The activist investors have stated that by itself Xerox still has enormous value for shareholders and that its divestiture to Fujifilm is not justified given the premium offered by the Japanese firm. Xerox Corp’s $6.1 billion deal to divests its… Read More ›
The whistleblower who claims to have held senior roles in the investment sector, has approached the SEC through a law firm. A Washington-based law firm, representing an “anonymous whistleblower” told U.S. financial regulators that they should investigate a scheme that… Read More ›
If media reports are to be believed, plans for the development of a new discount grocery chain for countering the low prices grocers Aldi and Lidl is being secretly prepared by Tesco – the largest supermarket group in the United… Read More ›
The Lunar New year Holiday means cramped trains for millions of Chinese trying to get back home. But that situation is being changed by the advent of high speed railways in the country. China has embarked on a plan to… Read More ›
Allegations of widespread wrong-doings have plagued Australia’s finance sector since many years, adding pressure on the industry to undergo a thorough root-and branch reform. On Monday, the head of the government-backed inquiry which is delving into Australia’s finance sector to… Read More ›
Although Fox prefers a deal with Disney rather than Comcast, more clarity on the deal will emerge later this summer when Fox, in its regulatory filing, justifies the potential deal with Disney, to its shareholders. According to sources familiar with… Read More ›
The deal represents a breakthrough for Walt Disney in its efforts to enter China. On Monday, Alibaba Group Holding Ltd stated its entertainment business has signed a licensing agreement with Walt Disney Co to provide Disney’s collection of animation on… Read More ›
Two venture capital firms in Britain got investment commitments worth 8 billion yuan (US$1.3 billion) from investors in mainland China in the week following the visit of British Prime Minister Teresa May. This is reflective of the enhanced interest of… Read More ›
There are chances that the rates of banking interest in the United Kingdom could get raised earlier than is being expected by the market, warned the governor of the Bank of England (BoE) during his quarterly BoE inflation report speech…. Read More ›
The Japanese taxi industry is going to be the new foreign market for Chinese ride hailing company Didi Chuxing as the company announced that it is planning to get into an agreement with the Japanese investment institution Softbank for setting… Read More ›
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