According to analysts who say that it is set to ride a wave of improved euro zone data and weakening investor conviction in the U.S., the euro could be on track to hit $1.20 against the dollar before the year… Read More ›
Day: July 21, 2017
Despite Bank Bonus Cap, Amsterdam Seeks Brexit Business
As Brexit drives them across the pond, even as a Dutch cap on bank bonuses keeps financial firms away, Amsterdam is seeking to lure companies and the European Medicines Agency. Including broadcasters and services firms, as they seek to lock in… Read More ›
Audi recalls 850,000 diesel powered vehicles to update emission software
The recall also covers VW, and Porsche vehicles which share the same engine. Volkswagen’s luxury brand Audi is recalling 850,000 diesel cars to update the vehicle software which control its emissions. The move is strategic since it is aimed at… Read More ›
Jaguar Land Rover picks China for its first overseas engine plant
Like much of the British car industry, the uncertainty surrounding Brexit negotiations is pushing companies to invest overseas rather than expand production facilities in the country. On Friday, Britain’s Jaguar Land Rover picked China for its first overseas engine plant… Read More ›
FTC probing allegation of Amazon’s deceptive pricing strategy
Advocacy group, Consumer Watchdog has alleged that Amazon’s deceptive pricing strategy is making the prices of its products look like a bargain. It has asked the FTC to stop Amazon’s acquisition of Whole Foods while its deceptive discount continues. According… Read More ›
Birmingham Retirement and Relief System sues Chinese ZTO over untrue financial statement in its 2016 IPO
The lawsuit states that the underwriters had failed to do their due diligence. A U.S. pension fund has sued Chinese courier ZTO Express and its underwriters alleging that the company has significantly hiked its profit margins to attract investors for… Read More ›
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