Privacy-conscious Germany wants to bridge the benefits of advanced technologies with existing social model. In a significant development that is a pointer to the strategic thinking of the German government, Europe’s biggest economy stated, it has set aside nearly $3… Read More ›
Creativity
The EU and Britain clinch draft Brexit agreement
Theresa May’s government will now have to go through the guantlet of the British parliament, bridge opposing views of the country’s lawmakers and sell the Brexit deal to a deeply divided country. In a momentous development, Britain has clinched a… Read More ›
Brexit deal can be clinched within the next 24 to 48 hours: David Lidington
Here are the comments made by British Prime Minister Theresa May’s de facto deputy to BBC radio. On Tuesday, David Lidington, a British Cabinet Office Minister who is considered as British Prime Minister Theresa May’s de facto deputy told BBC… Read More ›
Vodafone to slash operating costs by 1.2 billion: CEO Nick Read
Vodafone’s first quarter results were broadly in line with market sentiments. On Tuesday, Nick Read, Vodafone’s new chief executive stated, he aims to slash the company’s operating costs by 1.2 billion euros by 2021; he also plans on reviewing Vodafone’s… Read More ›
LNG to become second largest energy source: International Energy Agency
Although LNG will largely replace coal in the global energy mix, the forecast growth trajectory for CO2 emissions has been once again tied down to the oil and gas industry. These emissions are “far out of step” based on current… Read More ›
British parliament likely to vote down May’s Brexit deal: Justine Greening
Justine Greening, the former education minister from Theresa May’s cabinet, has joined the growing chorus for a second Brexit referendum. On Monday, Justine Greening, the former education minister from Theresa May’s cabinet stated, the British parliament will vote down Prime… Read More ›
Sazerac acquires 19 spirit brands from Diageo Plc for $550 million
The deal assumes significance since it marks Sazerac’s new market focus on premium brands and also because it continues to maintain consistence across Diageo’s spirits, as the two have entered into a long-term supply contracts agreement. U.S. based Sazerac is… Read More ›
Elliott Management and Veritas Capital acquire Athenahealth for $5.5 billion
Athenahealth’s subscription-based cloud service tracks the revenues of hospitals, physicians and patients. According to sources familiar with the matter at hand, activist hedge fund Elliott Management and private equity firm Veritas Capital have agreed to acquire Athenahealth Inc, a U.S…. Read More ›
Tesla appoints Robyn Denholm as Musk’s replacement as the board’s chairman
The move is essentially a compliance against the deal Tesla entered with the SEC in September 2018 to settle fraud related charges against Tesla and Elon Musk. As demanded by the U.S. Securities and Exchange Commission, Tesla Inc’s board… Read More ›
Saudi think-tank studying possible breakup of OPEC
The Saudi Government-funded think tank is studying the potential impact this move would have on the oil market. The Wall Street Journal has reported citing sources familiar with the matter at hand as saying, a top government-funded think tank in… Read More ›