Biz/Tech
Alibaba Appoints Matthew Bassiur Head Of Global Intellectual Property Enforcement, Lead Company's Anti-Counterfeiting Efforts
Boeing To Pay $12 Million To Settle Enforcement Cases, Will Enhance Its Compliance System
LKQ To Acquire Rhiag-Inter Auto Parts, Expands European Footprint
LKQ Corporation, a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles, has announced in a press release that it will be acquiring Rhiag-Inter Auto Parts Italia S.p.A for an enterprise value of €1.04 billion.
Latest News
James Packer Steps Down As Director Of Crown Resorts, Intensifies Speculation He Will Bid For Company
Crown Resorts Limited has announced in a press release that James Packer has resigned as a director of the company, effective immediately. Packer’s resignation has intensified speculations that he is closer to bidding for the company.
Scotiabank Considering Options For Its Stake In Thanachart Bank, Part Of Strategic Shift Of Company's Asia-Pacific Operations
The Bank of Nova Scotia (Scotiabank) has announced in a press release that it may consider strategic options for its 49 percent stake in Thanachart Bank Public Company Limited.
BioMarin Says FDA Will Delay Decision On New Drug Application, Action Anticipated In Early January 2016
BioMarin Pharmaceuticals Inc. has announced in a press release that the U.S. Food and Drug Administration (FDA) will be delaying its decision on the company’s new drug application.
Pandora Announces Plan To Pay 15 Percent More To Artists Whose Music They Are Streaming
Pandora's new royalty rates represent a 15 percent increase over the company's 2015 effective per-performance payment system.
ChemChina Improves Offer To Buy Syngenta, Annouces Plan To Purchase Company In 2 Stages
China National Chemical Corp. (ChemChina) has improved its offer to acquire Syngenta AG and mark the biggest acquisition by a Chinese company, people with knowledge of the matter told Bloomberg.
Century Aluminum Reaches Power Agreement With Santee Cooper, Mt. Holly Smelter To Operate At Half Capacity
Century Aluminum Company has said in a press release that Century Aluminum of South Carolina, Inc., its wholly-owned subsidiary, has reached an agreement in principle with Santee Cooper.
Amazon Looking To Launch Air Delivery Business To Avoid Delays From Carriers
Amazon.com, Inc. is looking to launch its own air delivery service, as the company is negotiating to lease 20 Boeing 767 jets, cargo industry executives told The Seattle Times.
GSK To Acquire HIV Assets Of Bristol-Myers Squibb, Compelement ViiV Healthcare's Existing Portfolio
GlaxoSmithKline plc (GSK) has announced in a press release that it will be acquiring Bristol-Myers Squibb’s late-stage HIV R&D assets and its portfolio of preclinical and discovery stage HIV research assets. The HIV assets complement GSK’s global HIV business ViiV Healthcare’s existing portfolio.
Zurich Acquires Rural Community Insurance Services, Expands Its Existing Portfolio Of Products And Services
Zurich Insurance Group has announced in a press release that it will be acquiring 100 percent of Rural Community Insurance Services, a leading provider of agricultural insurance in the U.S., from Wells Fargo & Company. The acquisition will expand Zurich’s existing portfolio of products and services, and strengthen its top five position in the U.S. commercial insurance.