The U.S. bank is one of several foreign banks, including UBS Group AG and Nomura Holdings Inc who have applied to set up majority-owned securities businesses in China, following relaxation of rules. On Monday, JPMorgan Chase & Co stated it… Read More ›
South Korea drags U.S. to WTO for imposing steep tariffs on its exports of washing machines and solar panels. On Monday, South Korea dragged the United States to the World Trade Organization (WTO) saying the imposition of hefty tariffs by… Read More ›
The hiring is likely to boost safety issues in Waymo’s self-driving cars. Waymo, Alphabet Inc’s self-driving unit stated, it has hired Matthew Schwall. Schwall was Tesla’s main technical contact with U.S. safety investigators. Schwall now joins Waymo’s safety team led… Read More ›
Xerox found “material deviations” between the audited Fuji Xerox financial statements and unaudited statements that was provided to it earlier. In a significant development, Xerox Corp stated it was in the process of ending its planned $6.1 billion deal with… Read More ›
European powers, including France, Germany and Britain are willing to maintain the landmark 2015 Iran nuclear accord while pushing for talks encompassing a wider format which includes Iran’s ballistic missile program and its activities in Yemen and Syria. On Friday,… Read More ›
This significant step will enable De Beers to rigorously clean its supply chain of conflict minerals and boost its quality assurance in asset traceability. In the first efforts of its kind, De Beers, the world’s biggest diamond producer by value… Read More ›
Masamichi Kogai will now become Mazda Motor’s chairman. On Friday, Mazda Motor Corp stated, Masamichi Kogai, its CEO and president, would be stepping down from office. Akira Marumoto, who currently serves as the company’s vice president and overseas its operations… Read More ›
Poland decision is likely to enable it to meet EU’s CO2 emission reduction targets, and improve its ties with Brussels while creating green energy jobs in the country. According to sources familiar with the matter at hand, Poland’s state-controlled PGE… Read More ›
This preliminary deal essentially sets the foundation for Detroit-based General Motors landmark deal, to be signed on May 11 with the South Korean government, which will see it set up its Asia-Pacific HQ in the country. The deals are aimed… Read More ›
Apple has cited delays in the approval process as the reason for its decision. On Thursday, Apple stated it will not go ahead with its planned data center in Athenry, Ireland, due to delays in the planning approval process. In… Read More ›
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