Author Archives
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Kara Raiguel to become CEO of Berkshire Hathaway’s General Reinsurance unit
Ajit Jain, who is viewed as a potential successor to Warren Buffet, has described Kara Raiguel as a “true renaissance woman in the insurance and reinsurance industry”. With Tad Montross set to retire from the General Reinsurance unit of Berkshire… Read More ›
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Did Bayer bite off too much with trying to acquire Monsanto?
Although the deal makes strategic sense, not many investors have what it takes to see the deal go through. Bayer’s approach for acquiring U.S. seed and pesticide giant Monsanto has triggered a backlash from one of the company’s top shareholder… Read More ›
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The European Commission wants to streamline and regulate the content of streaming Services
The proposals will are to be announced on May 25. In what could be a strategic game changer for Amazon Prime and Netflix, under a new set of proposals for the European Union, scheduled to be released sometime next week,… Read More ›
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Panasonic could increase its stake in Tesla’s gigafactory,
Panasonic is looking for a more immersive business experience in the automobile sector. In view of Tesla Motor’s impending plans of releasing the Model 3, Panasonic Corp has disclosed that if asked it could move up investments plans for the… Read More ›
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Samsung partners with Alipay for mobile payment services
It hopes to gain significant traction through this partnership in the world’s biggest smartphone market – China. In a strategic move designed to boost its sales in China, the world’s biggest market for smartphones, Samsung Electronics, has struck a deal… Read More ›
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Fitbit makes a strategic move by acquiring Coin
Coin is a Silicon Valley startup which manufactures NFC chips. By acquiring Coin, Fitbit hopes to incorporate the technology in its future products. Fitbit has disclosed that it has acquired the assets of Coin, a Silicon Valley Startup. This strategic… Read More ›
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Brand licensing deal marks the return of Nokia in the phone business
In 2014, when although Microsoft purchased Nokia it did not however buy its phone related patents. Subsequent to this acquisition, it has struggled with its phone business and in the previous year, it wrote-off the entire acquisition of Nokia worth… Read More ›
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Restructuring changes hurt Target’s sales, missing analyst’s estimates
A swing in temperatures, the sales of its pharmacy and clinic business, as well as the restricting of its groceries in its stores have resulted in Target missing analyst’s estimates. Target has reported a lower turnover than its forecasts and… Read More ›
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Did Suzuki Motors fudge with the fuel economy of its vehicles?
As per Kyodo News agency, Suzuki Motor Corp is suspecting to have cheated the public with the fuel economy of its vehicles. Japanese news media have reported that Suzuki Motor Corp has been suspected of using improper testing methods for… Read More ›
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With declining U.S. stockpiles, oil sees a rally
Major banks including UBS and BAM are bearish on the near-term while being optimistic in the long run. Diminished U.S. stocks and with wildfires looming threats on Canadian oil supplies, U.S. crude oil prices hit their 7 months high yesterday…. Read More ›
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