This marks the biggest acquisition in the oil and gas sector since 2014. In a deal that is set to create the largest North American energy infrastructure company, Canada’s Enbridge Inc. has disclosed its intention of acquiring Houston based Spectra… Read More ›
With this acquisition Ackman has again waded into the fast-food sector. While he will shake up the board on a variety of issues including director’s tenure, Pershing Square itself will be under immense pressure to perform given its lackluster performance… Read More ›
The pact needs to be operationalized into an oil freeze deal which could then see reduction in crude oil production from two of the world’s top producers. In a development that could potentially have far reaching consequences, Russia and Saudi… Read More ›
Can the EU risk giving Britain a unique deal of restricted immigration and unrestricted access to its single market? The exception could become the rule. According to Britain’s minister who is charged with negotiating Brexit, the country is pushing for… Read More ›
Since it is especially hard to gauge the impact of this exercise, extending it beyond its stipulated March date may leave it in a vulnerable position, especially since it is running out of options to buy quality debt bonds. The… Read More ›
Although the manufacturing and the service sectors have been shaken as an outcome of the referendum, the fall of the sterling has boosted the value of Britain’s exports as well as boosting the cost of its imports. The coming cut… Read More ›
SpaceX has successfully flown 9 missions. Last week’s explosion was only its 2nd mishap. As an outcome of SpaceX’s satellite launch being destroyed during liftoff, Israel’s Space Communication Ltd is now seeking $50 million from the company or a free… Read More ›
Hanjin Shipping has filed for bankruptcy in the U.S. following its credit bankers not extending financial support to its operations. The Wall Street Journal has reported citing a filing by Hanjin Shipping Co Ltd that the troubled shipper has filed… Read More ›
The suit claims that by prioritizing their role as BlackBerry’s advisers when it was in the process of acquiring Good Technology, JPMorgan had not only a conflict of interest, it did not satisfy its advisory role to Good Technology which… Read More ›
Despite this move, according to a source with the knowledge of the matter, Google could license the technology to its partners and technologies developed from Project Ara could still see the light of day. According to two sources with the… Read More ›
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