Sources have informed that Blackstone could buy Thomson Reuter’s F&R stakes for nearly “$17 billion”. The “private equity firm” of the U.S., Blackstone Group is carrying out advance talks on buying arounf 55% of stake in “Financial and Risk business” of Thomson Reuters Corp. The said deal would put...

Tesla introduced a new compensation system for the founder and general director of the company Elon Musk. The statement stipulates that he will not receive guaranteed payments for his work. He can count on the reward only if the financial performance of the company will match the planned. This is...

Apple Inc. has been urged by two of its largest investors to consider taking some form of action to combat the issue of addiction of iPhones among children. There are growing worries about how the youth are impacted and influenced by technology and social media.   Apple needs to take more...

The company starts “investigating a possible divestment” as Helsinki’s values reach record high. Stockmann, a chain of department store, has plans of selling a “well known building in Helsinki” that holds “an estimated book value of around 100 million euros”. The transaction is desired to be in...

Over the next five years, the European labor market will increase the demand for highly qualified specialists, especially in the field of management. This conclusion is contained in the work of the Higher School of Economics "Professional structure of labor in Europe". It takes into account the...

Dalmore Capital Limited to acquire Connect Plus’ 12.5% stakes for “103 million pounds”. On Thursday, 21 December 2017, Britain based Balfour Beatty revealed its consent on selling a 12.5% stake in “Connect Plus”, the latter being the “operator of the M25 motorway”. The said sale is being made to...

At Apple Inc., there is a possibility that the rights of investors could get sharply restricted as the IT giant is pushing back on the proposals of shareholders related to climate issues and human rights concerns.   Apple is expected to publish a proxy early next year just before its annual...

General Electric Co. announced its intention to reduce 12 thousand jobs in its global energy business. The industrial conglomerate made this decision against the background of a reduction in demand for fossil fuel power stations, Reuters reports. Reductions should save the US company $ 1 billion by...

Arriving from the brink of collapse, and aiming for a “broader restructuring” would require two to three more year for Deutsche Bank. Addressing the “Handelsblatt daily”, Deutsche Bank’s Co-Chief, Garth Ritchie informed that the task of “restructuring” the bank might last for a period of “two to...