Following the partial lifting of U.S. led sanctions, Iran presents itself as a huge economic opportunity. While Boeing’s deal has been made possible by outgoing U.S. President Barrack Obama, President-elect Donald Trump is a huge critic of the U.S-Iran nuclear… Read More ›
These oilfields were initially developed by Chinese companies, such as Sinopec and China National Petroleum Corp, however following their lackluster performance which were found wanting, Iranian officials have now thrown open the doors to international players. A per a senior… Read More ›
The deal, being Snapchat’s first Israeli acquisition, was supposedly driven by Cimagine Media’s skilled workforce rather than its augmented reality technology. Calcalist financial daily has reported that Snapchat is all set to acquire Cimagine Media, an Israeli augmented reality startup,… Read More ›
The value of the contract is not expected to exceed $10 billion. In a development that bodes well for Airbus and Iran’s lagging economy, European airplane manufacturer, Airbus, has signed a firm contract to sell 100 jets to Iran’s flagship… Read More ›
This marks the first settlement, in a possible string of RMBS related lawsuits, filed by the U.S. DoJ for European banks. Deutsche Bank has agreed to settle with the U.S. Department of Justice’s lawsuit related to its residential mortgage-backed securities… Read More ›
The contract includes providing ground support, supplying spare parts and provide Patriot missiles for a host of countries. The Pentagon has disclosed that Lockheed Martin Corp has won its contract worth $1.45 billion to manufacture Patriot missiles, for spare parts… Read More ›
InvenSense produces gyroscopes for Samsung’s and Apple’s smartphones. The acquisition will expand TDK’s footprint in the sensor technology segment. Japan’s TDK Corp, an electronics part manufacturer, has disclosed that it is all set to acquire U.S chip manufacturer InvenSense Inc.,… Read More ›
This marks AB InBev’s final disinvestment following its acquisition of SABMiller. Subject to regulatory approvals, this deal is set to close by the end of 2017. In a development that underscores AB In-Bev’s push to consolidate its acquisition of SABMiller,… Read More ›
Volkswagen will buyback or fix another 80,000 3.0 litre diesel vehicles in the U.S for which it will spend 1, and up to 105,000 2.0 litre vehicles in Canada. In strategic efforts aimed at putting the emission cheating scandal behind… Read More ›
Blockchain technology set to gain traction with investments from Goldman Sachs, JPMorgan, Barclays, ICAP, Thomson Reuters, etc. According to sources familiar with the deal, JPMorgan Chase & Co, the Goldman Sachs Group Inc. along with a group of other financial… Read More ›
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