Paysafe lands all-cash offer from Blackstone, CVC

The proposed all-cash offer has been on the table since early May and subsequent negotiations have led to a potential offer of 590 pence per share. That has since been followed by a €1.5 billion (RM7.4 billion) bid yesterday for Stockholm-based Bam... More..

by | Published 26 days ago
Jobs Coming To The City
by | Sunday, July 23, 2017

Jobs Coming To The City

Earlier this week, Morgan Stanley and Citigroup Inc, two other big USA banks, signaled they would choose Frankfurt as a new hub following Brexit, which is expected to take effect in 2019. bank that has bought ...More..

Five-year-old fined £150 for selling lemonade
by | Sunday, July 23, 2017

Five-year-old fined £150 for selling lemonade

According to The Independent, the five-year-old and her father had made a decision to sell cups of lemonade to hundreds of people who were attending the Lovebox festival in nearby Victoria Park. A spokesman for...More..

Online payments company Paysafe receives £2.9bn approach from Blackstone and CVC
by | Sunday, July 23, 2017

Online payments company Paysafe receives £2.9bn approach from Blackstone and CVC

A series of deals in the sector has driven share prices higher in recent weeks. Earlier this month Worldpay, Britain's largest payments processor, announced that it had accepted a £7.7bn takeover offer from U...More..

Indian shares end higher; Reliance Industries leads
by | Sunday, July 23, 2017

Indian shares end higher; Reliance Industries leads

In Asia, stocks took a pause after gaining for nine days. The Sensex touched a high of 32,057.12 points and a low of 31,859.50 points during intra-day trade. Market breadth was in the favour of gainers, wit...More..

GE profits off in second quarter
by | Saturday, July 22, 2017

GE profits off in second quarter

Both sides agreed unanimously on the arrangement in October, with the oil and gas unit of GE taking a 62.5 percent stake in Baker Hughes for an entity with combined revenue of $32 billion. Cash flow in GE's ind...More..

Elon Musk: I have 'verbal' approval for underground Hyperloop through Baltimore
by | Saturday, July 22, 2017

Elon Musk: I have 'verbal' approval for underground Hyperloop through Baltimore

Musk's early musings about the Hyperloop and The Boring Company showed his primary focus has been improving California traffic by building high-speed transit and underground roads. Musk mentioned last m...More..

Crimean scandal prompts Siemens to retreat from Russian energy
by | Saturday, July 22, 2017

Crimean scandal prompts Siemens to retreat from Russian energy

Siemens said the diversion of the turbines constituted a "blatant breach of delivery contracts, trust and European Union regulations". That followed a report in the Sueddeutsche Zeitung newspaper that said ...More..

Turkey seeks to cool row with Germany
by | Saturday, July 22, 2017

Turkey seeks to cool row with Germany

Turkey's minister of economic affairs, Nihat Zeybekci also sought to stem the economic fall-out from a growing diplomatic crisis with North Atlantic Treaty Organisation ally Germany, saying that German investme...More..

Amazon Reportedly Bought This Data Visualization Company to Bolster Alexa
by | Saturday, July 22, 2017

Amazon Reportedly Bought This Data Visualization Company to Bolster Alexa

Alexa in the Android app works much the same as it does on Echo . On iOS, the in-app version of Alexa is capable of doing everything it does on an Echo, Dot, or Tap speaker, including summoning a Uber, ...More..

Lyft is following Uber into self-driving cars
by | Saturday, July 22, 2017

Lyft is following Uber into self-driving cars

And Lyft said that if its in-house self-driving technology reaches maturity, it will rely on the automobile industry to build a vehicle rather than building one themselves. The other thing to consider, with a...More..

Avista bought by Canadian company for $5.3 billion
by | Friday, July 21, 2017

Avista bought by Canadian company for $5.3 billion

The company has headquarters in Spokane, Washington. According to a press release, the merger was unanimously approved by the Boards of Directors of both companies and is expected to close in late 2018. Hart-...More..

Hansa marketplace shuttered along with AlphaBay
by | Friday, July 21, 2017

Hansa marketplace shuttered along with AlphaBay

The website had 100,000 listings for sale when the governments took it down. A market place called The Dream Market is the second largest, with Hansa the third. After the fallout in early July, Wilson said fo...More..

Sears hops on Alexa bandwagon in move to spruce up appliances
by | Friday, July 21, 2017

Sears hops on Alexa bandwagon in move to spruce up appliances

Shares of Whirlpool have dropped 2.6% to $193.22 at 9:50 a.m. today, while Home Depot has tumbled 3.5% to $147.94, Lowe's has slumped 3.3% to $74.29, Sears Holdings has jumped 19% to $10.29, and Amazon....More..

U.S. market closes at record highs on the back of robust earnings
by | Friday, July 21, 2017

U.S. market closes at record highs on the back of robust earnings

At 12:46 p.m. ET (1646 GMT), the Dow Jones Industrial Average was down 17.19 points, or 0.08 percent, at 21,623.56, the S&P 500 was up 2.19 points, or 0.08 percent, at 2,476.02. In Europe, it was a day of r...More..

Discovery back in merger talks with Scripps
by | Friday, July 21, 2017

Discovery back in merger talks with Scripps

The firm has shaped a compelling indication for investors in the most recent trading. Vanguard Group Inc. boosted its stake in shares of Scripps Networks Interactive by 3.3% in the first quarter. The stock of...More..

Mob Sets Banks Ablaze After Policeman Allegedly Killed Tanker Driver
by | Friday, July 21, 2017

Mob Sets Banks Ablaze After Policeman Allegedly Killed Tanker Driver

Our correspondent learnt that enraged mob populated by truck drivers angered by the gruesome killing by the police burnt down the Diamond Bank branch in the area after a policeman that was attached hid himsel...More..

IBM unveils powerful new encryption mainframe
by | Thursday, July 20, 2017

IBM unveils powerful new encryption mainframe

The average cost of an enterprise data breach comes to more than $3.6 million, according to the 2017 Cost of Data Breach Study produced by IBM Security and the Ponemon Institute. Broader use of encryption...More..

Can Physicians Realty Trust (NYSE: DOC) abort your expectations?
by | Thursday, July 20, 2017

Can Physicians Realty Trust (NYSE: DOC) abort your expectations?

The stock declined 0.07% or $0.04 reaching $56.84 on the news. Following the sale, the senior vice president now directly owns 13,377 shares in the company, valued at approximately $1,605,240. Brown Advisory Se...More..

Goldman Sachs' Revenue is Worse than Bank of America
by | Wednesday, July 19, 2017

Goldman Sachs' Revenue is Worse than Bank of America

Thrivent Financial for Lutherans now owns 1,009,250 shares of the investment management company's stock valued at $241,665,000 after buying an additional 274,810 shares during the last quarter. The company's ...More..