In an attempt to minimize its dependency on China, the global rare earth leader, the U.S. government plans to fund domestic rare earths projects. Rare earths are a group of 17 minerals used widely in a plethora of consumer electronics… Read More ›
monopoly
Spinning-off network assets from Telecom Italia (TIM) risks 20k jobs
Italy’s government is weighing the pros and cons of spinning-off the fixed-line network of former telecoms monopolist Telecom Italia. On Friday, a source within telecoms union UILCOM disclosed, plans to spin off the fixed-line network of former telecoms monopolist Telecom… Read More ›
Strategic decision as to who will control Telecom Italia’s assets to be decided today
So as to protect Telecom Italia, Italy’s state lender, CDP, is likely to purchase a stake in the firm to protect its strategic assets. On Thursday, as per two sources familiar with the matter at hand, CDP, Italy’s state… Read More ›
Mattel has rejected Hasbro’s new takeover bid: Sources
The traditional toy industry is facing a struggle for surival. Facing fierce competition from online stores and with children’s preference moving to electronic toys over traditional ones, the toy industry will have to diversify and expand if it has to… Read More ›
LSE commences buy-back of shares worth $248.74 million
Shares worth 100 million pounds will be bought back today. Following the collapse of its merger with Deutsche Boerse, the London Stock Exchange (LSE) is set to buyback 200 million pounds ($248.74 million) of its shares as it tries to… Read More ›
FTC catches Mallinckrodt Pharmaceuticals doing the Martin Shkreli act
Mallinckrodt Pharmaceuticals was caught raising prices of medicines for infants of less than a year old to skyrocketing prices. Mallinckrodt Pharmaceuticals, a drug manufacturer, has settled a lawsuit for $100 million with the US Federal Trade Commission (FTC) for having… Read More ›
manageria.biz 