The strategic move will enable Roche Holding AG to add Foundation Medicine’s portfolio of drugs to its basket of cancer treatments. FMI’s molecular insights will also enable Roche to create and develop new cancer treatments. On Tuesday, Swiss drugmaker Roche… Read More ›
Strategy
Solidarity measures key metrics in Telecom Italia’s cost restructuring strategy
Why cut jobs when solidarity measures can garner equivalent results? On Tuesday, as per a source familiar with the matter at hand, as part of the ‘solidarity’ measures Telecom Italia has signed with trade unions, it will achieve savings that… Read More ›
U.S. – China trade gap widens to $24.58 billion in May 2018
Given its humongous trade surplus with the U.S., it would be only natural to assume that China has much to lose in the event of a hike in U.S. import tariffs. Before such tariffs are enforced by Washington, Beijing is… Read More ›
The U.S. and China nearing deal to lift U.S. ban on ZTE Corp
The potential deal underscores the strategic importance tech know-how and market influence are to Beijing while Washington focuses on trade and slashing its trade deficit with China. As per two sources briefed on the talks between the United States… Read More ›
Toyota aiming to increase foothold in China’s EV market
Although earlier it was unthinkable for Toyota to sell electric vehicles, its current strategy tops that since it involves selling EVs that are derived from its’s Chinese partner’s vehicle which do not feature is triple-oval logo. This is the extent… Read More ›
Volkswagen weighing options to spin-off Ducati and Renk
At a crossroad, VW’s strategic steps could either lead to expanding these businesses or could lead to a spin-off. Looking at efforts aimed at boosting efficiency and becoming more nimble, Volkswagen, Europe’s biggest carmaker, is looking at the cost benefits… Read More ›
Wal-Mart’s tie ups in India and UK could be its potential growth engine
While Wal-Mart has struggled to compete in its home ground, its potential tie-up with UK’s Sainsbury Plc and India’s Flipkart promises to be the growth engine it once was. Wal-Mart, the world’s biggest brick-and-mortar retailer is making urgent efforts to… Read More ›
Bain Capital aims to raise $4 billion with new Asia-focussed fund
Going by disclosures made by one of Bain Capital’s partners – the Pennsylvania Public School Employees’ Retirement System – by the end of 2016, Bain Capital’s second pan-Asia fund which raised $2.3 billion in 2012, reported an internal rate of… Read More ›
Clariant expects to generate $2 billion in sales from North America within the next 3 years
Here is a snapshot of Clariant’s growth strategy. On Thursday, Swiss specialty chemicals maker Clariant stated, it expects to make $2 billion in sales from North America, its second-biggest market, by the next three years. In a statement, it has… Read More ›
Britain’s automotive regulations will align themselves with that of the European Union
The move is aimed at protecting Britain’s automotive industry and not disrupt its well-oiled supply chain. Britain’s health minister, Jeremy Hunt stated the country will align its regulations with the European Union’s in some areas, including the automotive sector, after… Read More ›