Thales did not offer any concessions to address overlapping concerns. On Thursday, as per two sources familiar withe the matter at hand, antitrust regulators from the European Union are set to launch a full-scale investigation into French aerospace and defense… Read More ›
Regulations & Legal
Drugs Stockpiling In EU To Be Done By AstraZeneca For A Hard Brexit
Anticipating a no-deal Brexit, drug company AstraZeneca plans to enhance its stockpiles of drugs in Europe by almost 20%. There could be a possible hard Brexit in April 2019 and the European regulator has informed companies to get ready for… Read More ›
One Third Of Global Economy Covered In EU-Japan Trade Deal
Tariffs on almost all exported gods were either reduced or completely eliminated in a new free trade deal that was signed between the European Union and Japan on Tuesday. The deal encompasses almost 600 million people and about one third… Read More ›
China To Ease Monetary Policy To Counter Trade War
Following the ongoing trade war with the United States, it is likely that China would announce a shift in its monetary policy from one that leverages to one that is able to buttress” growth. This after the second largest economy… Read More ›
WTO needs rules on forced transfer of technology: European Council President Donald Tusk
European Commission President Jean-Claude Juncker and European Council President Donald Tusk are in Beijing to meet Chinese Premier Li Keqiang for the annual China-EU leaders dialogue. On Monday, Donald Tusk, the President of the European Council stated, the World Trade… Read More ›
China registers highest trade surplus levels with U.S. in June since Dec. 2017
The data could potentially prolong and deepen the ongoing trade war. Official data from the U.S. shows, Beijing’s exports to the United States, have unexpectedly risen to record highs. China’s trade surplus with the U.S. peaked in June and could… Read More ›
Broadcom’s proposes $19 billion acquisition of U.S. software firm CA
Earlier the Trump Administration had blocked Broadcom’s $117 billion hostile bid to acquire Qualcomm Inc citing national security concerns. But since then in a cunning move, Broadcom has re-domiciled from Singapore to the U.S, which places it outside of CFIUS’… Read More ›
Comcast raises its bid for Britain’s Sky to $32.5 billion
Tune in to the M&A channel to view the latest in the top prime time drama over Britain’s Sky. Topping Rupert Murdoch’s Twenty-First Century Fox’s bid for Britain’s Sky, Comcast Corp raised its offer to $32.5 billion. Previously, Fox had… Read More ›
Rupert Murdoch’s 21st Century Fox agrees to acquire Sky for 24.5 billion pounds
Having outbid Comcast, 21st Century Fox expects to receive regulatory approval from Britain later this week. On Wednesday, 21st Century Fox stated it has secured a deal to acquire Britain’s Sky for 24.5 billion pounds. Rupert Murdoch’s 21st Century Fox… Read More ›
Shanghai to open up auto sector to foreign investment
The developments comes a day after Tesla announced that it would build an auto plant in Shanghai that would double its global auto manufacturing capacity. On Wednesday, Huang Ou, the deputy director of Shanghai Commission of Economy and Information Technology… Read More ›