Japanese Sharp’s quotes are falling as investors are staying concerned about the fact that the acquisition of a controlling stake in Sharp by Taiwanese Foxconn may be broken. At the close of the Tokyo Stock Exchange’s trading sesion on Tuesday, March 22, prices of Sharp’s securities slipped by 6.5%. This is the biggest drop in a week. Investors' concerns are not unfounded. It's been a month...

The Chinese company Sparkle Roll Group, specializing in sale of luxury goods, is negotiating purchase of the Danish manufacturer of luxury class audio and video Bang & Olufsen. For several years, the latter is reporting with a loss due to a fall in demand for audio and video systems. Possible amount of the transaction and its terms were not disclosed. Today it became known that a Hong Kong...

On Monday, Dow Jones Agency published results of its own investigation, which shows that not only politicians, but also financiers feel very cool about the US presidential candidate Donald Trump. Nevertheless, there is a bank, on which Mr. Trump could always rely. It is Deutsche Bank, which provided loans of $ 3.5 billion in the long years of cooperation with Donald Trump and associated...

Canadian company TransCanada Corp. reached an agreement to purchase the US Columbia Pipeline Group for $ 10.2 billion, according to TransCanada’s report. TransCanada has agreed to pay $ 25.5 per Columbia’s share, what is 11% higher than the quotes at the close of trading on March 16. In addition, the Canadian company will take over an obligation to pay Columbia’s debt in the amount of $ 2.8...

Li Ka-shing, China's richest businessman and Chairman of Hutchison Holdings Board of Directors intends to reduce investment in the British economy if Britain refuses membership in the European Union. It is reported by Bloomberg. Hong Kong billionaire has warned that if the UK goes out of the EU, then Hutchison will certainly reduce the investment in its economy. Li Ka-shing said that probability...

This morning, management boards of the Frankfurt and London stock exchanges announced harmonization of the conditions of the two marketplaces’ merger. Shareholders of Deutsche Boerse and the London Stock Exchange are recommended to support the deal worth £ 21 billion, which will be carried out through an exchange of shares and will lead to creation of the largest stock exchange in Europe. In a...

German investors have decided to abandon patriotism, and have issued a class action lawsuit and submitted claims totaling $ 3.7 billion to Volkswagen. The plaintiffs are dissatisfied with the fact that the automaker is too slow to provide information on the diesel scandal. The suit has been registered in Braunschweig Regional Court on behalf of 278 institutional investors from Germany and other...

Italian Eni company, together with Norway's Statoil have begun oil production in the Arctic waters of Norway for the first time in the history. Prior to this, developments had been carried out only in the lower latitudes with much less stringent climate. According to exploration, reserves of the Arctic shelf field ‘Goliat’ comprise at least 180 million barrels of oil. First production was delayed...

The total amount of corporate payments to Coca-Cola’s head, the company's board chairman Muhtar Kent decreased by 42% at the end of 2015 - from $ 25.2 million to $ 14.59 million. "We have updated the annual incentive scheme program in order to prove the company's attention to the convergence of the maximum and minimum payments [to employees]. Reflecting the fact that 2015 was a transition for the...