Tag Archives: major

WeWork could burn through $10 billion rescue finance in 10 months without major costs cuts – AArete

Office-share startup WeWork could blow through its near $10 billion rescue financing package from SoftBank Group Corp in about 10 months unless it quickly implements significant cost cuts, according to Loren Trimble, chief executive officer of AArete, a global consulting firm. “One thing they have to do is get more revenue out of its footprint,” said Trimble, who has combed ... Read More »

Honda Activa-based NAVi coming back, with major UPDATES: Details

The Honda Navi is a unique looking moto-scooter in the Indian market. Two years after its official launch, Honda is preparing a new version of the Navi. Even though the Navi gained a lot of traction initially in the market, the popularity came down with time. To keep the interest alive, Honda will launch a facelifted version of the scooter ... Read More »

Nokia to Have a Major Showing at MWC 2018, HMD Global Teases

After grabbing eyeballs at its last outing in Barcelona, HMD Global is now all set to make another splash this year at Mobile World Congress (MWC) 2018, a senior executive teased. The company launched the nostalgic Nokia 3310 and showcased the first troopers from its army of Android smartphones at MWC 2017. And for the forthcoming convention, it is already rumoured to have a bunch of developments, ... Read More »

ING bank says it will not finance major Canadian pipeline projects

Dutch lender ING Groep NV has said it would not finance any of Canada’s major pipeline projects, including TransCanada Corp’s Keystone XL and Energy East and Enbridge Inc’s Line 3, after pressure from activists. The move came after ING earlier this month publicly disavowed Kinder Morgan Canada Ltd’s Trans Mountain expansion project, but did not name any other Canadian projects. ... Read More »