Although it had been squeezed by Apple and Chinese budget phone manufacturers, in the beginning of this year, it outmanoeuvred both and emerged on top. Propelled by a surge in the sale of mobile phones, especially its flagship Galaxy S7, Samsung electronics… Read More ›
The acquisition will boost EU’s position in market dominated by 3 US Market rating agencies. In a strategic development, two rating agencies in Germany who have a combined market share of less than 3%, are merging so as to increase… Read More ›
MLB Advanced Media is the video arm of Major League Basketball. Bloomberg has reported citing a source who is familiar with the matter at hand that Walt Disney Co. is set to buy a 33% stake in MLB Advanced Media,… Read More ›
Customers can either get a refund or benefit from a free wall-anchoring kit. According to the U.S. Consumer Product Safety Commission (CPSC), IKEA has recalled almost 36 million dressers and chests in Canada and in the United States since they… Read More ›
Is Lyft getting ready for another funding round? The Wall Street Journal has reported citing sources familiar with the matter at hand that Lyft, a ride sharing service, has hired Qatalyst Partners, an investment bank. According to the WSJ, Frank… Read More ›
Internal investigations have yet to assign responsibility for the diesel emission scandal that has plagued Europe’s top car manufacturer. Hans Dieter Poetsch, Volkswagen’s chairman has stated that the company’s supervisory board is looking at the possibility of claiming damages from… Read More ›
Porsche SE has 52% voting rights in VW. VW‘s internal investigation committee has yet to point any accusatory finger at former VW’s supervisory board members or at its senior management. Volkswagen’s controlling stakeholder, Porsche Automobil Holding SE, will endorse VW’s… Read More ›
If Brexit were to happen Jaguar Land Rover could face a $1.47 billion in taxes by 2020. According to two sources who are familiar with the matter at hand, Britain’s largest car manufacturer, Jaguar Land Rover, could face the brunt… Read More ›
Boeing has however not provided the quantity and type of aircrafts in question along with their delivery schedules. Boeing has disclosed that it has signed an agreement with Iran Air for the sale of its jetliners. This disclosures confirms news… Read More ›
