A hostile bid acquisition offer for Versum Materials worth a total of $5.9 billion all-cash deal was launched by German pharma group Merck KGaA on Tuesday as the German firm attempts to increase its presence in the semiconductor materials market…. Read More ›
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Report Finds That Too Much Power Was Concentrated In Former Nissan Chief Ghosn
The former disdained chairmen of Nissan Motor Corp – Carlos Ghosn was given too much authority, claims the outcome of an external report comprising of a panel of experts. The aim of setting up the panel by the company was… Read More ›
New Vehicles Price In US Reach Highest Ever, Resulting In Drop In Sale
Those customers at the lower end of price spectrum of the United States auto industry are being forced to move out of the market for new cars because most of the prices of the new models and vehicles are much… Read More ›
Need For Evolving Oversight For Aircraft Security Certification, FAA Says: Reuters
According to a report published on Tuesday by the global news agency Reuters, a congressional panel of the United States was told by the acting head of the U.S. Federal Aviation Administration that there needs to be some evolvement of… Read More ›
Italy First G7 Country To Join China’s New Silk Road Project
The first developed economy of the west to agree to be a part of the global investment programme of China is Italy. This decision by the European Member country has however raised concerns among the western ally’s of Italy. During… Read More ›
Uber Drivers File Case Against Company Alleging GDPR Rule Violation
A lawsuit is being filed against ride hailing company Uber by his drivers alleging that the company gas been repeatedly violating European data protection regulations. Alleging that Uber has been “failing to honour its obligations” according to the EU’s General… Read More ›
EU’s No-Deal Preparation Is Not Adequate, Say Business Lobby Group
According to reports, warning that the European Commission’s own no-deal Brexit plans “fall short of what is needed to limit major disruptions” were delivered to it in a letter by business lobby groups. Business Europe – an umbrella body for… Read More ›
Crashed Boeing Max Jets Did Not Have 2 Key Safety Features: Report
two safety features in their cockpits were missing in both the Boeing jets in Ethiopia and Indonesia crash because the aircraft maker charges extra amount for those features for installing them. According to a report published in The New York… Read More ›
Report Claims 74% Of US Consumers Go To Amazon When They Want To Shop
A study by Feedvisor, a group that helps brands on issues related to e-commerce marketplaces, has revealed startling data which clearly shows that the retailers should be very worried about the dominance of Amazon over the e-commerce industry globally. In… Read More ›
Disney Closes Its $71Bn Acquisition Of 21st Century Fox
A media house whose scale can only be imagined is not far off as Disney has closed the acquisition of Rupert Murdoch’s entertainment business deal worth its $71bn. The deal includes franchises such as Cinderella, The Simpsons and Star Wars,… Read More ›