M&A
Bank of America to sell $87-bn money-market fund business to BlackRock
04 Nov 2015
The transaction is expected to increase BlackRock's global cash-management business to $372 billion from about $285 billion
Lockheed Martin expects to close $9 bn acquisition of Sikorsky Aircraft this week
04 Nov 2015
The acquisition of Sikorsky is the biggest by Lockheed since its $10-billion purchase of Martin Marietta in 1995, and also the biggest aerospace deal after the 2012 acquisition of Goodrich by UTC for over $16 billion
Activision Blizzard acquires mobile gaming firm King Digital for $5.9 bn
04 Nov 2015
The acquisition is the biggest-ever for a mobile gaming company and pips Microsoft's $2.5-billion purchase of Swedish game maker Mojang last year
Visa Inc to buy back Visa Europe for €21 bn
03 Nov 2015
Global electronic payment giant Visa Inc is acquiring its former subsidiary Visa Europe Ltd to take on arch rival MasterCard
Nissan seeks to break free of Renault control
30 Oct 2015
Nissan has drawn up plans to purchase a larger stake in partner Renault as chief executive Carlos Ghosn seeks to reduce control by the French state, Renault’s largest shareholder
Samsung to sell chemicals businesses to Lotte Group for $2.6 bn
30 Oct 2015
Samsung is selling its chemicals business and stake in Samsung Fine Chemical in order to raise capital and invest in the rapidly growing automotive battery business
Samsung announces $10-bn buyback
29 Oct 2015
Samsung will tap into its $50-billion cash pile to buy back shares and invest in its components business
Pfizer, Allergan mull largest pharma merger
29 Oct 2015
US drug giant Pfizer Inc and Irish pharmaceutical company Allergan Plc are weighing a merger plan, which would create the world’s largest drug company with a market cap of more than $300 billion
Texas Instruments in talks to buy rival chipmaker Maxim Integrated Products
29 Oct 2015
Texas Instruments is the world’s third-largest manufacturer of semiconductors AND the second-largest supplier of chips for cellular handsets
Latest articles
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Featured articles
Hariman Sharma lets apple travel to India’s warmer climes
10 Feb 2025
Apple, which was the preserve of the cooler Himalayan region in India, is now everywhere – in the East, the West and the South - thanks to one enterprising Himachal farmer, Hariman Sharma.
The cost of neglecting water transport
03 Feb 2025
Inland water transport is widely recognised as a cheaper and environment friendly mode of transport and, as per a report prepared by RITES
Crypto Currencies Trying To Undermine Global Financial System
27 Jan 2025
US President Donald Trump, it seems, is the latest to join the frenzy for personal or corporate currency, with $TRUMP, or what they call a meme coin, giving a further boost to his crypto image.
As costs of saying final goodbyes rise UK families resort to crowdfunding to pay for funerals
By Axel Miller | 16 Jan 2025
The cost of saying a final goodbye to loved ones in the UK has reached a grim new high, leaving families grappling with unexpected financial burdens.
The life and times of Manmohan Singh, former Prime Minister of India
By Cygnus | 28 Dec 2024
On 27th December 2024 India and the world lost one of their finest statespersons in a hundred years. Manmohan Singh, born on 26th September 1932, in Gah, Punjab (now in Pakistan)
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
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