This M&A will be a litmus test for Margrethe Vestager, the European version of an antitrust commissioner. As per multiple sources familiar with the matter at hand, CK Hutchison Holdings has struck a network-sharing deal with Virgin Media and Sky… Read More ›
JPMorgan Chase & Co. has advised shareholders to vote against any proposal that proposes a splitting up of the bank, since an internal 2015 review had concluded that such a move would go against shareholder’s interest. JPMorgan Chase & Co… Read More ›
Faced with increased competition from fast-fashion retailers as well as online rivals, PacSun has opted for bankruptcy protection. Pacific Sunwear of California Inc. (PacSun), a teen apparel, has succumbed to increased losses amongst fierce competition in the industry and will… Read More ›
Egypt has struggled with discontent and poverty following the crackdown on the Muslim Brotherhood. Reuters has reported citing two Egyptian government sources that Saudi Arabia is all set to sign a $20 billion deal with Egypt so as to develop… Read More ›
Working for a big firm within the corporate finance world can sometimes be intimidating. But at Duff & Phelps, the premier global valuation and corporate finance advisor, the culture, ambiance and results they offer can be truly enjoyable for all… Read More ›
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 ›
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 ›
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 ›
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 ›
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 ›
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