There can be a final announcement very soon by Walt Disney Co. about its acquisition bid for a large part of 21st Century Fox Inc., said media reports earlier in the week citing sources who are familiar with the matter… Read More ›
Strategy
Airbus conducts a high level management shakeup at the top
With the company’s A380 jet facing strong headwinds on takeoff, a shake up at the top management is on expected lines. On Friday, Airbus, Europe biggest planemaker has confirmed of a top management shake-up in the firm. As part of… Read More ›
Walt Disney acquires 21st Century Fox Inc for $52.4 billion
The deal, representing on the biggest in the movie and television industry in recent years, should be seen in the context of viewers migrating to technology companies such as Amazon.com and Netflix for their on-demand, anywhere, anytime access features. No… Read More ›
Elliott Management Corp springs second challenge to oil and gas producer Hess Corp
With comparatively higher cash reserves, Hess has come under renewed investor pressure to deliver better return to its shareholders. With activist hedge fund Elliott Management Corp calling the performance of oil and gas producer Hess Corp as “continuing underperformance”, it… Read More ›
Carmakers across the European Union post record sales
European carmakers, including PSA, Renault, VW and others have posted record sales in November. According industry data publishes on Thursday, car sales in Europe have risen by 5.8% with the PSA Group and Toyota posting the strongest sales among the… Read More ›
U.S. moves to protect Taiwan, brushes off Chinese protest
The development underscores U.S. efforts at bolstering Taiwan’s independence and securing its economy, the 7th largest in Asia, from Beijing, which has laid claims on the island as its own. Given the geopolitical scenario in the Korean peninsula, the development… Read More ›
Airbus is considering limiting the A380 program to just 6 a year
Ongoing negotiations with Saudi Arabia’s Emirates carrier, which is likely to place an order for 36 A380s, is likely to play a significant role in the future of the A380. A top executive from Airbus SE disclosed the airplane maker… Read More ›
ADB Predicts A Slower Growth Rate For Chinese Economy In 2018
According to the predictions and calculations of the Asian Development Bank, which released a report on Wednesday, there would be stunted growth in the Chinese economy in 2018 even as the bank expects a faster than expected growth for the… Read More ›
Abu Dhabi IPO Sees Investor Betting On A Better Pay Off On Middle East Oil
Share trading in one unit of an oil giant of Abu Dhabi in the first day of trading showed that the investors betting on the exposure to Middle East oil were right in their positivism. There was a rise in… Read More ›
Delegation from Russia’s defense minitry lands in Pyongyang
Having demonstrated its military prowess by largely wiping out the foes of Syrian President Bashar al-Assad and with the U.S. tasting limited success in its aims to engage North Korea’s leadership, Russia is once again flexing its diplomacy-backed military muscles… Read More ›
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