Author Archives
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Tribune Publishing Co rejects Gannett’s pursuit
The publishing industry is facing a turbulent time with increased costs, digitization, and low advertisement dollars. By acquiring Tribune, Gannett hopes the merger will bring about lower costs and increase its foothold and thus bring in more mullah. As per… Read More ›
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CME looking to expand its approved warehouse network
Although this move will not threaten LME’s dominance, it could however feel threatened if it does not significantly reduce its long queues and waiting time. As per three metal industry sources who are familiar with the matter at hand, the… Read More ›
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Bayer offers $62 billion to acquire Monsanto
The sheer size of the deal has unnerved investors with a major shareholder saying this is a brazen act of “arrogant empire-building”. However if the deal goes through, it would become the world’s largest supplier of agriculture related products. Germany’s… Read More ›
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Samsung’s adopts new strategy to beat slack in market
Samsung adopts new strategy to ride-over slowdown in the smartphone market. In order to check the slide in the smartphone market, Samsung electronics has taken the strategic decision to revise its production model and break from its current practice of… Read More ›
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Iran will not freeze its oil production levels
With its oil exports taking hard hits due to sanctions, it is now determined to boost its oil production to pre-sanction levels. As per Rokneddin Javadi, Iran’s Deputy Oil Minister, the country has no plans to freeze its oil production… Read More ›
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Boeing’s 777 and 787 face increased write-off risks
Weakening oil prices could act as a break for the placement of orders of new aircrafts. As per a report that appeared yesterday in Barron, a financial news weekly, Boeing stock is vulnerable to fall as much as 15% from… Read More ›
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Volkswagen’s board witnesses power struggle
Due to its shareholding structure, if VW’s preferential shareholders are denied a dividend payment for two years in a row, their shares will gain voting power thus in turn would diluted of other shareholders, in this case Lower Saxony. A… Read More ›
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Volkswagen to emerge from diesel emission test scandal, wants to pursue new path
The new strategy will be unveiled in mid-June this year. According to excerpts of a speech yet to be given by Volkswagen’s CEO Matthias Mueller, Europe largest auto manufacturer is set to announce a new strategy in mid-June. Volkswagen has… Read More ›
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Phillip Dauman and Abrams removed from Viacom, CBS Boards and National Amusements Inc boards
With this move Sumner Redstone’s daughter Shari Redstone will have more sway over the remaining board members. As per two sources who are familiar with the matter at hand, Sumner Redstone, media mogul, has removed Philippe Dauman, Viacom’s CEO and… Read More ›
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EU antitrust regulators set to approve AB-InBev’s acquisition of SABMiller
AB InBev set to get conditional nod from the European Commission for its acquisition of SABMiller. According to three sources who are familiar with the matter at hand, antitrust regulators from the European Union are set to conditionally approve AB… Read More ›
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