India might not be exempt from sanctions by the United States if it decides to purchase weapons and defence systems from, according to top officials of the Pentagon. The comments were made by Randall Schriver, the Pentagon’s top Asia official…. Read More ›
Month: August 2018
Hedge fund King Street Capital Management seeks to shakeup Toshiba’s board
The development assumes significance since it marks the first signs of dissatisfaction among foreign funds which had bought into Toshiba in 2017. On Friday, the Wall Street Journal has reported citing sources familiar with the matter at hand, King Street… Read More ›
BlackRock voted against Elon Musk in Tesla’s AGM
Here is how major shareholders voted in Tesla’s Annual General Meeting when a proposal was put to a vote to split Elon Musk’s role as CEO and Chairmanship of Tesla Inc. According to BlackRock’s filing with the U.S. Securities and… Read More ›
China Says Trade War With US Can’t Be Solved Due To US’s ‘Hard Lines’
The trade dispute between the United States and China would not be solved by the hardline trade war stance that has been taken by Washington, said China’s commerce ministry on Thursday. The ministry expressed its displeasure with comments from US… Read More ›
Australian Alcohol Industry Accused Of Issuing Misleading Pregnancy Alcohol Warning Posters
Posters that warned pregnant women of the dangers of alcohol were forced to be removed in their thousands from the walls of hospitals and GP clinics through Australia because doctors and health groups claimed that the messages and suggestions were… Read More ›
Auction Could Be Held For Sky Between Comcast And Fox
There are reports that the battle between Comcast and Twenty-First Century Fox for Sky could end up in an auction next month by Britain’s takeover regulator in what would be a rare step to intervening in an acquisition battle. The… Read More ›
Scooter Renting Firms Are Being Given A Second Thought By US Cities
There is a rethinking among cities in the United States that at one point in time were against startups dealing in renting of electric scooters and as reports say, the authorities view is slowly turning to positive. There were strict… Read More ›
Amsterdam To Be The New European HQ Of Panasonic Instead Of UK
The European headquarters of the Japanese electronics company Panasonic would be moved away from the UK to Amsterdam in October because of Brexit concerns. Panasonic Europe’s chief executive Laurent Abadie said that the main aim of the move is to… Read More ›
Elliot Management finds Sky’s worth more than $34 billion
The bidding war for Sky’s assets are set to intensify in September, with Sept. 22 being the closing date for any such bid. British antitrust regulators have disclosed that Elliott Management believes Sky’s valuation is more than $34 billion, higher… Read More ›
U.S. trade relations improve with EU, Mexico and Canada
In what is likely to be a strategic move, the United States has moved quickly to reach new trade deals with Mexico, the EU and Canada and in doing so it can then focus its energies on China, which is… Read More ›