BASF, Gazprom Call Off Deal

Related Link: 

Germany’s BASF, the world’s largest chemical company by revenue, and Russia’s Gazprom have called off an asset-swap deal amid mounting political tensions between Russia and the West, BASF said.

Fosun Sweetens Club Med Bid

Related Link: 

Fosun and its partners yet again raised their offer for Club Méditerranée, highlighting the conglomerate’s determination to win a protracted takeover battle for the French resorts operator.

German Consumer Sentiment Rises

Related Link: 

German consumer confidence is set to start the new year on a strong note, hitting its highest level in eight years, a sentiment survey showed.

BAT Settles Flintkote Litigation

Related Link: 

British American Tobacco has agreed to settle a long-running dispute over dividend payments and asbestos claims with Flintkote for $575 million.

Luxembourg to Share Details of Corporate Tax Deals

Related Link: 

Luxembourg agreed to share with the European Commission information on tax deals secured by multinational companies with operations in the small nation.

Binder & Binder Files for Chapter 11

Related Link: 

Binder & Binder, one of the nation’s largest Social Security disability firms, filed for bankruptcy protection amid shrinking demand for its services as government scrutiny of disability claims tightens.

How a Memo Cost Big Banks $37 Billion

Related Link: 

A government lawyer’s discovery of a warning to J.P. Morgan officials about shaky mortgages jump-started the Justice Department’s probe of financial-crisis wrongdoing.

Arizona State Completes Deal for Troubled Business School

Related Link: 

Arizona State University has completed its deal to take over the Thunderbird School of Global Management, the last chapter in what has been a yearslong saga for the troubled Glendale, Ariz., business school.

Tokyo's Haneda Airport Takes Off

Related Link: 

Haneda is challenging cross-town Narita International Airport as Japan’s primary international gateway, and global airlines are scrambling to add flights to meet the growing demand.

Canadian Companies Operating in Cuba Prepare for Change

Related Link: 

After operating for decades in a Cuba with no American presence, Canadian firms are eyeing the potential normalization of U.S.-Cuban relations with caution.

Syndicate content