In a move that has geo-economic and geo-political implications, the parent of search engine giant Google Inc. has expanded its footprint in the Americas by signing a deal with the Cuban government which allows improved internet access to Cuban citizens… Read More ›
British pension funds are stating that a respectable premium be paid for Sky by Fox. If Fox were to prolong negotiations such that the acquisition takes place after Theresa May’s government invokes article 50 of the EU Lisbon Treaty in… Read More ›
It is yet to be clarified whether this sum is in addition to Qatar’s $35 billion earlier commitment. Qatar’s sovereign wealth fund has disclosed that it will be investing upto $10 billion in infrastructure projects in the United States. This… Read More ›
The urgency with which Iran is hoping to import the jets before the May 2017 presidential elections show that the issue is likely to be used to boost Iranian President Hassan Rouhani’s image as a pragmatist. Iran’s flag carrier, IranAir… Read More ›
Federal cuts in the expansive U.S. defence industry is likely to affect many U.S. factory jobs. The U.S. Defence industry has come, yet again, under intense attack with U.S. President-elect Donald Trump coming down hard on Lockheed Martin Corp for… Read More ›
The deal is expected to close by the first week of 2017. Japanese brewer Asahi Group Holdings is set to acquire beer brands from Anheuser-Busch InBev in a $7.8 billion deal. The deal will boost its presence in the region…. Read More ›
With National Amusement abandoning the merger of Viacom with CBS, increased partnering between both seems to be the next logical step. Its $12 billion debt profile could discourage it to aggressively pursue companies. In an industry where scale matters, National… Read More ›
In an increasingly digital world, with the countries around the world opting for a cashless economy, these cyberattacks go to highlight the vulnerabilities of the global financial network and the urgent need to harden and strengthen them. While going cashless… Read More ›
If both companies were to merge, the number of boardrooms she is sitting on will also diminish. Shari Redstone, the daughter of media mogul, Sumner Redstone has withdrawn her support for the merger of Viacom and CBS Corp. She wants… Read More ›
Following Brexit and the devaluation of the British pound, British companies have become more interesting for companies looking to expand. U.S. based Twenty-First-Century Fox is in exploratory acquisition talks with British broadcaster Sky in could be a blockbuster deal. As… Read More ›
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