Turns out White Tale’s increase of its stake in Clariant was not just to thwart its merger plans with Huntsman, it has a larger game plan. On Monday, activist investor White Tale Holdings, who blocked the $20 billion merger between Clariant and Huntsman, demanded that it be given 3 seats in the...

In China, Airbnb is facing heightened attrition due to the country’s challenging business environment. In a development that underscores potentially brewing trouble, the head of Airbnb Inc’s China business has resigned four months after assuming the role.   The leadership change at Airbnb...

The scandal has ripplied through global companies who are now investigating their global supply chain to see how it impacts them. On Friday, at a news conference in Japan, Kobe Steel’s CEO Hiroya Kawasaki disclosed, the company plans on paying the cost incurred by its customers in relation to the...

Bain Capital has been patiently networking and cultivating connections in Japan. While it spent 3 years to develop a relationship with ADK, long before Toshiba’s nuclear business went kaboom, Bain had started discussions with Toshiba around their semiconductor business. h3 { margin-top: 0.42cm;...

The European Commission’s concerns stem from apprehensions that the U.S. chipmaker could use incentives as a ploy to squeeze out rivals and raise prices as well as Qualcomm bringing about changes in NXP’s intellectual property licensing model. p { margin-bottom: 0.25cm; direction: ltr; color:...

The move will affect its Warton plant in Lancanshire where it assembles the Eurofighter Typhoon fighting jet. p { margin-bottom: 0.25cm; direction: ltr; color: rgb(0, 0, 10); line-height: 120%; text-align: left; }p.western { font-family: "Calibri",serif; font-size: 11pt; }p.cjk { font-family:...

On Tuesday, the Board of Directors of Uber Technologies will vote on a number of reforms in the company and a major deal with the SoftBank Group, Bloomberg reports citing sources. This will happen despite the fact that the co-owner and former CEO of the company Travis Kalanick suddenly put forward...

Although the deal brings a much needed closure to Toshiba’s chip business, the jury is still out on Western Digital’s complaint that Toshiba went ahead with the sale without the consent of its joint venture partner. Western Digital Corp has sought an injunction. p { margin-bottom: 0.25cm;...

Facing strong headwinds stemming from its past management practices, Uber will try to defend itself against mounting criticism while capitalizing on growing sympathies. Here’s the scoop of its legal setbacks as well as silver lining of its potential future. p { margin-bottom: 0.25cm; direction:...