Author Archives

• Deutsche Bahn analysing various Brexit scenarios

  By admin1 on July 4, 2016 • ( 0 )

  

  British railway commuters could face increased waiting time in the wake of Brexit. The CEO of Deutsche Bahn, Germany’s state-owned railway operator said business would be significantly hit once Britain triggers article 50 and starts the leaving process as Britain… Read More ›

• Brexit questions EU’s irreversibility – Benoit Coeure

  By admin1 on July 4, 2016 • ( 0 )

  

  Brexit needs a timeline, so as to contain its economic costs. Benoit Coeure, an executive council member of the European Central Bank has termed Brexit as a move which questions the irreversibility of the project of the European Union. “Brexit… Read More ›

• Slovakian President – Brexit has little impact on Slovak

  By admin1 on July 4, 2016 • ( 0 )

  

  Slovakia is one more country whose economy was not significantly ravaged by Brexit. Slovakian Prime Minister, Robert Fico has in a televised address said that Britain’s historic vote is unlikely to have any significant impact on Slovak’s economy. “We feel… Read More ›

• ECB’s governing member cites increased recessionary trend for Britain post Brexit

  By admin1 on July 4, 2016 • ( 0 )

  

  Britain will have to fight off the twin economic evils of recession and inflation once it leaves the safety of the EU. According to Francois Villeroy de Galhau, a member of the Governing Council from European Central Bank, Britain is… Read More ›

• Scope acquires Feri Eurorating

  By admin1 on July 1, 2016 • ( 0 )

  

  The acquisition will boost EU’s position in market dominated by 3 US Market rating agencies. In a strategic development, two rating agencies in Germany who have a combined market share of less than 3%, are merging so as to increase… Read More ›

• Britain’s Office for Budget Responsibility postpones forecast of public finances in Brexit’s wake

  By admin1 on July 1, 2016 • ( 0 )

  

  Britain will need to address and charter a course for improving its relationship with the world’s largest trading block before it can deal with the aftershock of its historic decision. As per Britain’s independent budget regulator, the publication of next… Read More ›

• Oracle found in breach of contract for HP developing software for HP’s Itanium servers

  By admin1 on July 1, 2016 • ( 0 )

  

  A jury has awarded $3 billion damages to Oracle, which the company has decided to appeal. Oracle’s spokeswoman has disclosed that a California jury has ordered the company to pay to pay Hewlett-Packard Enterprise Co $3 billion in damages in… Read More ›

• Disney values MLB Advanced Media at $3.5 billion, set to buy 33% stake in it

  By admin1 on July 1, 2016 • ( 0 )

  

  MLB Advanced Media is the video arm of Major League Basketball. Bloomberg has reported citing a source who is familiar with the matter at hand that Walt Disney Co. is set to buy a 33% stake in MLB Advanced Media,… Read More ›

• Brazil’s superior court tells BHP & Vale to shell $6.23 billion for the country’s worst ever environmental disaster

  By admin1 on July 1, 2016 • ( 0 )

  

  BHP and Vale’s settlement of $2.3 billion was overturned by the court and it was told to pay $6.23 billion. It has now decided to fight the case, rather than settle. BHP Billiton has disclosed that it would appeal the… Read More ›

• Japan’s antitrust regulators probing Canon’s Toshiba deal

  By admin1 on June 30, 2016 • ( 0 )

  

  Although the structure of the deal was unorthodox, according to Toshiba, it had consulted legal experts who approved the deal from a legal perspective. According to a source with direct knowledge of the matter at hand, Japan’s anti-monopoly regulator is… Read More ›