There could be more smaller deals for Anheuser-Busch InBev involving Castel Group, Coca-Cola and Anadolu Efes once it seals its 79 billion pound (a$104.8 billion) takeover of rival brewer SABMiller.   To speed approval for one of the biggest deals in history, agreements to sell SAB's brands...

Indian Steel group Tata Steel Ltd. increased its net loss in the I fiscal quarter tenfold as a result of lower demand and losses related to business in the UK. Net loss in the April-June amounted to 31.83 billion rupees ($ 476 million) compared with a loss of 3.17 billion rupees in the same period...

The limelight at an auction in London which was supposed to showcase a collection of classic Porsches was managed to be stolen by an Aston Martin, which sold for $2.15 million ($2.9 million).   R.M. Sotheby's annual London sale, which saw a total of £21.5 million change hands, was the...

A deal between Irish manufacturer of dairy products Ornua and Seychelles Trading Company with help of blockchain technology took less than four hours. Traditionally, this process takes seven to ten days. Irish dairy producer Ornua became the first company in the world to hold a real deal with...

During many years, Goldman Sachs has been guarding its software Securities DataBase (SecDB) from competitors. but now it has opened access to its customers. SecDB is the main instrument by which Goldman Sachs evaluates risks and analyzes value of securities, commodity contracts, derivatives,...

Dell Inc. announced closing of purchase of EMC for $ 67 billion. Thus, the largest merger in the history of high-tech industry has been sealed. Private technology company Dell Technologies will develop and promote IT-services and infrastructure for business needs. The new combined company, to be...

The investment firm TPG will buy the majority stake in cyber security division of Intel Corp, formerly known as McAfee, for $3.1 billion in cash, the latter announced.     Valuing the entire company at $4.2 billion including debt, TPG will own 51 percent of the new entity. A 49 percent...

Private tutions is big business in Singapore.   The growth of this informal sector is epitomized by the JC Economics, founded by Anthony Fok, one of the best-known faces of Singapore's booming private tuition scene. And it has been just three years that this one-man operation is bringing in...

German carmaker Volkswagen AG signed a protocol of intent with China's Anhui Jianghuai Automobile Co. (JAC), on production of electric vehicles in China. Volkswagen is counting on a long-term partnership with Anhui Jianghuai, says message of the German company. The parties are negotiating a joint...