Today it became known about a possible merger of the American company Newell Rubbermaid (owner of the brand Parker) with Jarden Corp. (a number of well-known sports brands, including K2, Volkl and Madshus). The deal could be worth $ 13 billion. American companies Newell Rubbermaid and Jarden Corp. are pondering a possibility of merger. Larger Newell Rubbermaid (cap $ 12 billion; annual turnover -...

The European Commission is ready to soften their demands on the share of foreign investors in the European airlines in exchange for tighter controls on state subsidies. This should allow the regulator to check the Arab carriers, which have repeatedly been accused by market participants of violating the rules of fair competition. According to the Financial Times, the European Commission is...

South Korea's financial regulator (Financial Services Commission) opened an investigation into the Samsung Group senior officials on suspicion of insider trading. According to Yonhap, persons involved in the investigation are nine top managers of Samsung. Presumably, they managed to take advantage of non-public information about the merger of the group’s two divisions in order to extract personal...

Pinewood Studios’ operating profit for the first six months of this year increased from 2.5 million to 7 million pounds ($ 3.77 million and $ 10.6 million respectively) compared with the same period in 2014. This is due to use of the studio facilities for shooting "Star Wars. Episode VII: The Force Awakens" and "Spectre" (the last part of the James Bond franchise). At the time, the studio’s...

The Boston Consulting Group (BCG) has introduced another top 50 most innovative companies in the world. More than half of the companies included in the rating are residents of the United States, 11 Europeans, 10 - Asian. Half of them are not operating in the technology sector. The top five has had a minor reshuffle. Apple and Google have retained the first and second places respectively. It’s...

AB InBev brewing company intends to get rid of its two well-known beer brands - Dutch Grolsch and Italian Peroni. By doing this, AB InBev is going to seek the European regulators’ approval over the merger with the competitor - British brewing company SABMiller (Grolsch and Peroni’s owner). Applicants for these brands are considered Dutch Heineken and Canadian-American Molson Coors. Last weekend...

Millward Brown Optimor published its annual ranking of the most expensive brands in the world. According to analysts, strong brands generate high revenues and profits, as well as create competitive opportunities in various fields. As defined by the American Marketing Association, brand equity is value of a brand. However, there are different definitions of this concept, so there is no single way...

Yahoo’s CEO Marissa Mayer has repeatedly stated that improving the Internet company’s results can take years. However, many Yahoo employees lost their patience. They believe that Mayer has no clear idea how to further develop the company, and misleads investors about its progress. The company sunk into moral crisis - dozens of top managers fled Yahoo in the last few months. To stop the mass...

Japanese investors have invested about $ 10 million to create a fund and a virtual bank that will help people to raise a new cryptocurrency from walking. 10 thousand steps will be paid 1 cryptodollar. A new cryptocurrency will arrive into free circulation in 2016. This is Bitwalking Dollars (BW $), and everyone who loves walking will be able to earn them, reports BBC. Just install a special...