Ongoing negotiations with Saudi Arabia’s Emirates carrier, which is likely to place an order for 36 A380s, is likely to play a significant role in the future of the A380. A top executive from Airbus SE disclosed the airplane maker… Read More ›
Regulations & Legal
Delegation from Russia’s defense minitry lands in Pyongyang
Having demonstrated its military prowess by largely wiping out the foes of Syrian President Bashar al-Assad and with the U.S. tasting limited success in its aims to engage North Korea’s leadership, Russia is once again flexing its diplomacy-backed military muscles… Read More ›
France’s Unibail-Rodamco acquires Australia’s Westfield Corp for $24.7 billion, including debt
The combined company has properties strategically located in 27 of the world’s most alluring retail markets. In what is said to be the biggest takeover of an Australian company to date, France’s Unibail-Rodamco has agreed to acquire shopping mall owner… Read More ›
EU, US, Japan join forces to expose China’s economic designs on global trading practices
The alliance will have to streamline their efforts and work more closely since any unilateral action by any member could undermine their core strategic group effort. As per a source close to the discussions at hand, the European Union, the… Read More ›
Report Says Growing Interest In Microbiome-based Healthcare Applications
There has been enthusiastic media attention in recent year towards the study of the human microbiome. It denotes the trillions of microbes which exist symbiotically in the human body. In areas of health care applications such as therapeutics, metagenomics, and… Read More ›
Brookfield Property Partners LP pursuing mall owner GGP Inc with improved offer
A deal would enable the firm to have enough financial and market clout to take on e-commerce giants such as Amazon.com As per sources, GGP Inc, one of the largest owners and operators of U.S. shopping centers, has rejected a… Read More ›
Kobe Steel faces class-action lawsuits in Canada
Along with this barrage of canon fire, Japan’s third largest steelmaker is also facing the loss of 2 Japanese Industrial Standards (JIS) badges, which is likely to impact its ability to sell its products to customers. Class-action lawsuits have been… Read More ›
Toshiba Corp and Western Digital headed towards agreement related to the sale of Toshiba’s NAND memory chip unit
Sealing the agreement is critical for Toshiba as it has a cascading effect with its end result affecting its listing at the Tokyo stock exchange. As per sources familiar with the matter at hand, Western Digital and Toshiba Corp… Read More ›
Baupost Group led investors reap in $170 million in profits
Analysts opine SCANA will face heightened regulatory scrutiny over its decision to sell its stake in the upcoming nuclear power plants in South Carolina and Georgia. According to three sources familiar with the matter at hand, hedge funds led by… Read More ›
Xiaomi preparing for an IPO in early 2018
Sources familiar with the company’s plans say, Xiaomi’s likely valuation is expected to be $100 billion, if not more. Sources familiar with the matter have stated, Xiaomi Inc has asked banks to pitch next Friday for an initial public offering… Read More ›
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