by globalpro | Dec 6, 2019 | Finance
New York (CNN Business)The New York Mets have agreed to be sold to hedge fund billionaire Steve Cohen, in a deal that will take five years to complete, the team announced Wednesday evening.The Mets had 2018 revenue of $340 million and a valuation of $2.3 billion,...
by globalpro | Dec 2, 2019 | Finance
Hong Kong (CNN Business)Beer guzzlers are feeling the impact of the South Korea-Japan trade war. Japanese beer was an easy target. South Korea bought 7.9 billion yen ($73 million) worth of Japanese beer in 2018, or about two thirds of the country’s beer exports,...
by globalpro | Nov 28, 2019 | Finance
New York (CNN Business)General Electric hired Carolina Dybeck Happe as its new finance chief, filling a vital role that will focus on cleaning up the iconic company’s messy balance sheet.”She is a high-impact executive who brings a compelling blend of...
by globalpro | Nov 22, 2019 | Travel
The long read: The great trick of online retail has been to get us to shop more and think less about how our purchases reach our homesA decade ago, the British department-store chain John Lewis built itself a long warehouse, painted in gradations of sky blue. The...
by globalpro | Nov 22, 2019 | Finance
As politics turns ever inwards, the Fund must be quicker to admit its mistakes and implement reformsThis year, I didnt attend the October annual meetings of the International Monetary Fund and the World Bank in Washington. Instead, I paid close attention to reports of...
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