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Strategy
AccorHotels expands its presence in the luxury home rental segment
Facing increasing competition from online home sharing companies, the chain is making strategic moves to ramp up its marketshare. In a strategic move, Europe’s largest hotel group, AccorHotels, has announced that it has acquired onefinestay, a top of the line… Read More ›
Apple’s India strategy hinges on importing refurbished iPhones
The World No. 1 & No. 2 smartphone manufacturers are battling it out to dominate the world’s fastest growing smartphone market. Loaded with special features, including a safety mode for motorcyclists, Samsung Electronics Co Ltd is shoring up its market… Read More ›
Heads begins to roll as a result of the Panama Papers
The President of Iceland, Sigmundur David Gunnlaugsson, has resigned following the startling disclosures in the Panama Papers. In what has been ascribed as the first casualty of the ‘Panama Papers’, Sigmundur David Gunnlaugsson, Iceland’s Prime Minister, has resigned on Tuesday…. Read More ›
Amazon, Microsoft in Talks to Acquire Stake in HERE, Confirms Daimler
Daimler confirmed on Wednesday that talks were on between Amazon and Microsoft with Germany’s luxury carmakers for taking a minority stake in HERE to help develop self-driving cars. HERE is a digital mapping business that is controlled by a Germany carmakers’… Read More ›
Rising inflation nips at the value of the Greenback
All eyes are on Fed Chair Janet Yellen as she attempts to introduce inflation to the U.S. in a slow and controlled manner. Currency analysts are predicting a greater weakness in the greenback in the wake of the Federal Reserve… Read More ›
New redomiciling rules lay waste to Pfizer’s acquisition of Allergan
Companies will now have to re-work their tax strategies in order to optimize their U.S. tax profile. In what has been described as a major victory for President’s Obama’s drive to curb tax dodging moves made by corporates, Pfizer Inc’s… Read More ›
Dots of Panama Paper were joined by Journalists using Software of Small Australian Firm
Journalists probing the contents of the Panama Papers, one of the biggest document leaks in history were helped by software produced by a little-known Australian developer. The software helped the journalists to piece together news leads from the mountains of… Read More ›
DOJ drags ValueAct to court for regulatory notification violations
ValueAct had settled earlier disputes by paying a penalty of $1.1 million. In this case however, the lawsuit hinges on the definition of “passive” holdings as defined in the Hart-Scott-Rodino (HSR) Act. Citing violations of notification requirements related to Halliburton… Read More ›
LIFT by Encore becomes Boeing sole supplier for seats
The contract covers the current 737 jets as well as the next generation MAX jumbo jets. In a development that has been termed by industry experts as boosting competition, Boeing Co has said it has finalized on a new aircraft… Read More ›