Author Archives

• U.S. Department of Justice asks judge to approve CVS Health Corp’s merger with Aetna

  By admin1 on February 26, 2019 • ( 0 )

  

  Judge Richard Leon will have to either sign the deal or could possibly hold a hearing to allow critics to raise their concerns. The U.S. Justice Department has formally asked a U.S. judge to approve to allow CVS Health Corp’s… Read More ›

• Former PepsiCo CEO Indira Nooyi joins Amazon.com’s board of directors

  By admin1 on February 26, 2019 • ( 0 )

  

  Indira Nooyi will be part of Amazon’s audit committee on its board. In a development that underscores Amazon’s commitments towards gender neutrality in its board of directors, the world’s biggest online retailer stated it has appointed Indra Nooyi, the former… Read More ›

• Exxon Mobil Corp’s position on climate change is “shortsighted”: investors

  By admin1 on February 25, 2019 • ( 0 )

  

  Two group of investors, who have a combined total of $1.9 trillion assets under management are pushing Exxon Mobil Corp to address significant climate risk concerns. According to two groups of investors, Exxon Mobil Corp is attempting to block an… Read More ›

• Societe General SA to trim jobs at its global banking and investor solutions business

  By admin1 on February 22, 2019 • ( 0 )

  

  The yet to be officially announced move is aimed at offsetting regulatory cost pressures. On Friday, as per a report from Bloomberg, French bank Societe General SA, plans on trimming thousands of jobs at its global banking and investor solutions… Read More ›

• China applies coal pressure on Australia, terms it quality and safety assurance issue

  By admin1 on February 22, 2019 • ( 0 )

  

  Chinese customs has stopped importing Australian coal with the Chinese foreign ministry stating this is a “completely normal” practice. While China has always portrayed itself as playing by the rules, its surprising that it did not provide a guidance or… Read More ›

• Global anti-terror financial watchdog places Cambodia on money-laundering watchlist

  By admin1 on February 22, 2019 • ( 0 )

  

  Cambodia has been placed on the watchlist of the Financial Action Task Force (FATF) due to its susceptibility to money laundering and terrorism financing. On Friday, the Financial Action Task Force (FATF), a global money-laundering watchdog, placed Cambodia on its… Read More ›

• U.S. Federal Reserve permanently bars former MD of JPMorgan Chase & Co’s Hong Kong unit

  By admin1 on February 22, 2019 • ( 0 )

  

  With Timothy Fletcher’s cooperation, the U.S. Justice Department, the Federal Reserve and the SEC will follow through with any pending or potential enforcement action against other individuals who are or were affiliated with the Hong Kong unit of JPMorgan Chase… Read More ›

• Swedish television highlights Swedbank’s links to Danske

  By admin1 on February 20, 2019 • ( 0 )

  

  A Swedish television program has stated it has uncovered documents which point to at least $4.30 billion (40 billion Swedish crowns) had been transferred between accounts at Swedbank and Danske in the Baltics between 2007 and 2015. Following a report… Read More ›

• Lockheed Martin unveil F-21 fighter jet for India

  By admin1 on February 20, 2019 • ( 0 )

  

  Lockheed Martin unveiled the F-21 fighter jet at an airshow in the southern Indian city of Bengaluru. On Wednesday, in a development that underscores an increase fostering of U.S.-India defense ties, Lockheed Martin has offered India a new combat jet… Read More ›

• Nissan likely to pushback on having the same chairman as Renault: FT

  By admin1 on February 20, 2019 • ( 0 )

  

  Given Renault’s stake in Nissan, Jean-Dominique Senard, Renault’s chairman, will be joining Nissan’s board. On Wednesday, the Financial Times reported citing sources with knowledge of the discussions at hand, Nissan Motor Co Ltd’s independent committee on governance is likely to… Read More ›