Author Archives
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Oil rallies with diminishing Brexit apprehensions
Three opinion polls have shown that British voters could potentially vote to remain in the EU. The markets have cheered in the wake of such reports. With polls showing a diminished chance of a Brexit from the European Union, investor’s… Read More ›
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German foreign minister calls for joint responsibility of EU states to prevent nationalism of single states
Frank-Walter Steinmeier has called for prevention of re-integrating Britain into the EU, if it decides to exit. Frank-Walter Steinmeier, Germany’s Foreign Minister, has been quoted today saying if Britain were to leave the EU bloc, the European Union must prevent… Read More ›
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Pounds surges ahead of Britain’s referendum
The trend underpins growing investor sentiments that British voters are likely to vote for Britain staying within the EU. With opinion polls showing British voters swinging to opt to remain within the safe confines of the European Union in the… Read More ›
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UnitCredit to name ex-Italian Industry’s minister as its CEO next week
Italian newspaper Il Fatto Quotidiano has reported that UniCredit is set to name Corrado Passera as its next CEO, sometime next week. Italy’s biggest bank by asset, UniCredit is all set to name Corrado Passera, a former industry minister as… Read More ›
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Siemen’s & Gamesa’s wind energy business to merge
If the deal were to go through, it would create the world’s biggest power producer from wind energy. Bloomberg has reported citing sources familiar with the matter at hand, Siemens AG is likely to pay $1 billion to Gamesa, a… Read More ›
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SEC and DOJ probing possible corruption charges against Ericson
The probe relates to Ericson’s business practices in China. Swedish Daily Svenska Dagbladet (SvD) has reported citing sources familiar with the matter at hand, Swedish telecom gear manufacturer is being investigated by U.S. law enforcement agencies over possible corruption charges… Read More ›
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Ipsos Mori telephone poll shows 53% Britons opt for Brexit
The “Leave” movement is gaining momentum as the referendum date gets near. According to a telephone poll conducted by Ipsos MORI 53% of British voters are likely to opt to leave the European Union, in a referendum that is due… Read More ›
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Panama Papers – Geneva’s prosecutor’s office detains IT worker
Prosecutors are slowly zeroing in on the person who has dared to throw a spotlight on the shadowy world of how the wealthy hide their wealth. Swiss newspaper Le Temps has reported citing a source who is close to the… Read More ›
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Sumner Redstone says he no longer trusts Philippe Dauman
Philippe Dauman has argued in court saying that the 93-year-old media’s mogul’s daughter, Shari Redstone, is manipulating her father. Sumner Redstone has not been seen speaking in public for a months now. Viacom’s lead independent director, Fred Salerno, has pleaded… Read More ›
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Kaspersky discovers xDedic, an e-bay like market for cybercriminals
Here criminals can buy attack tools for as little as $6. Attack /Defence tools against government organisation cost only $15. Security experts have stated that there are markets on the darknet which act like eBay in which black hat hackers… Read More ›