Although the move has been portrayed as the latest sign of struggles for small cars in the United States, this positive could go a long way in weaning off our dependency on dirty polluting fossil fuels. In a significant development… Read More ›
Creativity
Stada receives 3.6 billion euro takeover offer from Cinven
German generic drug manufacturer Stada has been caught in the eye of the storm from activist shareholders since July 2016. This latest takeover bid is the result of a year-long pressure to improve its profitability in areas including transparency, hierarchies,… Read More ›
Hyundai Motors increases its pace in the race to develop self-driving cars
The company has hired Lee Jin-woo, 47, former researcher at General Motors to oversee its research into the field of autonomous automated transportation technology. The Hyundai Motor Group has jumped in the fray of developing next generation vehicles. The company… Read More ›
Abbott Laboratories’ shares gets the buy signal from Barron’s
In 2016 Abbott Laboratories shares have traded in the range of $37 to $45. As per the Barron’s report the shares make a good buy since Abbott’s Laboratories acquisition of St Jude have skewed its global profile to the U.S…. Read More ›
Snap Inc’s forecasts $1 billion for Amazon’s cloud services
Snap already has a $2 billion contract for Google’s cloud services. The $1 billion it plans on spending on Amazon’s cloud services is in addition to its Google cloud service commitments. Eventually, Snap plans on investing in its own data… Read More ›
Blackstone acquires Aon’s benefits outsourcing business for $4.8 billion
This business processes the work benefits of roughly 15% of the current U.S. population. As per people familiar with the matter at hand, Blackstone Group LP has agreed to acquire Aon Plc’s employee benefits outsourcing business for nearly $4.8 billion…. Read More ›
UK plans on removing a major hurdle facing self-driving vehicles
Britain’s transportation minister is set to make self-driving friendly insurance rules, a fact which could nurture the nascent industry which globally has been valued at $1.1 trillion by 2025. In what is likely to be a major strategic shift to… Read More ›
Donald Trump needs to tackle China on trade tariffs: U.S. ethanol and grain producers
China, one of the biggest importers of U.S. agricultural products, has imposed punitive tariffs on U.S. agricultural produce which has resulted in the cancellation of several orders. Three industry groups in the U.S, who represent U.S. grain growers and ethanol… Read More ›
Scottish government to demand a 2nd independence referendum
The Courier Newspaper in Dundee has reported that British Prime Minister Theresa May is secretly working on a strategy to deal with Scotland’s demand for a second independence referendum. In a significant development for the UK, the Scottish government has… Read More ›
Singapore Airlines likely to order from Boeing for expanding its fleet of passenger aircrafts
If the order comes through, Boeing will have to up its game and significantly reduce delivery delays which has been plaguing it for a while now. Alternatively, a bigger capacity aircraft should make more economic sense. Bloomberg has reported citing… Read More ›
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