Under the proposed European rules that are designed to shore up the collapsing revenues of traditional media companies, news publishers would have stronger rights to demand payment from digital giants such as Google and Facebook in exchange for using their content…. Read More ›
Economy & Finance
‘Abenomics’ Falters Amid Worsening Deflationary Spiral in Japan
Dealing another blow to prime minister Shinzo Abe’s attempts to fight deflation and revive the world’s third-biggest economy, the consumer prices in Japan dropped for the fifth month in a row in July. The July figures marks the biggest annual… Read More ›
Clean Energy Starups Being Given a Helping Hand by Amsterdam Incubator
In the field of sustainable energy, start-ups that are brimming with bright ideas are increasingly gaining importance. And this would be boosted by a scheme which places selected small companies bursting with killer energy ideas in an 180-day long accelerator… Read More ›
Room for Growth in Storage Space Seen by Private Equity as China E-commerce Booms
There were more modern warehouses in Boston than in the whole of the world’s most populous country when U.S. private equity heavyweight Warburg Pincus started looking at China’s logistics sector in late 2009. But a parallel binge in investment in… Read More ›
Most of VW’s German operations come to a grinding halt due to a shortage of parts
With VW cancelling a contract, its two suppliers CarTrim and ES Automobilguss had to suffer heavy losses running into tens of millions. They are wanting to be compensated for the same. If VW were to allow these losses to be… Read More ›
Germany’s exports to Iran touches new high in first 6 months of 2016
A surge in domestic demands and Iran’s appetite for German goods are likely to fuel further growth in Germany’s economy. After the removal of international sanctions against the Iran, Germany’s exports of equipment and machineries to the Islamic Republic has… Read More ›
Customers Keep Coming to Branches as U.S. Banks Want to Close them down
The banking industry’s efforts to slim down are getting complicated by many U.S. customers who are not ready to give up regular visits to their nearest branch despite the banks’ nudging toward online tools. According to Federal Deposit Insurance Corp… Read More ›
Post Brexit Boost in M&A Market Expected in September
Now that the uncertainty around the Brexit vote that dogged the start of the year has disappeared, bankers returning from the beach may be dreaming of a pick-up in dealmaking activity come September. Compared to last year, so far, it’s been… Read More ›
ChemChina close to clearing CFIUS hurdle: sources
Given China’s profile, especially in the security context, it wouldn’t be surprising if it does not pass the CFIUS review. The fog of war could be lifted sometime next week, when the outcome of the review process is announced by… Read More ›
The $1 Billion E-Sports Gaming Industry will now have an Olympics for Itself
While athletes from world over have been fighting out for medals at the Olympics in Rio, an Olympics of e-sports is being planned to be achieved by a gaming company that showcased a gaming tournament to that effect at the… Read More ›