Author Archives

• Ex-Deutsche Bank Executive in Asia Sues Lender for $17 Million

  By admin2 on June 22, 2016 • ( 0 )

  

  The German firm Deutsche Bank AG is being sued for HK$135.3 million ($17 million) in a wrongful dismissal claim filed with Hong Kong’s labor tribunal by a former co-head of Asia corporate finance at the bank – Douglas Morton. According to… Read More ›

• What’s in Store for the Oil Industry if there’s a Brexit?

  By admin2 on June 21, 2016 • ( 0 )

  

  There would be a fall in the price of oil – but not for long, predicts the Societe Generale’s head of oil market research, if the U.K. public votes to leave the European Union (EU). With a positive reaction seen… Read More ›

• Airwave Tussle Likely for GM’s Talking Cadillac as it Steers on Collision Course with Silicon Valley

  By admin2 on June 21, 2016 • ( 0 )

  

  Cars, that would tend to fulfill a safety vision decades in the making, that can automatically brake to avoid collisions is being rolled out by General Motors Co. The company announced the rolling out of a sedan laden with gadgets… Read More ›

• Possible Brexit Forces British Companies to Prepare for Long Night

  By admin2 on June 18, 2016 • ( 0 )

  

  Extra funds, pre-written statements and plans for late-night vigils by teams of consultants are being done by British companies as preparations for the possibility that the country will vote to leave the European Union. A last-minute flurry of preparations in… Read More ›

• $600 Milion to be paid by Mitsubishi as Compensation to Customers of four models over mileage cheating

  By admin2 on June 18, 2016 • ( 0 )

  

  As a part of the reimbursement costs that will total at least $600 million for its overstating of mileage readings, Japan’s Mitsubishi Motors Corp said it plans to give owners of four mini vehicles close to $1,000 in compensation. Nissan… Read More ›

• BNP, Santander Staff being Probed in Spain Over Roles in Tax Case

  By admin2 on June 17, 2016 • ( 0 )

  

  Amid allegations they may have helped shield customers’ international transfers from tax authorities, the Spanish authorities are investigating some Banco Santander SA and BNP Paribas SA employees, reported Bloomberg citing a person familiar with the probe. By analyzing evidence including papers… Read More ›

• Will the $30 trillion ‘Great Wealth Transfer’ Change the Way of Financial Advising

  By admin2 on June 17, 2016 • ( 0 )

  

  Demographics and the aging of the baby boomers is the most important issues that looms for the financial advice industry. Roughly $30 trillion in assets would be transferred to their Gen X and millennial children by the biggest and wealthiest… Read More ›

• A Discount of 40% being Offered for Renting of World’s Biggest Jetliner

  By admin2 on June 16, 2016 • ( 0 )

  

  With the aim of spurring demand for the second-hand jets leasing firm Doric is offering its used Airbus Group SE A380 superjumbos at a 40 percent discount compared to the $2 million-plus monthly rental rate for a new plane. Sibylle… Read More ›

• Contract Worker Rights Ruling by US Labor Board Opposed by Microsoft

  By admin2 on June 16, 2016 • ( 0 )

  

  Arguing that a case by a U.S. labor board would have big implications for the technology company, Microsoft Corp has asked a federal court to throw out a ruling by the board extending the responsibility of companies for contract workers…. Read More ›

• Tony Seba Predicts Lower Maintenance Costs would Soon Make Electric Cars Cheaper than Regular Cars

  By admin2 on June 14, 2016 • ( 0 )

  

  Tony Seba, a serial entrepreneur and author believes that cost-effectiveness rather than a green revolution would make all new vehicles being bought to be electric by 2025. Tony Seba opined these views at a Nomura investment forum. The internal combustion… Read More ›