Author Archives

• German manufacturing jobs safe from PSA Group’s Opel takeover deal

  By admin1 on February 20, 2017 • ( 0 )

  

  Brexit has placed Opel’s Vauxhall sites at a distinct disadvantage. With the PSA group’s planned acquisition of GM’s European operations, jobs, and sites are facing potential cutbacks. As per German Sunday newspaper Bild am Sonntag, the PSA Group has pledged… Read More ›

• Softbank looking potentially to consolidate the operations of T-Mobile & Sprint

  By admin1 on February 20, 2017 • ( 0 )

  

  If Softbank has its way, a merger between the two U.S. wireless telecom operators are in the cards. With Reuters reporting that Japanese SoftBank Group Corp is preparing to cede control of Sprint Corp to T-Mobile US Inc in order… Read More ›

• Kraft Heinz’s takeover bid under British Government scrutiny

  By admin1 on February 20, 2017 • ( 0 )

  

  The proposed deal marks the biggest ever takeover bid of a British company. The Financial Times has reported, without citing any sources, British Prime Minister Theresa May has asked top officials to review Kraft Heinz’s proposed takeover of Unilever Plc…. Read More ›

• Brexit negotiations could take more than just 2 years: Jean-Claude Juncker

  By admin1 on February 17, 2017 • ( 0 )

  

  Britain will have to change more than 20,000 of its laws so that it can complete its divorce proceeding. Furthermore, as a member of the EU, Britain cannot undertake any bilateral agreement(s). Jean-Claude Juncker, the President of the European Commission… Read More ›

• Britain dependent on China to offset May’s Hard Brexit stance

  By admin1 on February 17, 2017 • ( 0 )

  

  For China, Britain is important since it aims to gain from its financial clout and use the country to showcase the fact that a first world nation supports its Silk Road project which is crucial for its prestige on the… Read More ›

• President of United Auto Workers amplifies Trump’s ‘buy American’ message

  By admin1 on February 17, 2017 • ( 0 )

  

  The development could spell trouble for Tesla since the UAW has now got in touch with its workforce, increasing the chances of their forming/joining an union. Dennis Williams, the President of United Auto Workers has disclosed that the union is… Read More ›

• SoftBank acquires Fortress for $3.3 billion

  By admin1 on February 16, 2017 • ( 0 )

  

  The acquisition of an alternative investment heavyweight such as Fortress assumes significance since it signifies a widening of SoftBank’s portfolio, which has typically catered to the technology and telecom sector. With the SoftBank Group Corp preparing to launch the world’s biggest… Read More ›

• Wal-Mart closes in on Amazon.com with its acquisition of Moosejaw for $51 million

  By admin1 on February 16, 2017 • ( 0 )

  

  Under the leadership of CEO Doug McMillon and e-commerce chief Marc Lore, Wal-Mart is steadily closing the gap with rival Amazon.com Inc. With Wal-Mart Stores Inc working strategically to gain the upper hand against the world’s biggest online retailer, it… Read More ›

• France, Germany Netherlands vulnerable to election hacking: former U.S. official Justice Department

  By admin1 on February 16, 2017 • ( 0 )

  

  The U.S. intelligence community has repeatedly pointed a finger at Russia for having influenced the 2016 U.S. Presidential elections and have called for a more proactive and assertive stance. As per a former official from the U.S. Justice Department who… Read More ›

• Activist investor Trian Fund Management LP takes a $3.5 billion stake at P&G

  By admin1 on February 15, 2017 • ( 0 )

  

  While this marks the largest ever investment by an activist investor in Proctor & Gamble, it is interesting to note that the company has made significant strides in boosting its revenues in the last quarter especially in the healthcare and… Read More ›