This M&A will be a litmus test for Margrethe Vestager, the European version of an antitrust commissioner. As per multiple sources familiar with the matter at hand, CK Hutchison Holdings has struck a network-sharing deal with Virgin Media and Sky… Read More ›
Egypt has struggled with discontent and poverty following the crackdown on the Muslim Brotherhood. Reuters has reported citing two Egyptian government sources that Saudi Arabia is all set to sign a $20 billion deal with Egypt so as to develop… Read More ›
The stockpiles of copper in China are near record highs and analysts are of the opinion that the country may be about to shock the global copper market by unleashing its stockpiles onto the global market. In the next few… Read More ›
While sales of Ford-branded vehicles rose 5% in March 2016, compared to the same month last year, its Q1 sales in China increased 14% compared to the same period last year, the Ford Motor Company has reported. Q1 vehicle sales… Read More ›
Beating expectations and pointing to strong sales of its new Galaxy S7 smartphones, tech giant Samsung Electronics said on Thursday its first-quarter operating profit likely rose 10.4 percent from a year earlier. After a healthy start for new premium products and… Read More ›
A $139 million five-year contract for RelayHealth’s patient engagement and interoperable secure messaging solutions has been awarded by the Department of Defense (DoD) and the Defense Health Agency (DHA), McKesson announced on Wednesday. Patients, physicians, physician assistants, nurse case managers,… Read More ›
All eyes are on Fed Chair Janet Yellen as she attempts to introduce inflation to the U.S. in a slow and controlled manner. Currency analysts are predicting a greater weakness in the greenback in the wake of the Federal Reserve… Read More ›
Companies will now have to re-work their tax strategies in order to optimize their U.S. tax profile. In what has been described as a major victory for President’s Obama’s drive to curb tax dodging moves made by corporates, Pfizer Inc’s… Read More ›
World’s biggest cyber heists, the theft of $81 million from the Bangladesh central bank, seems to be the handiwork of Chinese hackers according to a senator in the Philippines. On the other hand, a female bank manager in Manila accused… Read More ›
The Panama Papers come at a time when countries across the globe are facing a financial shortfall. It would be in their interest to recover monies illegal parked in offshore accounts. With the leaking of documents from a Panamanian law… Read More ›
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