Citing reasons of China’s slowdown, persistently low oil prices and chronic weakness in advanced economies, the International Monetary Fund cut its global growth forecast for the fourth time in the past year on Tuesday. The global economy would grow at… Read More ›
Showcasing its push to develop long-range nuclear missiles despite international sanctions, secretive North Korea is revealing details of its weapons development program for the first time ahead of a rare ruling party Congress next month. With foreign governments and experts… Read More ›
Texas Attorney General Ken Paxton has been indicted by a Texas state grand Jury in 2014. In a significant development, U.S. regulators have charged Texas Attorney General Ken Paxton on charges of defrauding investors in a stock scam revolving around… Read More ›
The estimated time for closure for this merger is mid-2016. With the shareholders of Marriott International Inc. and Starwood Hotels & Resorts Worldwide Inc. approving their merger, has resulted in the combined entity becoming the biggest hotel company in the… Read More ›
This is a major victory for New York Attorney General Eric Schneiderman. The U.S. Department of Justice has disclosed that the Goldman Sachs Group Inc., has now agreed to shell out $5.06 billion in settlement claims for having misled mortgage… Read More ›
Last week the DOJ has filed a lawsuit to stop the merger as the resultant would leave only two dominant companies in the global well drilling and oil industry construction services industry. The equivalent of antitrust regulators in the European… Read More ›
FIREapps, a risk consultancy firm, has filed a report on the impact that currency fluctuations have had on U.S. MNCs In a report prepared by FIREapps, fluctuations in exchange rates during the last quarter of 2015 had the biggest negative… Read More ›
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