Having emerged as a top player in the fiercely price sensitive Indian market, Daikin the world’s biggest manufacturer of air conditioning equipment maker is one of the few Japanese companies that can compete head to head with the Chinese. The… Read More ›
Noble’s survival depends on the passing of the restructuring plans, on which the board is set to vote on August 27. On Monday, bellicose commodity trader Noble Group Ltd disclosed, Richard Elman, who is its chairman and also its founder,… Read More ›
Both companies are conducting their due diligence and aim to close the deal, subject to regulatory approval, by the end of this year. 1864 founded Dutch brewing giant Heineken NV has struck a $3.1 billion deal with China Resources Beer… Read More ›
The price cut comes midst political headwinds and issues stemming from new competition and corporate governance. With Berenberg cut its price target on Telecom Italia (TIM), citing headwinds stemming from governance issues and new competition, TIM’s share prices fell more… Read More ›
Although Saudi Arabia is one of the world’s sunniest countries, its solar power footprint is minuscule. This project, to a big extent, diversifies it economy, greenifies and balances its power generation industry which traditionally has been largely oil-fired power. As… Read More ›
Clariant’s $20 billion merger with Huntsman Corp in doubt after White Tale becomes Clariant’s biggest shareholder.
As per White Tale the merger between the two Swiss chemical makers did not make sense since it does not bring about value to shareholders. Of the $400 million cost savings that are targeted through the merger, Clariant alone could… Read More ›