GM Continues Its Restructuring Long March With Plans To Sell Vauxhall.

By: Ainsley Brown General Motors (GM) this week in another move in its restructuring plan has taken further steps to divest itself of its European operations. First it was Swedish Saab now it’s the UK’s Vauxhall. According to the report in the Times GM is prepared to sell Vauxhall at a discount price – you could even say at a

Share
Read more

Not So Splendid For The Maker Of Splenda: Tate & Lyle Loses Trade Commission Case.

By: Ainsley Brown Tate & Lyle, the makers of Splenda, lost its appeal last week in the US International Trade Commission (ITC) in its bid to keep out an imported Chinese substitute to Splenda. The company initiated legal action in April of 2007 against a group of Chinese companies and six importers, after non-Splenda sucralose began appearing in the US

Share
Read more

PartyGaming Betting on a Return To The Lucrative US Market

By: Ainsley Brown The online casino operator famous for its online poker – PartyPoker – ended its protracted battle with US authorities and agreed to pay a $105 million fine. In 2006 US law makers made internet gambling illegal – something about crossing state lines and international boundaries – cutting deep into the earnings of PartyGaming and other online gambling

Share
Read more

Take Over Talks Between IBM And Sun Microsystems Collapse

By: Ainsley Brown In what would be the largest acquisition in IBM’s history, talks to take over its rival Sun Microsystems have collapsed. The deal worth an estimated $7 billion broke off after Sun Microsystems’ dissatisfaction with the share price IMB was offering consequently it terminated IBM’s exclusive negotiating status. In response IBM withdrew its offer. All of this could

Share
Read more
1 2