People who were impacted by the deadly crashes of the Lion Air and Ethiopian Airlines crashes in which a total of 346 people were killed would be paid a total of $100 million, pledged Boeing on Wednesday.   "We at Boeing are sorry for the tragic loss of lives in both of these accidents and...

According to Refinitiv, in the first half of the year, the global volume of mergers and acquisitions (M&A) amounted to $ 2 trillion, which is 12% less than in the first half of last year. At the same time, the volume of cross-border transactions fell sharply by 45%. In addition, activity in Europe...

The current year brought quite a few large IPOs. Shareholders who had time to invest in the most successful "newbies" are now reaping the fruits of their success. So which recent debutants showed the best results? Beyond Meat, MMTec and ShockWave Medical have become the biggest players in the IPO...

In order to turn the investors, after the failed merger attempt, the Deutsche Bank is planning a major revamp. The supervisory board of Deutsche bank is scheduled to meet on July 7, 2019 for discussing on an “extensive overhaul”. The said restructuring may cut as many as “20,000 job”, revealed...

Bolivian entrepreneur of Polish origin German Efromovich announced his plans to buy out a stake in the problem Italian air carrier Alitalia. According to Mr. Efromovich, he could easily buy up to 30% in Alitalia, which is undergoing bankruptcy and is under external control, and do what no one has...

An investigation by Indian authorities on the business practices of Google has found that the dominant market position of the company in India has been misused by it and that capacity to choose alternate versions of its Android mobile operating system by device manufacturers has been curtailed,...

On Thursday, papers of Uber Technologies taxi service finished trading on the New York Stock Exchange above the price of accommodation for the first time in a month. On the eve, the stock rose in price by 6.2%, to $ 45.13 per share. In mid-May, trading started at $ 45 per share, when the company...

Over the last decade, employees of the Chinese tech giant Huawei Technologies Co had worked in projects alongside members of the Chinese armed forces ion at least 10 such projects, claimed a report published by Bloomberg citing information from various sources. The report also claimed that those...

Swedish Hennes & Mauritz AB (H&M), the owner of Europe’s second largest clothing store, released data showing that net profit for the first half of the 2018-2019 fiscal year ending May 31 decreased by 11% yoy, to 5,372 billion SEK ($ 579.5 million). At the same time, during the reporting...