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Microsoft's Activision Takeover Deal Was Blocked Due to Cloud Gaming, Not Consoles: Details
Microsoft's Activision Blizzard takeover deal was blocked due to the nascent cloud market and not consoles, after the Windows operating system maker failed to address concerns about the $69 billion (roughly Rs. 5,64,700 crore) deal raised by Britain's Competition and Markets Authority (CMA) with regard to cloud gaming, while answering questions abo...
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Amazon Faces Probe Over Marketplace Practices From UK Competition Watchdog
Amazon is facing an investigation by the Competition and Markets Authority (CMA), the UK’s competition watchdog, on whether the e-commerce giant is hurting competition on its platform by giving its own sellers an advantage over third party sellers. The probe follows a current European Commission probe looking at similar concerns, but which does n...
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UK Pursuing Data Partnerships With US, Australia, South Korea, Others to Boost Trade Post Brexit
Britain said it was pursuing data partnerships with countries including the United States, Australia, South Korea, and other fast-growing markets to break down barriers and boost trade after Brexit.
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Britain to Offer Fast-Track Visas to Bolster Fintech Companies After Brexit
Britain has announced a fast-track visa scheme for jobs at fintech firms after a government-backed review warned that financial technology firms will struggle with Brexit and tougher competition for global talent.
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Brexit Becomes Reality As UK Leaves European Union's Single Market
Britain on Thursday finally severed its turbulent half-century partnership with Europe, quitting the EU single market and customs union and going its own way four-and-a-half years after its shock vote to leave the bloc.
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UK Will Remain Europe's Friend, "Number One Market", Says Boris Johnson
Britain's post-Brexit trade deal with the European Union provides "a new stability and a new certainty", Prime Minister Boris Johnson said Thursday, adding UK-EU relations had sometimes been "fractious and difficult".
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UK Car Industry Seeks Support, Free-Trade Brexit Deal, As Output Falls
Britain's car industry called on the government to help boost the market in its upcoming budget and secure a free-trade deal with Europe as output fell again in January, hit by a double-digit slump in domestic demand.
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UK Car Sales Hit Six-Year Low In 2019: Industry Body
New UK car sales sank in 2019 to a six-year low on weak demand for high-polluting diesels and amid Brexit uncertainty, an industry body said Monday. Sales slid 2.4 per cent to 2.31 million new cars in 2019 from the previous year, the Society of Motor Manufacturers and Traders (SMMT) said in a statement. That was the lowest total since 2013 and mark...
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Jaguar Land Rover Seeks $1 Billion Funding After Shock Writedown
Jaguar Land Rover, reeling from a $4 billion writedown, a slump in China sales and uncertainty around Brexit, said conditions arent right for it to borrow from the bond market and that its seeking alternative funding. The luxury automaker needs to raise $1 billion within 14 months to replace maturing bonds, while feeding an investment program for e...
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Oxford Bond Debut Success Shows UK Universities Another Course
The 100-year bond, launched on December 1 with a 2.5 percent coupon, has taken the market for deals for UK universities and colleges to a new level on a par with such big U.S. names as Harvard and Yale.
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Factbox: Countdown To Brexit Breakthrough?
Here is a timeline of the coming few days that will determine whether Britain avoids further costly delays in giving business assurances of a smooth exit from the European Union and of free trade with its biggest market in the future:
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Snapchat Becomes Latest Tech Firm to Pick London Despite Brexit
London has remained attractive to global tech firms due to its pool of talent in the creative and tech sectors.
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UK Faces Another Brexit Legal Fight Over Single Market: Report
The British government could face a legal challenge over whether leaving the European Union automatically would trigger a departure from the single market, the BBC reported on Monday.
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Opinion: No, India's Software Industry Did Not Die On Friday
The Indian software export industry is about $110 billion. It employs around 4.25 million people. It has a 60 per cent market share of global outsourcing and is globally dominant.
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Booming India Helps Drive Demand for Scotch Whisky
Scotch whisky exports rose 3.1 percent in the first six months of 2016, driven by booming demand in India.Demand in India, where the market grew 41 percent by volume and 28 percent by value, helped drive total global sales to 533 million bottles equivalent.
