Australia’s antitrust regulator has raised initial concerns over Aon’s $30 billion acquisition bid for Willis Towers Watson which aims to create the world’s biggest insurance broker. The development comes in the wake of similar moves by EU antitrust regulators. In… Read More ›
On Thursday, in a statement Netherlands Foreign Investment Agency stated, there has been a flow of businesses moving into the Netherlands because of Brexit; this is despite direct foreign investment dropping by a quarter because of the coronavirus-induced COVID-19 pandemic…. Read More ›
In a significant development that sheds some light on the inner machinations of Amazon.com Inc, the world’s largest online retailer, in early 2019, Jay Carney a senior executive at Amazon.com Inc while preparing for an important meeting with India’s ambassador… Read More ›
In a statement, the union of JetBlue Airways Corp stated, it has rejected a tentative agreement that would have given the airline contractual relief to implement its planned partnership with American Airlines Group Inc. In July, budget carrier JetBlue and… Read More ›
Shares of Chinese drone maker EHang Holdings Ltd’s plunged on Tuesday following a report by an investment research firm which stated that it had shorted the stock and questioned the accuracy of its business reporting. Shares of Guangzhou, China-based EHang’s… Read More ›
On Wednesday, Nestle SA said it will be selling its North American water brands including Poland Spring and Pure Life to private equity firms Metropoulos & Co and One Rock Capital Partners for $4.3 billion. The sale also includes brands… Read More ›
The Indian economy is set to make a recovery from the pandemic induced economic contraction by next year, said the ratings agency S&P Global Ratings on Tuesday. The ratings agency predicted in a report that in fiscal 2022, the largest… Read More ›
According to a government document, Tesla Inc will be setting up an electric-car manufacturing unit in the southern state of Karnataka. “The U.S. firm Tesla will be opening an electric car manufacturing unit in Karnataka,” said a state government official… Read More ›
In a significant development that marks an attempt to go back to pre-coronavirus pandemic times, officials from Israel said they plan to reopen restaurants around March 9 and restart tourism with Cyprus as part of a gradual return to normality… Read More ›
According to a report published on Saturday by Bloomberg News, the Chinese etch company and owner of the short video sharing app TikTok, ByteDance, is reportedly considering options for a sale out of it’s the operations of the video sharing… Read More ›
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