With deals in the U.K. and Ireland hitting a five-year low amid uncertainty surrounding Brexit, the amount of capital being invested in technology start-ups in the region has plummeted even though European venture capital funds (VC) raised a record amount… Read More ›
Day: July 22, 2016
Huawei Sued by Samsung Elec in China for Patent Infringement
A legal conflict between two smartphone rivals has been escalated in China as more legal suits are filed against one after the other had done so some time back. Huawei Technologies Co Ltd was sued for patent infringements through multiple… Read More ›
Syngenta posts lower than expected drop in 1st quarter
It expects ChemChina to complete its acquisition by the end of this year. Syngenta has disclosed that it expects ChemChina to close its takeover deal by the end of 2016. Meanwhile it has reported an unexpected drop in lower profits… Read More ›
Goldman Sachs to launch $5-$8 billion corporate buyout fund
This is the first time that Goldman Sachs is raising such funds after the 2008 financial crisis, although the amounts are nearly 5 times smaller. According to a source who is familiar with the matter at hand, the Goldman Sachs… Read More ›
Thailand wooing BMW to set up battery plant for plug-in hybrid vehicles
BMW is already heavily invested in the country with Thailand being its top export hub in the region. As per Thailand’s Industry Minister, BMW is considering setting up a new factory which will manufacture batteries for hybrid vehicles in the… Read More ›