Although the move by Carrier to keep nearly 1000 manufacturing jobs at its AC plant in Indianapolis will boost the local economy, the economics of such a decision needs to be studied since this could lead to significant price rise… Read More ›
Strategy
U.S Supermarket chain Albertsons in advanced talks with NY-based Grocery Store Price Chopper
If the deal goes through, Albertsons will significantly boost its presence in the U.S. Northeast where Price Chopper already has market presence. The move could help Albertsons fight off online retail giants such as ALDI Inc., Amazon.com Inc. and Wal-Mart… Read More ›
Presently Samsung will not entertain merger of holding company with Samsung C&T
Samsung Electronics has stated that it is currently reviewing the framework and company structure under which its subsidiaries can be clubbed. South Korean giant Samsung Electronics has clarified today that at present it isn’t considering a merger between its holding… Read More ›
Intel makes inroads into self-driving car market
Delphi Automotive and Israel-based Mobileye will be using Intel’s System-on-a-Chip (SOC) solution for their joint production of a self-driving vehicle. Intel’s chips will also be at the heart of BMW’s autonomous vehicles. In a development that is likely to be… Read More ›
Britain on a charm offensive before it invokes Article 50 of the EU Lisbon Treaty
Theresa May sees a friend in Polish Prime Minister Beata Szydlo since Poland too has called for reforms within the EU; Poland has ~830,000 citizens living in in Britain who have been harassed following Britain’s historic vote. British Prime Minister… Read More ›
Parliamentary approval must for Brexit – British think-tank
The British government has gone on appeal on a London High court ruling which stated that parliamentary approval will have to be required before she triggers Article 50 of the Lisbon Treaty. In what can be stated to be the… Read More ›
Samsung Group to decide today whether it will split into two
The proposal had been put forward by Hedge fund activist Elliot Management. Seoul Economic Daily has reported today citing a source that Samsung Electronics will consider splitting into two, as suggested by U.S. activist hedge fund Elliott Management. A split… Read More ›
BMW’s revamped i3 to sport mile range in excess of 300km
BMW will relaunch the revamped i3 in 2017. German weekly, Welt am Sonntag has reported citing sources within the company who are familiar with the matter at hand, BMW plans on launching a new version of its i3 electric car… Read More ›
Johnson & Johnson approaches Actelion for a takeover
Of late Johnson & Johnson has been very active in the M&A sector. A significant portion of its earnings have been derived from acquired products. Bloomberg has reported citing sources familiar with the matter at hand, that Johnson & Johnson… Read More ›
Fiat Chrysler to hike head count by 2,000 at its Alfa Romeo plant in Italy
The news was announced by Italian Prime Minister Matteo Renzi at a conference in the plant. Italian Prime Minister Matteo Renzi has disclosed that Fiat Chrysler Automobiles will be creating as many as 2,000 new jobs at its Alfa Romeo… Read More ›
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