There is a growing nervousness amongst investors since the window of opportunity of avoiding a trade war is rapidly closing. On Friday, with media reports stating that U.S. President is set to impose “pretty significant” tariffs against China, shares across… Read More ›
Broadcom expects to incur the majority of its termination costs during the third quarter. Following Broadcom Inc’s $5.5 billion merger with Brocade Communications Systems in November 2017, it is now planning on laying off nearly 1,100 employees as part of… Read More ›
Comcast has reportedly prepared a counter bid for 21st Century Fox and its assets to thwart attempts by Disney. It has been reported that he former has prepared bid for $65 billion all-cash offer to counter the $52.4 billion deal… Read More ›
Under the WTO’s dispute settlement process, holding consultations is the first step. It is not clear whether the U.S. will agree to such a request. As per a source in the Japanese government with direct knowledge of the matter at… Read More ›
Rolls Royce’s aeronautical engine business, its biggest cash cow, is facing severe issues resulting in the grounding of planes. On Thursday, British engineering firm Rolls-Royce disclosed it would be cutting 4,600 jobs primarily from the UK as part of a… Read More ›
Carlos Ghosn will continue to be the CEO and chairman of the Renault-Nissan-Mitsubishi alliance. On Thursday, as per a report from the Financial Times, Renault SA’s CEO Carlos Ghosn is likely to step down from the post before the end… Read More ›
Comcast’s all cash offer may not go down well with Fox’s biggest shareholder, the Murdoch family, since accepting the deal would force it to potentially pay a multi-billion dollar capital gains tax. In a move that has essentially sparked a… Read More ›
Although rumors of a 3-way split are doing the rounds, analysts from Goldman Sachs opine, given the preference of clients who choose ad agencies with integrated services over others, divestments and sales of assets are unlikely to be considered in… Read More ›
Blackstone’s real estate fund set a new record as the largest-ever investment fund dedicated to the real estate sector in Asia. As part of a strategic move, U.S. private equity fund Blackstone Group LP has raised $9.4 billion in a… Read More ›
The move is aimed at keeping its earlier promise to shareholders that it would reward them. On Wednesday, Toshiba Corp stated, it would buyback its shares worth at least $6.3 billion (700 billion yen). Toshiba’s move comes in the wake… Read More ›
manageria.biz 