The duo have alleged that Shari Redstone is attempting to hijack her father’s plans. In the wake of Sumner Redstone removing Philippe Dauman and George Abrams from the seven member of Viacom and CBS Corp, Dauman and Abrams have filed… Read More ›
HR & Organization
Germany’s GDP projected to grow at 1.7% this year
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 ›
Kelly Hoggan replaced by Darby LeJoye as head of TSA
Hoggan had come under fire from the U.S. House Oversight Committee for monetary matters as well as for his handling of security checks for huge queues at airports. According to an internal TSA memo, its head of security has been… Read More ›
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 ›
Boeing’s 777 and 787 face increased write-off risks
Weakening oil prices could act as a break for the placement of orders of new aircrafts. As per a report that appeared yesterday in Barron, a financial news weekly, Boeing stock is vulnerable to fall as much as 15% from… Read More ›
Volkswagen’s board witnesses power struggle
Due to its shareholding structure, if VW’s preferential shareholders are denied a dividend payment for two years in a row, their shares will gain voting power thus in turn would diluted of other shareholders, in this case Lower Saxony. A… 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 ›
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