Taiwanese contract manufacturer Foxconn Electronics has delayed the deal on Sharp’s aquistision once again. At this time, the company decided to wait for announcement of the quarterly financial results of the Japanese vendor. Thus, the transaction which, according to the Foxconn itself, was to be...

The shares of Valeant Pharmaceuticals International Inc plunged after the company said a delay in filing its annual report could mean a debt default as the company announced a cut in  its 2016 revenue forecast by about 12 percent.   Without being specific, Chief Executive Officer...

Italy is preparing to adopt a law, according to which shops and catering establishments will not throw out not spoiled but expired food, but give it to charity instead. Earlier, a similar law was adopted in France. Next week, the Italian parliament can pass a law that would encourage grocery...

Keeping up with the digitisation’s wave, RBS cuts down over five hundred employments. The value and amount of manual work is in the decline making its way for the rise of automata force. As a result, the age of technology welcoming the robotics and absorbing the same in industrial world, has been...

Following positive results in the first Phase 3 study of its investigational medicine Epidiolex, shares in GW Pharmaceuticals skyrocketed more than 120 percent Monday.   In a keenly anticipated clinical trial, the experimental cannabis-based drug has successfully treated children with a...

As Apple fights the US government over encryption, Silicon Valley’s leading companies – including Facebook, Google and Snapchat, are working on their own increased privacy technology, reports Reuters.   Just as much as Apple’s more secure iPhones, which are currently at the center of...

A $1.4 billion deal has been etched between The Fresh Market (TFM)  and Apollo Global Management (APO) where the later would acquire the former, the companies announced on Monday.   Shares of the Greensboro, N.C.-based specialty grocery chain were up 23.76% to $28.43 following the...

In what is being termed as a move to derail a pending deal between Starwood Hotel & resorts Worldwide Inc. and Marriot International Inc., a group led by China’s Anbang Insurance Group Co. has made a $12.8 billion takeover offer to Starwood.   As Chinese companies view high-quality real...

In recent years Goldman's status slipped in electronic trading because its technology did not keep up with client demands for ever-faster trades despite the bank being one of the top two stock brokerages in terms of revenue and customer rankings.   It was to fix this problem that the bank...