Amazon bypasses Hachette by offering authors all e-book proceeds
In a move aimed at taking authors out of the current dispute, Amazon bypasses Hachette by offering authors all e-book proceeds. Amazon wrote directly...
Latest AbbVie Shire takeover bid sweetened to $51.3bn
Will the latest (fourth) AbbVie Shire takeover bid worth $51.3 billion (£30.1 billion) do the trick? AbbVie’s share plus cash offer comes to £51.15...
German May industrial production fell 1.8%
German May industrial production fell 1.8% from April, on a price, seasonally and working day adjusted basis, the Federal Statistical Office (Destatis) reported today....
Global economic growth is weaker than expected, IMF
Global economic growth is weaker than expected, says Christine Lagarde, Managing Director of the International Monetary Fund (IMF). She predicts that global economic activity...
Moderate Eurozone growth continues
Moderate Eurozone growth is expected to continue, with second quarter 2014 GDP expanding by 0.3%, after the 0.2% growth posted in Q1, say researchers...
Global economic slowdown plus growing income inequality forecast
A new OECD study predicts a global economic slowdown plus growing income inequality for the next thirty to fifty years. The authors, who looked...
Kroger Vitacost purchase agreed
A Kroger Vitacost purchase worth $280 million has been agreed by the supermarket giant and the vitamins & health products online seller. According to...
Goldman Sachs gender bias lawsuit
A Goldman Sachs gender bias lawsuit may be extended to cover more than a decade of alleged discrimination. Two former employees say the investment...
Destination Maternity Mothercare takeover bid rejected, twice
A Destination Maternity Mothercare takeover bid has been turned down for the second time by the British retailer. US firm, Destination Maternity has offered...
JPMorgan boss’ throat cancer curable
JPMorgan boss’ throat cancer is curable, President, CEO and Chairman Jamie Dimon, aged 58, said. He told staff and shareholders that he will continue...