Unperturbed by the collapse of the mega deal between T-Mobile US and Sprint Corp, Deutsche Telekom’s third quarter earnings have beaten analysts’ expectations. Leaving behind the collapse of the merger between T-Mobile US and Sprint Corp, Deutsche Telekom raised its 2017 outlook and reported a 3.3%...

The development marks a growing trend of large financial institutions being dependent on fintech startups to provide them large diversified normalised data sets from which they can gain business intelligence. On Wednesday, it emerged that the Goldman Sachs Group Inc led a $10 million funding round...

American oil shale companies, that turned the whole energy industry upside down, in the coming years will absorb most of the growth in demand for oil, OPEC’s new report says. However, the figures will grow among all market participants after many years of rapid growth in US oil production and...

GE is also exploring to either spin-off or divest its transportation and healthcare information technology businesses. These strategic sales are aimed at meeting the company’s goal of identifying assets worth more than $20 billion that can be divested or spun-off so as to not weigh down its...

Volkswagen is studying a possibility of applying for a full banking license in the UK, writes Reuters. The company wants to be able to continue to offer car loans after Britain leaves the European Union, according to a statement by the German automaker. The company confirmed comments made by...

U.S. antitrust authorities had barred China-backed Canyon Bridge from acquiring U.S.-based Lattice Semiconductor Corp citing national concerns. In a significant development, the shareholders of Imagination Technologies have approved a $730 million (550 million pound) cash takeover bid by...

Although EVs are driving up the growth of nikle miners, analysts say only half of them are likely to benefit from the increased demand. Mining analysts and executives have disclosed, although battery makers are increasingly turning to nickel to help power the global boom in electric cars, only 50%...

Asian stocks rose on Monday, as shares of technology companies are growing amid positive reports on profits and a large number of pre-orders for the iPhone X, Reuters reports. Shares of technology companies were the growth leaders in the MSCI index of the Asia-Pacific region outside of Japan. The...

As General Electric Co seeks to reshape its portfolio under new Chief Executive John Flannery, the company is exploring the opportunities for divesting its transportation and healthcare information technology businesses, according to the media which reported this based on information from people...