New Blow for Li Ka-shing as EU Hangs Up on O2 Deal

Related Link: 

With the EU set to block Hutchison’s roughly $14 billion bid for the U.K.’s second-largest cellphone operator, Li Ka-shing faces a setback in his efforts to pivot his business empire toward Europe.

EU Court Backs Tough New Antismoking Law

Related Link: 

The European Union’s highest court rejected a challenge by Philip Morris and other tobacco companies against a tough new antismoking law.

Shell Profit Falls But Beats Forecasts

Related Link: 

Royal Dutch Shell is continuing to hammer down costs and spending as the company moves to integrate its roughly $50 billion acquisition of BG Group in the midst of a historic oil price slump.

Maersk's Net Profit Sinks

Related Link: 

AP Moller-Maersk’s net profit sank in the first quarter as a sharp decline in freight rates pressured its shipping business while the plunge in crude prices at the start of the year hit its oil business.

Adidas to Sell Parts of Its Golf Business

Related Link: 

German sportswear maker Adidas said it is actively seeking a buyer for parts of its golf unit, after years of slumping sales.

Why China's Big Banks Aren't Looking So Large

Related Link: 

China’s behemoth banks—among the biggest in the world by assets—have stopped getting much bigger. But that doesn’t mean risks surrounding them have subsided.

AB InBev Profit Dips on Currency Factors

Related Link: 

Belgian brewer Anheuser-Busch InBev said unfavorable currency effects damaged net profit in the first quarter of the year.

China Warns Economists to Brighten Outlooks

Related Link: 

Chinese authorities have issued verbal warnings to economists, analysts and business reporters whose gloomy public remarks on the economy are out of step with the government’s upbeat statements.

Siemens Profit Beats Forecasts

Related Link: 

German engineering giant Siemens reported a 63% drop in net profit for the second quarter of its fiscal year 2016, after the year-earlier figures were buoyed by one-off gains from asset sales.

Kerivan-Lane: Go Ductless!

Upgrade Your Home Heating and Air-Conditioning System to Ductless! Sign up to recieve a FREE in home estimate and $100.00 off Coupon!*
0% financing and up to $1350 in rebates are available

Why Go Ductless?

Syndicate content