U.S.-based private equity and asset management firm Fortress Investment Group would be bought over by Japanese Internet and telecommunication giant SoftBank Group for about $3.3 billion in cash, the Japanese group has announced.. SoftBank is better known for its typical investments into technology… Read More ›
As the Indian space program looks to cement its position as the dominant destination for low-cost launches, the country’s primary space agency, ISRO, put 104 satellites into orbit on Wednesday, the most in history. When it took off at 9:28… Read More ›
Inflation numbers are a key market focus for global central banks who have been battling to ward off deflation and have spent trillions of dollars in the years since the financial crisis. And with mounting signs, their efforts seem now… Read More ›
Shelving the industry consolidation were charted to address former President Barack Obama’s Affordable Care Act, Cigna Corp sought to end its deal with Anthem and Health insurers Aetna Inc and Humana Inc walked away from their $34 billion merger. Saying… Read More ›
In a cunning move, Trump’s proposal has exempted revenues generated from exports while proposing to impose a 20% tax in imports. This essentially pits exporters against importers and unless this entire line of reasoning is revisited, in the long run… Read More ›
After voters rejected its bid to reform corporate taxation to keep the country internationally competitive, the Swiss government must come up with a new plan and figure out how to limit economic fallout. The government will have to concoct a Plan… Read More ›
Set against a backdrop of rising support for populist parties, the flurry of upcoming elections in Europe are causes of concerns for International Monetary Fund (IMF) chief Christine Lagarde. There is growing uncertainty about the future state of the European Union… Read More ›
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 ›
A colleague of Mario Draghi – Yves Mersch, has a suggestion if Draghi is willing to send a signal that the European Central Bank’s stimulus drive won’t last much longer. According to Mersch, who sits with President Draghi on the… Read More ›
As the energy sector’s profit rebound has lacked vigor, buoyant oil prices since Donald Trump’s election have provided no lasting halo effect for energy stocks. U.S. crude has held above $50 a barrel since mid-December and oil prices are up… Read More ›
manageria.biz 