Nokia has strengthened its position as a telecom product manufacturer with this acquisition. Nokia has already partnered with automobile manufacturers for smart cars that make extensive use of IoT. This acquisition could play a role in that equation. In a… Read More ›
Door latch issues have plagued Ford’s many models leaving consumers to latch their cars with ropes and seat belts. As a result of its recalls, Ford has made downward revisions to its adjusted full-year pre-tax profit forecast to $10.2 billion… Read More ›
With Iran no more shackled by U.S. led economic sanctions, Germany has taken the lead, given its historic ties with Iran, in restoring normality between the two nations and boosting trade ties. With Sigmar Gabriel’s, Germany’s Economic Minister, paying a… Read More ›
The deal, subject to regulatory approval, could see a combined cost saving of $110 million. U.S. based Janus Capital and London-listed Henderson Global Investors, former rivals, have decided to stop bickering and instead collaborate to form a $6 billion company… Read More ›
The lack of clarity as to what Britain seeks from its historic vote and the significant implications vis-à-vis it’s much vaunted financial sector, its largest export, is giving room for increased chaos and confusion. Many of Britain’s biggest banks are… Read More ›
If Bass Pro were to acquire Cabela’s it would necessarily draw antitrust scrutiny. According to sources who are familiar with the matter at hand, a consortium of Bass Pro Shops, Capital One Financial Corp and Goldman Sachs Group Inc’s private… Read More ›
National Amusements, Viacom’s controlling stakeholder, is gunning for the deal. Incidentally, Viacom and CBS split 10 years ago. National Amusements, the company which has a controlling stake in Viacom, has stated that the merger of Viacom Inc. and CBS Corp… Read More ›
In an e-mailed statement BlackRock has clarified that the charges do not impact its clients or its operations since the charges are against Mark Lyttleton, in his personal capacity. Britain’s market regulator has charged Mark Lyttleton, a former fund manager… Read More ›
Existing banks and financial institutions in the EU, can easily relocate to France since their existing legal documents in English are now acceptable for registration in France. There is no need for translating them in French. With Brexit taking its… Read More ›
Having identified loopholes in the current export norms the Commission is trying to plug them while tightening them even further so that they aren’t misused in the hands of extremists and rogue governments. So as to reign in human rights… Read More ›
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