With this strategic move, Ab InBev moves one step closer towards completing its 100 billion plus takeover of SABMiller. AB InBev process of acquiring its smaller rival SABMiler has made another significant milestone with it accepting Japan’s Asahi Group’s proposal… Read More ›
The race for the next generation automated autonomous vehicles just got hotter. As part of its vision for tomorrow automated autonomous vehicles which Hyundai Motor terms as “high-performing computers on wheels”, it said today that it will partner with Cisco… Read More ›
With the race for tomorrow’s driverless cars becoming increasingly fierce, car manufacturers are now having to invest into software technologies. New legal proposals in Germany could see more software jobs outsourced to Bangalore, India. A senior official from Daimler, the… Read More ›
Sumner Redstone, a 92 year old majority stakeholder of Viacom, had opposed the sale. As per a report from the WSJ, Sumner Redstone, who holds a controlling stake in Viacom, is opposed to Phillipe Dauman’s, Viacom’s CEO, plans of selling… Read More ›
Last week the DOJ has filed a lawsuit to stop the merger as the resultant would leave only two dominant companies in the global well drilling and oil industry construction services industry. The equivalent of antitrust regulators in the European… Read More ›
Faced with increased competition from fast-fashion retailers as well as online rivals, PacSun has opted for bankruptcy protection. Pacific Sunwear of California Inc. (PacSun), a teen apparel, has succumbed to increased losses amongst fierce competition in the industry and will… 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 ›
Facing increasing competition from online home sharing companies, the chain is making strategic moves to ramp up its marketshare. In a strategic move, Europe’s largest hotel group, AccorHotels, has announced that it has acquired onefinestay, a top of the line… Read More ›
The World No. 1 & No. 2 smartphone manufacturers are battling it out to dominate the world’s fastest growing smartphone market. Loaded with special features, including a safety mode for motorcyclists, Samsung Electronics Co Ltd is shoring up its market… 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 ›
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