The stance has been portrayed as wanting to have the cake and eat it. If the EU were to agree to it, it could encourage other member states to follow Britain’s example. In what could be potentially a sticky point… Read More ›
investment
Google ready to invest $800 million into LG’s Display Co
The strategic move will provide a free flowing supply of OLED displays for Google’s Pixel smartphones. The Electronic Times has reported citing unnamed sources that Google has offered to invest at least $880.29 million (1 trillion won) in South Korea’s… Read More ›
Didi Chuxing ploughs in $6 billion into its ride-hailing business
Although Didi has got big names backing it, in China, Didi it is increasingly facing regulatory issues. Bloomberg has reported citing people familiar with the matter at hand, Didi Chuxing, a Chinese ride-hailing firm, is weighing its options to invest $6… Read More ›
Activist investor Trian Fund Management LP takes a $3.5 billion stake at P&G
While this marks the largest ever investment by an activist investor in Proctor & Gamble, it is interesting to note that the company has made significant strides in boosting its revenues in the last quarter especially in the healthcare and… Read More ›
AMD’s stock likely to jump by 100% by 2018
The company could recoup some of its lost ground to Intel in the desktop CPU segment while it surges ahead with its offerings in the graphics card market dominated by NVidia Corp. Barron has disclosed that the likelihood of the… Read More ›
Softbank’s tech fund mulling investment of $1 billion plus into WeWork
WeWork had also held discussions regarding investments from Uber Technologies. Discussions with Softbank are on-going and there is no certainty that it will result in a deal. The Wall Street Journal has reported citing sources familiar with the matter at… Read More ›
UK’s car industry reels under Brexit heat
A clean break with EU’s single market will leave the UK’s car industry high and dry. It is no wonder that car manufacturing companies in the country have lobbied hard against Brexit. Brexit has not only put London’s financial credentials… Read More ›
Viacom’s Paramount Pictures signs a $1 billion deal with Huahua Media and Shanghai Film Group
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 ›
TheCityUK pushes for partial access to EU’s single bloc market
EU leaders have repeatedly warned that the four freedoms of the 28 member nation bloc, Freedom of people, of goods, of services and capital, cannot be cherry picked. In a significant development, Britain’s famed finance industry has given up its… Read More ›
Floor & Decors to come out with a $1 billion IPO
The U.S. new housing and housing repairs sector has, of late, seen robust growth. According to sources familiar with the matter at hand, Floor & Decor Holdings Inc, a U.S. based tile and flooring retailer, is getting ready to launch… Read More ›
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