As unfolding political developments added to concerns over the outlook for the U.K., sterling is hovering around its second lowest level against the U.S. dollar since last June’s vote to leave the European Union (EU). Parliamentary approval to trigger Article… Read More ›
Month: March 2017
Rex Wayne Tillerson used alias account to discuss Exxon’s impact on climate change
Exxon Mobil failed to disclose Rex Wayne Tillerson’s usage of an alias e-mail address for relevant communication at Exxon Mobil. Eric Schneiderman, NY Attorney General has disclosed, Rex Wayne Tillerson the former chairman and chief executive of Exxon Mobil Corp… Read More ›
Elliot Management prodding Citrix to seek buyers
The activist hedge fund got a seat in Citrix’s board in 2015. The company is now looking for strategic alternatives, including a potential sale. According to people who choose to remain anonymous, Citrix Systems Inc, is looking for strategic alternatives,… Read More ›
Scotland’s independence referendum stonewalled by Theresa May
Scotland’s demand for an independence referendum is likely to face an uphill task since it could potentially undermine Britain’s negotiating position during Brexit talks with the EU. In a significant development, British Prime Minister Theresa May is preparing the grounds… Read More ›
British Minister Says A Brexit Back UP Plan Ready If Talks Fail
Britain’s Brexit minister David Davis said on Sunday that in the unlikely event it has to walk away from divorce talks with the European Union without a deal the country is drawing up contingency plans to mitigate the issues that… Read More ›
China Reins In Overseas Investment After $225 Billion in Deals Last Year
In a record-breaking number that signaled to the world that Chinese business leaders were hot to haggle, China struck $225 billion in deals to acquire companies abroad last year. Now, China is telling some of its companies to cool it… Read More ›
Britain scurries to have a contingency plans in case of a hard brexit
Failing to provide a contingency plans would amount to a serious dereliction of duty.
AIA’s CEO joins embattled HSBC as non-executive Group Chairman
The move comes in the wake of HSBC’s lawyers urging a federal appeals court to not to reveal Michel Cherkasky’s reports. In a telling development, Hong Kong-based AIA Group’s President and CEO has stated that he will be leaving the… Read More ›
Survey Finds Substantial Cash Risks Being Faced By Asian Millennials
Millennials in Asia are expected to carry mortgage debt into retirement or even run out of money as they face a substantial cash risk during their later years,, found a new study. While 90 percent said they expect to be… Read More ›
Assange Offers Hacking Tools to Tech Companies Following Wikileaks’ Latest Revelation Of CIA’s Hacking
Presenting Silicon Valley with a potential dilemma on how to deal with the anti-secrecy group, Wikileaks founder Julian Assange said that it will provide technology companies with exclusive access to CIA hacking tools that it possesses so they can patch… Read More ›