip maker reports end-of-the-fiscal year earnings this week......»»
Earnings Outlook: Micron stock run faces test with depth of second-half memory chip recovery
Micron Technology Inc.’s big stock run over the past quarter faces a test on how much the memory chip market has actually improved when the chip maker reports end-of-the-fiscal year earnings this week......»»
Deutsche Bank Faces Yet More Awkward Questions
The ECB is considering a probe of the bank for alleged trading in its own riskiest debt without approval. This is a big test for the regulator too......»»
Trump wants a ‘big’ cut from the Federal Reserve. Instead, get ready for a small one.
Fed Chair Jerome Powell faces his trickiest test yet Wednesday as he will try to tell America the economy is doing well -- but it needs a little boost from an interest rate cut......»»
Triple-S faces "significant risk of near-term insolvency," short-seller says
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Attacks on Saudi facilities threaten spare oil capacity, price hikes
Saturday's attacks on key Saudi Arabia processing plants will test the world's ability to handle a supply crisis as it faces the temporary loss of more than 5% of global supply from the world's biggest crude exporter......»»
Florida"s tourism numbers up in first half of year
Bolstered by U.S. and Canadian tourists, Florida’s visitor count continued at a record pace through the second quarter of 2019, Gov. Ron DeSantis’ office said Thursday. But Visit Florida, the state’s tourism-marketing agency, now faces a test. The.....»»
Florida tourism numbers up in first half of the year
Bolstered by U.S. and Canadian tourists, Florida’s visitor count continued at a record pace through the second quarter of 2019, Gov. Ron DeSantis’ office said Thursday. But Visit Florida, the state’s tourism-marketing agency, now faces a test. The.....»»
Reliance-owned Radisys taps ex-Ericsson exec as new CEO
Late last year, the Hillsboro-based company was acquired by Indian conglomerate Reliance Industries, whose chairman, Mukesh Ambani, is among the richest people in the world......»»
The Wall Street Journal: Johnson & Johnson faces key test in defense against talc-safety lawsuits
Johnson & Johnson, still facing thousands of lawsuits over the safety of its signature baby powder after losing several trials, will make a high-stakes attempt to head off future losses in a courtroom battle beginning Monday......»»
AMD Faces Critical Test
AMD Faces Critical Test.....»»
NASA faces a key test of Orion spacecraft, as it scrambles to meet Trump moon mandate
Usually, the most dramatic part of human space travel is the liftoff. A controlled explosion of massive amounts of propellant, blasting a rocket off the ground on a pillow of fire and smoke. But that........»»
Google"s internet balloon looking for its wings
Google's high-flying bet on balloons to deliver cell service soon faces a crucial test amid doubts about the viability of the technology by some potential customers......»»
Bailing Out The Titanic With A Teaspoon (Or Why Hope Is A Strategy For The ECB)
Bailing Out The Titanic With A Teaspoon (Or Why Hope Is A Strategy For The ECB).....»»
Walmart faces major India test over unit Flipkart"s legal spat with startup
An Indian startup's legal challenge against a Walmart unit claiming losses caused by sharp discounting of its products is winning support from other online sellers, in what is shaping as a key test of how the giant retailer operates in the country......»»
Hedge Fund and Insider Trading News: David Einhorn, Eddie Lampert, D.E. Shaw, Marathon Asset Management, Angelo Gordon, Intrexon Corp (XON), Enservco Corp (ENSV), and More
David Einhorn’s Hedge Fund Resurgence Faces Mexican Tariff Test (Bloomberg) David Einhorn’s recovery this year, spurred partly by his big be.....»»
Brainstorm Health: A.I. Lung Cancer Detection, Facebook Disease Prevention, Doctor Job Market
Brainstorm Health Daily: May 20, 2019 Happy Monday, readers! I hope you enjoyed your weekend. The machines just aced a major test in the world of cancer detection. A joint collaborati.....»»
Carrefour and TerraCycle launch "Loop" test in Paris to tackle waste
French retailer Carrefour and U.S. waste recycling company TerraCycle launched on Tuesday the test for their 'Loop' initiative which they hope will tackle the problems of plastic waste threatening to destroy the environment......»»
How Has Asia’s Richest Man Disrupted the Indian Telecoms Industry?
Mukesh Ambani's Reliance Jio Infocomm has shaken up the Indian telecoms business. Here's how......»»