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 ›
Strategy
Walt Disney’s digital content to stream on Alibaba’s Youku platform
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 ›
British Biotech And Life Sciences Firms To Get US$1.3b In Chinese Investment Following May’s China Visit
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 ›
Bank of England Warns Of Rate Hike Sooner Than Markets Expect
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 ›
Didi Teams Up With Softbank To Enter Japanese Taxi Industry
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 ›
South Korea weighs its options after call for help from General Motors Korea
Detroit based carmaker is facing strong headwinds in South Korea. Persistent remours have fueled talks of a pullout. On Friday, South Korea’s finance minister stated the country is weighing several options vis-a-vis General Motors Co’s operations in the country following… Read More ›
Qingdao Haier Co Ltd likely to launch D-shares in Frankfurt
Through the launch of these D-shares at the infant Frankfurt-based China Europe International Exchange (CEINEX), Chinese companies are expanding their foothold in Europe and flanking the U.S., where the Trump Administration, increasingly aware of China’s designs, is taking steps to… Read More ›
Full Employment Status Conferred On Couriers Carrying Blood For NHS Of U.K.
Full employment has been won by couriers carrying emergency blood supplies for the NHS of the U.K. This perhaps the first time that such a recognition has been given to a constituent of what is defined as the gig economy…. Read More ›
International Markets To See More Client Assets Invested In 2018 By Financial Advisors, Despite Geopolitical Uncertainty
Among the concerns that are at the top of the mind of financial advisors when investing overseas is geopolitical uncertainty. However, that concern is not enough to dissuade them from continuing to invest in international assets in 2018. This was… Read More ›
BlackRock to raise $10 billion for equity investments: source
The move will place it in direct competition with Berkshire Hathaway Inc and Blackstone Group. As per a source familiar with the matter at hand, BlackRock Inc, the world’s largest asset manager, plans on raising around $10 billion as part… Read More ›