During Brexit negotiations, Ireland could emerge as the UK’s Achilles heel. If physical border controls are placed, it could give rise to a resurgence of violent militant protests. According to Britain’s Northern Ireland minister, a post-Brexit trade deal with the… Read More ›
Brexit
Autonomous version of Nissan’s LEAF seen cruising at 50mph in London
Nissan has tested the autonomous version of the LEAF in Silicon Valley and in Tokyo. This marks its first test in a European city. Nissan took the first step towards the testing of its first self-driving car in Europe. Guided… Read More ›
German manufacturing jobs safe from PSA Group’s Opel takeover deal
Brexit has placed Opel’s Vauxhall sites at a distinct disadvantage. With the PSA group’s planned acquisition of GM’s European operations, jobs, and sites are facing potential cutbacks. As per German Sunday newspaper Bild am Sonntag, the PSA Group has pledged… Read More ›
Kraft Heinz’s takeover bid under British Government scrutiny
The proposed deal marks the biggest ever takeover bid of a British company. The Financial Times has reported, without citing any sources, British Prime Minister Theresa May has asked top officials to review Kraft Heinz’s proposed takeover of Unilever Plc…. Read More ›
Brexit negotiations could take more than just 2 years: Jean-Claude Juncker
Britain will have to change more than 20,000 of its laws so that it can complete its divorce proceeding. Furthermore, as a member of the EU, Britain cannot undertake any bilateral agreement(s). Jean-Claude Juncker, the President of the European Commission… Read More ›
Britain dependent on China to offset May’s Hard Brexit stance
For China, Britain is important since it aims to gain from its financial clout and use the country to showcase the fact that a first world nation supports its Silk Road project which is crucial for its prestige on the… Read More ›
Morgan Stanley likely to relocate to Hudson Yards
Yes, it is the same site BlackRock Inc. will also move to in 2022. The Wall Street Journal has reported citing people familiar with the matter at hand, Morgan Stanley is contemplating on moving to Manhattan’s West Side’s Hudson Yards. Morgan… Read More ›
Blackstone acquires Aon’s benefits outsourcing business for $4.8 billion
This business processes the work benefits of roughly 15% of the current U.S. population. As per people familiar with the matter at hand, Blackstone Group LP has agreed to acquire Aon Plc’s employee benefits outsourcing business for nearly $4.8 billion…. Read More ›
Scottish government to demand a 2nd independence referendum
The Courier Newspaper in Dundee has reported that British Prime Minister Theresa May is secretly working on a strategy to deal with Scotland’s demand for a second independence referendum. In a significant development for the UK, the Scottish government has… Read More ›
UK based Reckitt Benkiser in advanced talks with Mead Johnson for a potential takeover
Analysts have said the potentially 16.7 billion will see the “health and hygiene” company move into “infant nutrition” which isn’t such a big leap considering the grey area between healthcare and food. The Reckitt Benckiser Group Plc, best known for… Read More ›