Geo-political tensions, including a widening rift between the U.S. and Turkey, along with Erdogan’s grip on monetary policy are upping the stakes for Eurozone’s banks in Turkey. On Friday, with the Turkish Lira registering yet another record low against the… Read More ›
Much of the turmoil that shook the world’s capital markets in 2007-2009 can be traced back to the assigning of high ratings to synthetic collateralized debt obligations (SCDOs). On Friday, U.S.-based rating agency Standard & Poor stated it has settled… Read More ›
The first augmented reality headset from Magic Leap is finally being shipped after a period of eight years and expending more than $2.3 billion. However, here will be a very few who would be able to lay hands on one…. Read More ›
Sinclair Broadcast Group has bene sued for breach of contract by Tribune Media Company following the scarping of the $3.9 billion merger deal with the former, the company announced on Thursday. The scrapping of the deal has resulted in bringing… Read More ›
The EU’s strategic decision to publish historic trade data is a message to Trump: let us work and trade competitively rather than fight bashful wars. Tariff-free trade can be a win-win situation for both economies. On Thursday, the European Union… Read More ›
Tribune Media Co was to be acquired by Sinclair Broadcast Group for $3.9 billion. On Thursday, Tribune Media Co has terminated its $3.9 billion deal to be acquisition by Sinclair Broadcast Group, citing regulatory hurdles. Federal Communications Commission (FCC) Chairman… Read More ›
The disclosure by the Japanese government could potentially lead to lawsuits in the U.S., like it did for Germany’s Volkswagen AG. On Thursday, in the latest case of data falsification, the Japanese government disclosed, Yamaha Motor Co, Mazda Motor Corp,… Read More ›
With elections looming for the state of Victoria in November, a lucid, clear cut energy policy could be a challenge for the coalition government. Australian states are set to vote on a new energy policy this coming Friday which could… Read More ›
The announcement comes in the wake of its earlier December 2017 statement wherein it had hinted at the possibility of such a cost cutting measure. On Wednesday, ABN Amro stated it would shed 250 jobs as part of a cost… Read More ›
U.S. federal prosecutors are zeroing in on a former Goldman Sachs banker who worked closely on the 1MDB deal. As per a report from New York Times, U.S. prosecutors are investigating whether Goldman Sachs Group Inc played any role in… Read More ›
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