BMW is expanding its DriveNow service to nine more boroughs across London; as a result its total fleet size is also increasing to 720 BMW and Mini cars in London. Wit BMW overcoming some of its barriers to operating across… Read More ›
business model
Japan’s Daikin to expand into Africa, eyes sales upwards of $812.71 million from Africa and Middle East
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 ›
Schlumberger NV betting big money on oil and gas projects
Its new business model involves the company in decision making capacptity throughout the oilfield management supply chain, thus sparking interest in its rivals who are wondering whether to follow suit. In a significant development, Schlumberger NV, the world’s largest oilfield… Read More ›
Sycamore Partners in advanced talks to acquire Staples in a deal potentially worth $6 billion
If the deal were to go through, Staples would most likely change its business model – from directly serving customers it would now cater to companies. According to sources familiar with the matter at hand, Sycamore Partners, a private equity… Read More ›
Antitrust regulators in South Korea fine Qualcomm $854 million for violating antirust laws
Qualcomm’s business model under legal scrutiny from regulators across the globe. In a significant development, South Korea’s antitrust regulator have fined Qualcomm $854 million for unfair business practices related to its patent licensing and modem chip sales. This is the… Read More ›