U.S. President Donald Trump has bene forced to pour more cash into the properties to cover the shortfall at his Scottish golf resorts after the property faced mounting losses last year. According to accounts filed in the U.K., while revenue… Read More ›
Month: October 2017
Opposition to Sky Takeover Fueled by New Murdoch Hacking Scandal
After Rupert Murdoch’s ran into opposition as chairman of the pay-TV broadcaster and after the billionaire’s U.K. publishing arm admitted hacking computers, opponents of his bid to take over Sky Plc gained fresh ammunition. As part of a lawsuit settlement in London,… Read More ›
The Economic Reforms That Trump Has Been Trying To Deliver Is Touted By IF Chief Lagarde
Christine Lagarde, managing director of the International Monetary Fund is of the view that business regulations need to be cut, immigration policies need to be overhauled, investment need to be made in infrastructure programs and tax system needs to be reformed in the United… Read More ›
Posing A ‘Huge’ Tax Challenge For France Are US Tech Firms Like Apple And Amazon
France’s finance minister said on Thursday that major challenges for France is being posed by the way large U.S. firms are taxed in the European Union. An “equalization tax” for tech companies across the EU — a potential new policy… Read More ›
Exiled Chinese Billionaire Warns Of Spy Infiltration In US As His Home Country Seeks His Arrest
Warnings of a wave of Chinese spies being dispatched to the United States in recent months were issued by a controversial Chinese billionaire in self-imposed exile who also added that the a small clique of corrupt “kleptocrats” running China, while blasted… Read More ›
Elliott Management stalled at its acquisition of Gigamon
Having acquired a stake of 15.4%, Elliott Management’s bid for Gigamon has currently stalled due to its offer price being below Gigamon’s currently traded share price of $43.55. As per sources familiar with the matter at hand, Elliott Management’s attempt… Read More ›
Calm before the storm
As per a senior U.S. official, Trump is said to decertify the Iran nuclear deal in the near future. Emerging from a meeting with U.S. military leaders, U.S. President Donald Trump declared the moment as “the calm before the storm.”… Read More ›
End To Worst Downturn In History Envisioned By Offshore Rig Firms
Led by oil firms’ growing demand for harsh-environment exploration and triggering multi-billion dollar tie-ups among drillers hoping to profit, executives said that demand for offshore rig rental globally is starting to recover from its worst ever downturn. Energy companies are… Read More ›
Allow Withdrawals And Avoid Capping Medical Device Prices: U.S. Pressing India For
The United States wants India to withdraw products from the market if they do not wish to sell at government determined rates as the Washington presses New Delhi not to extend price caps on medical devices, said a U.S. trade… Read More ›
Peugeot SA to sell high-end SUVs in Brazil to lift its market share
French carmaker Peugeot aims to not only boost sales volumes but the company’s image as well in Brazil, one of the 5 priority markets for cars in the world. In a significant development that is aimed at improving French carmaker… Read More ›