Hanjin Shipping has filed for bankruptcy in the U.S. following its credit bankers not extending financial support to its operations. The Wall Street Journal has reported citing a filing by Hanjin Shipping Co Ltd that the troubled shipper has filed… Read More ›
The suit claims that by prioritizing their role as BlackBerry’s advisers when it was in the process of acquiring Good Technology, JPMorgan had not only a conflict of interest, it did not satisfy its advisory role to Good Technology which… Read More ›
After handing Apple a breathtaking demand for 13 billion euros, officials and experts said that multinational companies can expect the European Commission to press on with a crack down on sweetheart tax deals. But after a string of investigations of… Read More ›
As the European Commission finally decides on tax arrangements between the company and the Dublin government this week, Apple and Ireland is expected to face the ire of the body. Apple could be made liable for billions of euros in… Read More ›
Under the proposed European rules that are designed to shore up the collapsing revenues of traditional media companies, news publishers would have stronger rights to demand payment from digital giants such as Google and Facebook in exchange for using their content…. Read More ›
In a report released on Thursday, U.K. lawmakers alleged of “consciously failing” to stop their sites from being used to promote terrorism and recruit extremists on the part of social media firms including Facebook, Twitter and YouTube. Urging the technology giants… Read More ›
Musk’s two cousin who are on SolarCity’s board have also acquired $17.5 million each of SolarCity’s $124 million bond offering. According to a filing made by Tesla Motors, Elon Musk, its CEO, is said to be purchased bonds worth $65… Read More ›
With VW cancelling a contract, its two suppliers CarTrim and ES Automobilguss had to suffer heavy losses running into tens of millions. They are wanting to be compensated for the same. If VW were to allow these losses to be… Read More ›
A surge in domestic demands and Iran’s appetite for German goods are likely to fuel further growth in Germany’s economy. After the removal of international sanctions against the Iran, Germany’s exports of equipment and machineries to the Islamic Republic has… Read More ›
Pfizer’s zeroes in on Medivation with its offer of a little more than $80 per share. According to sources familiar with the matter at hand, Pfizer Inc. is said to be in advanced talks with Medivation Inc. so as to… Read More ›
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