Some may think that the key to expansion is growing, but it is becoming more popular in the global business world today for companies to divest in order to achieve desired growth. Many and also help improve corporate performance. A growing abundance of divestitures is being seen throughout industries around the globe, even in industries where M&A activity like this is anything but the norm.
globalEDGE Blog - Page 150
Publish Date:
Earlier this year, was planning on taking over , a deal that was met with harsh reactions from the public as well as many media companies and organizations. The fear was that a merger between two of the biggest media conglomerates in the would significantly reduce competition in the telecommunications industry. After the Department of Justice threatened an antitrust lawsuit against the companies, the merger plan was canceled about a month ago. Now has taken Comcast's place, having proposed a $56.7 billion plan for the takeover of Time Warner Cable. This time, the deal seems to be different and has gathered more support. Here is a closer look at the potential benefits and ramifications of this proposal.
Publish Date:
Latin America has often been considered one of the largest areas for economic growth; however, at the end of the first fiscal quarter, the . Despite most economies in the region continuing their steady growth paths, , , and have decreased in their growth, with only and seeing an increase of growth. This can be attributed to global conditions, as other countries, such as and have also showed similar signs of decreased economic growth.
Publish Date:
A faltering economy and civil unrest are turning away potential foreign investment in . The unemployment rate is at an and the stagnating economy does not provide an optimistic outlook for this rate to drop. This bleak forecast is causing massive amounts of civil unrest in the form of violent protests all across the nation.
Publish Date:
Despite low unemployment, the United Kingdom is currently faced with extremely low levels of productivity. As a country, the U.K. produces 30% less per hour than its counterparts in and while working on average more hours. The problem is deep-seeded and . And although productivity was not high on the agenda during election season, Chancellor George Osbourne has stated that addressing the root causes is now a priority for Parliament.
Publish Date:
On Monday, Narendra Modi, the prime minister of , went to for a two-day visit with its president, Park Geun-hye. On that day, . The two countries have vastly improved their relationship, elevating their relationship to a "Special Strategic Partnership". By improving both political and economic ties between the countries and opening up special business deals, Modi's visit is one that could prove vastly beneficial to both countries and potentially the global economy.
Publish Date:
A group of five of the world's largest banks are due to . These fines were brought to the banks by , , and regulators late last year after finding out that currency traders were using chat rooms to . Included in these banks are JPMorgan, Barclays, Citigroup, UBS, and RBS. Many of the banks have come forward with guilty pleas, which has been unheard of in past litigations against such institutions, as most of the time banks settle litigation without any admission of fault.
Publish Date:
Ukraine’s economy has in an economic downturn that stretches back to 2012. In the first quarter of 2015 the compared to the same period last year, while Gross Domestic Product fell 7% in the same period. The underlying causes of this recession are both a downturn in the domestic market, as well as a struggle to sever its economic dependence on Russia and orient itself more towards the west, specifically the European Union.
Publish Date:
due to the rising value of the dollar and the potential for an oversupply of oil. Global conditions and the turmoil in the Middle East caused oil barrel prices to rise, especially due to the gains that Islamic State militants made in Iraq after seizing the provincial capital of Ramadi. In addition, the dollar continued to rise against other major currencies, thus making raw materials less affordable to holders of the euro and other currencies.
Publish Date:
Following a shockingly strong win for the in the recent elections, re-elected Prime Minister David Cameron promised an "in-out referendum" on the future of the U.K.'s membership within the before the end of 2017. The referendum has its roots in the understandably unpopular red tape and bureaucracy that affects within the E.U., especially with regard to the trade bloc's employment laws and health and safety issues. In spite of this, Cameron's announcement was .