According to a source, the multinational beverage and brewing company, Anheuser-Busch InBev may increase its takeover bid for SABMiller before the deadline ends on Wednesday. The brewer headquartered in Leuven, Belgium, is thinking of a possible offer at the range of 43 to 44 pounds a share said the source with knowledge of the matter.
On Monday, right in the morning of the new week, oil prices rose. The early Asian trade saw a rise as there was a drop in the number of U.S. oil rigs for the sixth consecutive week. The traders in Asia waited for the Chinese trade data that was scheduled to be published after a weeklong National Holiday.
Tegna Inc., the McLean, Virginia based broadcast and digital media company operating television stations along with consumer websites, cut off the access of local channels for its Dish Network Corp. customers in thirty eight markets all over the United States, including Phoenix. It is due to a dispute between the two companies regarding a contract.
Generally two things tend to take place each year, firstly there is a rise in the Social Security benefits and secondly the premiums for Medicare Part B also rise. That covers in-patient treatment, along with cost of doctors and some medicines. However, this is not like any normal year and is somewhat unusual as the Social Security benefits remain flat for 2016.
The G20 countries or some of the key economies of the world have endorsed a package of measures that will allow them to handle avoidance of corporate taxes better. However, it is always a question whether it will still leave loop holes in the plans which the multinationals can exploit to save millions in taxes.
John Cryan, the co-CEO of Deutsche Bank AG says that in the third quarter the bank may take its largest quarterly loss that's been noted in last one decade. It may also scrap a dividend which has been there since the postwar reconstruction in Germany, as he is making an effort fix the firms performance without asking the shareholders to inject additional capital.
Wolfsburg, the fifth largest city in the Germany's lower Saxony houses the headquarters of Volkswagen along with one of the largest of the world's car manufacturing factory. The auto plant is huge and could fit Monaco well within it. The jobs in the plants support the city of 125,000 and also inject cash for many developmental causes.