There are reports that the battle between Comcast and Twenty-First Century Fox for Sky could end up in an auction next month by Britain’s takeover regulator in what would be a rare step to intervening in an acquisition battle. The… Read More ›
Strategy
Scooter Renting Firms Are Being Given A Second Thought By US Cities
There is a rethinking among cities in the United States that at one point in time were against startups dealing in renting of electric scooters and as reports say, the authorities view is slowly turning to positive. There were strict… Read More ›
Amsterdam To Be The New European HQ Of Panasonic Instead Of UK
The European headquarters of the Japanese electronics company Panasonic would be moved away from the UK to Amsterdam in October because of Brexit concerns. Panasonic Europe’s chief executive Laurent Abadie said that the main aim of the move is to… Read More ›
Elliot Management finds Sky’s worth more than $34 billion
The bidding war for Sky’s assets are set to intensify in September, with Sept. 22 being the closing date for any such bid. British antitrust regulators have disclosed that Elliott Management believes Sky’s valuation is more than $34 billion, higher… Read More ›
U.S. trade relations improve with EU, Mexico and Canada
In what is likely to be a strategic move, the United States has moved quickly to reach new trade deals with Mexico, the EU and Canada and in doing so it can then focus its energies on China, which is… Read More ›
The EU must prepare for a no-deal Brexit: Michel Barnier
While Michel Barnier garbed the warning saying the EU must be ready for any eventuality, it comes in the wake of British Prime Minister Theresa May saying a no-deal “wouldn’t be the end of the world”. Although her comments were… Read More ›
Select countries get relief from U.S. tariff hikes for aluminum and steel
The U.S. Commerce Department has stated Trump has signed proclamations permitting relief from U.S. tariffs on aluminum and steel for a select few countries. As per the U.S. Commerce Department, U.S. President Donald Trump has signed proclamations which permit targeted… Read More ›
China’s Fosun To Continue With Overseas Deals Despite Trade War
Following its emergence from the scrutiny of Chinese regulators over debt-fuelled shopping abroad by Chinese conglomerates, the Chinese firm Fosun International claimed that it still plans to conduct overseas acquisitions. The firm announced that the planned acquisitions would be targeted… Read More ›
Facebook Removes Accounts Of Top Myanmar Military Men After UN Report Of Rohingya Genocide
Facebook has been impacted by a United Nations report that claimed that the genocide to cleanse the country of the Rohingya minority community was brutally carried out by the military of Myanmar and the report also identified and named some… Read More ›
Deutsche Bank to maintain global presence
Christian Sewing has made it lucidly clear to investors that Deutsche Bank will maintain its global presence and support its customer’s global businesses. On Wednesday, Deutsche Bank’s CEO Christian Sewing told a banking conference that Germany’s biggest lender will stick… Read More ›