With Reckitt Benckiser out of the race, it is advantage GlaxoSmithKline Plc. Reckitt Benckiser Group, a British consumer goods group, has withdrawn from discussions with Pfizer Inc over buying its consumer healthcare business. According to sources familiar with the matter… Read More ›
Autoliv plans on spinning-off Veoneer – its electronics business, which focuses on driver assistance software, radar products and vision systems. On Thursday, Autoliv, the world’s biggest maker of airbags and seat belts, stated that Jan Carlson, its chief executive, would… Read More ›
While Bayer has already received approval from Brazil and conditional approval from China, its acquisition of its peer Monsanto is currently awaiting review by Russian and U.S antitrust authorities. In the latest mega mergers that will reshape the agrochemicals industry,… Read More ›
Huawei is likely to fall back to its old strategy of selling its smartphones in the U.S. only through open channels. As per a source familiar with the matter at hand, Best Buy Co Inc, the largest U.S. consumer electronics… Read More ›
Lack of clarity on the UK’s long term relationship with EU is clouding supply chain decision-making beyond March 2019, the date the UK will formally break relationships with the EU. As per a survey, 1 in 7 business from EU… Read More ›
Airlines from China, Russia, the Gulf region, and Turkey could face punitive EU measures arising out of the final version of this regulation. In a significant development, an European Parliamentary committee stated, non-EU carriers could see their rights to fly… Read More ›
With this bone of contention being amicably resolved, NAFTA negotiations can continue. Two leading newspapers, The Mail and The Globe, have reported citing sources, that the U.S. government has dropped its demand all vehicles manufactured in Canada and Mexico for… Read More ›
Peter Peterson along with Stephen Schwarzman co-founded Blackstone in 1985 with a starting capital of $200,000. Peter Peterson, the billionaire Wall Street financier who served as U.S. President Richard Nixon’s commerce secretary and went on to co-found the Blackstone Group… Read More ›
Authorities have already raided 13 offices in VW’s headquarters and have seized documents and electronic files from its computers. WirtschaftsWoche, a German Magazine has reported citing a spokesman from the state prosecutors office as saying, they have started fresh enquiries… Read More ›
A woman was struck and killed on Sunday night by an autonomous car of Uber – which also had an emergency driver at the wheels, on a street in Tempe, Arizona. Uber has cancelled all of its testing of autonomous… Read More ›
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