Industry
Disney takes control of Hulu, to enter video streaming market
15 May 2019
With Hulu in hand, Walt Disney Co plans to enter global video streaming market that is currently dominated by companies such as Netflix Inc and Amazon
Billionaire Schwartz’s Onex Corp to buy Canada’s WestJet for $2.6 bn
15 May 2019
If Onex obtains shareholder and regulatory approvals, the deal would help Schwartz get his hands on an airline two decades after he missed out on buying Air Canada, WestJet’s bigger rival
US journalism has become more subjective
14 May 2019
Japan’s new bullet train to hit speeds of 400 kmph
10 May 2019
While the Alfa-X with a top speed of 400 kmph may be the world’s fastest train right now, before its 2030 launch a new maglev line will start operating between Tokyo and Nagoya in 2027 with top speeds of 505 kmph
Reliance Brands acquires British toy brand Hamleys for £68 million
10 May 2019
UK-based toy brand Hamleys, which started off with a single-store shop, Noah's Ark, in 1760, now has 167 stores across 18 countries, including in the UK, China, Germany, Russia, India, South Africa and West Asia
Haryana probing suspected Bt brinjal crop
07 May 2019
Why you love coffee and beer
03 May 2019
Walmart looks to acquire grocery chain Namdhari through Flipkart
02 May 2019
This is part of Walmart’s strategy against Reliance Retail’s planned nation-wide rollout of its “new-commerce” multi-channel retail play by bringing millions of kiranas or small neighbourhood stores on board
US sanctions threat over Iran drives oil prices to $74.40/bbl
23 Apr 2019
The US move, which has taken market participants off guard, combined with curbs on Venezuelan oil and Opec cutbacks could drive up prices above the current levels, possibly back to levels above $100 a barrel
Nippon Paints to acquire Australia’s DuluxGroup for $2.7 billion
17 Apr 2019
The acquisition will catapult Nippon Paint, the world's fifth-largest paint maker, from a big player to the biggest paint seller in the Asia-Pacific region
World’s largest aircraft completes first successful test flight
15 Apr 2019
The Stratolaunch behemoth, the all-composite aircraft with two fuselages and six Boeing 747 engines, achieved a maximum speed of over 300 km (189 miles) per hour during a 2-1/2 hour flight over the Mojave Desert, at altitudes up to 17,000 feet
Astronomers capture first image of a black hole
10 Apr 2019
Joint efforts by the US National Science Foundation and Event Horizon Telescope helped make paradigm-shifting observations of the gargantuan black hole at the heart of distant galaxy Messier 87
Saudi Aramco’s initial bond issue gets $100 billion order
09 Apr 2019
While reports say the bond issue is intended to raise cash for Aramco’s $69.1 billion acquisition of Saudi Basic Industries Corporation, the Saudi oil giant with core earnings of $224 billion last year and $86 billion in free cash flow at the end of 2018, does not need to borrow
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