Author Archives

• Broadcom’s proposes $19 billion acquisition of U.S. software firm CA

  By admin1 on July 12, 2018 • ( 0 )

  

  Earlier the Trump Administration had blocked Broadcom’s $117 billion hostile bid to acquire Qualcomm Inc citing national security concerns. But since then in a cunning move, Broadcom has re-domiciled from Singapore to the U.S, which places it outside of CFIUS’… Read More ›

• Tiger Global builds $1 billion stake in SoftBank, calls it undervalued

  By admin1 on July 12, 2018 • ( 0 )

  

  SoftBank’s shares have appreciated by 54% in the last 5 years. Although its market capitalization is $87 billion, in comparison Alibaba has a market capitalization of $480 billion and the value of its shares have doubled since their listing on… Read More ›

• Comcast raises its bid for Britain’s Sky to $32.5 billion

  By admin1 on July 12, 2018 • ( 0 )

  

  Tune in to the M&A channel to view the latest in the top prime time drama over Britain’s Sky. Topping Rupert Murdoch’s Twenty-First Century Fox’s bid for Britain’s Sky, Comcast Corp raised its offer to $32.5 billion. Previously, Fox had… Read More ›

• Rupert Murdoch’s 21st Century Fox agrees to acquire Sky for 24.5 billion pounds

  By admin1 on July 11, 2018 • ( 0 )

  

  Having outbid Comcast, 21st Century Fox expects to receive regulatory approval from Britain later this week. On Wednesday, 21st Century Fox stated it has secured a deal to acquire Britain’s Sky for 24.5 billion pounds. Rupert Murdoch’s 21st Century Fox… Read More ›

• Indian airliner operator Vistara places orders for jets worth $13 billion with Airbus and Boeing

  By admin1 on July 11, 2018 • ( 0 )

  

  Apart from these, Vistara plans on also purchasing 37 Airbus A320neos from leasing companies.   On Wednesday, Vistara, an Indian airline operator, stated, it has placed firm orders for thirteen Airbus SE A320neos jets and six 787 Boeing jets in… Read More ›

• Chinese stocks and yuan falls as Trump threatens tariffs worth $200 billion on Chinese imports to the U.S

  By admin1 on July 11, 2018 • ( 0 )

  

  In the last 12 months ending May 2018, China has strategically reduced its imports from the U.S. to USD162bn. Investors are anxious to see how China responds to the new U.S. threats. On Wednesday, following U.S. President’s Donald Trump’s threat… Read More ›

• Shanghai to open up auto sector to foreign investment

  By admin1 on July 11, 2018 • ( 0 )

  

  The developments comes a day after Tesla announced that it would build an auto plant in Shanghai that would double its global auto manufacturing capacity. On Wednesday, Huang Ou, the deputy director of Shanghai Commission of Economy and Information Technology… Read More ›

• Market sentiments turn bearish as Trump threatens imposition of new tariffs on Chinese goods worth $200 billion

  By admin1 on July 11, 2018 • ( 0 )

  

  The stock and the commodities market slipped lower on Wednesday as trade tensions between U.S. and China continued to escalate. On Wednesday, following renewed threats of tariffs on Chinese goods worth $200 billion by U.S. President Donald Trump, commodities and… Read More ›

• China hikes tariffs on select U.S. made optical fiber products

  By admin1 on July 10, 2018 • ( 0 )

  

  The U.S. companies that are affected by this significant hike in tariffs include Draka Communications Americas Inc, Corning Inc, OFS Fitel, among others. On Tuesday, China’s ministry of commerce disclosed it had applied “anti-dumping tariff rates” for a select segment… Read More ›

• Volkswagen names Thomas Sedran as head of its commercial vehicles division

  By admin1 on July 10, 2018 • ( 0 )

  

  Thomas Sedran, who currently is head of strategy at VW, will assume his new job on September 1, 2018. On Tuesday, Volkswagen named Thomas Sedran as head of its commercial vehicles division. Sedran, who currently is head of strategy at… Read More ›