China’s Luckin Coffee Plans To Get Listed In NY

A rival of Starbucks in China has announced its plans to get listed in the US. The company is based in Beijing. On Monday, Luckin Coffee announced that it is planning to get listed on Nasdaq, as per their expansion plan. It has been opened just 18 months back. Luckin has come up with 2300… Continue reading China’s Luckin Coffee Plans To Get Listed In NY

Goldman CEO Says Recession Less Likely In US

Goldman Sachs Chief Executive David Solomon assuaged earlier fears about the U.S. likely to face a recession in 2020. The dread of an impending recession felt in the early period of 2019 had reduced to a large measure according to him. Solomon revealed that he saw no indication which led him to believe otherwise. His… Continue reading Goldman CEO Says Recession Less Likely In US

510 It Was A Game Of Choosing The Lesser Evil For Apple

Apple and Qualcomm dropped the legal battle and reached an amiable settlement. This also means that Apple’s 5G phone will be rolled out earlier than anticipated.  Experts believe that Apple agreed for the settlement because it had to choose between the least evil solutions and certainly it did so. The first option was to reach… Continue reading 510 It Was A Game Of Choosing The Lesser Evil For Apple

IMF Says Heavy Corporate Debt A Cause Of Concern

Director of IMF’s monetary and capital markets division Tobias Adrian, told newspersons late this week that the high debt level in corporate sector followed by lack of regulatory measures is very worrying. He stated that these types of vulnerabilities can have disastrous implications on the world markets in case there is an economic shock like… Continue reading IMF Says Heavy Corporate Debt A Cause Of Concern

Walgreens To Offer Primary Care Doctors Service At Some Of Its Stores

Village MD and Walgreens announced on Wednesday that they will jointly offer primary care doctors’ services at some of their Houston stores. The former will work with Walgreens’ pharmacists, nurses and social workers to operate clinics offering primary care in 5 Walgreens stores. The offices, with areas as big as 2500-square-feet, will be located inside… Continue reading Walgreens To Offer Primary Care Doctors Service At Some Of Its Stores

German Economy Could Be A Sign Of Concern

On April 5, 2019, analysts provided German industrial report in which the production rate has fallen except construction as well as the energy sector. According to analysts, most of the German industries are facing hard times. The Gross Domestic Product of Germany had declined during the third quarter by 0.2%. Despite the low GDP, the… Continue reading German Economy Could Be A Sign Of Concern