The British government has gone on appeal on a London High court ruling which stated that parliamentary approval will have to be required before she triggers Article 50 of the Lisbon Treaty. In what can be stated to be the… Read More ›
HR & Organization
Samsung Group to decide today whether it will split into two
The proposal had been put forward by Hedge fund activist Elliot Management. Seoul Economic Daily has reported today citing a source that Samsung Electronics will consider splitting into two, as suggested by U.S. activist hedge fund Elliott Management. A split… Read More ›
BMW’s revamped i3 to sport mile range in excess of 300km
BMW will relaunch the revamped i3 in 2017. German weekly, Welt am Sonntag has reported citing sources within the company who are familiar with the matter at hand, BMW plans on launching a new version of its i3 electric car… Read More ›
Johnson & Johnson approaches Actelion for a takeover
Of late Johnson & Johnson has been very active in the M&A sector. A significant portion of its earnings have been derived from acquired products. Bloomberg has reported citing sources familiar with the matter at hand, that Johnson & Johnson… Read More ›
Fiat Chrysler to hike head count by 2,000 at its Alfa Romeo plant in Italy
The news was announced by Italian Prime Minister Matteo Renzi at a conference in the plant. Italian Prime Minister Matteo Renzi has disclosed that Fiat Chrysler Automobiles will be creating as many as 2,000 new jobs at its Alfa Romeo… Read More ›
France-based Airbus test flights the world’s largest passenger aircraft
Airbus A350-1000 is scheduled to go into service in the second half of 2017. In a significant achievement, France-based Airbus’ largest passenger jet, the A350-1000, took to the skies for the first time. Made out of lightweight carbon-fiber, the A350-1000’s… Read More ›
EU-US agree on data sharing deal on security and terrorism
6 years in the making, the deal comes in the wake of mass surveillance by the U.S. in 2013. It now grants EU citizens the same rights as those enjoyed by American citizens. Lawmakers from the European Parliament has backed… Read More ›
Trump casts his shadow over the FCC
Donald Trump’s appointments to his tech policy transition team raise questions over the future of the FCC. With Republican President-elect Donald Trump naming two advisers to his tech policy transition team, there is widespread speculation as to what it would… Read More ›
Hackers gain access to data of 134,386 current and former sailors: U.S. Navy
An investigation by the U.S. Navy is in full swing. It wouldn’t be surprising if the findings of the investigation point a finger at the usual suspects. In a major security breach, hackers managed to gain sensitive information, including Social… Read More ›
China’s Ctrip acquires Scotland’s Skyscanner for $1.74 billion
Skyscanner is hugely popular among travelers and has an active customer base of 60 million users. Scotland-based travel search company Skyscanner Holdings Ltd has agreed to be bought over by China’s biggest online travel company, Ctrip.com International Ltd. Ctrip has… Read More ›
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