To ensure that the continent of Europe can benefit from new data-driven technologies, a call for the removal of barriers to the free flow of data both within and outside the 28-nation bloc was given by nearly half of the… Read More ›
Regulations & Legal
Volkswagen’s board witnesses power struggle
Due to its shareholding structure, if VW’s preferential shareholders are denied a dividend payment for two years in a row, their shares will gain voting power thus in turn would diluted of other shareholders, in this case Lower Saxony. A… Read More ›
Volkswagen to emerge from diesel emission test scandal, wants to pursue new path
The new strategy will be unveiled in mid-June this year. According to excerpts of a speech yet to be given by Volkswagen’s CEO Matthias Mueller, Europe largest auto manufacturer is set to announce a new strategy in mid-June. Volkswagen has… Read More ›
Phillip Dauman and Abrams removed from Viacom, CBS Boards and National Amusements Inc boards
With this move Sumner Redstone’s daughter Shari Redstone will have more sway over the remaining board members. As per two sources who are familiar with the matter at hand, Sumner Redstone, media mogul, has removed Philippe Dauman, Viacom’s CEO and… Read More ›
EU antitrust regulators set to approve AB-InBev’s acquisition of SABMiller
AB InBev set to get conditional nod from the European Commission for its acquisition of SABMiller. According to three sources who are familiar with the matter at hand, antitrust regulators from the European Union are set to conditionally approve AB… Read More ›
The European Commission wants to streamline and regulate the content of streaming Services
The proposals will are to be announced on May 25. In what could be a strategic game changer for Amazon Prime and Netflix, under a new set of proposals for the European Union, scheduled to be released sometime next week,… Read More ›
Did Suzuki Motors fudge with the fuel economy of its vehicles?
As per Kyodo News agency, Suzuki Motor Corp is suspecting to have cheated the public with the fuel economy of its vehicles. Japanese news media have reported that Suzuki Motor Corp has been suspected of using improper testing methods for… Read More ›
Gannett chasing Tribune with a $864 million offer
Although Tribune doesn’t seem to be particularly interested, increasing overheads and reduced finances could see the publishing houses come to the negotiating table. In its bid to acquire Tribune Publishing Co., Gannett Co Inc., which publishes USA Today, has raised… Read More ›
ChemChina-Syngenta deal comes under increased scrutiny with USDA joining the review panel
With this deal China is looking for a strategic hold on global food supplies. As per multiple sources familiar with the matter at hand, the U.S. Department of Agriculture is set to join the U.S. government panel that is in… Read More ›
Google to face record antitrust fine by the European Commission
The European Commission has the power to impose antitrust fines of upto 10% of a company’s annual sales, which for Google could be 6 billion euros. The Sunday Telegraph has reported that Google is facing a record 3 billion euros,… Read More ›