Category: Business

Goldman Sachs Group Inc’s board of directors on Monday nominated the chief financial officer of Royal Dutch Shell plc to become its newest member. If her appointment is approved by shareholders, Jessica Uhl will be the fifth woman director on Goldman’s board and its only member to come from the fossil fuel industry. The bank […]

Cruise operator Carnival Corp Chief Executive Arnold Donald has said that shrinking its fleet due to the pandemic will slow its full recovery until 2023, as cruise lines battle a prolonged fallout from on-board outbreaks, the Financial Times reported on Sunday. The cruise company’s full fleet might be sailing by the end of this year […]

Roche is filling a testing portfolio gap by buying U.S.-based GenMark Diagnostics in a $1.8 billion deal that the Swiss pharmaceuticals manufacturer said taps one of the fastest-growing diagnostics areas. Basel-based Roche launched a cash offer for GenMark for $24.05 per share, a premium of 43% on GenMark’s Feb. 10 share price, before media deal […]

Robinhood said on Monday it would buy recruiting firm Binc for an undisclosed sum, adding more than 80 employees to help the U.S. online brokerage recruit talent. “The addition of Binc will double the size of our recruiting organization, helping us rapidly scale our team to better serve our customers,” Robinhood said in a statement. […]

Walmart Canada said on Monday it plans to invest more than C$500 million ($400.06 million) this year to refurbish its stores. It would be the largest yearly investment in store upgrades, with more than 60% of outlets benefiting from the plan, the Canadian arm of the world’s largest retailer said. In July, Walmart Canada announced […]

Advanced Micro Devices Inc on Monday released a new data center chip aimed at taking away more market share from rival Intel Corp. The company’s “Milan” data center processor is faster than Intel’s current best data center chips, the company said. Santa Clara, California-based AMD designs the chip but taps Taiwan Semiconductor Manufacturing Co Ltd […]

The rates of gold witnessed a marginal decline on Tuesday, March 16 as the price of one gram of 22-carat gold decreased by Rs 3 to stand at Rs 4,384, compared to the earlier rate of Rs 4,387. As per the details available on Good Returns, the cost of 10 grams of 22-carat-gold fell by […]