In the post-Brexit battle for London’s financial-services industry, an obscure back-office function intended to bring more stability to trading has emerged as a pawn. Now that French and German officials have already targeted the industry, there are signs the U.K. is… Read More ›
Day: August 4, 2016
US Heath System Loosing $290 Billion per Year to Patients Skipping Meds
A new survey into drug intake trends in the U.S. says that nearly 125,000 people are killed in the country each year and costs the U.S. health care system $290 billion annually due to patients missing out on their medication… Read More ›
Reduced tax breaks for 1.6L engine cars in China to negatively impact VW
Although China Association of Automobile Manufacturers (CAAM) is pushing to make the tax break permanent, any downward revision of the tax break will affect VW’s China operations. According to the head of VW’s China operations, the planned retraction of tax… Read More ›
Facebook allows small businesses to sell through their FB pages
Through this strategic step, FB is trying to tap the fast growing economies of Asia as other markets are largely saturated. Social media giant, Facebook Inc. has disclosed that it will allow small businesses in emerging markets to sell their… Read More ›
Time Warner’s revenues beat analysts’ forecast
An increase in viewership in HBO has helped it rake in more profits. Additionally, it has also taken a 10% stake in Hulu. The owner of CNN and Cartoon Network, Time Warner Inc. has raised its profit forecast for 2016-2017…. Read More ›