United to recall furloughed employees as travel recovers
The fading of the pandemic and the rollout of vaccines has brought in some good cheer for the floundering air travel industry. More countries have opened up for business and are al
UK's Sanne agrees to consider Cinven bid
Sanne, a UK fund administration business that provides alternative asset and corporate services, has agreed to hold talks with private equity firm Cinven over a potential £1.4bn t
Global stocks rise as investors ignore inflations indicators
Global stocks rose to an all-time high, with investor showing confidence in a strong economic recovery from coronavirus and the vaccine effect, but the market is still a bit cautio
UK watchdog whacks Amazon with probe for unfair data collection practices
The Competition and Markets Authority will focus on whether Amazon, Inc. favors merchants that use its delivery services.
Altice buys 12 percent stake in BT worth £2 billion
Altice said it did not intend to make a bid for the British Telecoms company, though the takeover code also does not allow it to make an unsolicited buyout offer for six months wit
G7 countries agree on broad principles of minimum corporate tax deal
The world’s richest nations (G7) reached a landmark accord setting a global minimum corporate tax rate for multinationals. Would it be effective in tackling tax evasion and avoid
BC Partner goes the Continuation Fund way to strike a $7bn deal
BC Partners, a UK private equity firm, has floated a “continuation fund” deal, one of Europe’s largest such deals, by transferring its 47 per cent stake in the academic publi
FDA approves Biogen's $56,000 drug for Alzheimer's
The Food and Drug Administration of the US approved on Monday Biogen Inc’s Aducanumab to treat Alzheimer’s disease amidst the controversy of its efficacy. Biogen has pr
UK watchdog's plans for big banks to draw fair compete rules draws criticism
Under UK Finance’s proposals, nine banks under investigation by the CMA would be obliged to fund a “future entity” for three years.
