With Iran no more shackled by U.S. led economic sanctions, Germany has taken the lead, given its historic ties with Iran, in restoring normality between the two nations and boosting trade ties. With Sigmar Gabriel’s, Germany’s Economic Minister, paying a… Read More ›
Month: October 2016
Janus Capital acquires Henderson Global Investor for $6 billion
The deal, subject to regulatory approval, could see a combined cost saving of $110 million. U.S. based Janus Capital and London-listed Henderson Global Investors, former rivals, have decided to stop bickering and instead collaborate to form a $6 billion company… Read More ›
Tesla reports 70% rise in quarterly deliveries
Tesla could potentially be on its way to meet its half-yearly delivery targets, if this trend continues. Tesla Motors Inc. has disclosed that its third quarter deliveries have risen by 70% to 24,500 cars due to cheaper leases, discount on… Read More ›
Britain’s famed financial sector could relocate over chaotic Brexit lobbying
The lack of clarity as to what Britain seeks from its historic vote and the significant implications vis-à-vis it’s much vaunted financial sector, its largest export, is giving room for increased chaos and confusion. Many of Britain’s biggest banks are… Read More ›
Bass Pro led consortium in the lead to acquire Cabela’s
If Bass Pro were to acquire Cabela’s it would necessarily draw antitrust scrutiny. According to sources who are familiar with the matter at hand, a consortium of Bass Pro Shops, Capital One Financial Corp and Goldman Sachs Group Inc’s private… Read More ›