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Tata Steel Share Price

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Editor’s remarks:
It is no secret that Tata Steel is in turmoil starting with its loss-making UK ventures and the changing of its leadership from Mistry to former chairman Ratan Tata. Ratan has spared no time in trying to make changes, from making a deal with the Quebec Government to proposing changes on retirement packages with the UK Unions (who have rebuffed the proposals). There are also rumours of a shake-up in their entire upper management. The Tata family and the Pallonji family must now determine whether they wish to end their 80-year ties to satisfy both the next family investments and appease prospective investors of calm within the leadership. Mistry is arguing that he took over a company riddled with debt and seeing the performance of the Tata Steel share price, it would be hard to argue with his efforts to save it. The commitments of Tata in paying retirement packages will surely see the price dip again if Ratan cannot deliver in negotiations with UK Unions.

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The Darkest Hour: Fatalities in WW2

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Following the release of The Darkest Hour, which stars a beefed-up Gary Oldman as former British prime minister Winston Churchill, the Second World War has once again peaked the interest of the public. The movie depicts how Churchill dealt not only with the mess at Dunkirk in the opening stages of the war but internal divisions in his war cabinet as Neville Chamberlain and Lord Halifax pushed for a diplomatic solution to avoid all-out war. In the end, Churchill’s decision to go to war prevailed and, as the common quip goes, victory was seized through British intelligence, American strength and Russian blood. Looking at the number of fatalities that each side sustained, there is no small amount of truth to this statement. Following the collapse of the Molotov-Ribbentrop pact, the consequent launch of Hitler’s Operation Barbarossa and the eventual push back of German forces after their defeat in Stalingrad, an astronomical 20 million Russians died.

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How Are the Chinese Net Giants Faring?

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In the last year, China’s tech giants have really come into their own. Finally, Baidu, Alibaba and Tencent have shed their former reputation as “China’s version of [insert western tech company]” and begun to define their business models by their own terms. The market has rewarded them for it too: Baidu gained 60% in 2017, with Tencent and Alibaba each up about 120%, which trumped the price gains achieved by their western competitors. Tencent has cemented itself as the world’s biggest video games company due to its ever-expanding portfolio of mobile games and savvy investments in a broad range of foreign tech firms. Alibaba, meanwhile, has expanded into physical supermarkets in China, where it hopes to build further streams of revenue. Baidu is somewhat lagging, as its relatively small market cap indicates but the company is actively testing autonomous cars.

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How Big Banks Have Invested in FinTech Since 2013

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big banks fintech

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