Through these partnerships, Chinese companies are getting two birds with one stone: while on one hand they are quickly learning the tricks of the trade of great film making, these investments also make business sense in terms of return on… Read More ›
deal
Apple and Amazon scrap their exclusive agreement for the sale and distro of audio books
The deal had earlier prompted lodging of a complaint by the German Publishers and Booksellers Association to the European Commission and the German Federal Cartel Office thus triggering an investigation by the German Enforcer. Both regulators have now welcomed the… Read More ›
With a $4.3 billion VW moves past U.S. diesel emission cheating crisis
The company has accepted increased scrutiny in the forms of various audits by external independent monitors. In a major development for Volkswagen AG, as part of a $4.3 billion deal with U.S. regulators, Europe’s biggest car manufacturer has agreed to… Read More ›
Yahoo’s troubles rocks Verizon’s acquisition of the company
Despite law enforcement agencies buzzing around Yahoo, Verizon finds the core merits of the deal are still intact. However, fresh non-disclosures could scuttle the deal. With Yahoo coming under renewed scrutiny by the federal law enforcement agencies, a senior executive… Read More ›
Kate Spade’s looking for a deal: WSJ
Increased competition and its focus on brick-and-mortar stores instead of online shopping models could be some of the reasons for its lackluster performance. Its underpriced shares have attracted sharks, with hedge funds stating that it could make a good acquisition…. Read More ›
Boeing bags IranAir deal by giving 50% discount
Following the partial lifting of U.S. led sanctions, Iran presents itself as a huge economic opportunity. While Boeing’s deal has been made possible by outgoing U.S. President Barrack Obama, President-elect Donald Trump is a huge critic of the U.S-Iran nuclear… Read More ›
France’s DCNS wins Australian contract to build a fleet of submarines
DCNS bagged the contract having beaten competition from Germany’s ThyssenKrupp AG and Japan’s Kawasaki Heavy Industries and Mitsubishi Heavy Industries. In a significant development, France and Australia have signed a deal worth $36.3 billion in which French naval contractor will… Read More ›
EU close to sealing free trade pact with Japan
The United States’ loss is Europe’s gain.
Airbus could finalise the sale of 17 jets to IranAir within 2 weeks
The urgency with which Iran is hoping to import the jets before the May 2017 presidential elections show that the issue is likely to be used to boost Iranian President Hassan Rouhani’s image as a pragmatist. Iran’s flag carrier, IranAir… Read More ›
U.S Supermarket chain Albertsons in advanced talks with NY-based Grocery Store Price Chopper
If the deal goes through, Albertsons will significantly boost its presence in the U.S. Northeast where Price Chopper already has market presence. The move could help Albertsons fight off online retail giants such as ALDI Inc., Amazon.com Inc. and Wal-Mart… Read More ›