The urgency with which Iran is hoping to import the jets before the May 2017 presidential elections show that the issue is likely to be used to boost Iranian President Hassan Rouhani’s image as a pragmatist. Iran’s flag carrier, IranAir… Read More ›
HR & Organization
U.S. Defence industry could face federal cuts under Donald Trump
Federal cuts in the expansive U.S. defence industry is likely to affect many U.S. factory jobs. The U.S. Defence industry has come, yet again, under intense attack with U.S. President-elect Donald Trump coming down hard on Lockheed Martin Corp for… Read More ›
AB InBev sells its East European beer brands to Asahi
The deal is expected to close by the first week of 2017. Japanese brewer Asahi Group Holdings is set to acquire beer brands from Anheuser-Busch InBev in a $7.8 billion deal. The deal will boost its presence in the region…. Read More ›
National Amusements is likely to focus on increased partnership between Viacom and CBS
With National Amusement abandoning the merger of Viacom with CBS, increased partnering between both seems to be the next logical step. Its $12 billion debt profile could discourage it to aggressively pursue companies. In an industry where scale matters, National… Read More ›
World’s banking backbone under attack from hackers
In an increasingly digital world, with the countries around the world opting for a cashless economy, these cyberattacks go to highlight the vulnerabilities of the global financial network and the urgent need to harden and strengthen them. While going cashless… Read More ›
Shari Redstone pulls the rug out of CBS-Viacom merger
If both companies were to merge, the number of boardrooms she is sitting on will also diminish. Shari Redstone, the daughter of media mogul, Sumner Redstone has withdrawn her support for the merger of Viacom and CBS Corp. She wants… Read More ›
Fox in acquisition talks with Sky – Sources
Following Brexit and the devaluation of the British pound, British companies have become more interesting for companies looking to expand. U.S. based Twenty-First-Century Fox is in exploratory acquisition talks with British broadcaster Sky in could be a blockbuster deal. As… Read More ›
Aetna’s $34 billion acquisition of Humana violates antitrust law – U.S. Justice Department
According to the Justice Department, the acquisition violates antitrust law since it adversely affects the insurance of individuals who are covered under Obamacare and the disabled who are on Medicare. However, changes to these laws are on the anvil with… Read More ›
Ford Motor to raise $2.8 billion to fund its foray into EVs and self-driving technology
At the same time, Ford Motor is also trying to catch up with General Motor by boosting the production and sale of its large SUVs. According to a filing with the U.S. SEC, Ford Motor Co is set to raise… Read More ›
Barclays exits from trading in energy
Barclays exit isn’t surprising since many large investment banks have also minimized their profile in the energy trade following the 2008 financial crisis. While merchant traders have sought to fill its shoes, given their aversion to the futures market and… Read More ›
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