The acquisition will enable Recruit to expand its reach in the U.S. job market. On Wednesday, Recruit Holdings Co, a Japanese HR services provider disclosed it will acquire Glassdoor Inc for $1.2 billion. The move will enable Recruit to tap… Read More ›
Regulations & Legal
Shares of major French companies feel the tremors of U.S. withdrawal from Iran nuclear deal
The U.S. withdrawal has made dealing with Iran more complicated for EU companies which have business ties to Iran. With U.S. President Donald Trump withdrawing the United States from a nuclear deal with Iran, shares of major French companies, which… Read More ›
Activist investor Carl Icahn, Darwin Deason win appeal against Xerox Fujifilm merger
Xerox loses bid for quick appeal against merger with Fujifilm Holdings. As per a court filing, Xerox Corp has disclosed it has lost a bid for a quick appeal of a decision to block its deal with Fujifilm Holdings. The… Read More ›
World’s Biggest IPO Since 2014 To Be Launched By Chinese Tech Company Xiaomi
In what is potentially the biggest public listing for a Chinese technology company in almost the last four years, Xiaomi., the Chinese smartphone and connected device maker, filed for its Initial Public Offering at the Hong Kong stock exchange earlier… Read More ›
China’s Warning To Airlines Is Called ‘Orwellian Nonsense’ By White House
Foreign airlines were warned by China that they should change the manner in which they identify Taiwan and some other areas in on their company websites recently. This has been publicly admonished by the White House. Any information on their… Read More ›
Xerox retains management team and CEO following expiry of deal with Icahn and Deason
With the NY Supreme Court judge holding off from taking a decision in this case and with the next hearing yet to be scheduled, Fujifilm Holdings scored a small victory against activist shareholders Carl Icahn and Darwin Deason over their… Read More ›
Demand for DirectTV or Turner divestment could lead to no deal: AT&T
Judge Richard Leon is expected to take a decision on the proposed merger by June 12. As per a court filing, AT&T wants a federal judge to reject any request by the U.S. Justice Department which compels it to divest… Read More ›
LGM Partners’s disclosures reveals details of vol-mageddon
For the first time, LGM massive losses, due to vol-mageddon, have now been revealed in a court filing. In the first public disclosure which details as to why LGM Partners Ltd, a fund manager, became one of the biggest casualties… Read More ›
VW’s biggest Institutional investor likely to oppose board’s nominees
Volkswagen’s AGM tomorrow promises to be eventful with Hermes EOS saying the nominees forwarded by VW’s board essentially contradicts independent representation in the automaker’s controlling panel and undermines the principles of corporate governance. On Wednesday, Hermes EOS, an investment advisory… Read More ›
Samsung BioLogics Co under investigation for breach of accounting rule
Analysts opine that South Korea’s newly amended listing rule do not state that a positive net profit is a prerequisite; this could potentially shield the company from this line of investigation. On Wednesday, shares of Samsung BioLogics Co Ltd fell… Read More ›