high expectations from essilor and luxottica merger deal

High expectations from Essilor and Luxottica merger deal

Company Mohit Shah - Feb 20, 2017

Looming merger news between Essilor and Luxottica builds up higher prospects towards innovation as well as customer benefits.

blackberry files patent violation lawsuit against nokia

Blackberry Files Patent-violation Lawsuit against Nokia

Company Pavan Pandey - Feb 17, 2017

Blackberry Limited, a struggling Canadian smartphone company sued Nokia Corporation for violating patents that considered important to wireless communications technology.

apple to initiate manufacturing in india with iphone se

Apple to initiate manufacturing in India with iPhone SE

Company Mohit Shah - Feb 17, 2017

Wistron Corp, Apple’s Taiwanese manufacturing partner has taken up the task to set up a plant in Bengaluru that will primarily focus on the assembling of iPhones. 

yahoo and verizon close to agree on revised sale terms

Yahoo and Verizon close to agree on ‘revised sale terms’

Company Mohit Shah - Feb 16, 2017

Verizon wishes to merge Yahoo's search, email and messenger assets, along with advertising technology tools, with its AOL unit. Verizon took over AOL for $4.4bn in 2015.

time warner shareholders agreed merger with att inc

Time Warner Shareholders Agreed Merger with AT&T Inc.

Company Pavan Pandey - Feb 16, 2017

On Wednesday, Shareholders of Time Warner voted to approve the acquisition of entertainment company to telecommunication giant AT&T Inc. for $85.4 billion.

boeing co plans to fly new 737 max 9 aircraft in april

Boeing Co. Plans to Fly New 737 Max-9 Aircraft in April

Company Pavan Pandey - Feb 15, 2017

On Wednesday, aircraft manufacturer, Boeing Company, unveiled the latest aircraft of its 737 narrow-body aircraft family in its assembly line in Renton, Washington.

softbank to purchase fortress investment group llc for approx 33 billion dollars

SoftBank to Purchase Fortress Investment Group LLC for Approx. $3.3 Billion

Company Pavan Pandey - Feb 15, 2017

On Wednesday, Japan’s SoftBank Group Corp. said it has agreed to purchase a US-based investment management company, Fortress Investment Group, for about $3.3 billion.

rolls royce posts record loss of 46 billion pounds

Rolls-Royce Posts Record Loss of 4.6 Billion Pounds

Company Pavan Pandey - Feb 14, 2017

On Tuesday, United Kingdom-based luxury car and aircraft engine manufacturer, Rolls Royce, declared a record loss of $5.8 billion (4.6 billion pounds).

credit suisse to cut 5500 jobs after 24bn dollars net loss in 2016

Credit Suisse to Cut 5500 Jobs after $2.4Bn Net Loss in 2016

Company Pavan Pandey - Feb 14, 2017

This is the second straight year in the red, which is keeping the pressure on CEO Tidjane Thiam to deliver on his turnaround strategy for Switzerland’s second-largest bank.

toshiba chairman quits as losses emerge

Toshiba chairman quits as losses emerge

Company Mohit Shah - Feb 14, 2017

This financial meltdown for Toshiba has led several analysts to caution that the company’s future might be at risk.

glencore approves 960 million dollar copper and cobalt contract with fleurette group

Glencore Approves $960m Copper and Cobalt Contract with Fleurette Group

Company Pavan Pandey - Feb 14, 2017

Glencore has bought up the resting stake in Fleurette Group's Mutanda mine in the Democratic Republic of Congo and has enlarged its stake in Katanga Mining for a total of $960m.

toshiba delays the release of quarterly earnings

Toshiba delays the release of quarterly earnings

Company Mohit Shah - Feb 14, 2017

Toshiba has surprisingly delayed the release of quarterly earnings along with details of a multi-billion dollar nuclear writedown.

grab likely to purchase indonesian online payment startup kudo for about 100m dollars

Grab likely to Purchase Indonesian Online Payment Startup Kudo for About $100 Mn

Company Pavan Pandey - Feb 13, 2017

According to a source, Southeast Asian ride-hailing company, Grab is likely to announce a deal which will help it introduce its services to more customers.

the co op bank puts itself up for auction

The Co-op Bank puts itself up for auction

Company Mohit Shah - Feb 13, 2017

A spokesman for the Bank of England's Prudential Regulation Authority stated it welcomed the act which was announced by the Co-operative Bank.

ba cabin crew to enforce new four day strike

BA cabin crew to enforce new four-day strike

Company Mohit Shah - Feb 13, 2017

British Airways cabin crew will implement fresh four-day strike from 17 February due to their dispute over pay, said the Unite union.

verizon will reintroduce an unlimited data plan as competition heats up

Verizon will reintroduce an Unlimited Data Plan as Competition Heats Up

Company Pavan Pandey - Feb 13, 2017

Wireless communication service provider Verizon Communications Inc.’s introductory plan will give unlimited data to customers on its 4G LTE network on smartphones and tablets.

aon plc will sell benefits outsourcing to blackstone group lp in 43 billion dollars

Aon PLC will Sell Benefits Outsourcing to Blackstone Group LP in $4.3 Billion

Company Pavan Pandey - Feb 10, 2017

On Friday, UK-based Insurance broker, Aon PLC, stated that it has agreed to sell its benefits administration and HR BPO platform to Blackstone Group LP for $4.3bn in cash.

twitter inc share sink 12 percent as losses widen

Twitter Inc. share sink 12 percent as losses widen

Company Pavan Pandey - Feb 10, 2017

On Thursday, Twitter Inc. reported the slowest income growth since the social networking service went public four years ago, sending shares down nearly 12 percent.

apple inc optimistic about the post brexit united kingdom

Apple Inc. Optimistic about the Post-Brexit United Kingdom

Company Pavan Pandey - Feb 10, 2017

According to the California-based technology company, Apple Inc., it is quite optimistic about the United Kingdom future post-Brexit.

thomas cook holiday prices for 2017 expected to surge 9percent

Thomas Cook holiday prices for 2017 expected to surge 9%

Company Mohit Shah - Feb 10, 2017

Thomas Cook revealed that it plans to retail more upmarket holidays this summer, with the price of an average getaway increasing by 9%.

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