The airline had accused the mechanics union of illegal slowdowns saying these these had materially affected its operations during the peak summer travel season. In a development that significant aides the American Airlines Group Inc, a U.S. federal court has… Read More ›
Consumers are becoming increasingly environmentally conscious of the health hazzards of intensive animal farming as well as the benefits of adding more plant-based protein to their diet, there is growing trend towards alternative meat products. In a development that underscores… Read More ›
15 U.S. States, headed by the Attorney General of New York and California, have filed a lawsuit against the merger saying it is anti-competitive and will raise costs by more than $4.5 billion annually for residents. In a significant development,… Read More ›
The move is aimed at increasing the liquidity during the 2019-2020 winter low cash period. On Monday, Thomas Cook Plc stated, it was holding advanced talks with noteholders for a $180.68 million (150 million) pound cash injection into the company…. Read More ›
BlackRock’s new private equity fund invested made its maiden investment in Authentic Brands and emerged as its single largest investor. In a significant development, BlackRock Inc’s new private equity fund – Long Term Private Capital (LTPC) – has completed its… Read More ›
The acquisition makes sense for AMS since it sees synergy with Osram sensor solutions and photonics businesses especially in the emerging self-driving market. Austrian sensor specialist AMS’ offer to acquire Germany’s Osram has trigerred a bidding war for the German… Read More ›
There is shrinkage in the United Kingdom economy in for the first time in almost seven year and it could be pushed into a recession because of Brexit. The Office for National Statistics said Friday that there was a contraction… Read More ›
The move is part of a broader plan to modernize the compliance regime. In a significant development, the U.S. Securities and Exchange Commission has proposed changes to rules governing how publicly-traded companies disclose business, legal, and risk factors in regulatory… Read More ›
While China’s producer price index (PPI) fell to its 3 year low, the consumer price index (CPI) rose by 2.8% in July. On Friday, in a development that underscores the effectiveness of Washington’s trade action against Beijing, China’s factory gate… Read More ›
Bayer’s strategic could potentially significantly reduce headwinds revolving around lawsuits stemming from Monsanto’s glyphosate-based weedkiller – Roundup. On Friday, shares of Bayer surged by 11% following a report from Bloomberg that it has proposed to pay $8 billion in order… Read More ›
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