The coffee company JAB Holding Co. agreed to buy the American network of bakeries Panera Bread Co. for $ 7.5 billion, the companies said in a joint statement. According to analysts, thus JAB plans to become a direct competitor to Starbucks, which previously also expressed interest in buying Panera...

Deutsche Bank, which is going through a capital increase of 8 billion euros ($ 8.5 billion), is not currently pondering mergers, the banks’ executive director John Cryan said. "We have other things to do", Cryan said at a banking conference in Berlin on Thursday. Deutsche Bank and its German...

ChemChina’s Syngenta takeover with conditional approval from E.U. could add to the changing landscape of international agricultural market. China could now “boost its domestic agricultural output” as on Wednesday, the 5th of April 2017, ChemChina has received E.U’s approval for taking over the...

Real estate agency Savills named the world's largest technology centers. The agency evaluated 22 cities in different countries of the world. The rating was compiled on the basis of over 100 parameters - from the number of days needed to start a business to the cost of a cup of coffee. Here are top...

BlackBerry’s quotes jumped almost 15% thanks to the company’s positive financial report. The Canadian vendor's profit once again turned to be higher than Wall Street’s expectations. It seems that BlackBerry has finally found its niche in the modern highly competitive high-tech market. Previously,...

Chain’s attempt to plug the security gaps in blockchain transactions. Chain Inc. is an U.S. startup company of blockchain technology, which has partnered with “Thales Group”, the latter being a “security firm”, whereby making it simpler for “large companies” using blockchain technology to “store...

The resolution of the U.S. President could result in “significant writedown”. Fannie Mae and Freddie Mac are U.S. finance giants in mortgage, whereby Reuters reported that they may “write down $21 billion of tax-related assets” in case they face a major cut in the tax rates of the federal...

Investing in the shares of fragment apparel market becomes “increasingly hard to defend”. Credit Suisse’s analysts gave out an alarming signal in regards to “Next's trading over the medium-term”, adding to the “rapid decline” of clients observed at the “retailer's core profitability” while the...

Profits are largely flat as sales continue to rise at Chinese tech giant Huawei and hence it is a mixed bag.   According to the company, while overall revenue jumped 32 percent to 521.6 billion yuan ($75.1 billion), net profit edged up 0.4 percent to 37.1 billion yuan ($5.3 billion) in 2016....