A tax bill amounting up to $9 billion would probably derailed Dell Inc's $67 billion offer to buy data storage company EMC Corp.  Citing sources familiar with the matter, technology news website Re/code reported this.   The report said that the kind of tax treatment that are consider...

Forrester’s 2016 forecasts cover the fields of Asia Pacific business firms, including, CMOs, CIOs, and CX. The Forrester Research, Inc. “unveiled” the predictions of 2016 applicable to the “Asia Pacific business leaders”, whereby the leaders of CMOs, CIOs and CX or “Customer Experience” section to...

Despite the UK government the event of Black Friday introduced two years ago, UK retailer Asda has confirmed it will “step away” from taking part in the event. Analysts say that the looming discount phenomenon of Black Friday affecting the retail sector is the reason behind this announcement....

After Alibaba founder Jack Ma was quoted in a magazine as saying he would rather lose the case than settle, luxury brands suing Chinese e-commerce behemoth Alibaba Group Holding Ltd have asked a U.S. judge to be relieved of the obligation to mediate, which they say looks futile since the comment by...

French engineering company Alstom will supply 800 electric locomotives and set up a local manufacturing plant worth a total of $3 billion (200 billion rupees). This decision was taken at by the Indian government on Tuesday.   India opened up limited parts of state owned railways last year...

Kaman Corporation to acquire Calkins assets whereby an agreement has been signed between them. A signed agreement has been finalised between the company of Kaman Corporation and the Calkins Fluid Power, Inc., whereby the “Distribution Segment” of the former to lawfully acquire the assets of the...

In an effort to setting up what would be the industry's first big shake-up in at least a decade, some of the world's largest agricultural companies are in talks to combine business.   The agricultural companies are battered by three years of withering crop prices and pilling losses.  ...

Acting on allegations that Exxon Mobil had lied to the public about the risks of climate change or to investors about how such risks might hurt the oil business, the New York attorney general has begun an investigation of the company activities.   A subpoena was issued to Exxon Mobil,...

Swedish refiner Preem has bought raw materials from Saudi Arabia for the first time in 20 years, Reuters reported, citing sources in the industry. The Preem agency confirmed this information, but the details are not reported. As noted by Reuters, before the Swedish company was buying mainly Russian...