Gland Pharma’s backers include U.S. based KKR & Co LP while Shanghai Fosun Pharma has Guo Guangchang, China’s best known entrepreneur, as its founder. According to sources with direct knowledge of the matter at hand, the Shanghai Fosun Pharmaceutical Group… Read More ›
The PetroSaudi International has been left grappling with questions by the US authorities over its dealings with the scandal-racked 1MDB, the Malaysian state wealth fund. This Saudi company that was co-founded by a Saudi prince and claims to a “partner… Read More ›
However, VW is still on in the all clear. It will have to wait till October 18 wherein U.S. District Judge Charles Breyer will pronounce his verdict in a final approval. In a significant development in Volkswagen AG’s history, a… Read More ›
However investigations are still ongoing at Washington, Massachusetts and California. The company will count itself lucky if it can get off as lightly as this. According to officials from the state of Tennessee, Zenefits must pay the state $62,500 for… Read More ›
According to the Federal Aviation Administration separate regulation will be required before this service can commence in the U.S. In a significant development, Amazon.com has reported that it has entered into a partnership with the British government so as to… Read More ›
The deal is set to be announced before NYSE opens for trading today. According to sources familiar with the matter at hand, Verizon Communications Inc. is set to acquire Yahoo Inc. for about $5 billion. Sources have further revealed that… Read More ›
This could be a landmark case which sets the scope for insider trading. In what could result in a landmark ruling, a former Wall Street investment banker is set to face off federal prosecutors in a first case of insider… Read More ›
A legal conflict between two smartphone rivals has been escalated in China as more legal suits are filed against one after the other had done so some time back. Huawei Technologies Co Ltd was sued for patent infringements through multiple… Read More ›
It expects ChemChina to complete its acquisition by the end of this year. Syngenta has disclosed that it expects ChemChina to close its takeover deal by the end of 2016. Meanwhile it has reported an unexpected drop in lower profits… Read More ›
BMW is already heavily invested in the country with Thailand being its top export hub in the region. As per Thailand’s Industry Minister, BMW is considering setting up a new factory which will manufacture batteries for hybrid vehicles in the… Read More ›
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