Finance News

Merck & Co., Inc. Set To Make Waves In Insomnia Drugs Market

Merck & Co., Inc. Set To Make Waves In Insomnia Drugs Market

Merck possibly has a blockbuster drug on its hands, evident from the fact that the company’s insomnia drug prescriptions have been escalating at a rapid rate Merck & Co., Inc. (NYSE:MRK) may have a blockbuster drug on its hands in the form of the new insomnia drug, Belsomra. Belsomra was […]

Alibaba Group Holding Ltd. Looks To Outperform eBay Inc., Amazon.com, Inc. In Russia

Alibaba Group Holding Ltd. Looks To Outperform eBay Inc., Amazon.com, Inc. In Russia

Alibaba Group Holding Ltd. (NYSE:BABA), currently the leader in the Chinese e-commerce market, is still looking for different avenues for growth. The company is planning to expand its operations into a new location and serve its newest group of consumers, the Russians. Alibaba’s general manager, Mark Zavadskiy said: “E-commerce truly […]

Vodafone Group Plc Said To Be In Talks With Liberty Global For A Possible Merger

Vodafone Group Plc Said To Be In Talks With Liberty Global For A Possible Merger

Vodafone and Liberty Global are reportedly engaged in merger talks, according to Bloomberg Vodafone Group Plc. (ADR) (NASDAQ:VOD) and Liberty Global Plc. (NASDAQ:LBTYA) might be considering a merger, among other transactions, Bloomberg reports, citing people close to the matter. Rumors of such a deal have been in the works since […]

Alibaba Group Holding Ltd Buckles To Regulatory Pressure; Submits New Application To Invest In Taiwan

Alibaba Group Holding Ltd Buckles To Regulatory Pressure; Submits New Application To Invest In Taiwan

Alibaba has complied with the Taiwanese regulator’s demand to put in a new application, in order to continue operating in the region Alibaba Group Holding Ltd (NYSE:BABA) has submitted yet another application to invest in Taiwan under the rules for mainland-backed companies. Chinese investments in the region are scrutinized harshly, […]

Lloyds Banking Group PLC (ADR) (NYSE:LYG) Fined £117 million Over PPI

Lloyds Banking Group PLC (ADR) (NYSE:LYG) Fined £117 million Over PPI

Llyods has been fined by British regulators for not handling its payment protection insurance sales properly British regulators have imposed a £117 million ($180 million) fine on Lloyds Banking Group. The allegations concern the handling of customer complaints related to a loan insurance product. As a result, Lloyds has decided […]