May 30, 2014 11:38 am
Google Inc. launched a special service and formed an Internet committee of experts in order to provide its European customers with the opportunity to make requests for removing certain materials. This is the first step the company makes in order to comply with the court ruling related to the “right to be forgotten”. One of […]
Read moreMay 30, 2014 9:52 am
Cheniere Energy Inc., which is on the way to becoming the first company that exports liquefied natural gas produced over the shale boom in the U.S., is facing a record growth after regulatory proposal to make the projects approval procedure simpler. Currently, Cheniere is the only company, whose liquefied natural gas project has been approved […]
Read moreMay 30, 2014 8:41 am
The largest auto manufacturer in India – Tata Motors Ltd made an official statement yesterday, revealing its fourth quarter results. The companys profit for the period missed analysts estimates due to losses in Tatas local business that eroded the gains generated from its Jaguar Land Rover business. As reported by the Wall Street Journal, the […]
Read moreMay 30, 2014 7:25 am
Ford Motor Co., the second-largest auto manufacturer in the U.S., made an official statement today, revealing that it is to recall about 1.1 million sport-utility cars in North America in order to repair sensor and electronic flaws. The vehicle withdrawal is being made for the company to replace parts like torque sensors and steering columns […]
Read moreMay 29, 2014 1:44 pm
According to Frank Lowy, founder of the largest shopping mall operator in Australia, Westfield Group should separate its global and local businesses. Mr. Lowys plan is to divide the businesses into two separate companies, but his proposal was delayed by the board of Westfield Retail Trust (WRT) because the plan is said to have greatly […]
Read moreMay 29, 2014 11:59 am
Costco Wholesale Corp., the biggest US warehouse-club chain announced its results for the third quarter of the current financial year. The company, which sells a variety of products, including groceries and other items in bulk, made an official statement, posting its profit for the three months ended May 11 that missed analysts expectations despite the […]
Read moreMay 29, 2014 9:47 am
The biggest publicly traded hedge-fund manager in the world – Man Group Plc made an official statement today, revealing that it is currently negotiating with Numeric Holdings LLC. The company, however, explained in its announcement that the talks are still “ongoing” and may not result in finalizing a deal. Numeric was founded in 1989 by […]
Read moreMay 29, 2014 8:25 am
Apple Inc. officially announced that it managed to reach an agreement over the acquisition of Beats Electronics LLC. The deal is estimated to 3 billion dollars and is considered its largest one so far. Both companies confirmed that the founders of Beats Electronics – Dr. Dre and Jimmy Iovine will join Apple Inc.s team. The […]
Read moreMay 29, 2014 7:26 am
The French government announced that General Electric Co. improved its offer for the energy unit of Alstom SA due to the fact that the companys Chief Executive Officer Mr. Jeffrey Immelt promised to create 1 000 new jobs in France. GEs move emphasizes the importance of the deal and is an attempt to persuade the […]
Read moreMay 29, 2014 6:19 am
A person with knowledge of the process said that Facebook Inc. is trying to get an antitrust approval of the European Union for the acquisition of messaging service WhatsApp Inc. According to a person close to the matter, who asked not to be named because the issues are private, the company asked the European Commission […]
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