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Florida Woman Who Alleged Baby Powder From J&J Triggered Her Cancer Loses Lawsuit 04/19/2024

According To S&P, China's Fiscal Stimulus Is Becoming Less Effective 04/19/2024

S&P downgrades Israel's ratings to 'A+' from 'AA-' due to rising geopolitical risks 04/22/2024

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Business & Finance

Chinese investor wants to buy developer of Clash of Clans

The success of Finnish Supercell, responsible for development of such well-known mobile games as Clash of Clans and Clash Royale, is haunted by investors worldwide. Now, Chinese Tencent wants to buy a controlling stake in Supercell out from the current owner - Japanese SoftBank. An anonymous source...

ECB Rules Show Bayer can get Financing from the Central Bank for Monsanto Bid

Based on the terms of the ECB's bond-buying program, Bayer could have a second chance and could receive financing from the European Central Bank that would help to fund a takeover of Monsanto. While saying that it was open to negotiations, Bayer's $62 billion bid for acquisition of the...

Investment in tech innovation and a personal apologise: Volkswagen attemps to wash 'Dieselgate' away

Volkswagen has more than doubled funding Gett, investing $ 300 million in the company. According to Business Insider, VW intends thereby to go beyond the "Dieselgate" and to focus on new technologies. German automotive concern Volkswagen has invested $ 300 million in online taxi service Gett,...

IT Services Unit of HP to Merge with Computer Sciences

With the aim of allowing the company to focus on its cloud services business and other fast-growing units, the struggling IT services business of Hewlett Packard Enterprise Co would be spinned off and would be merged with Computer Sciences Corp, HP said in a recent announcement. Following...

Swift developed a plan to combat cybercrime

SWIFT interbank payments system is planning to launch a new safety program after a series of thefts in the system. The new plan to combat cyber threats was presented by SWIFT’s Head Gottfried Leibbrandt on financial services conference in Brussels, reports Financial Times. SWIFT wants banks to...

Bombardier: business jet market will rise by 2025

Today, one of the leaders of the world business aviation market, Canadian Bombardier, has released a ten-year forecast. The document says that up to 2025, the market will require more than 8 thousand new business jets worth a total of $ 250 billion. The largest market will be North America,...

Merger of Health Insurers Anthem, Cigna raises Doubts as it is Reviewed by Regulators

As news of management squabbles added to concerns over the proposed merger being review by antitrust regulators, growing doubts were expressed by Wall Street analysts about the pending $54 billion merger of U.S. health insurers Anthem Inc and Cigna Corp on Monday. The shares of both the...

French insurer Axa publicly refused its tobacco assets

One of the world's largest insurance companies - French Axa - announced its intention to sell all of its shares and bonds of tobacco companies totaling € 1.7 billion, thus fully stop investing in the tobacco industry. This should please the fighters with tobacco companies. Just now, the tobacco...

In South China, Old-School Factories Stay Alive by Using Day Labor

A new strategy for surviving in Business - hiring workers by the day, is being used by some factories in southern China's manufacturing heartland as they are squeezed by high costs and unpredictable demand. Reuter5s reports that on a warm morning in the southern town of Shiling, dozens of...

SES & Telkom To Co-connect Indonesian Communication Markets

A new agreement between Telkom and SES has jointly worked out the future of SES-9. SES has entered into a “new strategic partnership” with the “PT Telekomunikasi Indonesia”, the latter being the “largest satellite telecommunications services company” of Indonesia. Through the partnership Telkom...