Business

Microsoft eyes billion-dollar start-up

By The Frontier Post | June 2, 2018

Monitoring Desk ISTANBUL: Microsoft aims to form a billion-dollar Turkish software company in Turkey, a senior executive of tech giant’s in the country said on Friday. “We aim to take local enterprises, which are sprouted in the country by our solutions, to the global market,” said Murat Kansu, general manager of Microsoft Turkey. He said…

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‘Sick and tired’ of bad news: Deutsche Bank CEO reassures staff amid rating cut

By The Frontier Post | June 2, 2018

Monitoring Desk BERLIN: Rating agency S&P Global has downgraded Deutsche Bank’s credit rating from A- to BBB+, which is a blow to the financial institution, as less than a day ago bad news from Washington sent stock indices to a record low. Christian Sewing, Deutsche Bank’s new CEO, tried to assure employees of the bank’s…

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EU decides to launch legal proceedings in WTO against US, China

By The Frontier Post | June 2, 2018

Monitoring Desk MOSCOW: The European Union has decided to launch a legal challenge against the United States and China at the World Trade Organization (WTO), EU Trade Commissioner Cecilia Malmstrom said Friday. “If players in the world do not stick to the rulebook the system might collapse and that is why we are challenging today…

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