Author Archives

• Trump’s solar tariffs unlikely to dampen Tesla’s solar ambitions

  By admin1 on January 24, 2018 • ( 0 )

  

  U.S. based solar cell makers including Tesla Inc and First Solar are likely to benefit from Trump’s solar measures; however Tesla installation business is likely to get effected in the short term. Solar installer and electric vehicle maker Tesla Inc… Read More ›

• TPP-11 to sign trade pact in March

  By admin1 on January 23, 2018 • ( 0 )

  

  11 countries, barring the United States, are set to sign the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTTP) in Chile in March. Japan’s Kyodo news agency stated, citing a Japanese source, that following the decision by the U.S. President… Read More ›

• Benefits from tax-cuts are likely to be short-lived

  By admin1 on January 23, 2018 • ( 0 )

  

  Economists opine that the 3 projected hikes in interest rates this year by the Feds could potentially offset the short term benefits of these tax cuts, which could in turn dampen the United States’ economic growth. A poll conducted by… Read More ›

• An outlook on how the imposition of steep tariffs on washers and the solar industry is likely to play out in the U.S.

  By admin1 on January 23, 2018 • ( 0 )

  

  The imposition of these tariffs are in line with Trump’s ‘Make in America’ push and could significantly effect its skewed trade balance with China. With U.S. President Donald Trump slapping steep tariffs on solar panels and on imported washing machines,… Read More ›

• Bacardi Ltd to acquire Patron Spirits International AG for $5.1 billion

  By admin1 on January 23, 2018 • ( 0 )

  

  Despite the alcoholic beverage industry seeing global sales decline by 1.3%, the tequila market grew by 5.2%. With this deal Bacardi aims to become the second biggest spirits company in the United States. With the aim of becoming the second… Read More ›

• Carl Icahn and Darwin Deason push Xerox to explore its options vis-a-vis its joint venture Fuji

  By admin1 on January 22, 2018 • ( 0 )

  

  Both investors are pushing Xerox to explore options vis-a-vis its joint venture with Fujifilm which includes renegotiation of terms of the JV or to walk away from it. Incidentally, 50% of Fujifilm Holdings Corp’s overall operating profit stem from this… Read More ›

• Wal-Mart exploring a major sale of its Brazilian operations: sources

  By admin1 on January 22, 2018 • ( 0 )

  

  Having incurred operating losses over several years in a row, Wal-Mart is looking to cash out but still maintain a foothold in Brazil. As per two sources with direct knowledge of the matter at hand, Wal-Mart Stores Inc is holding… Read More ›

• Sanofi SA close to acquiring Bioverativ Inc for more than $11.5 billion

  By admin1 on January 22, 2018 • ( 0 )

  

  France-based pharmaceutical giant, Sanofi SA needs to clinch this deal.The MNC has also obtained the rights to develop and sell a new hemophilia drug in a strategic restructuring of its partnership with Alnylam Pharmaceuticals. As per a report by the… Read More ›

• Lenovo Group to make one time payment of $400 million

  By admin1 on January 20, 2018 • ( 0 )

  

  The PCmaker, a unit of Legend Holdings, stated that the payment, related to its U.S. deferred tax assets, would not significantly impact its cash position nor its operations. The Lenovo Group Ltd has disclosed that it expects to make a… Read More ›

• All HNA acquisitions in the U.S. put on hold until ownership structure is clear

  By admin1 on January 19, 2018 • ( 0 )

  

  Failure to get CFIUS approval will put all of HNA investments in the U.S. in limbo. As per a source familiar with the matter at hand, the U.S. government is unlikely to approve any investment by China’s HNA Group until… Read More ›