July 10, 2013
Traditional Islamic Banking Causes Debt Crisis
Sweden eliminated cash transactions in two-thirds of its bank, Kenya shed light on developing nations through the introduction of M-Pesa—and the U.A.E. just announced it will begin the first phase...
April 21, 2013
Gulf Cities Challenge Dubai’s Financial Hub
Dubai, the modernistic city once projected to conquer the Gulf region, is now fighting to keep global banks from switching to rivals in surrounding countries. Dubai is a city that...
February 27, 2013
India: Sources say major alcohol merger approved, no confirmation yet
According to sources, the Competition Commission of India has approved of the merger remedies proposed by alcohol giant USL in its bid to acquire Diageo Plc. While the Commission would...
February 19, 2013
China: Distilleries fined $72M for price-fixing
Two of China’s leading liquor distillers have been fined by authorities more than $72 million for price-fixing. According to reports, Kweichow Moutai Co Ltd and Wuliangye Yibin Co Ltd have...
February 12, 2013
India: Execs of $2B alcohol deal meet with antitrust authorities
In efforts to clear a deal worth a reported $2 billion, executives of British alcohol company Diageo and India’s largest spirits company United Spirits reportedly met with the Competition Commission...
January 17, 2013
US: $20.1B alcohol merger may crumble from DOJ demands
The high-profile merger between Anheuser-Busch InBev and Grupo Modelo is in jeopardy, according to reports. Sources say InBev could walk away from the $20.1 billion deal if the company has...
January 15, 2013
India: $2B alcohol merger on hold for review
The Competition Commission of India has announced it will review a proposed merger between Diageo Plc and United Spirits Ltd. United Spirits is the largest spirits company in India, according...
January 07, 2013
UK: Alcohol cos’ $2.1B merger delayed pending Indian officials’ approval
According to a source, a mandatory tender offer by drinks group Diageo to buy up to 26 percent of India’s United Spirits is delayed due to a lack of approval...
April 24, 2012
Taiwan Solidarity Union blasts TFTC for not investigating state-run power...
The Taiwan Solidarity Union has criticized the Taiwan Fair Trade Commission (TFTC) for failing to investigate two state-run companies. The TFTC had launched probes into 23 consumer products upon suspicion...