Semiconductor analysts at Barclays claimed that compared to the designs of iPhones last that were launched by Apple last year, there would be limited changes in design by the company in the current year. A third camera lens on the… Read More ›
Creativity
Australian wealth manager facing yet another class-action lawsuit
Allegations of AMP Ltd charging “unjustifiably” high fees for an extended period of time had surfaced in 2018. On Thursday, Australian wealth manager AMP Ltd stated it would defend itself against a new class-action lawsuit filed on behalf of pension… Read More ›
UK Body Suggests Wider Immigration To Tackle Worker Shortage
Advisers to the British government have suggested that to tackle shortages of workers in a wide range of occupations – from archaeologists and architects to vets and web developers, it is imperative that the UK ensures arrival of a wider… Read More ›
Study Indentifies UK & Its Territories As ‘Greatest Enabler’ Of Tax Avoidance
Result of a new research has shown that the greatest enabler of corporate tax avoidance in ethw world is the UK and its “corporate tax haven network”. Among the top 10 places that have been most active to “proliferate corporate… Read More ›
Indian Shifting To Export Driven Economy Due To Slowing Domestic Consumption
Asia’s third largest economy India – which is critically dependent on consumption, is facing the challenge of a fall in consumption which is indicated by dropping sale figures in some of the key sectors. As a solution, the economy –… Read More ›
GE plans to cut 1,000 jobs from its Belfort site in France
GE’s first quarter results could be a bargaining point for the French government since profits rose more than what GE had expected. General Electric (GE) has announced a plan to slash nearly 1,000 jobs in France. The move is likely… Read More ›
New York dethrones London to become world’s No. 1 financial centre
180 executives participating in the annual Global Regulatory Outlook survey working in asset management, private equity, hedge funds, banking and brokerage houses placed New York above London as the world’s top financial center. On Tuesday, as per the results… Read More ›
LNG prices likely to shoot up after 2022: ConocoPhillips
ConocoPhillips is expected to take a final investment decision on whether it should develop the Barossa gas field. On Tuesday, the Chief Executive of ConocoPhillips stated, he expects global prices of liquefied natural gas (LNG) to be weak in the… Read More ›
Canada takes steps to ratify USMCA ahead of U.S. VP Mike Pence’s visit
For the USMCA, which will replace NAFTA, to become law, it has to be ratified by lawmakers from the U.S., Canada and Mexico by the end of this summer. In a significant development, Canada took the first step toward ratifying… Read More ›
China’s banking regulator takeover Mongolia-based Baoshang Bank
The development underscores the prevalence of unmanageable debt, which poses a systemic risk in China’s financial system. On Monday, in a significant development, the takeover of Inner Mongolia-based Baoshang Bank by by China Banking and Insurance Regulatory Commission (CBIRC), jolted… Read More ›