A report from Norton by Symantec has warned that many of the people in Europe ere complacent about cybercrime even as the report stated that more than 54 million Europeans were affected by cybercrime in the past year. The cybersecurity… Read More ›
Day: November 16, 2016
As Demand Picks up, a very Slow and Steady RecoverySeen in Global Shipping Industry
A market recovery in the shipping sector was signaled as the Baltic Dry Index (BDI) reached its highest level since August 2015. The Baltic Dry Index (BDI) is an indicator of the shipping costs for bulk commodities. With overcapacity bringing… Read More ›
Viacom set to acquire Argentina’s Telefonica for $345 million
The deal, subject to regulatory approval, is a strategic one for Viacom since the Argentinian pay channel has a subscription base of 26.8 million subscribers, covering 95% of Argentina. The channel has a strong following in the Americas as well…. Read More ›
Exxon negotiating with Chad over exemplary fine of $74 billion
Exxon has appealed against the ruling and is in the process of negotiating an exit package. Bloomberg has reported citing a lawyer for Exxon stating that the company is in negotiations with Chad over a record $74 billion fine imposed… Read More ›
European Commission clears Abbott’s $25 billion acquisition of St. Jude Medical Inc.
The merger in this sector only goes to underline the pressures felt by medical equipment manufacturers to increase the depth and width of their product basket and make them readily accessible to hospitals. According to source familiar with the matter… Read More ›