The British government is set to table a bill which will enable it to intervene in mergers and acquisitions that threaten national security; intervention measures will include blocking the purchase of assets, including those related to intellectual property, as well… Read More ›
According to U.S. sources, the United States is ready to suspend some tariffs provided China is willing to commit to purchasing more U.S. goods. As per a source briefed on the status of bilateral negotiations between Washington and Beijing, the… Read More ›
Amazon and Walmart are competing to expand their footprint in India – one of their most important growth markets. On Thursday, according to a report from the Economic Times, Amazon.com Inc has engaged in exploratory talks with India’s Reliance Industries… Read More ›
The potential deal will see Air France replacing its ageing medium haul aircraft. According to industry sources, Airbus is close to signing a deal worth billions of dollars for the sale of dozens of A320neo-family and smaller A220 aircraft to… Read More ›
Japan’s move to impose restrictions on tech exports to South Korea, is likely to impact the ability to purchase semiconductor materials, including flexible smartphone displays, by South Korean companies; the move is likely to be a reaction to South Korea’s… Read More ›
Although Lufthansa’s bid includes an option to purchase the remaining airlines of Thomas Cook, Carsten Spohr, Lufthansa’s CEO however stated, it is unlikely that this will be allowed given antitrust regulations. On Tuesday, Lufthansa’s Chief Executive Officer, Carsten Spohr stated,… Read More ›
SoftBank aims to buy bonds that can be later converted into Wirecard shares. As per a report from Bloomberg citing sources familiar with the matter at hand as saying, the SoftBank Group Corp is looking to acquire a 5% stake… Read More ›
The development will alleviate short term liquidity problems for the airlines. Long term issues however will need to be dealt with. Asiana has taken on considerable debt. On Tuesday, South Korea’s finance minister Hong Nam-ki stated, South Korean creditors plan… Read More ›
China’s bid to purchase Toshiba’s U.S. liquefied natural gas (LNG) business was blocked by CIFIUS. Analysts have warned, failure to find a buyer will significantly dent the chances of its recovery from bankruptcy. On Friday, Toshiba Corp’s shares fell by… Read More ›
Kingdom Holding Co is Saudi Prince Alwaleed bin Talal’s firm. Interestingly, as per a statement by Aramco’s CEO Talal Ibrahim al-Maiman, Saudi Arabia’s Prince’s firm Kingdom Holding Co did not purchase its bonds. Talal Ibrahim al-Maiman went on to add,… Read More ›
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