As airlines around the world seek combinations to help them withstand fierce competition and bulk up internationally, the United Continental Holdings Inc. and Delta Air Lines Inc. are among suitors considering bids for Avianca Holdings SA, reported the Wall Street… Read More ›
Day: June 3, 2016
India Pitched Before Silicon Valley by the Country’s Market Regulator
With the intention of encourage more investment in his country’s thriving technology startups and to promote rule changes in his country protecting minority shareholders, the head of India’s financial markets regulator visited Silicon Valley this week. Investors in India’s over-4,000… Read More ›
Doctor concludes Sumner Redstone in sound mental health
A specialist in geriatric psychiatry found Sumner Redstone in sound “legal mental capacity” to make a decision, which he did when he removed Philippe Dauman and George Abrams from Viacom’s board. However Dauman’s lawyer has countered the argument saying the… Read More ›
Brexit looms large over Fed’s June interest rates hike
The U.S. Federal Reserve will most likely take a call on hiking interest rates after Britain’s historic vote on EU. So as to factor in the economic fallout of Britain leaving the European Union, the U.S Federal Reserve may be… Read More ›
BP settles class-action lawsuit with $175,000
This settles only the class-action lawsuit brought on by shareholders accusing the company of understating the severity of the 2010 oil spill in the Gulf of Mexico. Other legal actions related to securities concerning the oil spill is still on…. Read More ›