BASF: major chemical manufacturer in trouble
BASF announced on July 8th that the EBIT before special items for the second quarter was going to be considerably below expectations. That led the…
Hollywood in China: US films fuel audiences for its Asia-Pacific rivals
Beyond the ongoing trade war, Hollywood has more long-term worries than the Chinese film industry, which now faltering even though it remains on an otherwise…
Amazon reenters food delivery market: Investment in Deliveroo could prove lucrative
Amazon has adopted a new strategy in an attempt to generate success in the UK food delivery market. By acquiring a minority share in Deliveroo…
Loop: Reinventing waste-free packaging
Loop proposes a new way to shop which was created with the intention of addressing the global reliance on single-use packaging. Via the Loop system,…
Vodafone reveals bleak annual performance, blaming increased competition
Ballooning costs associated with purchase of expensive 5G spectrum in Europe has pushed up the companies swelling debt load. Vodafone has revealed a dismal annual…
Uber and Volvo unveil latest autonomous vehicle, heating up the race for global deployment
Joint unveiling of XC90 by Uber and Volvo places both companies in strong position in autonomous vehicle development race. XC90 promises much as Uber and…
Eldorado Purchase of Caesars: Main concern is debt held by both companies
Arguably the biggest name in gambling, Caesars Entertainment, has been bought by Eldorado Resorts in a deal worth $17.3bn. The announcement comes after a serious…
Rail fares rise again: Rail fares have been increased by 3.1% in England and Wales, and 3% in Scotland.
Rail companies and the government are justifying the price increase based on inflation levels, rail unions demanding pay rises and future investments. The rail fare…
Merlin bought by Lego, Blackstone & CPPIB: In a $6bn deal, investors have swooped in to buyout Merlin Entertainments
Merlin Entertainments is set to go private through a deal with the Lego owners, Canadian pension firm CPPIB and private equity firm Blackstone. Since going…
