The Blackstone Group LP to prevail with a $1.8 billion deal for Alecta’s U.S. real estate sale, after Goldman Sachs Group Inc., which was the original winner of the sale, managed to goof up the transaction due to a disagreement… Read More ›
Month: August 2016
Talks of an ‘Ir-exit’ Sparked by Apple’s EU Tax Ruling
Concerns have been raised about whether Ireland might be heading for an exit from the European Union amid the controversy following the EU’s ruling on Apple’s tax affairs. Some experts and analysts accused that the fine on Apple is impeding on… Read More ›
Research says Coffee Production would be Hit Hard by Climate Change
A new research report states that the quality, price and production of coffee would be dramatically impacted by climate change. According to the Sydney, Australia-based The Climate Institute, areas where coffee can be grown would be impacted to the tune… Read More ›
Record Highs Hit by Investments in European ETFs
A new research from ETFGI, an independent research firm has some good news at last for post Brexit UK. At the end of July 2016, investments in exchange traded funds and exchange traded products saw a rise and reached a… Read More ›
Billions of Euros In Back Taxes Could Hit Apple After Brussels Ruling
As the European Commission finally decides on tax arrangements between the company and the Dublin government this week, Apple and Ireland is expected to face the ire of the body. Apple could be made liable for billions of euros in… Read More ›
Mylan’s Generic EpiPen to be Available at Half the Price of Original
As a second step in less than a week to counter the backlash over the product’s steep price, the first generic version of its allergy auto-injector EpiPen for $300, half the price of the branded product, Mylan NV said. In… Read More ›
Sharp looking forward to joint collaboration with Japan Display for OLED
If the collaboration bid succeeds they could quickly bridge the gap with their South Korean rivals, Samsung Display, a unit of Samsung Electronics. The Nikkei business daily has reported that Sharp is itching to collaborate with its rival, Japan Display,… Read More ›
To Double Mining Output, India Seeks $15 Billion of Investments
With the aim of doubling mining output and cut mineral imports, India expects to woo 1 trillion rupees ($15 billion) of investment over five years. Mines Minister Piyush Goyal said in an interview that including upfront payments for discovered deposits… Read More ›
Free Sandwiches and Streaming Being Brought Back to Coach by Airlines
U.S. airlines have gotten their financial houses in significantly better order after decades of red ink. And some carriers are exploring inexpensive ways to make flying economy class a smidge less arduous even though this new wherewithal certainly won’t mean more legroom or… Read More ›
Google and Facebook could have to Pay Publishers Under New EU Proposals
Under the proposed European rules that are designed to shore up the collapsing revenues of traditional media companies, news publishers would have stronger rights to demand payment from digital giants such as Google and Facebook in exchange for using their content…. Read More ›
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