Amgen stated the U.S. repatriation tax will impact its current generally accepted accounting principles (GAAP) earnings forecast, but will not have any affect on its non-GAAP forecast. With U.S. President Donald Trump signing the new tax bill into law on… Read More ›
The Swiss banking giant stated it will provide a more detailed report on the impact of the U.S tax bill on its operations in its fourth quarter report, scheduled to be published on Feb. 14. Swiss banking giant Credit Suisse… Read More ›
The latest U.N sanctions are expected to have a crippling effect on North Korea’s economy. In November, according to business data China’s trade with North Korea edged up to $388 million, its lowest levels this year. Tough U.N. sanctions are… Read More ›
The development is in line with U.S. President Donald Trump’s strategy of boosting the sale of U.S. weapons exports to friendly countries. On Friday, the Pentagon stated, Boeing Co has been awarded a $6.2 billion contract for 36 F-15 fighter… Read More ›
Banknotes are regularly threatened to disappear from our economies, under the pressure of banking and credit card industries, governments economic policies and social trends. But once cash yields to more “modern” payment systems, it seems it is sorely missed, enough… Read More ›
The deal will enable T-Mobile Austria to better compete with bigger rivals such as A1. Liberty Global Plc stated it would divest its UPC Austria business to T-Mobile Austria, an unit of Deutsche Telekom, for a value of $2.25 billion… Read More ›
Ignyta’s precision drugs and diagnostic portfolio will help Roche increase its global footprint in the oncology department. On Friday, U.S. cancer drugmaker Ignyta Inc and Swiss drugmaker Roche disclosed that the Swiss pharmaceutical giant will acquire U.S. drugmaker for $1.7… Read More ›
While an investigation by the U.S. Department of Justice found ZTE shipping goods illegally to Iran and its ally North Korea in violation of U.S. trade laws, which led to the company paying a record fine. The manner in which… Read More ›
British Airways in partnership with Los Angeles Airport, has for the first time in history of aviation, set up experimental self-service biometric boarding gates on international flights out of the USA. Flyers would have a smoother journey because of the… Read More ›
Chubb Ltd is one insurer among at least three companies that are facing increase in costs related to claims from ransomware attacks. The company mainly serves wealthy families and corporations. And the rising value of bitcoin has been blamed by… Read More ›
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