EU members will decide today on who will represent the block at the IMF. On Friday, European Union member states are set to vote on who will represent the bloc in the International Monetary Fund following a missed opportunity to… Read More ›
HR & Organization
13 state Attorney Generals request new trial date for T-Mobile US Inc’s proposed merger with Sprint Corp
T-Mobile U.S. Inc’s merger with Sprint Corp faces last hurdle. In a letter to Magistrate Judge Robert Lehrburger dated July 31, attorney Glenn Pomerantz, who represents a group of 13 state attorneys general, requested that the trial date be set… Read More ›
Nexstar Media Group Inc and Tribune Media Co must divest TV station in 13 markets: US Justice Department
Nexstar Media Group Inc and Tribune Media Co will have to divest TV station in 13 markets so that their $6.4 billion deal satisfies antitrust concerns. The U.S. Justice Department told Nexstar Media Group Inc and Tribune Media Co that… Read More ›
Amazon holding exploratory talks to acquire stake in Reliance Retail
Amazon and Walmart are competing to expand their footprint in India – one of their most important growth markets. On Thursday, according to a report from the Economic Times, Amazon.com Inc has engaged in exploratory talks with India’s Reliance Industries… Read More ›
Impossible Food expands production facilities for plant-based burgers
The plant-based burgers space is booming with demand for healthy environment-friendly food far exceeding supply. On Wednesday, Impossible Foods, a plant-based burger maker, announced its partnership with OSI Group, a major meat supplier, as it increases its efforts to meet… Read More ›
Roche extends $4.3 billion takeover offer for Spark Therapeutics to September 3
The decision comes in the wake of continuing regulatory scrutiny by antitrust regulators in the UK and U.S. over its takeover offer. Following a continuation of regulatory reviews in the United States and Britain, Roche and Spark Therapeutics announced another… Read More ›
Decision on license to U.S. companies for doing business with Huawei by next week: Wilbur Ross
The U.S. is likely to grant special licensees to U.S. companies who are seeking to maintain non-national security related business ties with China’s Huawei. According to a statement by U.S. Commerce Secretary Wilbur Ross, the Trump administration may respond by… Read More ›
Philippines’ San Miguel Corp set to win $145 billion new airport project
The new international airport, which will be built over a 50 year concession period, will cater to 100 million passengers per year. On Wednesday, as per a government official from Philippines, San Miguel Corp, a conglomerate is set to win… Read More ›
Beyond Meat manufacturing facilities stretched due to heightened demand
With a phenomenal surge in demand for Beyond Meat’s products, the company has had to revise its full year profit earnings. Although Beyond Meat Inc’s shares have slipped just three months after its IPO, demand for its plant-based burgers and… Read More ›
Newell Brands Inc appoints Ravi Saligram as its Chief Executive
Newell Brands Inc is currently led by its CFO Christopher Peterson, who was appointed as its CEO on an interim basis. On Tuesday, according to a report by the Wall Street Journal, U.S. household goods maker Newell Brands Inc, has… Read More ›