Greece said that foreign creditors had a “moral, political and legal” duty to meet their obligations toward it and that the country and its government has done its part on reforms, the government said on Tuesday. Greece’s lenders aim to… Read More ›
Month: May 2017
After Settling Patent Dispute, Nokia And Apple Are Exploring Working On Health Tech Together
Apple and Nokia said that they were exploring working together on “digital health initiatives” and they have already ended their patent dispute that started last year, the companies announced on Tuesday. During the term of the agreement, an up-front cash payment from… Read More ›
Automakers from across NAFTA countries want rules of origin left untouched
Before actual negotiations kick-in, the key players are venting their expectations so as to position themselves better once the bargaining starts. According to the president of the Mexican auto manufacturer’s association, automakers from across the United States, Mexico and Canada… Read More ›
The Trump Administration has started ‘extreme vetting’ vetting at Australia’s detention centers
Trump had labeled the deal as “dumb”. As per two sources located at Australia’s offshore detention centers, officials from the U.S. Homeland Security have begun “extreme vetting” interviews in Australia. Trump had termed Washington’s refugee swap deal with Australia as… Read More ›
Britain suspends election campaigning in the wake of terror attacks
Ariana Grande’s concert venue was the target of a terror attack in Manchester. Political parties in Britain have agreed to suspend election campaigning, until further notice, in the wake of a terrorist attack in Manchester, at a concert by U.S… Read More ›
Analysts Say The Biggest Political Risk In Europe Is Italy
Italy now presents the biggest political risk for markets and investors with several elections already out of the way in Europe, an investment analyst said very recently. According to Nandini Ramakrishnan, global market analyst at JPMorgan Asset Management, this is… Read More ›
Import Duties On Sugar Slapped By China Even As Experts Question Impact
After lobbying by domestic mills, China said on Monday it will impose hefty penalties on sugar imports. But to stem the flow of lower-priced sweetener into the world’s top importer, the ruling may not go far enough, experts said. An… Read More ›
Ledger Holdings raises $11.4 million in new funding round
The funding round was led by China’s Huiyin Blockchain Venture Investments and Miami International Holdings Inc.
Ford set to fire its CEO
James Hackett set to replace outgoing CEO Mark Fields. As per a source familiar with the matter at hand, Ford Motor Co is set to announce the departure of its Chief Executive, Mark Fields, in what marks a broad shake-up… Read More ›
Royal Bank of Scotland reaching out to investors to settle deal
Last minutes negotiations are on. Two sources familiar with the matter at hand have disclosed that the Royal Bank of Scotland has tried to reach for a last minute settlement with a group of investors who had alleged that it… Read More ›