In October 2017, a class action lawsuit was filed against CBA for failing to disclose widespread breaches of anti-money-laundering rules. On Monday, the Commonwealth Bank of Australia (CBA) disclosed that Phi Finney McDonald had served it with a class action… Read More ›
Panasonic, the sole supplier of automotive batteries for Tesla’s current production models, has stated it is willing to increase its investment beyond its current $1.6 billion. On Monday, Panasonic Corp, which is already partnering with Tesla Inc in its Gigafactory,… Read More ›
The Electricity Authority of Israel has set a target of achieving at least 17 per cent of its electricity requirement from solar energy by 2030. The agency also has set a target of achieving 10 per cent of its total… Read More ›
Although the leaders of the world’s largest trading bloc did not specifically mention China and the United States, the writing on the wall is lucid. On Friday, leaders across the European Union pledged to act unanimously and firmly against protectionism… Read More ›
According to Gao Qi, a FX strategist at Scotiabank, the yuan is likely to find strong support at 6.70 yuan per dollar. On Friday, the Chinese yuan touched a new low and was on course to perform its worst ever… Read More ›
The move is aimed at sharpening it focus on its prescription drugs business. On Friday, Novartis disclosed its plans of divesting all of its assets from its Alcon eye care devices business as it sharpens its focus on prescription drugs…. Read More ›
The deal will still need to be approved by regulators from other countries. As per a source familiar with the matter at hand, the U.S. Justice Department is set to provide antitrust approval for Walt Disney Co’s bid to acquire… Read More ›
Efficacy for its newest product, Prostreatm has been demonstrated by NucleoBio Inc. in its attempt to develop a drug that can efficiently treat aggressive prostate cancer. Preventing the growth and spread of the most aggressive form of prostate cancer –… Read More ›
Xerox has already started sourcing products from new vendors and has made it lucidly clear that it may not renew an agreement with Fujifilm. On Wednesday, Fujifilm Holdings Corp threatened Xerox Corp stating it will compete with it in the… Read More ›
The UK has seen 4 elections in an equal number of years. In a significant development that could potentially have a bearing on Brexit negotiations, Nicola Sturgeon, Scotland’s First Minister has moved one of her key allies into a campaigning… Read More ›
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