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Commercial Awareness Update 13/12/16

Commercial Awareness Update 13/12/16

Here are today’s headlines, sourced from LexisNexis, a great resource to improve your commercial awareness:

Battle for Aleppo “over”.

The on-going battle in the Syrian city of Aleppo has reportedly ended, following the withdrawal of rebels from the last six opposition held districts. This follows the failure of a UN, US and Russian-backed ceasefire earlier in the week. However, there are calls from the UN and aid forces to allow the safe evacuation of the many civilians still trapped inside the city. The conditions are described as “doomsday”.  Sourced from LexisNexis. Read more here.

Donald Trump delays announcement about the future of his business holdings

Donald Trump has delayed the announcement of his involvement in his business enterprise when he becomes President. It has been postponed until January. His assets, which come in the form of hotels, golf courses and involvement in the US version of The Apprentice, create a possible conflict of interests. It is reported by Trump’s attorney that his children will hold his businesses “on trust” for him during his period as President. Sourced from LexisNexis. Read more here.

Trump wipes $3.5Billion off Lockheed Martin with a single tweet

Following his recent attack on Boeing, Donald Trump has written a tweet saying that aerospace company Lockheed Martin’s costs are “out of control”. This caused the shares of the company to fall by 4%, reducing the market value of the company by $3.5Billion. Sourced from LexisNexis. Read more here.

Further reading, sourced from LexisNexis, a great resource to improve your commercial awareness:

  1. Brexit Briefing
  2. Southern Rail strikes begin
  3. Bond markets brace for US spending splurge
  4. Barclays agrees to sell French retail business
  5. Investors should take the blame if Sky is sold cheaply
  6. Yemen crisis appeal launched
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