Walt Disney is said to be working with an adviser on a potential Twitter bid, according to a Bloomberg report on Monday, putting the entertainment company together with firms such as Google and Salesforce in the race to buy San Francisco-based social network. The purchase would give Disney a new online outlet for entertainment.
The Ticino-based pharmaceutical group Adienne reverses, and will not enter the stock market, contrary it had announced recently. "Adienne confirmed today that due to adverse market conditions it has put its intention to proceed with an IPO on hold until further notice," an Adienne spokesman said to Reuters. After two weeks, when CEO Di Naro Antonio said in a statement that "I am very pleased to quote Adienne on the SIX Swiss Exchange, certainly helping to strengthen the international presence of the company", the climate has definitely changed .
Algeria is changing its economy and opening up a market system, the state-owned banks will be listed on the stock exchange and therefore funded by private capital and foreign capital. The North African country is thus implementing a clear change of direction than in the past, when the organisation was based on a state-run and centralized system since its independence from France and the economy was at 60% on profits derived from petrodollars, ie the proceeds from the sale of oil, which was strictly public.
Goldman Sachs will cut about 30% of the jobs in Asia. The US bank would be to announce the cutting of about 30% of its workforce in Asia, excluding Japan. Goldman, whose investment banking revenue fell 11 per cent to US$1.79 billion in the second quarter, is reducing the number of bankers working on mergers and acquisitions, and equity and debt capital market deals, Reuters said, citing unnamed sources.
Deutsche Bank falls to lowest level in 24 years on the stock market, weighed down by concerns about the financial soundness of the German bank in view of the mega compensation from $ 14 billion demanded by the US to close the dispute linked to subprime mortgages.
Iceland, the name, could be a problem. Like the movie Kramer vs Kramer, the country is hoping to get Iceland, the British frozen foods giant to relinquish their trademark on Iceland, the word, within the European Union. Iceland’s ministry of foreign affairs told the PA that is considering action against the retailer, considering a cancellation action against its ownership of the Iceland trademark in the EU. A few years ago, filing such a lawsuit was first discussed, but the next steps will be decided at a meeting on September 28.
The citizens of Ticino ask to place restrictions on cross-border workers. According to final results, the initiative referendum "Ours First" - promoted by the Swiss People's Party (UDC) with the support of the Ticino League - passed with 58% of "yes". The rejection was 39.7%. The text submitted to the voters of the canton, where about 62 thousand border workers work every day , calls on "the labor market is preferred, level on professional qualifications, those who live on the territory."
The total value of Venture Capital (VC) investment into blockchain technologies and Bitcoin companies totalled $290 million in the first half 2016, with more than 30 startups receiving funding in that time, according to a new study from Juniper Research. More than a third of all investment was accounted for by three companies: Circle with its US$60 million Series D round; Blockstream, a US$55 million Series A; and Digital Asset Holdings, a US$60 million funding round.
Boris Johnson, the current British foreign minister, said that since early 2017, it will start the divorce process by the European Union and then Britain will most likely invoke Article 50. In this way the former mayor of London spoke in New York where United Nations Security Council held meeting on Syria perpetuating stalemate. He told the BBC: "The government is working towards an Article 50 letter which as you know will be produced, probably, in the early part of next year.
Yahoo confirmed that personal data from at least 500 million of its user accounts has been stolen in one of history's largest ever security breaches. The company, in the statement, said that "state-sponsored actor" is behind the attack, which happened in late 2014, but was only discovered recently during investigation of another suspected attack. Yahoo didn't revealed the identity of the state.
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