Author Archives

• CenturyLink wins FCC approval for its $24 billion acquisition of Level 3 Communications Incs

  By admin1 on October 31, 2017 • ( 0 )

  

  This merger has set a precedence since with this deal, the FCC has outlined a new standard by which the agency will review future mergers. Telecommunications provider CenturyLink Inc has won regulatory approval for its $24 billion acquisition of Level… Read More ›

• Dutch paintmaker Akzo Nobel in early acquisition talks with U.S. Axalta Coating Systems Ltd

  By admin1 on October 30, 2017 • ( 0 )

  

  As per analysts, although the going is likely to be tough for Akzo, the company is under heightened pressure to deliver given its past behavior and performance. On Monday, Akzo Nobel, the Dutch paints and coatings maker who came under… Read More ›

• U.S. Crude oil export boom will test limits of its infrastructure

  By admin1 on October 30, 2017 • ( 0 )

  

  To tap the booming U.S. crude oil export potential, many port operators are expanding facilities. With U.S. President Donald Trump making sustained efforts at boosting export levels of the country, tankers carrying record levels of crude oil are leaving ports… Read More ›

• Britain’s budget surplus promise is unrealistic: Institute of Fiscal Studies

  By admin1 on October 30, 2017 • ( 0 )

  

  Here’s what the Institute of Fiscal Studies, leading think tank in Britain, has to say on Britain’s post Brexit finances. On Monday, a think tank stated, the noble aims of British finance minister Philip Hammond to have a budget surplus… Read More ›

• Envoys from South Korea and China meet to discuss threats posed by North Korea

  By admin1 on October 30, 2017 • ( 0 )

  

  South Korea, China and Japan have high stakes if the North Korean threat goes north. The economic and humanitarian costs of a confrontation will be significant, especially for South Korea. Officials from South Korea’s foreign ministry are set to meet… Read More ›

• Kobe Steel revises downwards its full year profit forecast

  By admin1 on October 30, 2017 • ( 0 )

  

  In the wake of its widespread data falsification scandal the embattled Japanese steelmaker has taken several steps, including revising its full year revenue forecast. On Monday, Japanese business daily Nikkei reported, embattled Japanese steel company Kobe Steel Ltd, as having… Read More ›

• U.S. tech giants report phenomenal jump in quarterly earnings

  By admin1 on October 27, 2017 • ( 0 )

  

  In a paradigm shift, businesses are increasingly shifting from owning data centres to cloud computing, which is creating the basis for a new bull run. The combined revenues of Alphabet, Amazon and Microsoft have totaled to more than $100 billion… Read More ›

• Fixed-line network is a strategic asset: Telecom Italia’s Chairman

  By admin1 on October 27, 2017 • ( 0 )

  

  While boosting the return of investment for stakeholder’s is important, it should not be at the cost of of dilution of a strategic asset. Other avenues will have to be sought on how to add new shareholders to Italy’s broadband… Read More ›

• For the first time Brazil opens its deepwater pre-salt fields to foreign energy companies

  By admin1 on October 27, 2017 • ( 0 )

  

  As a result of these reforms, executives from the majority of the world’s biggest oil companies have landed in Rio de Janeiro, to outbid each other for a slice of Brazilian crude whose quality is said to be world class… Read More ›

• Volkswagen’s Financial Services division launches HeyCar to tap Germany’s burgeoning used-car market

  By admin1 on October 26, 2017 • ( 0 )

  

  Unlike its competitors, consumers will not have to see advertisements on HeyCar while searching for the best deals in the used car market in Germany. On Thursday, Volkswagen’s Financial Services division stated, having created an online platform, dubbed HeyCar, it… Read More ›