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Microsoft's Activision Takeover Deal Was Blocked Due to Cloud Gaming, Not Consoles: Details
Microsoft's Activision Blizzard takeover deal was blocked due to the nascent cloud market and not consoles, after the Windows operating system maker failed to address concerns about the $69 billion (roughly Rs. 5,64,700 crore) deal raised by Britain's Competition and Markets Authority (CMA) with regard to cloud gaming, while answering questions abo...
-
Amazon Faces Probe Over Marketplace Practices From UK Competition Watchdog
Amazon is facing an investigation by the Competition and Markets Authority (CMA), the UK’s competition watchdog, on whether the e-commerce giant is hurting competition on its platform by giving its own sellers an advantage over third party sellers. The probe follows a current European Commission probe looking at similar concerns, but which does n...
-
UK Pursuing Data Partnerships With US, Australia, South Korea, Others to Boost Trade Post Brexit
Britain said it was pursuing data partnerships with countries including the United States, Australia, South Korea, and other fast-growing markets to break down barriers and boost trade after Brexit.
-
Britain to Offer Fast-Track Visas to Bolster Fintech Companies After Brexit
Britain has announced a fast-track visa scheme for jobs at fintech firms after a government-backed review warned that financial technology firms will struggle with Brexit and tougher competition for global talent.
-
Brexit Becomes Reality As UK Leaves European Union's Single Market
Britain on Thursday finally severed its turbulent half-century partnership with Europe, quitting the EU single market and customs union and going its own way four-and-a-half years after its shock vote to leave the bloc.
-
UK Will Remain Europe's Friend, "Number One Market", Says Boris Johnson
Britain's post-Brexit trade deal with the European Union provides "a new stability and a new certainty", Prime Minister Boris Johnson said Thursday, adding UK-EU relations had sometimes been "fractious and difficult".
-
UK Car Industry Seeks Support, Free-Trade Brexit Deal, As Output Falls
Britain's car industry called on the government to help boost the market in its upcoming budget and secure a free-trade deal with Europe as output fell again in January, hit by a double-digit slump in domestic demand.
-
UK Car Sales Hit Six-Year Low In 2019: Industry Body
New UK car sales sank in 2019 to a six-year low on weak demand for high-polluting diesels and amid Brexit uncertainty, an industry body said Monday. Sales slid 2.4 per cent to 2.31 million new cars in 2019 from the previous year, the Society of Motor Manufacturers and Traders (SMMT) said in a statement. That was the lowest total since 2013 and mark...
-
Jaguar Land Rover Seeks $1 Billion Funding After Shock Writedown
Jaguar Land Rover, reeling from a $4 billion writedown, a slump in China sales and uncertainty around Brexit, said conditions arent right for it to borrow from the bond market and that its seeking alternative funding. The luxury automaker needs to raise $1 billion within 14 months to replace maturing bonds, while feeding an investment program for e...
-
Oxford Bond Debut Success Shows UK Universities Another Course
The 100-year bond, launched on December 1 with a 2.5 percent coupon, has taken the market for deals for UK universities and colleges to a new level on a par with such big U.S. names as Harvard and Yale.
-
Factbox: Countdown To Brexit Breakthrough?
Here is a timeline of the coming few days that will determine whether Britain avoids further costly delays in giving business assurances of a smooth exit from the European Union and of free trade with its biggest market in the future:
-
Snapchat Becomes Latest Tech Firm to Pick London Despite Brexit
London has remained attractive to global tech firms due to its pool of talent in the creative and tech sectors.
-
UK Faces Another Brexit Legal Fight Over Single Market: Report
The British government could face a legal challenge over whether leaving the European Union automatically would trigger a departure from the single market, the BBC reported on Monday.
-
Opinion: No, India's Software Industry Did Not Die On Friday
The Indian software export industry is about $110 billion. It employs around 4.25 million people. It has a 60 per cent market share of global outsourcing and is globally dominant.
-
Booming India Helps Drive Demand for Scotch Whisky
Scotch whisky exports rose 3.1 percent in the first six months of 2016, driven by booming demand in India.Demand in India, where the market grew 41 percent by volume and 28 percent by value, helped drive total global sales to 533 million bottles equivalent.
