Just Eat Acquires Australian Competitor

The online takeaway delivery service has made one of the biggest acquisitions ever made in the industry. After only a few days ago posting like-for-like orders have jumped 47% this year the online takeaway business is spending 855m Australian dollars (£437m) for its Australian competitor Menulog, funding the deal by issuing new shares. Menulog has More...

McDonalds Going To Simplify And Focus More On Customers
The struggling fast food company is having to make drastic cost cuts to improve its performance. The CEO of McDonalds, Steve Easterbrook said that he is going to cut down the layers of bureaucracy and increase accountability More...

Glaxo To Change Its CEO?
New CEO of GlaxoSmithKline, Philip Hampton. GlaxoSmithKline PLC has a new chairman, Philip Hampton, experienced with troublesome companies and reviving their capacities. He is well known for rigid cuts, especially More...

McDonalds To Show Its Face With A New CEO’s Strategy
The new CEO of McDonalds has a new strategy in place to turnaround the struggling company. The new Chief Executive of McDonalds, Steve Easterbrook is getting ready to reveal a new plan during Monday on how to review More...

Board Members Of VW Force Chairman To Retire
The now ex Volkswagen chairman Ferdinand Piech. Ferdinand Piech, the man who has resigned from the position of chairman at Volkswagen during the weekend, has planted the seeds for his own demise when he stepped More...

Comcast Withdraws Its Deal For Time Warner Cable
After facing large opposition from Government and competitors that the companies would have an industry monopoly Comcast has withdrawn it’s offer for Time Warner Cable. Comcast has withdrawn its $45 billion More...