Those corporations who would get involved with the project of the digital currency called Libra being planned to be launched by the social media company Facebook could get undue advantage to getting greater power than the nation states, warned one… Read More ›
Creativity
Report Predicts Growth For Cannabis Infused Products Market
A new report from Standard & Poor’s predicted that more companies would be implementing plans to enter the global cannabis market which is estimated to be valued at $150 billion and develop and offer products ranging from cannabis infused as… Read More ›
Facebook And eBay Asked To Combat Fake Reviews By UK Regulatory Body
The existence of a thriving marketplace for fake and misleading online reviews has been noted by the Competition and Markets Authority (CMA) of the United Kingdom. The agency said that their conclusion was based on evidences for the same that… Read More ›
Economic impact of no-deal Brexit should be known before Britain opts for it: Bank of England Governor
A vote for a No-deal Brexit option should have “absolute clarity” on what it would mean for the British economy. In a significant development, Mark Carney, Bank of England’s Governor made it lucidly clear that Britain could opt of a… Read More ›
France’s PSA opens $630 million car factory in Morocco
Morocco is also home to French carmaker Renault. The automotive sector has accounted for 27.1% of Morocco’s exports of 27.7 billion dirhams in the first four months of 2019. On Friday, French carmaker PSA stated, it has opened a $630… Read More ›
Chevron Phillips Chemical Company bids $15 billion for Nova Chemicals Corp
The acquisition can help Chevron Phillips Chemical Company expand its footprints in the polystyrene and resins market, which is used across a range of industries. According to sources familiar with the matter at hand, Chevron Phillips Chemical Company, a joint… Read More ›
Britain biggest asset manager removes ExxonMobil from its Future World Funds
ExxonMobil along with 4 other companies have been removed from its board following non-compliance to key minimum requirements, including on emissions reporting and targets. In a significvant development, the Legal & General Investment Management, Britain’s biggest asset manager, has dumped… Read More ›
Liu Young-Way replaces Terry Gou as Foxconn’s chairman
Terry Gou is preparing to run for Taiwan’s 2020 presidential elections. On Friday, Foxconn stated, it has named the current head of its chip unit as its chairman. Liu Young-Way will now be replacing Terry Gou as Foxconn’s chairman. Foxconn’s… Read More ›
South Korean brands rule J.D Power’s 2019 Initial Quality Study for automotive brands in the U.S.
This is a must read for those looking to purchase a car. In what is likely to be an eye opener, an annual ranking exercise by researcher J.D. Power revealed that South Korean brands have once again demonstrated their best… Read More ›
Deutsche Bank AG probed for compliance to money laundering laws and other financial crimes
U.S. federal authorities are probing to trace and map the flow of illicit funds through the U.S. financial system. According to a report from the New York Times which cites 7 sources familiar with an enquiry, U.S. federal authorities are… Read More ›