Boeing discussing potential multibillion-dollar takeover of jetmaker Embraer

SEATTLE — Boeing is discussing a potential multibillion-dollar takeover of regional jetmaker Embraer of Brazil, the two companies said Thursday. A deal is by no means certain since the Brazilian government would have to approve the sale of a company considered the crown jewel of the country’s manufacturing sector. A successful transaction would be Boeing’s largest… Please follow and like us:

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Top 10 self-made billionaires in the world under 40

There are about 47 self-made billionaires under the age of 40 in the world, according to the latest Hurun Global Rich List released on July 4. These young self-made billionaires’ average age is about 36 and they come from eight different countries, Shanghai-based Hurun Research Institute reported. Wang Tao, founder of Dajiang Innovation Technology Co (DJI),… Please follow and like us:

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Will the Global Economy Recover?

Quora Questions are part of a partnership between Newsweek and Quora, through which we’ll be posting relevant and interesting answers from Quora contributors throughout the week. Read more about the partnership here. Answer from David McDonald, founder of The Global Millennial—an online publication for politics, economics and finance: The global economy obviously took a hit in… Please follow and like us:

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Microsoft criticizes government creation of hacking tools used in global cyberattack

SEATTLE — Microsoft says government hoarding of hacking tools is partly to blame for the cyberattacks that crippled computer systems around the world on Friday. The company also reiterated a call it made earlier this year for an international agreement among states to shield civilians and corporate noncombatants from hacking. In what one of the most… Please follow and like us:

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‘BRICS Plus’ can become new integration model for world economy: EDB chief economist

MOSCOW — The expansion of BRICS, known as “BRICS Plus”, could become a new model of integration in the global economy, chief economist of the Eurasian Development Bank (EDB) Yaroslav Lissovolik said on Sunday. “Integration proceeded previously as a rule on a regional basis, and BRICS offers a system of diversified integration that provides for a… Please follow and like us:

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Heineken Soaks Up Kirin’s Brazilian Beer Business For €664M

After the massive merger of SABMiller and AB InBev closed in October, Heineken (AEX: HEIA) became the second-largest beer brand in terms of volume sales. Just like its much bigger rival, Heineken’s got a long history of building out its portfolio of recognizable beer labels through acquisition. Since 2015, the year AB InBev launched its bid… Please follow and like us:

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