Strong Private consumption and government spending have boosted Germany GDP growth rate. As per available economic data, Germany’s GDP rose by 0.7% in the first quarter of this year thanks to higher construction investment and stronger private consumption. Analysts have… Read More ›
Entrepreneurship
Tribune Publishing Co rejects Gannett’s pursuit
The publishing industry is facing a turbulent time with increased costs, digitization, and low advertisement dollars. By acquiring Tribune, Gannett hopes the merger will bring about lower costs and increase its foothold and thus bring in more mullah. As per… Read More ›
CME looking to expand its approved warehouse network
Although this move will not threaten LME’s dominance, it could however feel threatened if it does not significantly reduce its long queues and waiting time. As per three metal industry sources who are familiar with the matter at hand, the… Read More ›
Bayer offers $62 billion to acquire Monsanto
The sheer size of the deal has unnerved investors with a major shareholder saying this is a brazen act of “arrogant empire-building”. However if the deal goes through, it would become the world’s largest supplier of agriculture related products. Germany’s… Read More ›
Samsung’s adopts new strategy to beat slack in market
Samsung adopts new strategy to ride-over slowdown in the smartphone market. In order to check the slide in the smartphone market, Samsung electronics has taken the strategic decision to revise its production model and break from its current practice of… Read More ›
Volkswagen to emerge from diesel emission test scandal, wants to pursue new path
The new strategy will be unveiled in mid-June this year. According to excerpts of a speech yet to be given by Volkswagen’s CEO Matthias Mueller, Europe largest auto manufacturer is set to announce a new strategy in mid-June. Volkswagen has… Read More ›
After $7.2M Raising by BeMyEye, an ‘Uber for mystery shoppers’, Company Eyes US Expansion
6.5 million euros ($7.2 million) was raised by a start-BeMyEye up and announcement for an acquisition was made as it eyes international expansion. BeMyEye crowdsources people to carry out mystery shopping and data collection tasks for major brands like Coca… Read More ›
Panasonic could increase its stake in Tesla’s gigafactory,
Panasonic is looking for a more immersive business experience in the automobile sector. In view of Tesla Motor’s impending plans of releasing the Model 3, Panasonic Corp has disclosed that if asked it could move up investments plans for the… Read More ›
Samsung partners with Alipay for mobile payment services
It hopes to gain significant traction through this partnership in the world’s biggest smartphone market – China. In a strategic move designed to boost its sales in China, the world’s biggest market for smartphones, Samsung Electronics, has struck a deal… Read More ›
Fitbit makes a strategic move by acquiring Coin
Coin is a Silicon Valley startup which manufactures NFC chips. By acquiring Coin, Fitbit hopes to incorporate the technology in its future products. Fitbit has disclosed that it has acquired the assets of Coin, a Silicon Valley Startup. This strategic… Read More ›