Pfizer-Allergan merger deal advances
Pfizer Inc. is in advanced talks to buy Allergan Plc which could be the largest drug merger in the US history. The deal will see Pfizer buying Allergan for as much as $380 per share valuing the company at a total of $150 billion.
Nov 20, 2015 2:54 AM EST
Alibaba names Gobi Partners its investment manager for $130-mn Entrepreneurs Fund
Alibaba Group has launched Entrepreneurs Fund for Hong Kong and Taiwan markets. The Chinese e-Commerce major has earmarked HK$ 1 billion for Hong Kong and NT$10 billion for Taiwan. Startups and new entrepreneurs can take advantage of Alibaba's infrastructure and expertise.
Nokia upbeat on Alcatel buy as it boosts 5G
Nokia is expecting that acquisition of Alcatel-Lucent will help it create 5G technology network as it will take care of future demands of data. The $16.6-billion acquisition deal may close in early 2016. Nokia has received required approvals from antitrust and government.
Following Sean Rad Controversial Interview, Match Group's Stock Soars
Match Group Inc, parent company of more than 45 online dating services in the world, is now listed as public company. The company's IPO was preceded by an embarrassing interview by one of its executive, Sean Rad.
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Battle of Southern California Between Google and Amazon for Holiday Season Sale
As Thanksgiving and Christmas is approaching, Google and Amazon is getting ready to win customers for holiday season sale.
Nov 20, 2015 1:43 AM EST
Asia's appetite for gold not enough to lift global demand
Bullion analysts rule out that growing middle classes in China and India can influence the gold price. Gold is currently trading at a five-year low. If US Fed raises the interest rate, the price of gold may slip below $1,000 an ounce. Gold price has been hovering above $1,000 level for the past six years.
Nov 20, 2015 1:09 AM EST
Liberty Global To Purchase Cable & Wireless Communications Worth $5.3 Billion
International cable TV company, Liberty Global says it is acquiring cable and wireless communication worth $5.3 billion deal.
Nov 19, 2015 11:24 PM EST
Blacks to Patronize Black-Owned Businesses Only
Should black go out and only buy things from black owned businesses? Maggie Anderson and her family believe, they should.
Nov 19, 2015 11:20 PM EST
Ola Beats Uber In the App Race: Is It Just The $500M Fresh Funding Or There Is Something More To it?
Ola wins the taxi app battle with the $500M funding from the giants though Uber is giving a tough competition in the rat race. The innovative ideas and new ventures are also paving the growth path for the Ola founders.
Nov 19, 2015 11:13 PM EST
Baidu Merges With Citic: China Opens-Up A New Door For Online Banking Market
Banking people required to be motivated to be a part of the online banking world. The pairing of Baidu and Citic will certainly show some meaningful improvement in the Chinese economy.
Nov 19, 2015 11:11 PM EST
The Deadly Figures Of Air Pollution Effect: A Silent Killer To Be Worried About
Have you ever thought that the lifesaving air you are breathing can take your life away too? Air pollution is becoming one of the life-threatening environmental diseases. The ever growing figures of deaths causing by it can shock you instantly.
Nov 19, 2015 10:58 PM EST
Amazon Black Friday holidays deals announced, available for eight days
The retail giant, Amazon announced on Wednesday that the Black Friday holidays deals will start on Friday, and will be updated every 5 minutes continuously for eight days. Furthermore, the customers will be given deals alerts on ‘App only Deals’ on their phones.
Nov 19, 2015 10:50 PM EST
Jaguar Land Rover rolls out a convertible SUV
Land Rover announced its convertible SUV, the Range Rover Evoque Convertible, at the LA Auto Show. The car will be on sale in 2016 at $51,470.
Nov 19, 2015 10:15 PM EST
Indian Rupee dropped after Boost in Consumer Prices
India's rupee dropped 9 paise to 66.12 against US dollar Wednesday after reports of boost in consumer prices and the looming December fed rate hike.
Nov 19, 2015 4:21 AM EST
South African Inflation Rose to 4.7% in October
South African inflation in October rose to 4.7%, in line with the forecast. South Africa, the Africa's most developed country faces an increase in inflation rate to 4.
Nov 19, 2015 3:57 AM EST
Salesforce Q3 profit beats forecast
Salesforce has adjusted its third quarter profit that surpassed forecasts. Encouraed wtih improving operating margins, the cloud-based software maker has increased its forecast for the year ending January 2016. The increasing demand for cloud software is enhancing company's financial performance.
Nov 19, 2015 2:53 AM EST
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