20% of Fitch subsidiaries in France, Britain, and Spain had been affected by the conflict of interest. On Thursday, the European Union’s markets watchdog, the European Securities and Markets Authority (ESMA), has fined credit rating agency Fitch a record $5.78… Read More ›
Strategy
Merck KGaA Puts For $5.9 Bln Hostile Takeover Bid For Versum
A hostile bid acquisition offer for Versum Materials worth a total of $5.9 billion all-cash deal was launched by German pharma group Merck KGaA on Tuesday as the German firm attempts to increase its presence in the semiconductor materials market…. Read More ›
Report Finds That Too Much Power Was Concentrated In Former Nissan Chief Ghosn
The former disdained chairmen of Nissan Motor Corp – Carlos Ghosn was given too much authority, claims the outcome of an external report comprising of a panel of experts. The aim of setting up the panel by the company was… Read More ›
Volkswagen strikes strategic partnership with Amazon for industry cloud
Volkswagen’s tie up with Amazon will help improve production at its factories. According to a report by Germany newspaper Sueddeutsche, the European Union’s biggest carmaker Volkswagen has struck a strategic partnership with Amazon.com Inc to create a kind of “industry… Read More ›
New Vehicles Price In US Reach Highest Ever, Resulting In Drop In Sale
Those customers at the lower end of price spectrum of the United States auto industry are being forced to move out of the market for new cars because most of the prices of the new models and vehicles are much… Read More ›
Need For Evolving Oversight For Aircraft Security Certification, FAA Says: Reuters
According to a report published on Tuesday by the global news agency Reuters, a congressional panel of the United States was told by the acting head of the U.S. Federal Aviation Administration that there needs to be some evolvement of… Read More ›
No shift in DUP stance over May’s Brexit deal: BBC’s political editor
The DUP plays a pivotal role in supporting May’s minority government. According to Laura Kuenssberg, BBC’s political editor, the leader of the Northern Irish Democratic Unionist Party, Arlene Foster, has not shown any change to her opposition to British Prime… Read More ›
Viacom and AT&T renew carriage contract, avoids blackout of DirectTV
AT&T, Viacom’s largest distributor, opined that Viacom’s channels are no longer as popular as they once were; AT&T was responsible for 15% of Viacom’s 2018 revenues. Although the terms of the deal have been disclosed, it would not be very… Read More ›
Brexit – A Shakespearean tragedy starring Theresa May
British Prime Minister Theresa May is a puppet at the hands of the rebel lawmakers, including ones from her own Conservative Party, as well as that of the Northern Irish Democratic Unionist Party (DUP), which props up her minority government…. Read More ›
Bank of Japan’s quantitative and qualitative easing has boosted productivity: Yutaka Harada
Yutaka Harada, a member of Japan’s central bank – the Bank of Japan, is known for advocating aggressive monetary easing policies. On Monday, Yutaka Harada a board member from the Bank of Japan defended the central bank’s asset-buying spree program,… Read More ›